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Egyptian banks' foreign currency assets rise to $20bln

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Egypt Banks' foreign currency assets rise to $20bn

Turkey could expand drilling in eastern Mediterranean amid territorial dispute
Tensions flared between Turkey and EU members Greece and Cyprus over energy resources and jurisdiction in the eastern Mediterranean in August
Updated 24 May 2021
May 24, 2021 12:09
ISTANBUL: Turkey may drill more boreholes in its search for gas in the eastern Mediterranean, Energy Minister Fatih Donmez said on Monday, an area where its search and drilling operations led to a standoff with Greece and Cyprus last year.
Turkey has already opened eight boreholes in the region, Donmez said, adding that while there were signs of natural gas, there had been no economically significant discovery. ....

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