Photo: Credit Anadolu Agency Israeli Prime Minister Benjamin Netanyahu. Delegation under controversial normalization deal being led by head of Israel’s National Security Council Under a controversial normalization deal, an Israeli trade delegation will travel to the Gulf state of Bahrain on Sunday, Israeli Prime Minister Benjamin Netanyahu announced. In a written statement, Netanyahu said Israel’s

Turkish president says reserves discovered in Black Sea is largest hydrocarbon resource of Turkey till today The Turkish president on Saturday announced the discovery of an additional 85 billion cubic meters of natural gas in the Black Sea, following a historic find this summer. “As a result of testing, analysis and detailed engineering work, another

In an exclusive interview with Anadolu Agency, South Sudan official says geological issues leading decline in oil production Already reeling under the impact of declining oil prices in the global market and restrictions enforced by the COVID-19 pandemic, geological issues are now hampering South Sudan to maintain optimal oil production. The world’s youngest country is

The Somali petroleum ministry has for the first time formed a seven-member executive committee representing the federal government, regional governments and the Benadir region. The committee, announced by the Somali Petroleum Authority (SPA), is tasked with boosting the oil and gas industry. They will also ensure that the financial development laws enacted, the principles of

Techno Brain offices in Hurlingham, Nairobi. The World Bank has banned Kenyan IT firm, Techno Brain (Kenya) Limited and its United Arab Emirates(UAE)-based parent company Techno Brain Global FZ-LLC for fraud in an Integrated Public Financial Management Reform Project in Liberia. The Kenyan unit will remain banned from World Bank supported projects for 28 months

The Crown Prince of Abu Dhabi, Sheikh Mohammed bin Zayed, received a phone call Monday from the Israeli prime minister, their first contact since the United Arab Emirates (UAE) and Israel announced a deal in August to normalize their relations. “During a phone call with Israeli Prime Minister Benjamin Netanyahu, we discussed strengthening bilateral ties

Saudi Prince Abdulrahman Bin Musa’ad has called for boycotting Turkish imports after Turkish President Erdogan announced that his country’s army in Qatar helps stabilise security in the Gulf states. According to The New Khalij, the prince retweeted Erdogan’s remarks and wrote: “Therefore, I call for a full popular boycott for the Turkish products in order

Photo: Credit Reuters By Lawrence White LONDON (Reuters) – Does a cancelled gym membership spell financial disaster? That is the type of question British banks are asking as they try to work out whether borrowers owing some 75 billion pounds ($96 billion) in home loans will be good for it when a payment holiday, introduced

Kenya’s coffee risks losing its top spot in the world market following its rejection in Japan and South Korea due to high levels of chemical contamination. The chemical levels of Ochratoxin have exceeded the allowable minimum, resulting in rejection at the two countries’ border points. The coffee, which is highly sought after by roasters for

Photo: Credit Pinterest Saudi Arabia’s total production of gold increased 158 per cent to 12,353 kilogrammes in 2019 compared to the 4,789 kilogrammes recorded in 2014, a new report revealed. According to the publication, the kingdom has also increased its total production of silver, reaching 5,588 kilogrammes in 2019 compared to 4,800 kilogrammes in 2014.