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Turkey plans first overseas deepwater energy exploration in Somali waters
January 2nd, 2026 - 05:09 GMT
Osama Ali

Osama Ali

Turkey plans first overseas deepwater energy exploration in Somali waters

ALBAWABA - Turkey is set to embark on its inaugural overseas deepwater energy exploration, with a drilling vessel slated for deployment in Somali waters next month, as revealed by Turkish Energy Minister Alparslan Bayraktar. Bayraktar announced that the drilling ship Cagri Bey will head to Somalia in February to commence offshore exploration. The operation will concentrate on maritime zones along the Somali coast, though specifics regarding potential reserves or the ...
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The announcement by the airline came despite earlier statements by a regional BA official that flights might resume to Sharm El Sheikh in September. (Facebook)
June 22nd, 2016 - 08:30 GMT

Has British Airways abandoned Sharm El Sheikh forever?

Corneliani was founded in 1958 and is one of Italy’s longest standing independent brands. (Corneliani)
June 22nd, 2016 - 07:30 GMT

Bahrain's Investcorp acquires majority stake in Italian luxury menswear brand Corneliani

For Schlumberger, the deal follows more than a year of lackluster momentum in the side of the energy sector it services. (Schlumberger)
June 22nd, 2016 - 06:30 GMT

Egypt: Schlumberger secures $170M Zohr gas field contract

Sudan’s official application to join the most powerful legislative and judicial body regulating international trade has been delayed for more than 22 years for political and economic reasons. (File photo)
June 22nd, 2016 - 05:50 GMT

Sudan moves closer to joining WTO

Staycations allow travellers to focus expenditure on the stay versus the journey. (File photo)
June 21st, 2016 - 12:00 GMT

UAE residents stay to play: 'Staycations' are a rising trend

The IWI Tavor assault rifle, widely exported worldwide, on display at an arms fair. (IWI)
June 21st, 2016 - 11:00 GMT

Israeli lawmakers back bill to restrict sale of arms to 'countries violating human rights'

Oman wants to replicate the success of waterparks in its neighbouring countries. (Shutterstock/Olga Vasilyeva)
June 21st, 2016 - 10:00 GMT

Oman to make a splash with plans for new waterpark in Muscat

Mohammad Al-Mojil Group is one of the largest of Saudi Arabia's construction companies. (Arab News)
June 21st, 2016 - 09:00 GMT

Saudi contractor MMG's entire board resigns after jail sentences, fines

The AfDB is set to loan Egypt a total of $1.5 billion over the course of three years.   (F. Dubessy)
June 21st, 2016 - 08:00 GMT

Egypt appeals to African Development Bank to release $500M loan

A roller coaster at Six Flags Magic Mountain, California. (Go California)
June 21st, 2016 - 07:00 GMT

Six Flags over Saudi: US company announces theme park partnership

The Dubai World Central will host Dubai’s future mega airport Al Maktoum International and Expo 2020. (Skyscraper City)
June 21st, 2016 - 06:00 GMT

UAE approves land ownership for foreigners in Dubai World Central

Al Bawaba
June 21st, 2016 - 05:00 GMT

Hundreds of workers face serious salary delays in Oman

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