Business

28 September 2023; MEMO: Turkiye’s President Recep Tayyip Erdogan has urged the establishment of the strategic Zangezur corridor in order to accelerate the territorial connection between Turkiye and Azerbaijan, as well as the Nakhchivan exclave of the latter.

24 September 2023; MEMO: Russia was lied to about the Black Sea grain deal, Foreign Minister Sergei Lavrov said Saturday, reports Anadolu Agency.

When asked by Anadolu if he has a response to UN Secretary-General Antonio Guterres’ remarks when he said some are questioning if Russia has “any real interest in re-joining the Black Sea Initiative,” Lavrov said he cannot respond to “his mood at that.”

“We were lied to, and the Secretary-General was forced to, was misled,” he said.

23 September 2023; AA: Thousands of anti-Brexit protesters on Saturday gathered in the British capital to call for rejoining the EU.

Organized by the National Rejoin March, thousands of people marched toward Parliament Square and demanded "we want our star back."

The protesters were carrying EU flags and wearing hats and t-shirts which also featured the EU flag. They were also carrying banners that called on the government to resign.

23 September 2023; MEMO: The US State Department has approved a potential $500 million deal to provide maintenance support for Saudi Arabia’s fleet of combat vehicles, the Defence Security Cooperation Agency announced yesterday.

The deal would cover spare parts, components and repair services for vehicles, including Abrams tanks and Bradley Fighting Vehicles operated by the Royal Saudi Land Forces.

23 September 2023; MEMO: The Turkish Central Bank has, once again, hiked interest rates in the country, pushing its policy rate up five points to 30 per cent, in a continued effort to curb soaring inflation, AP reports.

According to the report, the Bank said, on Thursday, that the increase was necessary in the face of services inflation and surging oil prices. It means that the country’s interest rate is sitting at a level not seen since 2003.

20 September 2023; MEMO: Iranian President Ebrahim Raisi yesterday said the US should prove its “goodwill and determination” to revive the 2015 nuclear pact as months of indirect talks between the long-time foes have led nowhere, Reuters reports.

20 September 2023; MEMO: Kuwait’s Foreign Petroleum Exploration Company (KUFPEC) signed an agreement with a Shell subsidiary to acquire 40 per cent of Egypt’s Nile Delta offshore block 3, KUNA reported today.

The Kuwaiti news agency quoted Mohammad Al-Haimar, KUFPEC’s CEO, saying the move was in line with the approach to expand operations with “our international partners that are active in special exploration basins.”

21 September 2023; MEMO: Egypt is in talks with an Abu Dhabi-based bank for a loan facility that would finance wheat purchases from Kazakhstan, three traders told Reuters.

The move could give Egypt a cheap alternative to grain from Russia, which has supplied an increasing share of Egypt’s wheat since last year but recently blocked a deal for a purchase below an unofficial price floor for wheat purchases, traders say.

21 September 2023; MEMO: Turkish President, Tayyip Erdogan, said he does not agree with the negative approach other leaders are showing towards his Russian counterpart, Vladimir Putin, Turkish broadcasters quoted him as saying on Thursday, Reuters reports.

15 September 2023; MEMO: Palestinian Finance Minister Shukri Bishara yesterday stressed the need for the donors’ meeting to produce serious results and work mechanisms that would exert pressure on the Israeli occupation government to release Palestinian funds that have been withheld since 2019, and which currently amount to around $800 million.