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UAE continues Ramadan Mir campaign in Yemen

HADRAMAUT / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC) is continuing its Ramadan Mir campaign in Yemen, upon the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Under this framework, the ERC distributed 1,000 food parcels weighing 42.8 tonnes ...

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World’s most controversial gas pipeline nears ‘endgame’

Bloomberg Construction of the world’s most controversial natural gas pipeline is about to enter the endgame of an energy dispute that’s pitted the US against Russia and some of its closest trans-Atlantic allies, satellite images show. The Nord Stream 2 pipeline, built to increase the flow of Russian gas into Europe’s biggest economy, was thwarted five months ago after US ...

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Quantum eyes $5.5b for new fund amid energy-market rout

Bloomberg Quantum Energy Partners is in discussions to raise roughly $5.5 billion for a new fund designed to pounce on opportunities that arise amid turmoil in energy markets, according to people with knowledge of the matter. The Houston-based private equity firm, which sold a minority stake to Neuberger Berman’s Dyal Capital Partners, has begun discussing the new fund with prospective ...

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