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Russian Property Purchases in Turkey Drop Due to Economic and Residency Challenges

In December 2024, Russians bought 438 residential properties in Turkey. While this number still placed them at the top of the foreign buyer rankings, it marked a 16.8% decrease compared to the same month in 2023, when 527 properties were purchased

NEOM Report Highlights Growth and Future of Women’s Football in Saudi Arabia

It has not only contributed to the growing participation of women in sport but has also played a role in reshaping societal norms, promoting gender equality, and aligning with Saudi Arabia’s Vision 2030 to create a healthier and more inclusive society
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Egypt’s $1.1 Billion Wind Farm Project to Power 1.3 Million Households

The project, which has secured substantial financial backing, includes $200 million from the European Bank for Reconstruction and Development (EBRD) and $170 million from the African Development Bank (AfDB)

Samsung C&T Secures $2.84 Billion EPC Contract for Major Desalination and Power Plant Project in Qatar

The project, set to be completed by 2029, will significantly contribute to Qatar's infrastructure, meeting 16% of the country's electricity demand and 17% of its desalinated water needs

Oil Prices Rise Amid Political Uncertainty in Syria, but Weak Demand Caps Gains

The surge in oil prices follows an announcement on Sunday by Syrian rebels, who claimed on state television that they had successfully overthrown President Assad, ending more than five decades of rule by his family

Oil Prices Plunge Over 4% as Israeli Airstrikes Avoid Key Iranian Energy Assets

The sharp decline in prices was driven by the relief that Israeli airstrikes, launched in response to Iranian missile attacks earlier this month, targeted military installations instead of energy assets such as oil fields or nuclear facilities

Gulf States Urge U.S. to Intervene Amid Fears of Israeli Strikes on Iranian Oil Facilities

Sources close to government circles have revealed that Gulf nations are adamantly refusing to allow Israeli aircraft to traverse their airspace for any strikes against Iran, seeking to mitigate their risk of becoming embroiled in a wider conflict

Bahrain Launches Powerlec 2024: A Step Towards a Sustainable Energy Future

The event, held at the Crowne Plaza, was officially launched by Mohamed Alkooheji, the second vice chairman of the Bahrain Chamber, marking a pivotal moment in the country’s commitment to clean energy, in line with its Vision 2030 framework

Turkey to Export ‘Turkish Blend’ Gas to Bulgaria, Aims to Expand Supply to Central Europe

The plan was disclosed by Turkish Energy and Natural Resources Minister Alparslan Bayraktar during an interview with "Millet" media in Filyos, where the infrastructure from Turkey’s Black Sea Sakarya gas field is being developed

Egypt Announces Up to 50% Hike in Household Electricity Prices Amidst Ongoing Energy Crisis

Egypt has been struggling with power shortages, leading to frequent load-shedding to manage the electricity grid. In a bid to mitigate these issues, Egypt has had to import around $1.18 billion worth of natural gas and mazut fuel oil

Lebanon Plunged into Darkness: Last Functioning Power Plant Shuts Down

Lebanon faced a new wave of crises as the last operational power plant, the Zahrani facility, ceased operations on Saturday, according to a report from Sawt Beirut International on X, citing Lebanon's state electricity corporation, Électricité du Liban

Saudi Arabia’s EV Market: A Growing Trend Amidst Challenges and Opportunities

The EV market in Saudi Arabia has indeed been growing, albeit from a low base. According to Al-Iqtisadiyah, the number of electric cars sold in the Kingdom tripled last year to nearly 800 units

Egypt Braces for Impact as Ethiopia Prepares Final Grand Ethiopian Renaissance Dam Fill

Egypt is increasingly anxious as Ethiopia nears the final filling of the Grand Ethiopian Renaissance Dam (GERD) by July's end. The 94% complete project could worsen Egypt's water shortages, intensifying the diplomatic standoff between the two countries

Kuwait Strikes Major Oil Discovery, Unveiling 3.2 Billion Barrels in New Reserves

This discovery marks a pivotal moment for Kuwait, a country whose economy heavily relies on its oil and gas sector. Currently, this sector contributes nearly 60% of the nation's Gross Domestic Product (GDP) and accounts for 95% of its export earnings

Latest articles

Russian Property Purchases in Turkey Drop Due to Economic and Residency Challenges

In December 2024, Russians bought 438 residential properties in Turkey. While this number still placed them at the top of the foreign buyer rankings, it marked a 16.8% decrease compared to the same month in 2023, when 527 properties were purchased

NEOM Report Highlights Growth and Future of Women’s Football in Saudi Arabia

It has not only contributed to the growing participation of women in sport but has also played a role in reshaping societal norms, promoting gender equality, and aligning with Saudi Arabia’s Vision 2030 to create a healthier and more inclusive society

Iraqi Prime Minister Confirms Israeli Researcher Tsurkov Alive, Release Efforts Ongoing

Tsurkov, 36, who holds Israeli and Russian citizenship, was kidnapped on March 26, 2023, while conducting research in Baghdad as part of her doctoral studies at Princeton University

UAE: Samsung Unveils Galaxy S25 Series with Cutting-Edge Features and Design

The Galaxy S25 series embodies Samsung’s “Essential Design” ethos, prioritising simplicity, elegance, and durability. The standout model, the Galaxy S25 Ultra, features a sleek and lightweight body constructed with titanium and the next-generation Corning Gorilla Armor 2

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