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14 April 2022; MEMO: The normalisation and improvement of ties between Turkey and Egypt are vital for the stability of the Eastern Mediterranean, Turkish Foreign Minister Mevlut Cavusoglu has stated.

Speaking on the Turkish news channel NTV, Cavusoglu said "Relations with Egypt must be improved. The two countries' ties are significant for many regions. Reciprocal reappointment of ambassadors is possible."

New Delhi, Apr 14 (PTI) Prices of CNG in the national capital on Thursday were hiked by Rs 2.50 per kg and that of piped cooking gas by Rs 4.25 per unit to record levels on the back of surge in raw material cost.

CNG in the national capital territory of Delhi now costs Rs 71.61 per kg, up from Rs 69.11 per kg, according to the information posted on the website of Indraprastha Gas Ltd (IGL) -- the firm which retails CNG and piped cooking gas in the national capital and adjoining cities.

13 April 2022; MEMO: Official data showed that Tunisia's trade deficit has ballooned, reaching 4.3 billion dinars ($1.42 billion) during the first quarter of 2022, an increase of 40.2 per cent on an annual basis.

In a statement issued yesterday, the Tunisian Institute of Statistics said that the trade deficit was in the range of 3.06 billion dinars ($1.01 billion) in the first quarter of 2021.

13 April 2022; MEMO: Turkey's Central Bank shared a plan to increase the rate at which exporters must convert their hard currency revenue into lira to 40 per cent, from 25 per cent, to tackle high inflation in the country, Bloomberg reports.

The Governor of the Central Bank, Sahap Kavcioglu, discussed the plan with members of the Turkish Exporters Assembly yesterday. The proposal still requires Treasury and Finance Ministry approval.

13 April 2022; MEMO: Egypt is expected to become the largest issuer of sovereign debt among emerging markets with issues amounting to $73 billion during the current fiscal year, says S&P Global Ratings, the international credit rating agency. This will exceed what it borrowed last year through the sale of bonds by about $10bn.

14 April 2022; MEMO: Saudi Arabia and Kuwait yesterday reiterated a call for Iran to join negotiations on defining the eastern boundary of the Dorra gas field.

"Saudi Arabia and … Kuwait affirmed their right to exploit the natural resources in this area and that they will continue working to enforce what was agreed upon on March 21, 2022," the Saudi Ministry of Foreign Affairs said in a statement reported by the official Saudi Press Agency (SPA).

14 April 2022; MEMO: The Egyptian Natural Gas Holding Company (EGAS) and Italy's Eni yesterday signed an agreement to maximise gas production and the export of liquefied natural gas (LNG) from Egypt to Europe.

The agreement was signed in the Egyptian capital city of Cairo by EGAS Chairman, Magdy Galal, and Eni's Director General of natural resources, Guido Brusco, in the presence of Egyptian Prime Minister, Mostafa Madbouly, Petroleum Minister, Tarek El-Molla, and Eni CEO, Claudio Descalzi.

12 April 2022; MEMO: Annual Israeli arms sales increased to a new record in 2021, according to Defence Ministry data released today.

The Israeli ministry's International Defence Cooperation Directorate (SIBAT) observed a sharp increase in demand for Israeli-made weapons as defence exports rose from $8.3 billion in 2020 to $11.3 billion in 2021. Exports previously hit a record high of $9.2 billion in 2017.

12 April 2022; MEMO: A decision driven by Saudi Arabia that OPEC+ should stop using oil data from the West's energy watchdog reflected concern about US influence on the figures, sources close to the matter said, adding to strain on ties between Riyadh and Washington,  Reuters reports.

The Organisation of the Petroleum Exporting Countries and allies, including Russia, a group referred to as OPEC+, has so far ignored Western calls to increase output to try to lower oil prices of around $100 a barrel.

13 April 2022; MEMO: Panic buying and selling of houses in Turkey's largest populated city, Istanbul, creates sharp increase in house prices in the second-hand market, Anadolu News Agency reports.

According to the report, Turkish Statistical Institute's report shows that the increase has been lingering at around 60 per cent.