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Ever Given container ship leaves Egyptian waters

14 July 2021; MEMO: The Ever Given container ship that had blocked the Suez Canal in March left Egyptian waters at 4 a.m. local time following inspections at Port Said, a canal source said on Tuesday, Reuters reported.

Ship tracker MarineTraffic showed the Ever Given to be underway in the Mediterranean Sea north of the Egyptian coast.

UAE: Flydubai cancels purchase of 65 US Boeing aircraft

14 July 2021; MEMO: United Arab Emirates carrier Flydubai on Tuesday announced that it had reached an agreement with Boeing, under which it would amend previous deals and cancel orders of 65 737 MAX aircraft due to the repercussions of the coronavirus.

"Flydubai has reached an agreement with Boeing, and the airline has adjusted its aircraft orders which had been placed in 2013 and 2017," the company confirmed in a statement.

In first for Gulf, UAE opens embassy in Israel, hails trade ties

TEL AVIV, July 14 (Reuters) - The United Arab Emirates on Wednesday become the first Gulf state to open an embassy in Israel, as its envoy hailed the trade and investment opportunities that closer ties would bring at a flag-raising ceremony also attended by Israel's president.

Brought together by shared unease about Iran, the UAE and Bahrain normalised relations with Israel last year under the "Abraham Accords" crafted by the administration of then-U.S. President Donald Trump

Sudan and Morocco have since also moved to establish ties with Israel.

U.S. budget deficit soars to 2.24 trln USD in first nine months of fiscal year 2021

WASHINGTON, July 13 (Xinhua) -- The U.S. budget deficit soared to 2.24 trillion U.S. dollars during the first nine months of fiscal year 2021, which ends on Sept. 30, the U.S. Treasury Department reported on Tuesday.

Federal revenue for the nine-month period ending in June rose to 3.05 trillion dollars, while total outlays rose to 5.29 trillion dollars, driven by payments for jobless benefits and COVID-19 relief programs, according to the department.

India: Farmers gear up for upcoming protest outside Parliament

New Delhi, Jul 12 (PTI) Convoys of farmers from different parts of Punjab have started their journeys towards Delhi to take part in planned protests outside the Parliament House during the monsoon session, a statement by Samyukt Kisan Morcha (SKM) said on Monday.

We already announced plans to stage protests during the monsoon session of Parliament starting July 22.

India: Load testing on Metro's elevated track from IIIT to Kalyanpur begins

Kanpur: Kanpur Metro begins load testing capacity of the elevated track on the priority routes especially from IIIT to Kalyanpur here.

When this vital testing has commenced on one route, there will also be conducted load testing upon U-Girder and Steel Spanning at the Rawatpur route.

Giving this information Kumar Keshav, MD, UPMRC said  load testing on the primary section has started.

He further maintained as a test run on the track will be conducted in November all the testing in regard to the strength of the track  will be completed before the test run.

Turkey DM calls on Greece to be reasonable, 'logical and fair'

12 July 2021; MEMO: Turkish Defence Minister Hulusi Akar said Greece is maintaining its provocative stances that exacerbate tensions by ignoring the law and not respecting agreements it has signed.

This came in a statement issued to Anadolu Agency yesterday in response to allegations made by his Greek counterpart Nikolaos Panagiotopoulos, who accused Turkey of violating international law and threatening the stability of the region.

BP seeks renewable energy projects in Turkey

12 July 2021; MEMO: Energy giant BP, which has invested more than $500 million in Turkey in the last three years, is looking to focus on renewable energy in the country, local newspaper Sabah reports.

According to the report, BP Turkey Vice President Tumkan Isiltan said: "We have new investments on our radar in Turkey especially in terms of renewables in the age of COVID."

Syria regime announces sharp rise in bread, fuel prices

12 July 2021; MEMO: Syrian authorities have announced a sharp increase in the prices of bread and fuel, in efforts to counter the economic crisis that has gripped the country over the past few years.

According to the state-run Syrian Arab News Agency (SANA), the regime yesterday doubled the price of bread and tripled the price of diesel throughout the territories under its control.

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