Saudi Arabia
Healthy rise in Aegean’s profits in January-June
Aegean Airlines on Thursday reported strong first-half results with consolidated turnover up 51% compared with the same period last year, totaling 678.1 million euros.
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Oil prices spike as Saudi Arabia, Russia extend cut
Saudi Arabia and Russia have agreed to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices.
The dual announcements from Riyadh and Moscow pushed benchmark Brent crude above $90 a barrel in trading yesterday, a price unseen in the market since November.
Israel’s PM pitches fiber optic cable idea to link Asia, Middle East to Europe
Israel's prime minister on Sunday floated the idea of building infrastructure projects such as a fiber optic cable linking countries in Asia and the Arabian Peninsula with Europe through Israel and Cyprus.
Prime Minister Benjamin Netanyahu said he's "quite confident" such an infrastructure "corridor" linking Asia to Europe through Israel and Cyprus is feasible.
Türkiye seeks to boost Saudi trade to $30 billion
Türkiye and Saudi Arabia may boost the bilateral trade volume to $30 billion in the medium and long term, Rifat Hisarcıklıoğlu, the president of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB) has said.
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40 Turkish firms among world’s top 250 contractors
A total of 40 Turkish companies have made it to ENG's prestigious Top 250 International Contractors List this year.
Türkiye retained its second place in terms of the number of companies entered on the list after China which has 81 companies. The U.S. came third with 39 contractors.
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Turkish, Saudi ministers discuss bilateral trade
Trade Minister Ömer Bolat discussed bilateral trade with his Saudi counterpart, Majid bin Abdullah Al Qasabi., in Jaipur, India, on the sidelines of a meeting of trade ministers of G20 nations, according to a statement from the Turkish Trade Ministry.
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UN experts challenge Aramco over climate change
U.N. experts have written to oil firm Saudi Aramco and its financial backers challenging them on allegations that their activities are fuelling climate change-related negative impacts on human rights.
A cache of correspondence was published on Aug. 26 on a United Nations human rights special procedures website, exactly two months after it was sent.
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It is official: BRICS Group has six new countries
The BRICS group decided today to officially invite Saudi Arabia, Argentina, Egypt, Ethiopia, Iran, and the United Arab Emirates to join the bloc.
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BRICS invites Six countries to become its New Members
Leaders of the BRICS group have invited Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates to join - a move aimed at increasing the influence of the bloc, which has vowed to defend the "global south", Reuters reported.
'Losing Old Sanaa': Historic city reels from Yemen war
Doaa al-Waseai spent many happy years working as a tour guide in the Old City of Yemen's capital Sanaa, showing foreigners its hidden hammams and markets teeming with silver and spices.