United Arab Emirates

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Türkiye nabs Israeli rabbi's murder suspects in Istanbul

Turkish authorities have apprehended three main suspects in the murder of an Israeli-Moldovan rabbi in Dubai as they fled to Istanbul, according to security sources.

Tzvi Kogan, a 28-year-old United Arab Emirates-based rabbi, was found dead last week, following what Israel's prime minister called "an abhorrent anti-Semitic terrorist attack."

Number of displaced people nears 1.9 mln in Lebanon

The number of displaced people in Lebanon due to Israel-Hezbollah conflict has surged to nearly 1.9 million since last October, shows a report by the Lebanon's Council of Ministers.

Since Sept. 23, when Israel escalated its attacks, a total of 624,898 individuals—over 390,000 of Syrian origin—have crossed from Lebanon into Syrian territory in search of refuge, the report said.

Investments of $126 billion in floating production units for oil and LNG are expected by 2030

Nearly 120 floating production systems could be ordered in the next five years, according to Scottish consultancy Energy Maritime Associates (EMA).

Floating production systems (FPS) first emerged in the 1970s as an option for the production of hydrocarbons discovered at greater ocean depths, surpassing the viability of fixed platform installations.

Eight OPEC+ members extend oil supply cuts until year end

Eight members of the OPEC+ group of oil-producing nations have said they were extending supply cuts until the end of December.

The move is aimed at boosting oil prices amid uncertain demand and accelerating supply, with an eye on the imminent U.S. presidential election, though analysts predict a limited impact.

Coordination committee to be set up for Development Road Project

The transport ministers of Iraq, Türkiye, Qatar and the United Arab Emirates (UAE) have agreed to establish a coordination committee to jointly manage the Development Road Project and have reached an agreement on a memorandum declaration, an official said.

The ministers met in Baghdad on Oct. 31.

US Sanctions Three Bulgarian Companies Over Alleged Support for Russian Military

Three Bulgarian companies have been sanctioned by the United States for providing support to Russia's military industry. According to lists released by the US Department of State and Treasury, the companies supplied aviation components and other goods used in Russia's ongoing military operations in Ukraine, as reported by BNR.

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