News & Events

Data gathered from: DAILYSABAH

Last updated: 2023.01.29

Qatar joins consortium for gas exploration off Lebanon

Qatar Energy on Sunday announced it had signed an agreement with Lebanon and two international oil giants in a deal that will see the Qatari state-owned oil and gas company join a......
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Turkish business world calls for ‘urgent’ solution amid EU visa row

A senior Turkish business official on Saturday called for a swift solution to the European Union visa issue, which has triggered public outcry and prompted Ankara to vow countermea......
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Türkiye’s STM to develop 'critical' NATO intel software in landmark deal

A prominent Turkish defense company has been selected to develop a critical software system that will be used in intelligence flows at all NATO facilities around the world, in what......
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US trade realigns on COVID, China tension but no swift decoupling yet

The flows of U.S. trade are shifting, driven by pandemic shocks and conflicts with China, but attempts to lower the dependency between the world’s two biggest economies have not ye......
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US inflation fight ‘far from won’ as smaller Fed rate hike looms

The United States central bank will likely opt for a minor interest rate increase this week amid slowing inflation and a cooling property market as policymakers evaluate the measur......
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Embattled UK airline Flybe sinks into bankruptcy, cancels all flights

Flybe ceased trading on Saturday, marking the struggling British regional airline's second collapse in three years, with all flights canceled and 276 workers made redundant.......
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As spiraling economic crisis drags on, Sudanese tighten belts

Hassan Omar, a grocer, is occupied with cleaning packaged food items that have been collecting dust for a while due to the ongoing economic crisis in Sudan. As a result, his dwindl......
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Italy, Libya ink $8B gas deal during PM Meloni's visit

Libya’s Tripoli-based government’s prime minister Abdul Hamid Dbeibah and Italian prime minister Giorgia Meloni signed an $8 billion gas agreement during the latter’s visit on Satu......
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Turkish, Russian delegations discuss creating gas hub

Turkish and Russian experts discussed details regarding the creation of a gas hub in Türkiye, Russian Deputy Foreign Minister Oleg Syromolotov said Saturday. In an interview with......
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Türkiye opens major facility to process vast gold reserve

President Recep Tayyip Erdoğan on Friday opened a vast gold mine facility that will process reserves discovered in the northwestern Bilecik province in late 2020. Around 109 tons......
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