Live Update 
From the Liveblog of
Monday, August 31, 2015
From the Liveblog of
Monday, August 31, 2015
Egypt PM calls gas find ‘message from Allah’
Add ToI as a Preferred Source on GoogleEgyptian Prime Minister Ibrahim Mahlab says the discovery of natural gas near the shores of Egypt is a “message from Allah.”
Mahlab is quoted by Israel Radio as saying the discovery can radically change the Egyptian energy market. The Egyptian stock market rose by approximately three percent in all indices following the announcement of an Italian company yesterday that a huge gas field was discovered in the territorial waters of Egypt.
Israel Radio reports that Egyptian media outlets widely discussed the sharp drop in the price of Israeli gas stocks following the Egyptian discovery.
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