Israeli PM Approves 50 Mln Cubic Meters Sale of Water to Jordan

Israeli Prime Minister Naftali Bennett (AP)
Israeli Prime Minister Naftali Bennett (AP)
TT

Israeli PM Approves 50 Mln Cubic Meters Sale of Water to Jordan

Israeli Prime Minister Naftali Bennett (AP)
Israeli Prime Minister Naftali Bennett (AP)

Israel’s newly-elected Prime Minister Naftali Bennett approved the immediate sale of 50 million cubic meters of water to Jordan, to be followed by another 50 million next year, in a step to improve relations with Amman.

Bennett's spokesman said that Jordan might potentially get the same amount of water for the next five years and the Israeli National Security Council would discuss the matter each year separately.

Political sources in Tel Aviv noted that the Biden administration was active in applying pressure on Israel to agree to Jordan’s request, to improve recently-soured relations between the two countries.

Bennett wanted to put an end to the tense bilateral relations, which Netanyahu is accused of sabotaging.

Israel supplies Jordan with about 55 million cubic meters of water annually, according to the peace agreement signed between the two in 1994. However, Jordan's water needs to be increased significantly after the influx of about three million refugees from Iraq and Syria.

Israel increased the quantities of water according to Jordanian demand, and Jordan paid 40 cents per cubic meter, four times the regular price.

However, political relations between the two countries became tense in 2017, following the tensions in East Jerusalem and al-Aqsa Mosque, which Netanyahu used as a tool of pressure.

The former PM refused Jordan's requests for additional water supplies, and earlier this year, tensions heightened after Israel imposed impossible conditions on the Jordanian Crown Prince's visit to Jerusalem, prompting him to cancel the trip.

Jordan responded by delaying an order to allow Netanyahu's plane to pass over Jordanian airspace, on its way to the UAE. Netanyahu was forced to cancel his trip.

Last April, Netanyahu backed down and agreed to provide Jordan with additional water. But the deal was not completed and was transferred to the new Israeli government.

Bennett approved the additional quantities, saying his approval was based on the position of the professional officials in the Israeli Water Authority, who confirmed that the situation in the Sea of ​​Galilee allowed the request to be met.

He explained that Jordan will pay the full price for the water, and that "this kind gesture will not cost the Israeli taxpayer anything."



Libya Signs Exploration and Production Deal for Ghadames Basin with UCC Holding

The headquarters of Libya's National Oil Corporation. Reuters
The headquarters of Libya's National Oil Corporation. Reuters
TT

Libya Signs Exploration and Production Deal for Ghadames Basin with UCC Holding

The headquarters of Libya's National Oil Corporation. Reuters
The headquarters of Libya's National Oil Corporation. Reuters

Libya's National Oil Corporation signed an exploration and production sharing agreement for zone 47 in the Ghadames Basin with ⁠the Libyan Investment ⁠Authority and Qatari-based UCC Holding, Chairman Massoud Suleman ⁠said on Wednesday.

The partnership aims to boost oil output to about 80,000 barrels per day and use associated gas for ⁠power ⁠generation, with the investor funding the project in full.


Alswaha at LEAP East: Saudi Arabia is Global Hub Connecting AI Ecosystem Between East, West

Minister of Communications and Information Technology Abdullah Alswaha. SPA
Minister of Communications and Information Technology Abdullah Alswaha. SPA
TT

Alswaha at LEAP East: Saudi Arabia is Global Hub Connecting AI Ecosystem Between East, West

Minister of Communications and Information Technology Abdullah Alswaha. SPA
Minister of Communications and Information Technology Abdullah Alswaha. SPA

Minister of Communications and Information Technology Abdullah Alswaha affirmed that under the Saudi leadership, the Kingdom is advancing toward building one of the world’s most accessible and AI-ready digital infrastructures, reinforcing its position as a trusted partner in enabling the digital economy and connecting the East and the West.

Speaking at the opening of LEAP East 2026 in Hong Kong, Alswaha noted that LEAP, which was launched in Riyadh five years ago, has evolved into a global technology movement that has generated a multiplier effect not only across the Kingdom and the region but around the world.

He added that LEAP’s expansion to the East reflects the region’s growing importance as a global hub for shaping the future of technology and artificial intelligence.

The minister highlighted that the East today represents a $34 trillion economy, accounting for nearly 30% of global GDP, with a $10 trillion digital economy and a population of 3.7 billion people, representing approximately 46% of the world’s population.

He emphasized that the East offers not only scale but is also building the very foundation of the artificial intelligence age.

He further noted that 82% of the world’s AI patents originate from the East, while the region accounts for 60% of the global semiconductor market and 90% of advanced chip manufacturing, making it a global powerhouse for computing and artificial intelligence.

Alswaha also highlighted Saudi Arabia’s achievements over the past several years, noting that the Kingdom’s digital economy has grown by 75% in the past eight years to reach $139 billion.

The contribution of the non-oil digital economy to GDP has increased to 16%, while the Kingdom’s operational data center capacity has reached 467 MW, representing 47% of the total data center capacity across the Middle East and North Africa.

He emphasized that the empowerment of Saudi women represents one of the Kingdom’s greatest global success stories.

Women’s participation in the ICT workforce has increased from 7% to 35%, surpassing the averages of both the European Union and Silicon Valley, while Saudi women now rank among the world’s leaders in AI participation and empowerment.

On digital infrastructure, Alswaha emphasized that Saudi Arabia is building 6.9 GW of data center capacity by 2034, including 3 GW by 2030, supported by 12.8 GW of available power capacity today.

This positions the Kingdom among the fastest countries globally in providing power for computing and AI infrastructure projects.

The minister stated that Saudi Arabia brings together the three essential pillars for success in the AI era—compute, customers, and capital—adding that leading global companies from the East have already begun investing and expanding in the Kingdom, including ByteDance, Lenovo, and Tencent.


Trump Says he Ordered Cutting Off All Trade with Spain

US President Donald Trump speaks during a meeting with NATO Secretary General Mark Rutte (not pictured) on the sidelines of the NATO summit in Ankara, Türkiye, 08 July 2026. EPA/FILIP SINGER / POOL
US President Donald Trump speaks during a meeting with NATO Secretary General Mark Rutte (not pictured) on the sidelines of the NATO summit in Ankara, Türkiye, 08 July 2026. EPA/FILIP SINGER / POOL
TT

Trump Says he Ordered Cutting Off All Trade with Spain

US President Donald Trump speaks during a meeting with NATO Secretary General Mark Rutte (not pictured) on the sidelines of the NATO summit in Ankara, Türkiye, 08 July 2026. EPA/FILIP SINGER / POOL
US President Donald Trump speaks during a meeting with NATO Secretary General Mark Rutte (not pictured) on the sidelines of the NATO summit in Ankara, Türkiye, 08 July 2026. EPA/FILIP SINGER / POOL

US President Donald Trump said on Wednesday he had ordered his Treasury Secretary ⁠Scott Bessent to cut ⁠off all trade with Spain, ⁠calling Madrid a "terrible partner" in NATO.

Trump was speaking alongside NATO Secretary General Mark Rutte ahead of ⁠an alliance ⁠summit in Ankara.

New figures released by NATO on Tuesday showed that Slovenia, Belgium, Spain and the Czech Republic could be in hot water with the Trump administration as they struggle to meet the alliance’s old target of investing 2% of their GDP.

The Trump administration wants to see a more lean and lethal “NATO 3.0,” with Europe taking responsibility for its own security, including Ukraine, with conventional weapons while America would continue to provide its nuclear umbrella.

However, European allies and Canada are still seeking clarity on just how deeply Trump intends to cut US force numbers in Europe.