Mon, 2022-10-24 23:43 CAIRO: A maritime demarcation agreement with Cyprus and Greece in the East Mediterranean, as well as an accord signed with Saudi Arabia in the Red Sea has helped Egypt save the country some $120 billion, which is the amount needed to power its electricity plants annually at current prices, according to President Abdel Fattah El-Sisi. Speaking at an economic conference taking place in the new administrative capital, El-Sisi said the demarcation deals had been critical to secure the energy needed by the nation.Main category: Middle-East
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