What You Need to Know About the Middle East, Oct. 31

The video provides an update on key Middle East stories. OPEC's failure to reach an agreement with non-OPEC members like Brazil, Oman, and Russia has led to a continued fall in oil prices. Internal divisions over Iran and Iraq's roles hindered a broader agreement, with further discussions planned for late November. Turkey's economic data is under scrutiny as it attempts to boost spending to counter a slowdown. A reported budget surplus turns into a deficit under IMF standards, with a record gap of $12 billion in August. The discrepancy means Turkey won't achieve a surplus until at least 2019. Meanwhile, Qatari telecom company OREDO reported third-quarter earnings below analyst estimates, though revenue exceeded forecasts, and shares have risen over 25% this year.

What were the reported net earnings of OREDO for the third quarter?

What was the percentage increase in shares for OREDO this year?