Turkey
Two executives of former crypto investment platform arrested for fraud in Istanbul
Two executives from a former crypto investment platform accused of fraud were arrested in Istanbul earlier this year, Turkish media reported.
The summit of gas-exporting countries kicked off its proceedings in Algiers on Saturday with the participation of numerous leaders, including Iran's Ebrahim Raisi and Qatar's Emir Tamim bin Hamad al-Thani, amid persistent tensions in the markets.
Ebrahim Raisi
The summit of gas-exporting countries kicked off its proceedings in Algiers on Saturday with the participation of numerous leaders, including Iran's Ebrahim Raisi and Qatar's Emir Tamim bin Hamad al-Thani, amid persistent tensions in the markets.
In his opening address, Algerian President Abdelmadjid Tebboune stated that this summit is "an opportunity to have a common vision that preserves the interests of both producers and consumers." He added that natural gas "plays an essential role in achieving sustainable development and meeting the growing global energy needs."
A significant growth in gas demand is projected for 2024 compared to 2023, supported by forecasts of colder temperatures and falling prices, according to the latest report from the International Energy Agency (IEA).
Algeria is "working to collaborate with all parties," asserted the Algerian leader, emphasizing that "the challenges today require us to promote dialogue and multilateral work." Natural gas "is an abundant, affordable, and environmentally friendly energy source," and Algeria "supports the integration of renewable energy sources," Mr. Tebboune further stated.
The day before, a ministerial meeting brought together representatives from members of the Gas Exporting Countries Forum (GECF).
Established in 2001, the GECF comprises 12 countries: Algeria, Qatar, Russia, Iran, Bolivia, Egypt, Equatorial Guinea, Libya, Nigeria, Trinidad and Tobago, Venezuela, and the United Arab Emirates.
According to the GECF, its members and seven other associated countries represent 70% of proven gas reserves and 51% of global liquefied natural gas (LNG) exports.
Two executives from a former crypto investment platform accused of fraud were arrested in Istanbul earlier this year, Turkish media reported.
Algerians voted on Saturday in an election in which military-backed President Abdulmadjid Tebboune is widely expected to win a second term, but early turnout figures suggested little enthusiasm among voters.
Abu Dhabi's Mubadala Investment Company applied to Turkey's Competition Board to take sole control of Turkish grocery delivery company Getir Perakende Lojistik, a statement on the board's website showed on Friday.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.