River Navigation Resumes Between Egypt, Sudan

A boat transports people along the river Nile in Cairo, Egypt July 2, 2019. REUTERS/Mohamed Abd El Ghany
A boat transports people along the river Nile in Cairo, Egypt July 2, 2019. REUTERS/Mohamed Abd El Ghany
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River Navigation Resumes Between Egypt, Sudan

A boat transports people along the river Nile in Cairo, Egypt July 2, 2019. REUTERS/Mohamed Abd El Ghany
A boat transports people along the river Nile in Cairo, Egypt July 2, 2019. REUTERS/Mohamed Abd El Ghany

Sudan’s Wadi Halfa River Port, which borders Egypt, started receiving Egyptian imports on Wednesday through units and river barges transported between the Port and Aswan High Dam.

This comes after a four-month suspension due to the precautionary measures taken by the Sudanese government which closed the crossings and borders to limit the spread of the new coronavirus.

The port received a number of Egyptian imports through the vessels and units that belong to the Egyptian-Sudanese Nile Valley Authority for River Navigation.

The Sudanese government announced in mid-June the resumption of trade exchange with Egypt through Ashkeet border crossing, after nearly a three-month standstill.

Head of the Authority’s office in Wadi Halfa Mahmoud Abd El Motaal said about 2,000 tons of cement have arrived during the past two weeks from the High Dam to Halfa, expecting further 1,500 tons of urea fertilizer to arrive soon through Wadi Halfa port.

The Nile Valley Authority for River Navigation is an Egyptian-Sudanese organization that transports passengers as well as goods. It was established in 1975 as the only international transporter in Nasser Lake.

The volume of trade exchange between Sudan and Egypt is estimated at one billion dollars annually, and Egyptian investments in Sudan are estimated at $10.1 billion.

The two African countries have been planning to construct roads and railways to facilitate trade and transport through joint border crossings, in line with their attempts to double the volume of trade between them to reach $1.5 billion.



Saudi Smart Grid Conference 2025 Kicks Off in Riyadh on Monday

Saudi Smart Grid Conference 2025 Kicks Off in Riyadh on Monday
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Saudi Smart Grid Conference 2025 Kicks Off in Riyadh on Monday

Saudi Smart Grid Conference 2025 Kicks Off in Riyadh on Monday

The 13th Saudi Smart Grid Conference (SASG 2025) is set to kick off in Riyadh from December 15 to 17 under the theme "Innovation Today for a Sustainable Tomorrow."

Held under the patronage of the Ministry of Energy, the conference brings together experts from 25 countries and features 28 panel discussions and technical sessions presenting 225 scientific papers on global advancements in smart grid systems.

The ministry's patronage underscores its continued support for energy-sector development and knowledge exchange, as Saudi Arabia's electricity industry undergoes a major transformation under Saudi Vision 2030, driven by initiatives to diversify power generation sources, strengthen grid reliability and efficiency, and optimize the electricity generation mix, the Saudi Press Agency reported on Saturday.

The three-day conference provides a global platform for sharing expertise and forging partnerships in smart grids and the digital economy, it said.

The conference brings together international experts, decision-makers, and researchers to examine major transformations in the electricity sector, including the role of innovation in improving operational efficiency, advancing sustainability, and enabling digitalization across the power ecosystem.

Discussions will address key challenges and opportunities across the power sector, renewable energy, regulation, and the future of smart grids, with emphasis on technology localization, capacity building, and technical partnerships to strengthen smart infrastructure and support a sustainable, efficient, investment-friendly, and innovation-enabling energy ecosystem.

The conference will also explore the integration of renewable energy sources, the latest developments in electricity storage solutions and smart load-management systems, as well as the role of cybersecurity in protecting energy infrastructure and strengthening system reliability, SPA added.


Trump Reportedly Unsure Whether Impact of Economic Policies Will be Felt in Time for Midterms

US President Donald Trump makes a statement to reporters as he heads into the White House after landing on the South Lawn in Marine One in Washington, DC, USA, 13 December 2025. EPA/Samuel Corum / POOL
US President Donald Trump makes a statement to reporters as he heads into the White House after landing on the South Lawn in Marine One in Washington, DC, USA, 13 December 2025. EPA/Samuel Corum / POOL
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Trump Reportedly Unsure Whether Impact of Economic Policies Will be Felt in Time for Midterms

US President Donald Trump makes a statement to reporters as he heads into the White House after landing on the South Lawn in Marine One in Washington, DC, USA, 13 December 2025. EPA/Samuel Corum / POOL
US President Donald Trump makes a statement to reporters as he heads into the White House after landing on the South Lawn in Marine One in Washington, DC, USA, 13 December 2025. EPA/Samuel Corum / POOL

US Donald President Trump expressed uncertainty about whether Republicans would keep control of the House of Representatives in next year's midterm elections because some of his economic policies have yet to take full effect, the Wall Street Journal reported on Saturday.

Trump, in an interview conducted on Friday, told the Journal, "I can’t tell you. I don’t know when all of this money is going to kick in," when asked about the whether Republicans would lose the House in November.

The White House did not immediately respond to Reuters' request for comment.

The president has argued that his economic policies, including his imposition of widespread tariffs on imports, are creating jobs, boosting the stock market and attracting increased investment into the United States.

After campaigning last year on promises to tame inflation, Trump has in recent weeks alternated between dismissing affordability problems as a hoax, blaming President Joe Biden for them, and promising his economic policies will benefit Americans next year.

"I think by the time we have to talk about the election, which is in another few months, I think our prices are in good shape," Trump said in the interview.

Last month the president rolled back tariffs on more than 200 food products in the face of growing angst among American consumers about the high cost of groceries.

The president did not say whether he would lower tariffs on additional goods, the Journal reported.

Trump's overall approval rating edged up to 41% in a new Reuters/Ipsos poll but the approval rating on his performance on the cost of living was just 31%.

Democrats have won a string of victories in state and local elections in Virginia, New Jersey and New York City, where growing voter concerns about affordability, including high food prices, were a key topic.

Officials have said Trump will hit the road in the new year to campaign for Republican candidates and emphasize his economic policy successes. Trump has said his tax cuts and tariffs on foreign goods will put more money in the pockets of American families.


China to Boost Exports, Imports in 2026, Seeking ‘Sustainable’ Trade, Official Says

A woman walks in Ritan park one day after a heavy snowfall in Beijing on December 13, 2025. (AFP)
A woman walks in Ritan park one day after a heavy snowfall in Beijing on December 13, 2025. (AFP)
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China to Boost Exports, Imports in 2026, Seeking ‘Sustainable’ Trade, Official Says

A woman walks in Ritan park one day after a heavy snowfall in Beijing on December 13, 2025. (AFP)
A woman walks in Ritan park one day after a heavy snowfall in Beijing on December 13, 2025. (AFP)

China plans to expand exports and imports next year as part of efforts to promote "sustainable" trade, a senior economic official said on Saturday, state broadcaster CCTV reported.

The trillion-dollar trade surplus posted by the world's second-largest economy is stirring tensions with Beijing's trade partners and drawing criticism from the International Monetary Fund and other observers who say its production-focused economic growth model is unsustainable.

"We must adhere to opening up, promote win-win cooperation across multiple sectors, expand exports while also increasing imports to drive sustainable development of foreign trade," Han Wenxiu, deputy director of the Central Financial and Economic Affairs Commission, told an economic conference.

China will encourage service exports in 2026, Han said, pledging measures to boost household incomes, raise basic pensions and remove "unreasonable" restrictions in the consumption sector.

He restated the government's call to rein in deflationary price wars, dubbed "involution", where firms engage in excessive, low-return rivalry that erodes profits.

The IMF this week urged Beijing to make the "brave choice" to curb exports and boost consumer demand.

"China is simply too big to generate much (more) growth from exports, and continuing to depend on export-led growth risks furthering global trade tensions," IMF Managing Director Kristalina Georgieva told a press conference on Wednesday.

Economists warn that the entrenched imbalance between production and consumption in the Chinese economy threatens its long-term growth for the sake of maintaining a high short-term pace.

Chinese leaders promised on Thursday to keep a "proactive" fiscal policy next year to spur both consumption and investment, with analysts expecting Beijing to target growth of around 5%.