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Lebanon says ‘final’ gas deal with Egypt to be signed June 21

Lebanon will sign a “final” agreement to import gas from Egypt on June 21, its energy ministry told Reuters, after months of delays to a plan viewed as critical to boosting power supplies for Lebanon’s stricken economy.
The plan, first floated in summer 2021, is part of a US-backed effort to address Lebanon’s crippling electricity shortages using Egyptian gas supplied via Jordan and Syria, the Alarabiya English reported, citing Reuters.
A US official said earlier this week that final approval of the agreement between the countries would allow Washington to evaluate whether the deal was in compliance with US sanctions on Syria, after which gas could “finally flow.”
Egypt’s ambassador to Lebanon did not immediately respond to a request for comment.

The United States enacted the Caesar Act in 2019 allowing it to freeze assets of anyone dealing with Syria, with the aim of forcing President Bashar al-Assad to stop an 11-year civil war and agree a political solution.
Lebanon has said the Egyptian gas, combined with a separate deal to import electricity from Jordan, could raise the country’s power supply from just a couple hours a day to up to 10 hours per day.
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The deals are a cornerstone of the Lebanese government’s plan to revamp the electricity sector by increasing power supply and then raising prices in an effort to close the state-run electricity company’s deficit amid a crushing economic crisis.
The World Bank has pledged to fund both deals, conditional on reforms to Lebanon’s power sector which has contributed tens of billions of dollars to the country’s massive public debt.
A World Bank spokesperson could not immediately be reached for comment on whether its conditions had been met.
Source: alarabiyaenglish
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BENEFIT Sponsors BuildHer...
- April 23, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”
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