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Saudi Arabia Purchase Turkish Drones During Erdogan’s Visit

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Saudi Arabia Purchases Turkish Drones During Erdogan's Visit

Saudi Arabia has agreed to purchase Turkish drones, one of several profitable contracts President Recep Tayyip Erdogan secured for Turkey’s struggling economy as Ankara benefits from his recent diplomatic push to mend ties with Gulf Arab powers.

President Erdogan arrived in Saudi Arabia on Monday, accompanied by an entourage of around 200 businesspeople, according to the Foreign Economic Relations Board of Turkey, as part of a three-stop tour of the region.

Erdogan and Saudi Crown Prince Mohammed bin Salman attended the signing ceremony between Turkish defense firm Baykar and the Saudi defense ministry, as reported by the Saudi state news agency SPA.

Saudi Arabia will acquire the drones “with the aim of enhancing the readiness of the kingdom’s armed forces and bolstering its defense and manufacturing capabilities”, Defence Minister Prince Khalid bin Salman Al Saud said in a tweet on Tuesday.

Erdogan’s visit comes as Turks are hit with sales and fuel tax hikes that Finance Minister Mehmet Simsek has said are necessary to restore fiscal discipline and bring inflation down.

The official annual inflation rate dropped from a peak of 85% in October to 38% last month.

In the first five months of this year, Turkey’s current account deficit hit historic highs, totaling $37.7 billion. Erdogan is hoping that the oil- and gas-rich Gulf states would help close the gap.

The Turkish lira fell to a historic low against the dollar on Tuesday as investor attention turned to the central bank’s policy-setting meeting on Thursday, where it is once more anticipated to raise interest rates.

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International News

Deadly Fire Engulfs Kenyan Girls’ School Dorm, 16 Confirmed Dead

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A devastating fire has swept through a girls’ boarding school in central Kenya, leaving at least 16 students dead and dozens more injured in one of the country’s worst school tragedies in recent years.

The incident occurred in the early hours of Thursday at Utumishi Girls Academy, located in Nakuru County, roughly 120 kilometres north of Nairobi. Authorities said the fire broke out around 1:00 a.m. while about 220 students were asleep inside the dormitory.

ALSO READ: Over 1,000 Kenyans Tricked Into Fighting For Russia In Ukraine

Emergency responders, including the Kenyan Red Cross and local security agencies, rushed to the scene and evacuated survivors.

At least 73 students have been hospitalised with varying degrees of burns and smoke inhalation, while rescue operations and search efforts continued into the morning.

Police sources said the cause of the fire remains unknown, and investigations have been launched to determine what triggered the deadly blaze.

The affected dormitory has since been cordoned off as forensic teams examine the scene.

Parents gathered anxiously outside the school as authorities worked to account for all students. Officials have urged calm, assuring that full details will be released once investigations are completed.

The tragedy adds to a troubling history of school dormitory fires in Kenya, where boarding schools remain common.

In previous years, similar incidents have raised serious concerns about safety standards and emergency preparedness in educational institutions.

Government officials are expected to revisit school safety regulations following the latest disaster.

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International News

New US Strike on Iran Sends Oil Prices Soaring as Middle East Tensions Escalate

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Global oil prices climbed sharply on Thursday following reports of a new United States military strike on Iran, raising fresh concerns over stability in the Middle East and possible disruptions to global energy supplies.

Brent crude rose significantly in early trading, while West Texas Intermediate also recorded gains as investors reacted to renewed hostilities and uncertainty around the fragile ceasefire in the region.

ALSO READ: Renewed US-Iran Tensions Drag Oil Price Northwards

According to reports, the latest US action included targeted strikes on Iranian positions following a series of drone and maritime incidents in and around the Strait of Hormuz.

The US military described its operations as “measured and defensive,” aimed at preventing further escalation and protecting strategic interests in the region.

The developments triggered immediate reactions across global financial markets, with Asian stocks mostly declining amid fears that prolonged conflict could disrupt oil shipments through the Strait of Hormuz — a critical route for nearly a fifth of global crude supply.

Market analysts warn that sustained instability could push energy prices even higher, fueling inflationary pressures worldwide and potentially forcing central banks to maintain tighter monetary policies.

In Asia, major indices recorded losses, while tech-driven gains in select markets were overshadowed by broader investor caution. Safe-haven assets strengthened slightly as traders moved away from riskier positions.

Economists say the situation remains highly volatile, with conflicting signals from Washington and Tehran adding to uncertainty.

Any further escalation, they caution, could send oil prices even higher and deepen global economic pressure.

For now, investors are closely watching diplomatic developments and military activity in the region, as the world braces for possible further shocks to energy markets.

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U.S. Issues Highest-Level Travel Warning for Uganda Over Deadly Ebola Outbreak

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The United States has issued its strongest travel advisory against Uganda, warning citizens to completely avoid travel to the country due to an ongoing outbreak of Ebola virus disease.

In the updated alert, the United States Department of State upgraded Uganda’s travel status to Level 4, the highest risk classification, which is widely understood as a “Do Not Travel” warning.

The decision was based on serious health threats and the rapid spread of the virus in affected areas.

RELATED NEWS: Ebola Virus Outbreak: Uganda Reports New Cases, Total Reaches 7

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Authorities also warned of the risk of cross-border transmission, noting that continued movement across neighbouring countries could worsen the situation despite ongoing containment efforts.

Previously, the Centers for Disease Control and Prevention had placed Uganda under a lower-level health advisory, advising travellers to take standard precautions.

However, a surge in infections and deteriorating conditions led to the tightening of restrictions.

Meanwhile, Ugandan authorities have stepped up emergency response measures, including stricter border surveillance, movement restrictions in affected zones, and reductions in public transportation and market activities in high-risk areas.

Health agencies remain on high alert as the outbreak continues to raise concern over possible regional spread across East Africa.

 

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