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Turkish Aerospace Industries CEO Mehmet Demiroglu said Spain plans to purchase 15 additional Hurjet trainer aircraft after signing a deal for 30 of the Turkish-made supersonic jets, with deliveries to the European nation scheduled to begin in 2028.ASELSAN announced that its GOKALP Counter-UAV System successfully destroyed a target drone using a hit-to-kill interceptor during a live demonstration at the company's Ogulbey Technology Base, marking the entry of a fully mobile and cost-effective solution into Türkiye's autonomous air defense portfolio.President Recep Tayyip Erdogan on Friday criticized the existing global order and the United Nations, warning that binding international accords and judicial rulings are increasingly ignored while the UN system lacks legitimacy for failing to reflect the will of the global community.Foreign Minister Hakan Fidan said Thursday that Ankara has finalized preparations to submit the Mecca defense agreement to parliament for approval, stressing that the pact provides for mutual defense and does not authorize attacks or troop deployments to other countries.The Royal Swedish Academy of Sciences on Wednesday awarded the 2026 Nobel Prize in Chemistry to Henri Kagan and Kenso Soai for discoveries explaining how molecular asymmetry essential to life emerges through autocatalysis, resolving a century-old mystery about homochirality with significant implications for drug development.

Turkish Aerospace Industries CEO Mehmet Demiroglu said Spain plans to purchase 15 additional Hurjet trainer aircraft after signing a deal for 30 of the Turkish-made supersonic jets, with deliveries to the European nation scheduled to begin in 2028.ASELSAN announced that its GOKALP Counter-UAV System successfully destroyed a target drone using a hit-to-kill interceptor during a live demonstration at the company's Ogulbey Technology Base, marking the entry of a fully mobile and cost-effective solution into Türkiye's autonomous air defense portfolio.President Recep Tayyip Erdogan on Friday criticized the existing global order and the United Nations, warning that binding international accords and judicial rulings are increasingly ignored while the UN system lacks legitimacy for failing to reflect the will of the global community.Foreign Minister Hakan Fidan said Thursday that Ankara has finalized preparations to submit the Mecca defense agreement to parliament for approval, stressing that the pact provides for mutual defense and does not authorize attacks or troop deployments to other countries.The Royal Swedish Academy of Sciences on Wednesday awarded the 2026 Nobel Prize in Chemistry to Henri Kagan and Kenso Soai for discoveries explaining how molecular asymmetry essential to life emerges through autocatalysis, resolving a century-old mystery about homochirality with significant implications for drug development.

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UAE's Brooge Petroleum to start trading on Nasdaq on Monday

14:56, 22/12/2019, SundayU: Update: 15:04, 22/12/2019, Sunday

REUTERS

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UAE's Brooge Petroleum to start trading on Nasdaq on Monday

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UAE-based Brooge Petroleum and Gas Investment Co (BPGIC) said it will start trading on New York’s Nasdaq stock exchange on Monday, following its merger with U.S. company Twelve Seas Investment Co.

Oil storage company BPGIC completed the merger on Friday, it said in a statement on Sunday, and its valuation now exceeds $1 billion.

The merger and listing were aimed at establishing a global presence with access to liquid markets that could support the company’s expansion plans, BPGIC said.

BPGIC, which was set up in 2013, is one of the largest holders of oil storage assets in Fujairah.

In September, BPGIC awarded a contract to Spain’s SENER engineering group to build an oil refinery in Fujairah, located just outside the Strait of Hormuz, a key shipping lane.

The plant will produce bunker fuel that complies with new international laws capping sulfur content in shipping fuels.

Titles :Brooge Petroleum Nasdaq oil