Author: Saalim al-Dajani

The new distillery will increase Wild Turkey’s production capacity from nine million proof gallons to 14m proof gallons. It will be located adjacent to the existing Wild Turkey distillery in Lawrenceburg. Furthermore, the project will expand the waste treatment dry house process to increase processing capacity, doubling the current dry house and waste treatment output. Campari Group will also upgrade the current barrel filling operation to handle the increased volumes. The project provides more than US$300m in operation and expansion investments from Campari Group since its acquisition of Wild Turkey in 2009. The new site is expected to break ground…

Turkey’s top economic official has come up with a novel suggestion to address persistent food inflation: eat more lamb. Treasury & Finance Minister Nureddin Nebati advised citizens to switch up their eating habits, highlighting that lamb is cheaper than beef and better suited to Turkey’s geography. Turkey’s taste buds have evolved, he said, adding that young people have developed a distaste for lamb due to its smell. “Lamb is cheaper than beef, but it’s not favored, the minister said in an interview on Haber Global TV late Tuesday. Lamb consumption should be encouraged, he added. In addition to consumers, surging…

The surprise decision by OPEC+ to increase its production cuts sent oil prices soaring, and it is set to have a particularly profound effect on Middle Eastern oil. The surprise OPEC+ cuts not only lifted international oil prices but also strengthened the bullish futures structure of the main Middle Eastern benchmarks, off which the major Gulf producers price their crude going to Asia. The Dubai crude and the Dubai swaps have jumped and narrowed the gap with the price of Brent Crude after the shock OPEC+ announcement. Analysts are not ruling out the possibility that Dubai crude could move into…

In the last article in the series on influential Egyptian women, Ahram Online sheds light on the life of Nabaweya Moussa, known as the First Educator 16 March marks Egyptian Women’s Day for a good reason. On this day in 1919, 300 Egyptian women led by Huda Shaarawi marched against British occupation. One woman, Hamida Khalil, was killed, making her the first female martyr that day. On that same day four years later, Shaarawi led the march to form Egypt’s first feminist movement. The march progressed from then on. This year, Ahram Online celebrates Egyptian Women’s Day in collaboration with…

Has Dr. Rania Majeed, Prime Minister Barzani’s gatekeeper and close personal confidante, royally destroyed the Kurdish Regional Government’s (KRG) primary source of income – its lucrative oil contracts? Majeed, who is known inside of KRG and among government insiders as the “untouchable” and – according to the article KRG oil in control of three women – fiercely loyal right hand to Barzani reportedly manages relationships and highest priority objectives on Barzani’s political and personal agendas. Based on the importance of these contracts to the KRG’s financial stability, Majeed likely played an instrumental role in the recent negotiations between Baghdad and…

Qatar – The Investment Promotion Agency Qatar (IPA Qatar) has launched Invest Qatar Gateway, the first digital platform for investors in Qatar. In a statement on Tuesday, the agency said that this platform provides a free online resource for foreign investors and companies in Qatar, facilitates the search for new business partners, business opportunities in the public and private sectors, and resources to support the growth of businesses in Qatar. Via the platform, investors can also explore current tenders and connect with other members on the platform as well as the IPA Qatar Investor Relations team for direct support on…

Qatar Airways’ Privilege Club keeps piling on the perks for frequent flyers, with the planned March 31 end of those rolling status extensions now being pushed back to December 31, 2023. The airline has confirmed to Executive Traveller that Privilege Club will see a ‘status surprise’ via email and automatic updating of their Qatar Airways smartphone app showing Platinum, Gold and Silver status now locked in until years’ end – despite not earning sufficient Qpoints to warrant any extension. This generous gift of gratis status also encompasses those who applied for Qatar Airways’ popular status match promotion back in May-June 2020, which targeted members…

China’s annual parliament opens on Sunday and will implement the biggest government reshuffle in a decade as Xi Jinping tightens control while contending with a host of challenges, from an uneven post-COVID economic recovery to cratering US relations. Nearly 3,000 delegates will gather in the Great Hall of the People west of Tiananmen Square for the first National People’s Congress (NPC) of the post-zero-COVID era, although some precautions remain including testing and quarantine for journalists. The rubber-stamp NPC will confirm Xi’s new economic team after China’s most powerful leader since Mao Zedong cemented a norm-breaking third term and stacked the…

Secretary of State Antony Blinken is heading to Central Asia hoping that greater US engagement will reassure former Soviet republics rattled by the Ukraine war, although Russia’s historic clout limits the extent of cooperation. Days after the anniversary of the Ukraine invasion, the top US diplomat will hold talks Tuesday in Kazakhstan and then Uzbekistan and meet jointly with foreign ministers of all five ex-Soviet Central Asian states in Kazakhstan’s capital Astana. Donald Lu, the top US diplomat for South and Central Asia, said the United States was realistic that the five nations were not going to end their relationships…

A significant increase in real estate-related projects during the past year with mega-events hosted in the country has resulted in a rising number of global investments. During the past few months, Qatar witnessed a rising number of tourists including investors and entrepreneurs embarking on Doha, which was recently named ‘Arab Tourism Capital 2023’. This has given a lot of opportunities to strengthen trade relations and boost Qatar’s economy. In an interview with The Peninsula, Ahmad Al Khanji, Chief Executive Officer at Hapondo Real Estate firm, an online homegrown platform providing insights into real estate and housing properties said: “The second factor…