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Lebanon, Israel satisfied with final draft of maritime border deal, negotiators say

11 October 2022; MEMO: Lebanon and Israel have received a final draft of a US-mediated maritime border deal that satisfies all of their requirements and could imminently lead to a "historic deal", negotiators from the two countries said today, according to Reuters.

Israel tests pumping gas from disputed gas field with Lebanon

9 October 2022; MEMO: Israel on Sunday started to test the pumping of gas from the disputed Karish gas field amid tension with Lebanon, according to local media, Anadolu reports.

Israeli Channel 12 reported that Israel's security establishment has given the US gas drilling company Energean the green light to start its tests.

Public broadcaster KAN said full pumping operations from the site may be ready within weeks after the completion of the tests.

Qatar population surges 13.2% in year leading up to World Cup

9 October 2022; MEMO: Qatar's population has surged by 13.2% over the last year, official data showed, as the tiny Gulf Arab state recruits thousands of overseas workers ahead of hosting the soccer World Cup next month to cope with an unprecedented influx of fans, Reuters reports.

The wealthy gas producer's population stood at 2.94 million after some 370,000 additional people moved to Qatar over the last year, based on data collected in September and released by Qatar's statistics authority last week.

Palestine-Egypt agree to develop a gas field in Gaza

10 October 2022; MEMO: The Palestine Investment Fund is on the verge of reaching a technical agreement with the Egyptian Natural Gas Holding Company (EGAS) to extract gas from the Gaza Marine gas field.

Anadolu news agency quoted official Palestinian sources saying yesterday that both parties will sign a technical agreement during the last quarter of 2022 that determines the distribution of the shares and the how to market the gas.

Bolivia eager to launch Iranian tractor assembly line

Tabriz, IRNA – Bolivia’s Ambassador to Tehran Romina Pérez said on Sunday that La Paz is willing to launch an Iranian tractor assembly line in the country.

Perez made the remarks during her visit to Iran Tractor Manufacturing Industrial Group in Tabriz, northwestern Iran.

Referring to 700 Iranian tractors being used in Bolivia’s agricultural farms, the ambassador said that a huge part of her country’s agriculture is dependent on those tractors.

She, then, appreciated Iran Tractor Manufacturing Industrial Group for its technology and achievements.

French energy giants to join in QatarEnergy's North Field South

7 October 2022; MEMO: French energy giant, Total, will enter QatarEnergy's North Field South (NFS) liquefied natural gas scheme — the second phase of the Emirate's massive LNG expansion programme, local Qatari media reports.

According to the report, QatarEnergy Chief Executive, Saad Sherida Al-Kaabi, told the Energy Intelligence Forum in London that three new partners will be joining the NFS project, in addition to Total.

Turkey: If Washington does not meet our need for F-16 fighters, then there are other options; Erdogan

7 October 2022; MEMO: Turkish President, Recep Tayyip Erdogan, said that many countries are willing to meet his country's needs, if the US does not meet Ankara's need for F-16 fighters.

In response to journalists' questions, he said, "If the United States does not meet our need for F-16 fighters, many countries are willing to do so," according to Anadolu news agency.

Indian Rupee falls 16 paise to all-time low of 82.33 against US dollar

Mumbai, Oct 7 (PTI) The rupee depreciated 16 paise to an all-time low of 82.33 against the US dollar in early trade on Friday as a firm American currency and risk-averse sentiment among investors weighed on the local unit.

Moreover, a negative trend in domestic equities and elevated crude oil prices sapped investor appetite, forex traders said.

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