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2026-09-16T08:38:38.000Z

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Europe Faces Weather Disasters and Climate Reinsurance

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18 Hrs2026-09-16T13:23:00.000Z
Europe Faces Weather Disasters and Climate Reinsurance

Bank of Japan near 31-year high in interest rates

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19 Hrs2026-09-16T12:27:00.000Z
Bank of Japan near 31-year high in interest rates

Egypt dollar rates today September 16

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21 Hrs2026-09-16T10:55:00.000Z
Egypt dollar rates today September 16

UK Inflation Hits Five-Month High

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21 Hrs2026-09-16T10:44:00.000Z
UK Inflation Hits Five-Month High

Egypt Gold Prices Drop on September 16

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22 Hrs2026-09-16T09:45:00.000Z
Egypt Gold Prices Drop on September 16
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Saudi Delta Project's impact on Afghanistan's energy

The Afghan government has signed an agreement with the Saudi company "Delta International" to explore gas resources and develop the Koshk-Terbal basin, covering an area of 22,000 square kilometers, with an initial cost of $200 million. The agreement includes a study to establish a 700-kilometer gas pipeline, with investment estimates reaching up to $10 billion over a period of 10 years. The goal of this agreement is to support Afghanistan's efforts to increase reliance on its domestic oil and gas resources, meet its energy needs, and potentially attract massive investments totaling up to $60 billion over a decade. The outcomes of the economic feasibility depend on the exploration and assessment of resources, which could convert geological potential into commercially viable reserves. Final decisions will await reservoir evaluations and drilling results to determine the possibility of beginning production and utilizing the resources to boost the local economy and connect it to regional markets.

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