Dubai / Gulf Time HSA Group, Yemen’s largest private company, has announced a $1.2 million donation to support the United Nations’ (UN) efforts to avert a major humanitarian, economic, and ecological disaster in the Red Sea. The donation is the first committed by a private sector organisation. The FSO SAFER oil tanker is one of the world’s largest shipping ...

Bloomberg Shell Plc, ExxonMobil Corp., Chevron Corp. and Equinor ASA plan to withdraw multibillion-dollar lawsuits against Nigeria’s state energy company after finalizing new terms for deep-water oil production in Africa’s largest crude producer. In letters to two New York federal judges, the oil majors said they had agreed to settle with the Nigerian National Petroleum Co. and will terminate ongoing ...

  Bloomberg Pakistan’s military-backed establishment faces a dilemma: The more they seek to boot Imran Khan out of politics, the greater the risk he becomes even more popular. Since his ouster in a no-confidence vote in April, Khan has sought to rally his supporters in the world’s fifth-most populous country to hit the streets and push for a fresh national ...