Rakteem Katakey
@rakteem
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Middle East Energy and Commodities Team Leader for Bloomberg News. Dubai via London and India. RTs just that. views my own. [email protected]
Dubai
Joined April 2010
Torrential rains across the UAE prompted flight cancellations, forced schools to shut and brought traffic to a standstill
bloomberg.com
Torrential rains across the United Arab Emirates prompted flight cancellations, forced schools to shut and brought traffic to a standstill.
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#SaudiArabia scales back its ambitions for #Neom, the biggest of MBS’s megaprojects. By 2030, the government at one point hoped to have 1.5 million residents in The Line. Now, officials expect the figure to be under 300,000. https://t.co/9pmZERC73a
@ZainabFattah @MattMartin128
bloomberg.com
Saudi Arabia has scaled back its medium-term ambitions for the desert development of Neom, the biggest project within Crown Prince Mohammed bin Salman’s plans for diversifying the oil-dependent...
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Salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off drones. This is what it takes to rescue a Houthi-hit ship https://t.co/d5eFEyqVTE | By @V_Ratcliffe
bloomberg.com
A salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off combat drones. And seafarers navigating through the looming risks of encountering Somali...
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For many in Cairo, a mammoth international aid package for #Egypt lays bare just how far the biggest Arab nation has fallen by @S_Elwardany
https://t.co/GSayN3qK3Z via @economics
bloomberg.com
From selling meat in grams to buying fruit by the piece, Egyptians are bracing for more hardship as prices keep rising after another currency devaluation.
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LATEST: #Egypt is betting that an agreement with the IMF to resolve a foreign currency crisis will help it settle money owed to foreign #oil companies https://t.co/ZYubtGdsBz via @markets @S_Elwardany @rakteem
bloomberg.com
Egypt is betting that an agreement with the International Monetary Fund to resolve a foreign currency crisis will help it settle dues it has run up with foreign oil companies.
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Cash for Vitol Bribes Was Handed Over in Houston Parking Lot https://t.co/frMoH8u3go via @business
bloomberg.com
Thousands of dollars in bribe payments from oil trader Vitol Group were handed over to a Mexican oil official in a Houston parking lot, a federal jury in Brooklyn, New York, heard on Monday.
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Qatar agrees to reduce liquefied natural gas prices in a long-term contract with Indian company Petronet LNG, part of a wider effort by the Persian Gulf producer to lock-in customers for its massive output expansion
bloomberg.com
Qatar agreed to reduce liquefied natural gas prices in a long-term contract with Indian company Petronet LNG Ltd., part of a wider effort by the Persian Gulf producer to lock-in customers for its...
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The capture of a Libyan tanker in Albanian waters opened a window on a $5 billion trade in smuggled fuel — much of it coming from Russia. https://t.co/FuM9a7vNhk | By @oanhha
bloomberg.com
The capture of a Libyan tanker in Albanian waters opened a window on a $5 billion trade in smuggled fuel — much of it coming from Russia.
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Here's the story in print Many consumers in the Middle East are shunning foreign brands -- like Starbucks, Coke and McDonald's -- as the repercussions from the Israel-Hamas war continue to spread. It's a boon for local rivals
bloomberg.com
Many consumers are shunning foreign brands as the Israel-Hamas conflict’s repercussions spread.
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A Conversation About Middle East Boycotts Hitting Global Brands https://t.co/8HOr6RYf5r | @S_Elwardany and @LeenAlRashdan
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Saudi Aramco, the world’s largest oil company, is continuing to send tanker loads of crude and fuels through the southern Red Sea https://t.co/7XAQaW9fXL | by @MattMartin128 and @A_DiPaola17
bloomberg.com
Saudi Aramco, the world’s largest oil company, is continuing to send tanker loads of crude and fuels through the southern Red Sea, where Houthi militants have for months been menacing merchant ships...
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Saudi Aramco is seeking deals in refining and chemicals in Asia as it looks to rapidly expand the business and secure long-term buyers for its crude https://t.co/SRuWIWJVEh | By @MattMartin128
bloomberg.com
Saudi Aramco, the world’s biggest oil exporter, is seeking refining and chemicals deals in Asia as it looks to rapidly expand the business and secure long-term buyers for its crude.
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The US and UK were set to impose coordinated sanctions on the Houthi in Yemen, a fresh bid to crimp the group’s finances following repeated attacks on ships passing through the Red Sea
bloomberg.com
The US and UK imposed sanctions Thursday on four senior Houthi militants as the Iran-backed group continues its attacks on vessels passing through the Red Sea.
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Qatar, one of the world’s biggest LNG exporters, is delaying some shipments to Europe as conflict in the Red Sea forces longer voyages https://t.co/xlvuWOHSKY | By @SStapczynski and @ruthcoverslng
bloomberg.com
Qatar, one of the world’s biggest liquefied natural gas exporters, is delaying some shipments to Europe as the crisis in the Red Sea forces longer travel times.
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The major wave of LNG facilities coming online starting this year will reshape the energy landscape for decades https://t.co/Eq2gnnwsk4 | By @SStapczynski @ruthcoverslng @a_shiryaevskaya
bloomberg.com
The biggest wave ever of liquefied natural gas megaprojects is about to ramp up as the sector bets on its place in the clean-energy transition.
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Firsthand accounts of the terrifying, dayslong journey through the Red Sea, where Houthi militants are waging war on commercial vessels https://t.co/W4RjAMyLmP | @aaronaclark1 @JWittels
bloomberg.com
Even at top speed, the journey through one of the world’s main shipping lanes is lengthy and terrifying.
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If history is a guide, the second year of an El Niño is usually warmer than the first. That means this year could be even hotter than record-breaking 2023 https://t.co/dSIS4sgNHs via @climate
bloomberg.com
If history is any guide, the second year of an El Niño is usually warmer than the first.
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The UAE will stick by its decision to establish warmer relations with Israel even as the war in Gaza leaves Arab governments under mounting pressure to sever ties https://t.co/qRFpg6351N | By @ZainabFattah
bloomberg.com
The United Arab Emirates will stick by its decision to establish warmer relations with Israel even as the Jewish state’s war against militant group Hamas leaves Arab governments under mounting...
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London faces the prospect of taps running dry in the coming decades. Thames Water says the answer is a huge £2.4bn reservoir. But opponents say they just need to fix the leaks, while the utilities finances are coming under growing scrutiny. Read more below https://t.co/iQRKsCuBJn
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Russian billionaire Andrey Melnichenko has a plan to stem emissions from the thawing Siberian permafrost: recreate a time when woolly mammoths roamed the tundra https://t.co/AYjYqAxvmc via @climate
bloomberg.com
Andrey Melnichenko, a Russian billionaire who made a fortune in coal and fertilizer then found himself sanctioned after the invasion of Ukraine, now has a plan to stem methane emissions from the...
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