Wednesday , 24 December 2025

Recent Posts

UAE teams begin rescuing 75,000 people affected by Pakistan floods

ISLAMABAD / WAM Upon the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and with the support of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the monitoring of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of …

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Oil moves back above $40 with equity gains, technical support

Bloomberg Oil in London moved back above $40 a barrel, as markets broadly rebounded from Tuesday’s sharp selloff. Futures rise 1.1% after a precipitous slump a day earlier that saw prices settle below $40 for the first time since June 15. While crude rallied along with other risky assets, it also found technical support on Wednesday. Brent dropped a few …

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Startup making diesel from plastic tops $1b value

Bloomberg Quantafuel AS, a Norwegian company turning plastic waste into motor fuels, jumped the most ever in Oslo trading after finally starting operations at its first plant. The company, which was founded in 2014, has more than tripled in value since listing on Oslo’s Merkur Market in February. It’s now valued at more than $1 billion. Quantafuel started production at …

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