Islamabad: The World Bank’s Board of Executive Directors approved US$375.9 million in financing for Pakistan’s Grid Stability Enhancement Project, to strengthen its national power transmission network under the Boosting Energy Security through Transmi…
London: Oil prices experienced a decline of 2% at settlement. Brent crude futures decreased by $1.72, or 2.2%, settling at $76.30 per barrel. Meanwhile, US West Texas Intermediate crude futures also fell by $1.44, or 1.96%, closing at $72.08 per barre…
Shanghai: ADNOC Logistics and Services plc (ADNOC L and S) today announced a newbuilding order for an additional four next-generation LNG carriers valued at approximately US$900 million (AED3.3 billion). Each vessel will have a capacity of 175,000 m³,…
Kuala lumpur: Dr. Ali Rashid Al Nuaimi, Chairman of the Defence, Interior, and Foreign Affairs Committee at the Federal National Council (FNC), recently engaged in discussions with Datuk Jonathan bin Yasin, Chairman of the Special Select Committee on …