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#Turkey, #Qatar pacts expected from Erdogan visit, no plan to seek Doha assistance | Reuters

Turkey, Qatar pacts expected from Erdogan visit, no plan to seek Doha assistance | Reuters Doha and Ankara are set to sign dozens of agreements during Turkish President Tayyip Erdogan's visit to Qatar on Monday but Turkey had no plans to ask for financial assistance, the two countries' foreign ministers said.At a news briefing on Monday with his Turkish counterpart Mevlut Cavusoglu, Qatar's Foreign Sheikh Mohammed bin Abdulrahman Al-Thani said the Gulf state was looking at opportunities emergi...
Tags: Travel, Saudi Arabia, Qatar, Turkey, Islam, Erdogan, Doha, Gulf, Ankara, Reuters, Tayyip Erdogan, Mohammed bin Salman, Mohammed bin Abdulrahman Al Thani, Rupert Neil Bumfrey, Turkey Qatar, Reuters Doha


Delivery Hero Fails Again to Take Over a Rival in #SaudiArabia - Bloomberg

Delivery Hero Fails Again to Take Over a Rival in Saudi Arabia - Bloomberg Delivery Hero SE’s second attempt to buy a Saudi rival has failed after the local competition watchdog rejected its takeover offer for The Chefz.Saudi Arabia’s General Authority for Competition didn’t disclose any details or the reasons for its decision in a statement on Sunday but said Germany’s Delivery Hero sought to buy all of the Riyadh-based firm.Delivery Hero and The Chefz didn’t immediately respond to requests f...
Tags: Travel, Germany, Berlin, Turkey, Middle East, Dubai, Delivery Hero, Riyadh, Yemeksepeti, Rupert Neil Bumfrey, Talabat, General Authority for Competition, SaudiArabia Bloomberg, Saudi Arabia Bloomberg Delivery Hero SE, Chefz Saudi Arabia, Chefz


Accor expands its footprint in Africa with the opening of Novotel & Novotel Living Conakry, Guinea

Accor, a world-leading hospitality group with over 400 hotels across India, the Middle East, Africa and Turkey is expanding its footprint in Africa, with the signing of a twofold project: a Novotel hotel and the first Novotel Living in Africa, both located in Conakry, Guinea.
Tags: Travel, Africa, Turkey, Accor, CONAKRY Guinea, India the Middle East Africa, Novotel Living


Analysis: Supercharged Turkish stocks rally not everything it seems | Reuters

Analysis: Supercharged Turkish stocks rally not everything it seems | Reuters The lira's plunge has propelled Turkey's exporter-dominated stock market to its best month in 12 years, but for foreign investors, who have just started dipping their toes in again, it's a very different story.The stock rally, taking in exporters such as steel producer Iskenderun Demir (Isdemir) (ISDMR.IS) and glass maker Sısecam (SISE.IS), has seen Istanbul's $37 billion main bourse (.XU100) soar nearly 20% in N...
Tags: Travel, Turkey, Istanbul, Reuters, MSCI, Rupert Neil Bumfrey, Iskenderun Demir Isdemir ISDMR


ADQ teams up with Turkish investment entities to boost priority sectors

ADQ teams up with Turkish investment entities to boost priority sectorsAbu Dhabi’s holding company ADQ signed agreements with various Turkish investment entities to boost the development of priority sectors in the UAE and Turkey ranging from technology to healthcare, following talks between the two countries.ADQ signed partnership pacts with the Turkey Wealth Fund, Turkey Investment Office and CCN Holding, the Abu Dhabi Government Media Office (ADGMO) said.The agreements were signed during the v...
Tags: Travel, Turkey, Recep Tayyip Erdogan, Uae, Armed Forces, Ankara, CCN, Rupert Neil Bumfrey, Dhabi, ADQ, Mohamed bin Zayed Crown Prince of Abu Dhabi, Turkey Wealth Fund Turkey Investment Office, Abu Dhabi Government Media Office ADGMO, ADGMO, Turkey Investment Office, CCN Holding


#Saudi bourse sees biggest weekly loss in over a year | Reuters

Saudi bourse sees biggest weekly loss in over a year | Reuters Saudi Arabia's stock market gave up early gains to end lower on Thursday, registering its fourth weekly loss in five and its biggest since October 2020, while other Gulf bourses traded mixed.Losses on the Saudi index followed tensions with Yemen's Iran-aligned Houthis, who claimed responsibility on Nov. 20 for drone attacks in several parts of the kingdom, including at Saudi Aramco facilities in Jeddah. read moreOn Wednesday th...
Tags: Travel, Turkey, Iran, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Yemen, Mohammed, Jeddah, Gulf, Ankara, Reuters, Saudi Aramco, Tayyip Erdogan, Sanaa


#Dubai Gets Its Way As Business Trumps Regional Strife - Bloomberg #UAE

Dubai Gets Its Way As Business Trumps Regional Strife - BloombergFatma Emrem’s phone has been ringing non-stop since the United Arab Emirates and Turkey repaired ties. A partner at Tamim Consulting, Emrem advises mostly Turkish companies setting up in the UAE commercial capital, Dubai. “Their main question is how confident should we be that good relations will continue,” she said. “They’re encouraged by recent reforms and lower company setup costs but they want to be sure politics won’t disrupt...
Tags: Travel, Turkey, Middle East, United Arab Emirates, Dubai, Uae, Rupert Neil Bumfrey, Bloomberg UAE, BloombergFatma Emrem, Tamim Consulting Emrem


Major Gulf bourses rise in early trade | Reuters

Major Gulf bourses rise in early trade | ReutersMajor stock markets in the Gulf rose in early trade on Thursday, with the Saudi index on track to extend gains for a second session.Saudi Arabia's benchmark index (.TASI) advanced 0.7%, with Al Rajhi Bank (1120.SE) rising 1.6% and oil giant Saudi Aramco (2222.SE) up 0.6%.The index on Tuesday ended three sessions of declines triggered by tensions with Yemen's Iran-aligned Houthis, who claimed responsibility on Nov. 20 for drone attacks in several pa...
Tags: Travel, Saudi Arabia, Turkey, Iran, United Arab Emirates, Abu Dhabi, Yemen, Mohammed, Jeddah, Ankara, Reuters, Saudi Aramco, Tayyip Erdogan, Sanaa, Tasi, Rupert Neil Bumfrey


#UAE Sets Up $10 Billion Fund to Support #Turkey as Ties Warm - Bloomberg

UAE Sets Up $10 Billion Fund to Support Turkey as Ties Warm - Bloomberg The United Arab Emirates outlined plans to launch a $10 billion fund to support investments in Turkey as the countries signed a string of accords Wednesday during one of the highest-level visits in years between the old Middle East foes.The fund will focus on strategic sectors such as energy, food and healthcare, the UAE’s state-run WAM news agency reported. The UAE, a small but influential Persian Gulf oil-and-business po...
Tags: Travel, Wam, Turkey, Middle East, United Arab Emirates, Recep Tayyip Erdogan, Istanbul, Uae, Ankara, Persian Gulf, Mohammed bin Zayed Al Nahyan, Rupert Neil Bumfrey, Support Turkey


Turkish cenbank governor in talks with #UAE over potential swap deal -sources | Reuters

Turkish cenbank governor in talks with UAE over potential swap deal -sources | ReutersTurkish Central Bank Governor Sahap Kavcioglu was meeting United Arab Emirates officials at the Turkish presidency for preliminary talks regarding a potential swap agreement, two sources told Reuters on Wednesday.Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan, the UAE's de facto ruler, was in Ankara for talks with President Tayyip Erdogan, in the first such visit in years as the regional rivals work...
Tags: Travel, Turkey, United Arab Emirates, Abu Dhabi, Uae, Ankara, Reuters, Tayyip Erdogan, Rupert Neil Bumfrey, Sheikh Mohammed bin Zayed al Nahyan, Şahap Kavcıoğlu, Kavcioglu, ReutersTurkish Central Bank


#UAE, #Turkey to Sign Financial Cooperation Deals as Ties Warm - Bloomberg

UAE, Turkey to Sign Financial Cooperation Deals as Ties Warm - BloombergTurkey and the United Arab Emirates will sign cooperation pacts for their wealth funds and stock exchanges during one of the highest-level visits in years between the old Middle East foes. UAE de facto ruler Sheikh Mohammed Bin Zayed Al Nahyan was received in Ankara by President Recep Tayyip Erdogan who is facing turmoil in currency markets and fading popularity ahead of 2023 elections.Abu Dhabi’s sovereign wealth fund ADQ ...
Tags: Travel, Turkey, Middle East, United Arab Emirates, Recep Tayyip Erdogan, Abu Dhabi, Ankara, Mohammed bin Zayed Al Nahyan, Rupert Neil Bumfrey, UAE Turkey


Wyndham to Reach 90 Hotels in Turkey with Seven New Openings

Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across nearly 95 countries, today announces plans to add seven more hotels to its portfolio in Turkey, cementing its position as the largest hotel company in the country by number of properties.
Tags: Travel, Turkey, Wyndham Hotels Resorts the world


Top 5 Amazing European Destinations Nomads Need to Visit

Nomads regularly move from one place to another, and many of them have travelled all around the world. However, there might be some who have not yet visited the vibrant cities and historical areas in Europe. Here are some of the most amazing destinations to visit while you are in Europe. 1. Turkish Spas in Turkey You would most commonly hear that Turkey is famous for Kebabs and Turkish Delights apart from its carpets and rugs. But did you know that Turkey has some of the bes...
Tags: Travel, Europe, UK, England, Greece, Scotland, Miscellaneous, Spain, Turkey, Cambridge, Party, Istanbul, Mediterranean, Ibiza, Balearic Islands, Crete


Search for 12 missing passengers who fled a plane after a man suspected of faking a diabetic coma forced an emergency landing, police say

Spanish police are seeking passengers who fled an Air Arabia Maroc flight after an emergency landing. Wikimedia Commons A man has been arrested on suspicion of encouraging illegal immigration by faking an illness on a flight. While being treated for the apparent medical emergency, 24 passengers fled the plane and escaped into Mallorca. Spanish police say that 12 people have been detained, and another dozen are missing. Spanish police are looking for 12 passengers who fled a flight from Mor...
Tags: Travel, Transportation, News, France, Trends, Spain, Turkey, Morocco, New York Times, News UK, Deportation, Mallorca, Emergency Landing, Balearic Islands, Illegal Immigration, Palma De Mallorca


#AbuDhabi’s Biggest Islamic Bank Weighs Merger Deals Outside #UAE - Bloomberg

Abu Dhabi’s Biggest Islamic Bank Weighs Merger Deals Outside UAE - Bloomberg Abu Dhabi’s biggest Islamic bank has the “liquidity and firepower” to pursue acquisitions outside the United Arab Emirates, according to its group chief financial officer.“We are continuously looking for opportunities outside the UAE,” Abu Dhabi Islamic Bank PJSC’s Mohamed Abdel Bary said in an interview with Bloomberg Television on Monday. “Once we identify an opportunity which would make sense to us and becomes capi...
Tags: Travel, Turkey, Egypt, United Arab Emirates, Dubai, Abu Dhabi, Uae, Emirates NBD, Bloomberg Television, Shariah, Rupert Neil Bumfrey, First Abu Dhabi Bank PJSC, Denizbank AS, Abu Dhabi Islamic Bank PJSC, Bank Audi, Abdel Bary


Wyndham Adds 12 Resorts in Europe through Collaboration with CLC World Resorts & Hotels

LONDON, Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels across nearly 95 countries, and CLC World Resorts & Hotels – one of Europe’s largest independent resort operators with a growing collection of properties – today announced plans to brand 12 properties in key leisure destinations in Spain, Canary Islands, Turkey, UK, and Austria. Expected to open in November 2021, the properties will be converted into Wyndham Grand Residences, Wy...
Tags: Travel, Europe, England, London, Scotland, Spain, Turkey, Austria, Tenerife, Wyndham, Aegean, Wyndham Hotels Resorts the world, CLC World Resorts amp, Spain Canary Islands Turkey UK


On the brand trail: Oakland to Denver (and back again)

I interrupt my regular scheduled posting—word of the week, monthly linkfest—to bring you some notes and images from my recent trip to Denver. It was my first out-of-California trip, and first non-driving trip, since May 2019, and the most time (four full days) I’ve ever spent in the Mile-High City. It was my bad luck to schedule the outgoing portion of the trip via Southwest Airlines, which had just canceled more than 2,000 flights and rescheduled my own 8:10 a.m. flight three times be...
Tags: Travel, Art, New York, Minneapolis, Colorado, California, Israel, San Francisco, Turkey, History, Chicago, Signs, North Dakota, Linguistics, Las Vegas, Oakland


EXCLUSIVE #AbuDhabi's IHC to IPO subsidiary Multiply this year, CEO says | Reuters

EXCLUSIVE Abu Dhabi's IHC to IPO subsidiary Multiply this year, CEO says | Reuters Abu Dhabi conglomerate International Holding Co (IHC) plans to list subsidiary Multiply, a holding company that invests in tech-focused businesses, on Abu Dhabi's main stock market this year, IHC's chief executive said.The planned transaction, which could value Multiply at 8 to 10 billion dirhams ($2.2-$2.7 billion), would be the latest in a string of listings and deals for IHC (IHC.AD), a firm with a market cap...
Tags: Travel, Ipo, Turkey, United Arab Emirates, Abu Dhabi, Reuters, Mohammed bin Zayed, Abu Dhabi National Oil Co ADNOC, IHC, Rupert Neil Bumfrey, Mubadala, Sheikh Tahnoon bin Zayed al Nahyan, Syed Basar Shueb, IHC IHC, Alpha Dhabi ALPHADHABI, Reuters IHC


#UAE, Syria agree on plans to enhance economic cooperation - ministry | Reuters

UAE, Syria agree on plans to enhance economic cooperation - ministry | Reuters The United Arab Emirates' economy ministry said on Sunday that the Gulf state and Syria had agreed on future plans to enhance economic cooperation and explore new sectors.The ministry wrote on Twitter that the value of non-oil trade between the two countries in the first half of 2021 was one billion dirhams ($272 million).The UAE re-opened its mission to Damascus in late 2018 in a bid to counter the influence of non...
Tags: Travel, Russia, Turkey, Iran, Syria, United Arab Emirates, Damascus, Uae, Bashar Al Assad, Gulf, Reuters, Rupert Neil Bumfrey, UAE Syria


Finland gets disputed wild card for FIBA tourney

NBA Flying high with the backing of Angry Birds, Finland received a wild card for the World Cup of Basketball on Saturday in a decision criticized for being more about business than basketball. Traditional contenders Brazil, Greece and Turkey drew the other three spots to complete the 24-team field for this summer's tournament in Spain, basketball governing body FIBA announced Saturday at its meeting in Barcelona. The draw is Monday. Greece is ran...
Tags: Travel, Greece, China, Germany, Russia, Senegal, Spain, Barcelona, Turkey, Italy, Nba, Brazil, Finland, Venezuela, FIBA, Rovio


#Saudi Exchange Tadawul Is Said Close to IPO at $4 Billion Value - Bloomberg

Saudi Exchange Tadawul Is Said Close to IPO at $4 Billion Value - Bloomberg Saudi Arabia’s stock exchange is close to announcing plans for a long-awaited initial public offering that could value it at as much as $4 billion, according to people familiar with the matter.Tadawul, as it is known, may publish details of its IPO as soon as this month, the people said, asking not to be identified because the information is private. Deliberations are ongoing and no final decisions on timeframe have be...
Tags: Travel, Turkey, Middle East, Portugal, Riyadh, Tadawul, Saudi Basic Industries Corp, HSBC Holdings Plc, Saudi Arabian Oil Co, Rupert Neil Bumfrey, Citigroup Inc JPMorgan Chase Co, Boursa Kuwait, Saudi Telecom Co, NCB Capital Co, Bloomberg Saudi Arabia, Euronext NV


Rotana continues robust Middle East expansion by signing partnership with Bin Al Sheikh Holding in Qatar

Rotana, one of the leading hotel management companies in the region with hotels across the Middle East, Africa, Eastern Europe and Turkey, announced today at the Arabian & African Hospitality Investment Conference (AHIC) the signing of a new project with Bin Al Sheikh Holding Group, a well-diversified Qatari business conglomerate. The project includes the management of a 400-key Arjaan Hotel Apartments by Rotana and 103-keys under The Residences by Rotana brand.
Tags: Travel, Qatar, Turkey, Middle East, Rotana, Middle East Africa Eastern Europe, Bin Al Sheikh Holding Group


Pegasus Airlines adds Turkey flightsPegasus Airlines adds Turkey flights

Expanded schedules from London Stansted and Mancheste
Tags: Travel, Turkey, London Stansted, Pegasus Airlines, flightsPegasus Airlines


#AbuDhabi’s Wealth Funds Weigh Turkey Investments Worth Billions - Bloomberg

Abu Dhabi’s Wealth Funds Weigh Turkey Investments Worth Billions - Bloomberg Wealth funds in Abu Dhabi are on the prowl in Turkey, scouting for targets for billions of dollars in investments, according to people familiar with the matter.Talks between the funds from the oil-rich capital of the United Arab Emirates and companies in Turkey have been ongoing for months, the people said. The interest preceded a breakthrough phone conversation in August between Abu Dhabi Crown Prince Sheikh Mohammed...
Tags: Travel, Turkey, Syria, United Arab Emirates, Libya, Erdogan, Recep Tayyip Erdogan, Abu Dhabi, Muslim Brotherhood, Uae, Mohammed bin Zayed Al Nahyan, ADIA, Rupert Neil Bumfrey, Abu Dhabi Investment Authority, Abu Dhabi Crown Prince Sheikh, Mubadala Investment Co ADQ


Jet2 resumes flights to TurkeyJet2 resumes flights to Turkey

Antalya and Dalaman services restart today
Tags: Travel, Turkey, Antalya, Dalaman


As tensions ease, Turkey says talks to #UAE on energy investment | Reuters

As tensions ease, Turkey says talks to UAE on energy investment | Reuters Turkey is in talks with the United Arab Emirates over investment in its energy sector, Turkey's deputy energy minister said on Tuesday, after the sides called a truce on their bitter rivalry.After contacts between intelligence and government officials eased tensions, the UAE this month said it was seeking deeper trade and economic ties with Turkey and seven other countries as it looks to defend its global business hub st...
Tags: Travel, Turkey, United Arab Emirates, Dubai, Uae, Reuters, Suhail Al Mazrouei, Reuters Turkey, Rupert Neil Bumfrey, Bayraktar, Alparslan Bayraktar


Taliban replace ministry for women with ‘virtue’ authorities

By KATHY GANNON KABUL, Afghanistan (AP) — Afghanistan’s new Taliban rulers set up a ministry for the “propagation of virtue and the prevention of vice” in the building that once housed the Women’s Affairs Ministry, escorting out World Bank staffers on Saturday as part of the forced move. It was the latest troubling sign that the Taliban are restricting women’s rights as they settle into government, just a month since they overran the capital of Kabul. During their previous rule of Afghanistan in...
Tags: Politics, New York, News, Washington, Islamic State, Qatar, Sport, World news, Turkey, Iran, Afghanistan, Unesco, Soccer, Taliban, Pakistan, Dubai


#UAE’s non-oil trade surges in 2020 | ZAWYA MENA Edition

UAE’s non-oil trade surges in 2020 | ZAWYA MENA Edition The value of the UAE’s non-oil foreign trade surged to AED1.403 trillion in 2020, reflecting the robust business momentum of the country’s trade exchanges despite the pandemic's fallout.According to the data released by the Federal Center for Competitiveness and Statistics (FCSA), the UAE commands a coveted position globally and regionally in merchandise trade, with its non-oil exports growing 10.1 percent in 2020 to AED254.6 bn as compar...
Tags: Travel, Japan, Saudi Arabia, China, Germany, Iraq, India, US, Turkey, Italy, Switzerland, Oman, Uae, Rupert Neil Bumfrey



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