Saudi Arabia has temporarily shut its 1,200-kilometre East-West oil pipeline after a drone attack damaged the vital crude conduit, adding to mounting disruptions to energy flows across the Middle East as the
Leader of the House and Minister Bimal Ratnayake defended the legality of liquor licenses issued by President Ranil Wickremesinghe, asserting that they cannot be revoked without significant legal repercussions. The remarks came
More
The International Maritime Organization (IMO) has inaugurated its new Regional Presence Office (RPO) for the Middle East and North Africa (MENA) region, located in the historic maritime city of Alexandria, Egypt. This
More
The cryptocurrency world has been rocked by the launch of a new meme coin by US President-elect Donald Trump, with both industry figures and critics raising alarms over its rapid rise and
More
The world’s largest oil companies are bracing for a drop in liquefied natural gas (LNG) revenues in 2025 as price volatility in the market diminishes. Following Russia’s 2022 invasion of Ukraine, LNG
More
The United States’ share of global foreign direct investment (FDI) projects surged to a record high in the 12 months leading to November 2024, highlighting the country’s continued economic strength compared to
More
The Akademik Lomonosov, the world’s only operational floating nuclear power plant, has reached a significant milestone by generating over one billion kilowatt-hours (kWh) of electricity, according to Russian state nuclear corporation Rosatom.
More
Qatar Airways has introduced a pioneering digital marketing initiative by launching its first-ever AI-powered virtual cabin crew member, Sama. The virtual assistant was revealed at the ITB Berlin 2024 travel trade show
More
The world’s billionaires have seen their wealth skyrocket by a staggering $2 trillion (£1.64 trillion) in 2024, a growth rate three times faster than the previous year, according to Oxfam’s latest inequality
More
The New Gwadar International Airport, a major infrastructure project under the China-Pakistan Economic Corridor (CPEC), is now officially operational, with its inaugural flight landing on Monday. Pakistan International Airlines (PIA) flight PK-503,
More
The Financial Times reports that Donald and Melania Trump have launched rival memecoins, triggering a whirlwind in the cryptocurrency market as speculation about the new administration’s crypto policies fuels excitement. However, the
More