Business

29 April 2022; MEMO: Turkish President, Recep Tayyip Erdogan, held meetings with King Salman and Crown Prince, Mohammed bin Salman, late on April 28, in his first visit to Saudi Arabia since 2017 after the killing of dissident Saudi journalist, Jamal Khashoggi, on the premises of the Saudi Consulate in Istanbul in 2018.

Erdogan was accompanied by a large delegation, including ministers and senior officials, Anadolu News Agency reports.

Agartala, Apr 29 (PTI) Noting that bilateral trade and connectivity are crucial for sustainable economic development of both India and Bangladesh, Tripura Chief Minister Biplab Kumar Deb has urged IT companies in the neighbouring country to invest in his state.

Deb, during the first edition of 'Digital Bangladesh IT Summit-2022' on Thursday, also said here that he had written to Prime Minister Narendra Modi, requesting him to introduce direct international flights to Dhaka, Chittagong, Singapore and Bangkok from state capital Agartala.

New Delhi, Apr 29 (PTI) IT company Wipro on Friday posted a 4 per cent rise in consolidated profit at Rs 3,092.5 crore in the fourth quarter ended March 2022.

The company had registered a profit of Rs 2,974.1 crore in the same period a year ago.

28 April 2022; MEMO: Israeli naval forces detained six Palestinian fishermen yesterday and destroyed their boat off the Rafah coast, south of the blockaded Gaza Strip, reported Wafa news agency.

Zakaria Baker of the Union of Agricultural Work Committees (UAEC) in Gaza said that Israeli gunboats opened fire on a group of fishermen while they were sailing north of the sea of Rafah, before arresting them and confiscating their two boats.

29 April 2022; MEMO: The state-owned oil and gas company QatarEnergy yesterday awarded a major engineering, procurement and construction (EPC) contract for the North Field East LNG expansion to a consortium of Spain's Tecnicas Reunidas and China's Wison Engineering, Anadolu reported.

QatarEnergy said in a statement that the consortium would work on the expansion of the sulphur handling, storage and loading facilities within Ras Laffan industrial city.

28 April 2022; MEMO: Turkiye's President, Tayyip Erdogan, is planning a visit to Riyadh on Thursday in a push to mend ties, Anadolu News Agency reports.

According to the report, Erdogan will meet King Salman bin Abdulaziz to bolster trade with Saudi Arabia as Turkiye's current economic crisis costs him support ahead of elections scheduled for next year.

28 April 2022; MEMO: China and Iran have agreed to expand their military cooperation following the visit by Chinese Defence Minister Wei Fenghe to Tehran yesterday, where he held talks with senior Iranian officials, including President Ebrahim Raisi.

28 April 2022; MEMO: The United States called on Libyan leaders, on Wednesday, to work "immediately" to end the closure of oil installations. It considered the suspension of production as a hasty measure that harms the Libyans and undermines international trust toward Libya as an actor in the global economy.

29 April 2022; MEMO: Supplies of transportation fuel from the Arab Gulf region to Europe have increased 130 per cent, as the Federation of Arabian Gulf States covers the current supply shortage from Russia due to sanctions resulting from its war on Ukraine, Bloomberg has reported.

27 April 2022; MEMO: Turkiye is expanding the Russian payment system, 'MIR', and ensuring that Russian tourists to the country will not have obstructions to their transactions, as Russia and its citizens remain cut off from the global financial system and more expansive forms of payment.