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IMF seeks to boost Egypt ahead of possible entry of Gaza refugees

23 February 2024; MEMO: Talks with Egypt to boost its International Monetary Fund loan programme are making excellent progress, the IMF said yesterday, saying that Egypt needs a “very comprehensive support package” to deal with economic challenges, including pressures from the war in Gaza, Reuters reports.

Yemen Houthis keep up pressure with near miss on US-flagged tanker

26 February 2024; MEMO: Yemen’s Houthis fired a missile that likely targeted the “Torm Thor” in the Gulf of Aden on 24 February, but missed the US-flagged oil tanker, the US Central Command (CENTCOM) said on Monday, as the group steps up attacks on ships, Reuters reports.

Trade between Turkiye, South Africa booming: Envoy

26 February 2024; MEMO: Trade and investments between Turkiye and South Africa are booming, with an increase reported annually, Turkey’s Ambassador to Pretoria said Monday, Anadolu Agency reports.

“The total volume of Turkish investments in South Africa is $32 million. In 2022, it was $ 31 million, which is an increase,” Aysegul Kandas told Anadolu in an interview at her office in the capital, Pretoria.

Saudi Arabia: MBS praises coordination with Russia as helping ‘remove tensions in the Middle East’

7 December 2023; MEMO: Saudi Arabia’s Crown Prince, Mohammed Bin Salman, has praised the Kingdom’s relationship and coordination with Russia as having “helped remove tensions in the Middle East”, as the two oil giants continue to advance relations and steer global oil markets.

Google removes Israel boycott app

5 December 2023; MEMO: Google has removed a mobile app from its store that helps people boycott companies linked to Israel.

The @NoThanks boycott account on social media confirmed that its NoThanks app was temporarily removed because its description contained a sentence about determining if “your hand supports killing children in Palestine or not.”

Turkiye extends LNG deal with Algeria during Erdogan visit

23 November 2023; MEMO: Turkiye has signed an agreement to extend its liquefied natural gas (LNG) deal with Algeria for three years, according to a report by Reuters yesterday. State energy firm Botas signed the agreement to extend its existing gas supply contract with Algerian state oil and gas company Sonatrach during an official visit to Algiers by Turkish President Recep Tayyip Erdogan.

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