One of Israel’s first dedicated energy-efficiency companies, ESCO Israel, announced last week that it’s participating in a NIS 25 billion plan to address the rise in energy consumption associated with the development of artificial intelligence data centers in the country. According to the company, the current inefficiencies in the Israeli energy sector amount to approximately…
2026-07-02T08:10:18+00:00 font Enable Reading Mode A- A A+ Shafaq News- Beirut Lebanon’s Economy and Trade Minister Amer Bisat said on Thursday that the cost of Israel’s war on Lebanon, which has killed more than 4,000 people, could exceed $8 billion, with final damage assessments still underway. Speaking to Al Arabiya, Bisat estimated that the conflict…
Russia and Israel: a tale of two illegalities In April, the EU adopted its twentieth set of sanctions targeting Russian government and industry. The sanctions form part of the bloc’s ongoing response to Russia’s invasion and occupation of Ukraine. The sanctions target the oil and gas trade, the banking sector, the chemicals and metals industries,…
The proposed investments underscore Tanzania’s growing appeal as one of Africa’s leading destinations for large-scale industrial capital, as governments across the continent compete to attract manufacturing, energy and infrastructure projects capable of creating jobs, boosting exports and accelerating economic growth. The meeting at the State House reaffirmed the long-standing partnership between Tanzania and…
People from pro-Palestinian activist groups gather outside the Edgware United Synagogue, during a demonstration against the “Great Israeli Real Estate Event” organized by real-estate agency, ‘My Home in Israel,’ in London, Britain, June 14, 2026. Photo: REUTERS/Toby Shepheard The British government has been weighing a full ban on imports of goods produced in Israeli communities…
ANKARA Senior European Union officials have called for closer cooperation with Türkiye after talks with President Recep Tayyip Erdoğan in Ankara, citing security, migration, energy and regional stability. EU foreign policy chief Kaja Kallas said after the meeting that Türkiye was “a key partner on security, migration, and energy,” while also pointing to its status…
HANOI: Vietnam and Israel have agreed to step up the effective rollout of the Vietnam-Israel Free Trade Agreement (Vifta) and foster cooperation in trade, industry and innovation. The consensus was reached during a working session between Vietnamese Ambassador to Israel Nguyen Ky Son and Israeli Minister of Economy and Industry Nir Barkat in Jerusalem on…
Israel’s Ministry of Transportation has introduced a national strategy aimed at reducing reliance on private cars and increasing the share of trips made by sustainable transport to about 70% in major urban areas by 2050, AzerNEWS reports. According to TPS-IL, the initiative is intended to improve long-term mobility for Israeli residents, enhance access to employment…
The UK government is engaged in discussions with international partners about how a full trade ban on goods produced in illegal Israeli settlements in the West Bank “might work,” Middle East Minister Hamish Falconer has confirmed. Despite cross-party calls from MPs for the UK to implement such a ban, Falconer acknowledged “technical difficulties,” especially among…
European Commission President Ursula von der Leyen has arrived in Azerbaijan’s capital, Baku. The European Commission president announced her arrival in a post on X. 📍Touchdown in Baku 🇦🇿 The EU believes in a bright future for the South Caucasus: connected, peaceful and prosperous. We want to help build that future. I’m also here to…
