Suez Canal Economic Zone signs $2.6bn petchem deal

Egypt expects an 11 percent hike in the revenues from Suez Canal during the first half of 2022. (Shutterstock)
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Updated 22 December 2021
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Suez Canal Economic Zone signs $2.6bn petchem deal

  • The complex aims to export all of this, in line with Egypt’s plan to increase exports of petrochemical products

RIYADH: The Suez Canal Economic Zone has signed a $2.6 billion contract to build an international methanol and ammonia production complex in Ain Sukhna in Egypt, on the western shore of the Red Sea.

The project will be implemented in two phases, with the first ending in 2025 at a cost of about $1.6 billion.  The second, at an estimated cost of $1 billion, will do so over three years. 

The production capacity of the first phase is estimated at 1 million tons of methanol and 400,000 tons of ammonia annually, according to a statement.

The complex aims to export all of this, in line with Egypt’s plan to increase exports of petrochemical products, the head of the economic zone, Yahya Zaki, said.

The complex will provide about 1,200 direct and indirect job opportunities, Zaki added.

Canal revenues

Egypt expects an 11 percent hike in the revenues from the Suez Canal during the first half of 2022, Lt. Gen. Osama Rabie said in a TV interview on Monday.

The chairman and the managing director of the Suez Canal Authority said he expects a commercial boom in the coming period with demand for the channel growing by 11 percent during the next six months.

Rabie said the canal’s revenues during 2021 until the first half of December reached $6 billion, a 13 percent increase as compared with the previous year.


Ithra showcases Arab creatives at Milan Design Week 

Updated 6 min 21 sec ago
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Ithra showcases Arab creatives at Milan Design Week 

  • The Dhahran-based cultural center took part in the prestigious Italian fair last month 

DUBAI: The King Abdulaziz Center for World Culture (Ithra) participated in Milan Design Week between Apr. 16 and 21. It was the second time Ithra has taken part in the annual event — a significant entry in Italy’s cultural calendar. 

Ithra was founded with the goal of developing Saudi creative talent. Noura Alzamil, the center’s head of programs, has seen its influence mushroom since the beginning and continues to be in awe of her country’s rapidly developing art scene.  

“Practicing it and seeing it every day around you and reading about it in articles and seeing that interaction and conversation on a national level, is really heartwarming,” she says. 

Lameice Abu Aker's work on show at Milan Design Week. (Supplied)

“We’ve been active for the past 13 years, in collaboration with the Ministry of Culture, doing a lot of enriching programs, activations, bringing in new content and experimenting with our community and exposing them to arts, museums theatre, films,” Alzamil adds. “To me, investing in Saudi minds helps them excel in the future. I believe heavily in taking care of young talents, supporting professionals and having a global conversation.” 

Ithra also houses what it bills as the region’s first ‘Material Library,’ displaying a variety of raw design materials. “Artists are all about experimentation,” Alzamil says. “The Material Library hosts hundreds of different materials that designers can come and play with.”  

A cornerstone of Ithra’s programming is Tanween, a four-day conference that showcases creative designs from university students and emerging creatives from the region. The products from the conference are then exhibited in public events, such as Milan Design Week.  

Joe Bou Abboud's work on display in Milan. (Supplied)

“To me, and to Ithra, it’s really important to showcase our efforts and Saudi and Arab designers in such festivals. Being presented among our peers there is something that we really care about,” says Alzamil. This year, Ithra presented an exhibition of items created by MENA artists in a wide range of mediums in Milan — the first time the center has presented a full show there.  

Entitled “From Routes to Roots” and presented in collaboration with Isola (a Milan-based digital platform), the show included glasswork, clay, rugs and lighting. One of the key ideas of the exhibition was to demonstrate how creatives are preserving heritage and the Earth through circular design, which helps to eliminate waste from production.  

“They used a lot of integrating bio materials, natural resources, household and industrial waste to come up with these innovative designs and objects that showcase and support sustainability,” Alzamil says. 

 Part of the 'Routes to Roots' exhibition at Milan Design Week. (Supplied)

Participating creatives hailing from the Levant, North Africa and the Gulf included Marwa Samy Studio, Ornamental by Lameice, Joe Bou Abboud, T Sakhi Studio, Bachir Mohamad, Studio Bazazo, and Mina Abouzahra.  

“The exhibition draws inspiration and expertise from ancestral culture pairing it with cutting-edge craftsmanship, in a demonstration of how emerging talents can breathe fresh life into the design landscape, bridging the gap between tradition and innovation,” according to a press release. 

Lebanese designer Bou Abboud presented a triad of round lighting fixtures that he says pay tribute to old Qatari jewelry, particularly long necklaces.  

One of the more delicate pieces on view came courtesy of Jerusalem-based Palestinian designer Lameice Abu Aker. Her light-toned vases, jugs and drinking glasses are fluid and bubbly. She showcased a molecular-looking, violet vase called “Chemistry!” On Instagram, Abu Aker’s brand posted that the piece is “the perfect fusion of art and science, crafted with precision and care by our skilled artisans. Mouth-blown, every curve and line reflects the magic of the chemical reactions that inspired its name.”  

Hanging textiles were also noticeably dominant in Ithra’s display. For instance, Doha-based artists Bachir Mohamad and Ahmad Al-Emadi collaborated on geometrical, symbol-heavy, blue-and-white rugs that are an homage to traditional Gulf Sadu weaving, historically practiced by Bedouins.  

“It was really exciting,” Alzamil says of the show. “The team received a lot of visitors and different players in the field. . . It’s bridging the gaps between Saudi and international communities.” 


London’s Arab Film Club launches podcast focusing on Palestine 

Updated 14 min 42 sec ago
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London’s Arab Film Club launches podcast focusing on Palestine 

DUBAI: The Arab Film Club, a monthly gathering in London celebrating Arab cinema, launched a podcast on May 1.  

Spearheaded by the club’s founder, Sarah Agha, an Irish Palestinian actress and writer, the inaugural five-episode season of the interview-based podcast will focus on Palestinian filmmakers and cinema’s role in cultural resistance. 

The debut episode features Darin J. Sallam, director of “Farha,” Jordan’s Oscars entry in 2022. In other episodes, Agha interviews Lina Soualem, (“Bye Bye Tiberias”), Ameen Nayfeh (“200 Metres”) Annemarie Jacir (“Wajib”) and Farah Nabulsi (“The Teacher”). 

Sarah Agha is an Irish Palestinian actress and writer. (Supplied)

Agha told Arab News, “It is so urgent right now to do anything and everything we can to keep talking about Palestine. So I thought, ‘Why not do some interviews with some of my favorite Palestinian directors and put them online so everyone can listen to them?” 

Reflecting on Sallam’s episode, Agha highlighted the transformative potential of cinema. “She is linking educational talks with her film, and I do believe her film is like a tool of change,” the presenter said. 

Agha said she found Soualem’s documentary particularly intriguing, due to its departure from the scripted films typically showcased at the Arab Film Club.  

“The Teacher” by Farah Nabulsi. (Supplied)

“I wanted to make an exception for Soualem’s film because it’s another portrayal of the Nakba, but in very different terrains — like, totally different,” she explained. “My father is from Tiberias, so I was also attracted to it for that reason.” 

Agha believes her podcast is launching at a time when Palestinians are being censored in the arts. 

“200 Metres” by Ameen Nayfeh. (Supplied)

“There’s been a lot of cancellations of events to do with Palestine and Palestinian narratives,” she said. “So I think the best thing that we can do is not succumb to hopelessness. The fact that they’re trying to silence voices means those voices are significant. You don’t silence something that’s irrelevant. For example, the fact that the Israeli government tried to pressure Netflix into removing Darin’s film shows that it’s important.”  

Agha hopes the podcast will appeal to a diverse audience, including non-Arabs.  

“That, for me, is a really big thing. If we just talk to ourselves all the time, we won’t really get any further with reaching a wider audience,” she said.  


Hamas sending delegation to Egypt for further ceasefire talks in latest sign of progress

Updated 31 min 39 sec ago
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Hamas sending delegation to Egypt for further ceasefire talks in latest sign of progress

  • After months of stop-and-start negotiations, the ceasefire efforts appear to have reached a critical stage
  • Question remains whether Israel will accept end to war without reaching its stated goal of destroying Hamas

BEIRUT: Hamas said Thursday that it was sending a delegation to Egypt for further ceasefire talks, in a new sign of progress in attempts by international mediators to hammer out an agreement between Israel and the militant group to end the war in Gaza.

After months of stop-and-start negotiations, the ceasefire efforts appear to have reached a critical stage, with Egyptian and American mediators reporting signs of compromise in recent days. But chances for the deal remain entangled with the key question of whether Israel will accept an end to the war without reaching its stated goal of destroying Hamas.
The stakes in the ceasefire negotiations were made clear in a new UN report that said if the Israel-Hamas war stops today, it will still take until 2040 to rebuild all the homes that have been destroyed by nearly seven months of Israeli bombardment and ground offensives in Gaza. It warned that the impact of the damage to the economy will set back development for generations and will only get worse with every month fighting continues.
The proposal that US and Egyptian mediators have put to Hamas -– apparently with Israel’s acceptance — sets out a three-stage process that would bring an immediate six-week ceasefire and partial release of Israeli hostages, but also negotiations over a “permanent calm” that includes some sort of Israeli withdrawal from Gaza, according to an Egyptian official. Hamas is seeking guarantees for a full Israeli withdrawal and complete end to the war.
Hamas officials have sent mixed signals about the proposal in recent days. But on Thursday, its supreme leader, Ismail Haniyeh, said in a statement that he had spoken to Egypt’s intelligence chief and “stressed the positive spirit of the movement in studying the ceasefire proposal.”
The statement said that Hamas negotiators would travel to Cairo “to complete the ongoing discussions with the aim of working forward for an agreement.” Haniyeh said he had also spoken to the prime minister of Qatar, another key mediator in the process.
The brokers are hopeful that the deal will bring an end to a conflict that has killed more than 34,000 Palestinians, according to local health officials, caused widespread destruction and plunged the territory into a humanitarian crisis. They also hope a deal will avert an Israeli attack on Rafah, where more than half of Gaza’s 2.3 million people have sought shelter after fleeing battle zones elsewhere in the territory.
If Israel does agree to end the war in return for a full hostage release, it would be a major turnaround. Since Hamas’ Oct. 7 attack stunned Israel, its leaders have vowed not to stop their bombardment and ground offensives until the militant group is destroyed. They also say Israel must keep a military presence in Gaza and security control after the war to ensure Hamas doesn’t rebuild.
Publicly at least, Israeli Prime Minister Benjamin Netanyahu continues to insist that is the only acceptable endgame.
He has vowed that even if a ceasefire is reached, Israel will eventually attack Rafah, which he says is Hamas’ last stronghold in Gaza. He repeated his determination to do so in talks Wednesday with US Secretary of State Antony Blinken, who was in Israel on a regional tour to push the deal through.
The agreement’s immediate fate hinges on whether Hamas will accept uncertainty over the final phases to bring the initial six-week pause in fighting — and at least postpone what it is feared would be a devastating assault on Rafah.
Egypt has been privately assuring Hamas that the deal will mean a total end to the war. But the Egyptian official said Hamas says the text’s language is too vague and wants it to specify a complete Israeli pullout from all of Gaza. The official spoke on condition of anonymity to talk about the internal deliberations.
On Wednesday evening, however, the news looked less positive as Osama Hamdan, a top Hamas official, expressed skepticism, saying the group’s initial position was “negative.” Speaking to Hezbollah’s Al-Manar TV, he said that talks were still ongoing but would stop if Israel invades Rafah.
Blinken hiked up pressure on Hamas to accept, saying Israel had made “very important” compromises.
“There’s no time for further haggling. The deal is there,” Blinken said Wednesday before leaving for the US
An Israeli airstrike, meanwhile, killed at least five people, including a child, in Deir Al-Balah in central Gaza. The bodies were seen and counted by Associated Press journalists at a hospital.
The war broke out on Oct. 7. when Hamas militants broke into southern Israel and killed over 1,200 people, mostly Israelis, taking around 250 others hostage, some released during a ceasefire on November.
The Israel-Hamas war was sparked by the Oct. 7 raid into southern Israel in which militants killed around 1,200 people, mostly civilians, and abducted around 250 hostages. Hamas is believed to still hold around 100 hostages and the remains of more than 30 others.
Since then, Israel’s campaign in Gaza has wreaked vast destruction and brought a humanitarian disaster, with several hundred thousand Palestinians in northern Gaza facing imminent famine, according to the UN More than 80 percent of the population has been driven from their homes.
The “productive basis of the economy has been destroyed” and poverty is rising sharply among Palestinians, according to the report released Thursday by the United Nations Development Program and the Economic and Social Commission for Western Asia.
It said that in 2024, the entire Palestinian economy — including both Gaza and the West Bank -– has so far contracted 25.8 percent. If the war continues, the loss will reach a “staggering” 29 percent by July, it said. The West Bank economy has been hit by Israel’s decision to cancel the work permits for tens of thousands of laborers who depended on jobs inside Israel.
“These new figures warn that the suffering in Gaza will not end when the war does,” UNDP administrator Achim Steiner said. He warned of a “serious development crisis that jeopardizes the future of generations to come.”


At least 20 killed as bus plunges into gorge in northern Pakistan

Updated 44 min 48 sec ago
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At least 20 killed as bus plunges into gorge in northern Pakistan

  • The bus, which carried 42 passengers, was en route to Rawalpindi from Hunza
  • Road accidents are common in Pakistan, where traffic rules are rarely followed

KHAPLU, GILGIT-BALTISTAN: At least 20 people were killed and over a dozen others were injured after a bus plunged into a gorge in Pakistan’s northern Gilgit-Baltistan (GB) region, officials said on Friday.
The passenger bus was en route to the garrison city of Rawalpindi from Hunza when it plunged into a 300-meter-deep ravine near the Gunar Farm area in GB’s Diamer district, according to Sardar Sheheryar Khan, senior superintendent of police (SSP).
Rescue 1122, police and paramilitary Frontier Constabulary and GB Scouts immediately reached the site and shifted all bodies and injured persons to the Regional Headquarters Hospital in Chilas.
“Soon after the accident, announcements were made from loudspeakers of mosques and local people rushed to the site and joined hands with the administration for the rescue,” Khan told Arab News.
“Dozens of locals are at the hospital for blood donation. Emergency has been imposed at the hospital and all doctors and paramedical staff are busy treating the injured.”
The driver lost control of the bus, which carried 42 passengers, while navigating a curve and it fell into the ravine, according to officials.
“Among the five critically injured, two were shifted to Gilgit via road and three others will be airlifted by army helicopter soon,” Fiaz Ahmad, the Diamer deputy commissioner told reporters.
“Best treatment was being given to injured,” he added.
Prime Minister Shehbaz Sharif expressed regret over the loss of precious lives in the accident. “The prime minister issued directives to provide all possible medical aid to the injured,” Sharif’s office said in a statement.
Interior Minister Mohsin Naqvi extended his condolences to the families of the deceased. “We equally share the sorrow of the bereaved families in this hour of grief,” he said in a statement.
Road accidents are common in Pakistan, where traffic rules are rarely followed and roads, particularly in many rural areas, are in poor condition. In the mountainous Gilgit-Baltistan region, road tragedies are daily news.
In July 2023 alone, at least 41 people, including tourists, were killed in road mishaps across the region, according to rescue officials. In 2022, at least 77 people died and 467 were wounded in accidents in GB.


UK’s Labour claim big early win over PM Sunak’s Conservatives

Updated 59 min 42 sec ago
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UK’s Labour claim big early win over PM Sunak’s Conservatives

  • Voters cast their ballots on Thursday for more than 2,000 seats on local authorities across England
  • Blackpool South was the only parliamentary seat up for grabs after the incumbent, elected in 2019 as a Conservative candidate, quit over a lobbying scandal

LONDON: Britain’s opposition Labour Party won a parliamentary seat in northern England on Friday, inflicting a heavy loss on the governing Conservatives at the start of what could be a bruising set of results for Prime Minister Rishi Sunak.
The thumping victory set the tone for what will be a closely watched two days of results ahead of a full national election this year, which polling shows could put Labour Leader Keir Starmer in power and end 14 years of Conservative government.
Voters cast their ballots on Thursday for more than 2,000 seats on local authorities across England and a handful of high-profile mayoral elections, including in the capital, London.
Blackpool South was the only parliamentary seat up for grabs after the incumbent, elected in 2019 as a Conservative candidate, quit over a lobbying scandal.
Labour candidate Chris Webb won the Blackpool election with 10,825 votes. The Conservative candidate came in second with 3,218.
The defeat in Blackpool and early signs of losses at the council level will boost Labour’s hopes for a sweeping victory over Sunak’s Conservatives in the national election.
“This seismic win in Blackpool South is the most important result today,” Starmer said.
“This is the one contest where voters had the chance to send a message to Rishi Sunak’s Conservatives directly, and that message is an overwhelming vote for change.”
Sunak’s Conservatives are about 20 percentage points behind Labour in most opinion polls for a national election, which Sunak intends to call in the second half of the year.
The first 500 of the more than 2,600 local council results showed Labour making gains at the expense of the Conservatives — in line with finance minister Jeremy Hunt’s pre-vote prediction of significant losses for the governing party.
Although local elections do not always reflect how people will vote in a national contest, a heavy defeat could trigger fresh anger in the Conservative Party over Sunak’s leadership and the prospect of losing power.
The extent of that unrest could hinge on the results of two mayoral elections in which the Conservatives hope to show they can still hold ground in central and northeast England.
The Tees Valley mayoral result is due on Friday, while the West Midlands mayor is to be announced on Saturday. The result in London, where current Labour mayor Sadiq Khan is expected to win another term is also due on Saturday.