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HABER PAPER / NEWSROOM

World economy and business news — Page 71

Developments in the world economy, international trade, finance, energy, agriculture and food supply. Source-linked reporting appears in this section. Page 71.

2043 stories

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2 min readWith data

AgricultureEvent / data period:

Jordan reviews design for 52-km King Abdullah Canal rehabilitation

The Jordan Valley Authority reviewed design criteria for rehabilitation of about 52 km of canal, funded by Germany’s BMZ through KfW. The work remains at design review; cost, construction timing and water savings were not reported.

Source: Jordan Valley Authority, reported by Petra
3 min readWith data

EconomyEvent / data period:

World Bank estimates Nigeria’s poverty rate at 63% in 2026

The World Bank’s 8 October Poverty and Equity Brief says Nigeria’s national poverty rate rose from 40.1% in 2019 to 56.2% in 2023 and is estimated at 63% for 2026. The latest figure is a forward estimate, not a new household survey.

Source: World Bank
2 min readWith data

EnergyEvent / data period:

Saudi Arabia and UAE plan feasibility studies for rail and electricity links

Saudi Arabia and the UAE signed a memorandum providing for technical and economic studies on rail connectivity, electricity interconnection and power exchange. Environmental feasibility is also included for electricity links; the agreement announces no construction decision, financing or delivery timetable.

Source: Emirates News Agency (WAM)
2 min readWith data

AgricultureEvent / data period:

Sudan agriculture minister cites a 31 million-feddan summer-season target

The 8 October briefing separates roughly 5.8 million tonnes of output in the previous season from current-season area estimates and reported farm financing.

Source: Sudan News Agency (SUNA), reporting the Minister of Agriculture and Irrigation
2 min readWith data

EnergyEvent / data period:

Egypt, Cyprus and Greece discuss gas resources and links to Europe

The three countries’ petroleum ministers discussed East Mediterranean resource development and infrastructure for access to European markets at an EMGF high-level roundtable. Egypt’s ministry highlighted the countries’ complementary roles.

Source: Egyptian Ministry of Petroleum and Mineral Resources
2 min readWith data

EnergyEvent / data period:

Equinor revises Snøhvit Future cost estimate to NOK 26.5 billion

Equinor reported a revised NOK 26.5 billion cost estimate for Snøhvit Future in 2026 value on 7 October. Its schedule remains unchanged, with onshore compression planned for 2029 and electrification for 2030.

Source: Equinor — Updated cost estimate for the Snøhvit Future project
2 min readWith data

EconomyEvent / data period:

Iraq and World Bank discuss a five-year country partnership

Iraq’s Planning Ministry and the World Bank discussed preparation of a five-year country partnership strategy. The notice confirms a consultation, not a finalized strategy, project financing or timetable.

Source: Iraq Ministry of Planning
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