Three arrested in London on suspicion of Russia-linked spying
British police have arrested three men in London on suspicion of assisting a foreign intelligence service, in a case linked to Russia under national s...
Egypt and the European Commission have signed a soft funding agreement worth 90 million euros (approximately $93.9 million) to enhance food security in the country, according to Egypt’s Ministry of International Cooperation.
The funding, provided by the European Investment Bank (EIB), is aimed at improving Egypt's grain storage and logistics infrastructure under the broader Food Resilience Project.
The initiative is designed to strengthen the capacity of the General Authority for Supply Commodities (GASC) to import and store wheat more efficiently. Wheat, a critical commodity for Egypt, is predominantly used to produce subsidized bread for millions of Egyptians, making it a cornerstone of the nation's food security efforts. Egypt remains the world's top wheat importer, and improved infrastructure is expected to help stabilize supplies and manage imports more effectively.
This agreement is part of a larger package of support that includes an additional 210 million euros in grants and financing from the European Union and the World Bank. Earlier this year, on February 4, GASC secured a $700 million loan agreement with the Islamic Trade Finance Corporation to further bolster its food security initiatives. Notably, this is the second instance this year that GASC has received financing for wheat imports, despite the organization being replaced as the state grain buyer by the military-affiliated Mostakbal Misr at the end of last year.
The funding deal underscores the commitment of both Egypt and its international partners to enhancing food resilience in the face of ongoing challenges in global supply chains. The investment in grain storage and logistics is seen as a key step towards ensuring stable food supplies and supporting the country's broader economic stability.
As Egypt continues to navigate its status as a major wheat importer, initiatives like this soft funding agreement are critical in securing the nation's food supply and protecting the livelihoods of millions who depend on affordable staple foods.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
British police have arrested three men in London on suspicion of assisting a foreign intelligence service, in a case linked to Russia under national security laws introduced in 2023.
The peak of Japan's Mount Fuji was capped with snow for the first time this winter on Thursday, reaching the milestone 21 days later than the average since records began in 1894, the meteorological agency said.
Türkiye plans to acquire the necessary defence systems from its NATO allies and other partners until its domestically produced fighter jet, KAAN, is ready for delivery, a source from the Turkish Defence Ministry said on Thursday.
Talks between Thailand and Cambodia this week have made "meaningful progress", Thai defence minister Natthaphon Narkphanit said on Thursday, ahead of the potential signing of a broader ceasefire agreement.
The U.S. military conducted strikes against two vessels in the eastern Pacific Ocean, killing five alleged drug smugglers, U.S. Defense Secretary Pete Hegseth said on Wednesday. The operation marks an expansion of the Trump administration’s use of the armed forces in its counter-narcotics campaign.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment