Business

UK’s Johnson in UAE, Saudi Arabia to press for more oil

Britain’s Prime Minister Boris Johnson, left, sits with Mohammed bin Salman, right, Crown Prince of Saudi Arabia ahead of a meeting at the Royal Court in Riyadh, Saudia Arabia, Wednesday March 16, 2022. Johnson arrived in the Gulf for meetings in the United Arab Emirates and Saudi Arabia aimed at easing skyrocketing gasoline prices as

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Macron denies France violated European sanctions with Russia arms sales

By Anadolu Agency France’s president on Tuesday denied allegations that the government had breached European sanctions by approving the export of 152 million euros ($167 million) worth of military equipment to Russia since 2015, which Moscow is now reportedly using in its war against Ukraine. “France has complied in accordance with its commitments to international

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PM turns to brutal Saudi regime for help as Putin’s atrocities fuel energy crisis

Boris Johnson and Mohammed bin Salman in 2018 (Image: REX/Shutterstock) The Daily Mirror By Rachel Wearmouth Boris Johnson is heading to Riyadh in Saudi Arabia to beg Crown Prince Mohammed bin Salman to increase oil production to help the West wean itself off Russian energy As Russia carries out new attacks against the people of

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German chancellor arrives in Turkiye on official visit

By Anadolu Agency German Chancellor Olaf Scholz on Monday arrived in Turkiye for his first official visit since he took office. Turkish President Recep Tayyip Erdogan welcomed Scholz with an official ceremony at the Presidential Complex in the capital Ankara. Erdogan and Scholz are due to hold a joint news conference following one-on-one and inter-delegation

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Germany to buy up to 35 Lockheed F-35 fighter jets – sources

A Lockheed Martin F-35 aircraft is seen at the ILA Air Show in Berlin, Germany, April 25, 2018. REUTERS/Axel Schmidt/File Photo By Reuters Germany will purchase F-35 fighter jets built by U.S. firm Lockheed Martin to replace its ageing Tornado aircraft, according to two government sources, with one of the sources saying Berlin aims to

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Somali Foreign Minister says to give license Bank of Egypt

File Photo/Somali Times The Minister of Foreign Affairs of the Federal Government of Somalia, Abdisaid Muse, has said that his government is planning to grant a license to The Bank of Egypt. In an interview with Egypt’s Sharook News, the minister said that the Central Bank of Somalia’s Board of Directors will issue a license

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Leaders of Turkey, Greece hold talks in rare meeting

In this photo provided by Turkish Presidency, Greek Prime Minister Kyriakos Mitsotakis, left, talks to Turkish President Recep Tayyip Erdogan during their meeting in Istanbul, Turkey, Sunday, March 13, 2022. Mitsotakis is in Istanbul to talk with Turkish President Recep Tayyip Erdogan in a rare meeting between the neighbors who have been at odds over

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Germany discussed energy cooperation with Qatar

Oil depots are pictured in the harbour in Hamburg, Germany, March 8, 2022. REUTERS/Fabian Bimmer By Reuters The German government, working to reduce its dependence on Russian oil and gas, discussed energy supplies with Qatar this week, the federal chancellery’s state secretary said on Saturday. “We discussed bilateral cooperation particularly in energy and corporate investments,”

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Africa could be hit hard by loss of Ukrainian grain exports, institute says

Workers harvest wheat in a field at the outskirts of Beja governorate, about 115 km (71 miles) north of the capital Tunis, file. REUTERS/Anis Mili By Reuters African countries may be hit hard by any continuing halt to Ukraine’s grain exports caused by the war, a report from Germany’s Kiel Institute for the World Economy

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Kenya, Zimbabwe ink seven pacts to boost investments

President Uhuru Kenyatta with his visiting Republic of Zimbabwe counterpart, Emmerson Mnangagwa during a press briefing at State House, Nairobi on March 9, 2022 By Business Daily Africa Kenya has signed seven bilateral agreements with Zimbabwe even as President Uhuru Kenyatta joined the push for the removal of Western sanctions sapping the economy of the

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