20 May 2022; MEMO: Saudi Arabia's sovereign wealth fund has acquired a five per cent stake in Japanese gaming giant Nintendo, worth $2.98 billion.
According to a filing with Japan's Ministry of Finance yesterday, the Public Investment Fund (PIF) bought 6.5 million shares in the makers of the iconic Mario and Donkey Kong games.
20 May 2022; MEMO: Israeli authorities called an early close on Thursday to a religious bonfire festival after dozens of ultra-Orthodox Jews rampaged against crowd-control measures meant to prevent a repeat of a crush that killed 45 people last year, Reuters reports.
TV stations showed pilgrims knocking down safety barricades and scuffling with police at the Meron tomb of second-century sage, Rabbi Shimon Bar Yochai, site of annual two-day celebrations that can draw as many as 200,000 people.
20 May 2022; MEMO: The Central Bank of Egypt announced Thursday it raised its key policy rates by 200 basis points, citing high commodity prices, Anadolu News Agency reports.
The bank said its overnight deposit rate and the overnight lending rate were increased to 11.25 per cent and 12.25 per cent, respectively.
The rate of the main operation and the discount rate were each raised to 11.75 per cent.
20 May 2022; MEMO: The US issued a general licence on Thursday to exempt northern Syrian territories, including those controlled by the PKK's regional branch, the YPG, from American sanctions, Anadolu has reported.
19 May 2022; MEMO: Iraq has made a fresh attempt to control revenue from the semi-autonomous region of Kurdistan by asking oil and gas firms operating there to sign new contracts with state-owned marketer, SOMO, rather than the Kurdistan Regional Government (KRG), Reuters reports.
Oil Minister, Ihsan Ismael, on 7 May said Iraq's Oil Ministry would start implementing a February federal court ruling that deemed the legal foundations of the Kurdistan region's oil and gas sector unconstitutional.
20 May 2022; MEMO: The Mayor of the small Turkish city of Bolu has erected banners in both Arabic and Turkish, issuing a "last call" and order for Syrian refugees to return to their country and leave Turkiye.
19 May 2022; MEMO: Jordan has issued a Royal Decree restricting the communications, place of residence and movement of Prince Hamzah, Roya News reported.
The official news site said the decree came following recommendation issued in December by the council formed in accordance with the Royal family Law.
ANKARA, May 19. /TASS/: Ankara remains opposed to the idea of Finland’s and Sweden’s admission to NATO, President Recep Tayyip Erdogan said at a meeting with Turkish youth in Ankara on Thursday.
"We have told our friends that we will say ‘NO’ to Finland’s and Sweden’s admission to NATO. We will remain committed to this. We will not tolerate terrorist organizations in NATO. These countries are home to the Kurdistan Workers’ Party and the People’s Defense Units," Erdogan said.
BEIRUT, May 19 (Reuters) - When Halime El Kaakour enters Lebanon's parliament as a newly elected lawmaker next week, she will step past the same concrete barriers that security forces erected to keep her and other protesters out during massive anti-government rallies in 2019.
Powered by that protest movement and popular anger over the financial implosion that followed, about a dozen activists and reform-minded newcomers like her were elected to the 128-member legislature on Sunday.
ANKARA, May 18 (Xinhua) -- Turkey will not approve Sweden's NATO membership if the country does not extradite "terrorists" upon Turkish request, Turkish President Recep Tayyip Erdogan said Wednesday.
"Supporting the outlawed Kurdistan Workers' Party (PKK), Syria's Kurdish People's Protection Units (YPG) terrorist organizations and asking us for support for NATO membership is, to say the least, inconsistent. We asked Sweden to return 30 terrorists, but they refused to do so," Erdogan said while addressing his party's lawmakers.
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