Tag Archives: middle east

The Saudi prince has a $500 billion plan for a floating desert Silicon Valley, powered by robots and as big as Belgium

Saudi Crown Prince Mohammed bin Salman has a big plan for the country’s economic future. In April, Mohammed bin Salman will hold a meeting in New York to try to woo Wall Street to fund Neom, a gigantic $500 billion floating Silicon Valley in the desert. The high-tech hub would …

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World Bank official says war-driven oil price hikes will reduce growth of major importers

The Russian-Ukrainian crisis is expected to inflict further setbacks on growth in emerging markets which are already slow to recover from the COVID-19 pandemic WASHINGTON, United States — Persistently high oil prices sparked by Russia’s invasion of Ukraine could shave one percentage point off the growth of major oil-importing developing …

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Turkey’s presence in northern Syria – Kashmir Reader

Turkey has retained a military presence in northern Syria, having launched its first border operation in 2016. It was in August 2016 when Turkey first launched Operation Euphrates Shield to combat Islamic State near the Turkish border and prevent the Syrian Democratic Forces (SDF) from advancing further west.Turkey completed the …

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Turkey’s policy shifts could see defense sector grow with Gulf rivals

ANKARA, Turkey — Turkey is reversing policy with its Gulf rivals in the hope that local defense firms can return to lucrative Saudi and Emirati markets. Deep political differences have plagued Turkish relations with Saudi Arabia and the United Arab Emirates in recent years, including divisive policies regarding the civil …

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Coworking Spaces Market Growth USD 50150 Million by 2022-2028

Absolute Reports Pvt Ltd WeWork, Mix Pace, Krspace, Regus, Your Alley, Techspace Pune, 21 Feb. 2022 (GLOBE NEWSWIRE) — World Coworking space market The research report provides an overview of the global business analysis with key players operating in the industry and the future competitive scenario. The Coworking Space Market …

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UN experts found that Turkish Bayraktar drones in Libya were easily destroyed

Abdullah Bozkurt/Stockholm Bayraktar armed drones made by a Turkish defense contractor performed poorly on the ground and were an easy target for ground fire, UN investigators concluded last year. According to a report submitted to the UN Security Council by the Group of Experts on Libya on March 8, 2021, …

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Turkey could become the next narco-state in the Middle East

The assassination of Turkish Cypriot casino magnate Halil Falyali last week was the latest installment in Turkey’s underground wars against drug trafficking and illicit finance. Turkish mobster turned whistleblower Sedat Peker accused Falyali last year of being a key player in cocaine trafficking and colluding with Erkan Yildirim, the son …

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Agriculture and industry take center stage as Gulf allocates $8 billion in funds to Turkey

Huge Gulf funds are considering possible investment opportunities in Turkey, from agriculture to tourism and industry. The funds, including those from Qatar, the United Arab Emirates (UAE), Bahrain and Saudi Arabia, plan to invest around $8 billion (TL 109.07 billion) in the country this year. President Recep Tayyip Erdoğan’s latest …

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2021 REVENUES AMOUNTED TO €922.4 M

Thusday February 10, 2022 2021 TURNOVER TOTALS €922.4m Revenue up when comparing like for like Record net cash at €108.3m Confirmation of a significant drop in current operating income for 2021 AKWEL (FR0000053027, AKW, PEA eligible), an automotive and heavy goods vehicle equipment and system manufacturer specializing in fluid management …

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Real estate construction market 2022-2030, by main key company profiles – McDonald Development Co., Wood Partners, AvalonBay, Panattoni Development Co., SITE Centers, Trammell Crow Company

The Real Estate Construction Market report is a perfect basis for people who are looking for in-depth study and analysis of the Real Estate Construction Market. This report contains study and miscellaneous information which will help you to understand your niche and focus major market channels in the regional and …

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Ghana’s real estate sector gets a boost…as Vaal Real Estate set to launch new residential project

Vaal Real Estates is set to launch its new residential project, Harmonia Residence, in Ghana. The project, located in the residential area of ​​Accra Airport, is part of an expansion plan which will see Vaal Real Estate develop another project in the second quarter of 2022. The launch, which will …

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Missionary Diary: Believing the Impossible in Turkey

Leanne* lives in Turkey, where she works for a missionary organization serving Syrian refugees. She has lived in other Muslim countries in the Middle East before and speaks Arabic and Turkish. We sat around a long table on New Years Eve 2021. One by one we shared something we had …

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UAE cracks down on funding banned weapons to avoid dirty money list – Middle East Monitor

The United Arab Emirates said on Wednesday it was assessing the risks of funds for banned weapons being funneled through the regional shopping and mall, as part of its effort to avoid creating a money watch list dirty before an exam in March, Reuters reports. The UAE and the Financial …

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EMEA Daily: Google receives backlash over cookies

In today’s major news from Europe, the Middle East and Africa, most EU websites verified by a consumer protection agency cast doubt on the reliability of reviews, and a group of German publishers calls on the EU to stop Google’s plan to end the use of third-party cookies. . Additionally, …

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HSBC-supported sustainability-themed accelerator program in the UAE launches its fourth edition

The C3 Impact Accelerator program, a social enterprise based in the United Arab Emirates supporting entrepreneurs from the Middle East, Africa and Turkey and backed by Europe’s second largest bank HSBC, has announced the launch of its fourth edition which targets those who contribute to at least one of the …

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Oil hits new seven-year high on demand resurgence outlook

(Bloomberg) — Oil rose to its highest level since October 2014 as the International Energy Agency said the market appeared to be tighter than previously thought, with demand resisting the omicron. Bloomberg’s Most Read New York futures closed 1.8% higher on Wednesday, with the IEA saying in a report that …

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Rain Raises $110M in Series B Funding Co-Led by Paradigm and Kleiner Perkins

Rain Raises $110M in Series B Funding Co-Led by Paradigm and Kleiner Perkins News • January 18, 2022 Edit Bahrain-based cryptocurrency exchange Rain has raised $110 million in its Series B funding round co-led by Paradigm and Kleiner Perkins with participation from Coinbase Ventures, Global Founders Capital, MEVP , Cadenza …

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Dubai DET and HSBC sign Memorandum of Understanding to underscore dDubai’s position as a global livability hub

DUBAI, United Arab Emirates: Dubai’s Department of Economy and Tourism (DET) and HSBC Bank Middle East have signed a Memorandum of Understanding (MoU), paving the way for increased cooperation to further strengthen Dubai’s position as a global quality of life destination. The MoU was signed by Issam Kazim, Managing Director …

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The inflation rate in the United States is likely to rise again: Eco Week

Breadcrumb Links PMN company Author of the article: Bloomberg News Vince Golle Release date : Jan 09, 2022 • 32 minutes ago • 5 minutes to read • Join the conversation Content of the article (Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe …

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Hot Air Heaters Market Forecast to 2028

The global combustion air heater market is expected to grow from US $ 491.73 million in 2021 to US $ 692.24 million by 2028; it is estimated to increase at a CAGR of 5.0% from 2021 to 2028. Governments of various economies are taking several measures to attract private investment …

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Global Residential Land Planning and Development Market

New York, December 30, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Residential Land Planning And Development Global Market Report 2022” – https://www.reportlinker.com/p06193656/?utm_source= GNW $ 85 billion in 2021 to $ 130.44 billion in 2022 at a compound annual growth rate (CAGR) of 12.6%. The growth is …

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Lively bars, booming business: Dubai is experiencing a post-vax boom

DUBAI, United Arab Emirates – Nations around the world are rushing into lockdown, bracing for a brutal push as the omicron variant spreads like wildfire. But in Dubai, Donna Sese is bracing for a very different surge: countless restaurant reservations and meter-long drink bills. “We’re back and busy as before,” …

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Exclusive: US Worried Over Turkey’s Drone Sales to Conflict-Affected Ethiopia | News

By Jonathan Spicer, Giulia Paravicini and Orhan Coskun ISTANBUL / ADDIS-ABEBA (Reuters) – US officials have challenged Turkey over its sales of armed drones to Ethiopia, where two sources familiar with the matter said there was growing evidence the government had used these weapons against rebel fighters. Washington has “deep …

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Takeaways from President Buhari’s epic visit to Turkey, by Garba Shehu

The President’s visit to Turkey from December 16 to 19 was aimed at participating in the 3rd Turkey-Africa Partnership Summit, with an attractive theme: “Strengthened Partnership for Common Development and Prosperity”. Our national strategy was laid out before we left, based on a strong optimism that the summit will work …

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Emirates news agency – UAE Minister of State for Financial Affairs meets IFC Managing Director

Wed 15-12-2021 17:15 PM DUBAI, December 15, 2021 (WAM) – Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, today met Makhtar Diop, Managing Director of the International Finance Corporation (IFC) and his accompanying delegation. The meeting, held on the sidelines of Expo 2020 Dubai, aimed to discuss …

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Turkey and Arab world prefer cooperation over conflict

A changing geopolitical landscape has seen Ankara and its former Gulf rivals rethink their policies towards each other. Relations between Turkey and the Arab world are experiencing a major thaw after years of strained relations – a rapid rapprochement that has occurred in the space of a year. Following attempts …

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Migrants, finance, gas … are now weapons in our hyperlinked world | Marc Leonard

Sometimes a gas bill isn’t just a demand for payment – it’s a secret weapon. And as millions of British voters see their bills skyrocket this spring, they will find themselves in his sights. Recently, three other energy sources went bankrupt – Bulb, Orbit Energy, Entice Energy – bringing the …

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Ankara’s New Economic Course: The Economics of Production

Recently, the economy has been at the top of Turkey’s political agenda. Despite the achievements of the ruling Justice and Development Party (AKP) in solving Turkey’s infrastructure problems, the government has been particularly criticized due to the exchange rate hike. This persistent problem of Turkey’s finances can only be solved …

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MBZ visit to Turkey indicates Middle East reshuffle

Following the historic visit of Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed Al Nahyan (MBZ) to Turkey, many observers have started discussing the future of Turkey-Gulf relations. The visit was the first of its kind since the eruption of Arab insurgencies and revolutions in 2011. The visit, during which …

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How ICBC Turkey Thrives as an International Bank and Facilitates Strengthening Sino-Turkish Ties

Through Gao Xiangyang, Chairman of the Board, ICBC Turkey AAugust 4, 2021 marked the 50e anniversary of the establishment of formal diplomatic relations between China and Turkey, thus underscoring the lasting strength of relations between the two countries. Spanning across Southeast Europe and Western Asia, Turkey has long been a …

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Polish forces secure border and towns on Independence Day

WARSAW – Polish security forces were tasked Thursday with securing the country’s eastern border amid a migration struggle with Belarus while protecting the capital and other towns during independence day marches organized by groups extreme right wingers who have turned violent in the past. Poland has opposed since the summer …

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ESG Sukuk: A Next Step in the Evolution of the Global Sukuk Market | Akin Gump Strauss Hauer & Feld LLP

In recent years, the relevance and growth of environmental, social and governance (ESG) principles in investing have gained the attention of the global business community. As Sharia-compliant investments also continue to grow, there are important synergies between Sharia principles and ESG principles. The markets have witnessed the development of innovative …

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Real Estate and Property Management Software Market Report 2021 Market SWOT Analysis, Key Metrics, Forecast 2027: Accruent (Lucernex) – EcoChunk

MRI Precision Reports designed – ‘Global Real Estate and Property Management Software Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027‘study the Real estate and property management software market performance, covering an in-depth analysis of the current market state as well as the competitive landscape, worldwide. The report assesses …

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Erdogan’s false claim that Turkey is “incomparably free”

On September 26, Turkish President Recep Tayyip Erdogan gave an interview to CBS’s “Face the Nation” show. Among other things, Erdogan discussed his relationship with the administration of US President Joe Biden, Turkey’s influence in the Middle East, and the state of freedoms in his country. Interviewer Margaret Brennan asked …

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Putin and Erdogan: situational enemies

Russian President Vladimir Putin (right) eliminates Turkish President Recep Tayyip Erdogan after their meeting at the Russian Presidency’s official residence in Sochi, Russia, September 29, 2021. / Getty Russian President Vladimir Putin (right) eliminates Turkish President Recep Tayyip Erdogan after their meeting at the Russian Presidency’s official residence in Sochi, …

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Turkey creates a new Ottoman Empire

UNITED NATIONS (PA) – The foreign minister of the divided island of Cyprus accuses the Turkish president of trying to promote a new Ottoman empire in the Eastern Mediterranean and the Middle East – and says that such an approach to the geopolitics could have a negative impact on regional …

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Turkish president refuses to acquire Russian missile defense system, despite potential risk to the United States

Turkish President Recep Tayyip Erdoğan said in an exclusive interview with CBS News this week that his government intends to challenge the United States and move forward with the purchase of another anti-defense system. -Russian-made anti-aircraft missile, despite repeated warnings that it endangers the security of the NATO alliance. Erdogan …

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The alcoholic beverages market in Turkey is showing impressive growth thanks to major key players such as TürkTuborgBira ve Malt Sanayii AS, Mey Icki, Elda İçecek

An alcoholic beverage is simply any beverage containing ethanol / ethyl alcohol. Beer, wine, and spirits all begin with a process called fermentation, which is the natural result of the yeasts digestion of sugars in ingredients like fruits, grains, or other starches. Fermentation produces two substances: ethanol and carbon dioxide. …

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An expert’s eye on trade finance market trends by 2027 | Business development strategies by key players

To exchange PORTLAND, OREGON, USA, September 13, 2021 /EINPresswire.com/ – Allied Market Research has released a latest report titled “Trade Finance Market by Product Type (Supply Chain Finance and Export Finance and agencies), service providers (banks), Trade Finance Houses and others) and end users (exporters, importers and traders): Global opportunity …

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Iraq sees new regional role and seeks help to rebuild

(Bloomberg) – Iraq on Saturday sought to find additional support for its turbulent reconstruction efforts amid a rally of foreign leaders who could also help iron out regional rivalries. French President Emmanuel Macron and his Egyptian counterpart were due to attend the event, along with senior leaders and diplomats from …

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Rich Turks Boost Consumption Amid Soaring Inflation

Home and car sales have increased and shopping malls and entertainment venues appear to be quite buzzing in Turkey, even as steadfast inflation and widespread unemployment continue to haunt the country’s struggling economy. What about this seemingly contradictory trend? Are Turks throwing barbecues on the flames of inflation? Soaring prices …

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Kuwaitis hail Turkish influence, praise Erdoğan

The Crown Prince of Kuwait, Sheikh Mishaal Al-Ahmad Al-Jaber Al-Sabah, stood out with a statement in which he described Turkish President Recep Tayyip ErdoÄŸan as a “brave man in his positions, his words and his acts ”. His stance has been seen by Kuwaiti analysts as an indication of major …

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DHFL, HDFC Bank, Jet Airways, Kotak Mahindra Bank

NEW DELHI: Here are the top ten actions that could make the news today. DHFL: A retail investor section of Dewan Housing Finance Ltd (DHFL) is considering taking the Supreme Court against any decision by the National Company Law Tribunal (NCLT) to write off the mortgage lender’s actions as part …

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Kraft Heinz takes over Turkish Assan Foods

ANKARA (Turkey), June 14 (SeeNews) – US food giant The Kraft Heinz Company has announced that it has signed a $ 100 million (€ 82.5 million) deal to buy Assan Foods, a specialist company in sauces owned by the Turkish conglomerate Kibar Holding, as part of its international growth strategy. …

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Turkey is preparing to become an energy hub

Turkey has dreamed of becoming an energy hub for decades, and as offshore energy projects in the Eastern Mediterranean expand, it looks like that dream is coming true soon. With the discovery of new offshore gases in the region, Ankara has stepped up its aggressive approach to become a true …

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What is Turkey fighting against at home and abroad?

Many people in Turkey believe that the economic crises, failure and stagnation of the country are mainly due to the interventions of foreign powers. It is undeniable that foreign powers have an impact on Turkey’s struggle to ensure economic and political stability. In particular, the tensions that Turkey has experienced …

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Turkish Grand Prix canceled due to COVID-19

GlobeNewswire Small Scale Liquefied Natural Gas (LNG) Market Report 2021-2031 Forecast by value chain (SSLNG liquefaction plant, SSLNG storage, SSLNG transport, SSLNG regasification), by plant process (gas treatment, H2S / CO2 removal, dehydration, heavy component removal, LNG liquefaction, other process plant), by SSLNG storage (single Containment tanks, double containment tanks, …

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Turkey launches new raid in northern Iraq

Saudi and Greek drug busts highlight Hezbollah’s ‘drug strategy’ DUBAI: Lebanese fruits and vegetables are no longer welcome in Saudi Arabia after vigilant port authorities in the Kingdom thwarted an attempt to smuggle narcotics inside grenades. Last month, customs officials at the Islamic port of Jeddah seized more than 5 …

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Turkey faces ‘exodus’ after 506% increase in asylum claims

Saudi and Greek drug busts highlight Hezbollah’s ‘drug strategy’ DUBAI: Lebanese fruits and vegetables are no longer welcome in Saudi Arabia after vigilant port authorities in the Kingdom thwarted an attempt to smuggle narcotics inside grenades. Last month, customs officials at the Islamic port of Jeddah seized more than 5 …

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Turkey’s Grand Canal plan divides the nation

For his supporters, this means investment, jobs and security for Istanbul, Turkey’s largest city. For its detractors, it means an eco-disaster, a waste of precious funds and a threat to one of the most important treaties underlining the security of the country. “ Kanal Istanbul ” – a project to …

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Café Coffee Day Is CCD at risk of bankruptcy? India

The cloud of bankruptcy hangs over the popular coffeehouse chain – Café Coffee Day! This became evident after Coffee Day Enterprises Ltd (CDEL) disclosed a debt of Rs 280, according to a Business Standard report citing an exchange deposit in the March quarter. Notably, the CDEL owns Coffee Day or …

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