Middle East & North Africa

Oman Energy Minister sees oil prices coming down after winter

09 Nov 2022; MEMO: Oman's Energy Minister, Salim Al-Aufi said on Tuesday he saw oil prices coming down from the range of $90 a barrel after the winter season, Reuters reports.

"We don't believe that the current prices are sustainable comfortably," he told Reuters on the sidelines of the COP27 climate conference in Egypt's coastal city of Sharm El-Sheikh.

"We believe after the winter season they will go down … we think it will go to a much more comfortable position in the 70s," he said.

Turkiye: Erdogan wants Swedish action on anti-terrorism for NATO bid approval

09 Nov 2022; MEMO: Turkish President, Tayyip Erdogan, said on Tuesday that Ankara conveyed its expectation to see concrete steps from Sweden to fulfil anti-terrorism obligations under a deal, clearing bids by the Nordic country and neighbouring Finland to join NATO, Reuters reports.

Iraq Prime Minister: Turkiye can play key role in Iraq development

09 Nov 2022; MEMO: Iraqi Prime Minister, Mohammed Shia Al-Sudani said Tuesday that Turkiye can play a key role in Iraq's development, Anadolu News Agency reports.

"We have a high trade volume between the two countries," Al-Sudani told a press conference in Baghdad. "Turkiye is an economically developed country and can play a key role in the development of Iraq," he added.

The Iraqi Premier said that decreased rainfall and the low amount of water coming from Turkiye and Iran create a water problem in Iraq.

UN Chief announces $3.1bn disaster action plan at COP27

08 Nov 2022; MEMO: UN Secretary-General, Antonio Guterres, announced a disaster action plan on Monday for an early warning system against climate change.

Speaking at the UN climate summit COP27 in Egypt's seaside city of Sharm El-Sheikh, Guterres said the plan calls for initial new targeted investments of $ 3.1 billion between 2023 and 2027 – roughly six per cent of the requested $50 billion in adaptation financing.

Invest in Africa to save the globe from climate change, says Kenyan Pres Ruto

SHARM EL SHEIKH (Egypt), Nov 8 (NNN-KBC) — Kenyan President William Ruto has asked developed nations to invest in Africa to save the globe from the adverse effects of climate change.

He said there are opportunities on the continent to produce wind power, geothermal electricity and solar energy.

In his address at the ongoing COP27 in Egypt, the President cited the case of East Africa whose hydroelectric power potential is 100,000 megawatts. He insisted the world can no longer afford to power its industrialisation using dirty energy.

Explosions Rocked Gov’t-Controlled Weapons Warehouse In NE Yemen

ADEN, Nov 8 (NNN-YPA) – Several explosions last night, rocked a weapons warehouse owned by Yemen’s government forces, in the country’s north-eastern oil-rich province of Marib, a security official said.

“Massive explosions rocked a weapons warehouse near a densely populated neighbourhood in Marib province, igniting fires and forcing the evacuation of several families living in the area,” the local security official said.

Saudi F-15S Jet Crashed Due To Technical Fault, Pilots Ejected: Defence Ministry

RIYADH, Nov 8 (NNN-SPA) – A Saudi Air Force F-15S fighter jet, crashed due to a technical fault, during a routine training mission on Sunday evening, the Ministry of Defence reported, yesterday.

The ministry’s spokesman, Turki Al-Malki, said, the incident occurred on Sunday evening at the King Abdulaziz Air Base training area, in the kingdom’s Eastern Province.

The aircrew of two officers survived the incident after ejection, the spokesman added.

No injuries nor ground damage were recorded.

Investigation into the incident is underway.

Türkiye coordinates efforts for Russian grain, fertilizer exports: minister

ANKARA, Nov. 8 (Xinhua) -- Türkiye said on Tuesday it has been coordinating efforts to remove obstacles to the export of Russian grain and fertilizer.

The deal that paved the way for the resumption of Ukrainian grain to world markets also envisaged shipment of Russian grain and fertilizer, the semi-official Anadolu Agency quoted Turkish Foreign Minister Mevlut Cavusoglu as saying.

"Export of Russian fertilizer is part of the agreement. Russians have some concerns that these demands are not met. Now diplomacy is working to remove these concerns," Cavusoglu said.

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