Energy transport corridors to Europe boosted by AI and new digital systems

Energy transport corridors to Europe boosted by AI and new digital systems

The Southern Gas Corridor and the rapidly developing Middle Corridor trade routes connecting Asia to Europe through the Caspian region are emerging as strategic energy transport bridges amid global disruptions, but these energy transit systems and their security require urgent investments in logistics connectivity and infrastructure. ADVERTISEMENT ADVERTISEMENT At the Baku Energy Forum, the Southern…

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UAE Grocery Prices Set to Rise as Fuel Costs Climb Amid US-Iran Tensions and Shipping Disruptions

UAE Grocery Prices Set to Rise as Fuel Costs Climb Amid US-Iran Tensions and Shipping Disruptions

Major supermarkets and food distributors have come under mounting pressure since the outbreak of conflict across the Middle East, with supply chains facing challenges from higher freight costs, longer shipping routes and rising fuel prices linked to the crisis. Retailers have spent weeks reworking procurement and logistics strategies to shield consumers from immediate price increases….

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Construction costs jump 20% in 5 months as global crisis jolts

Construction costs jump 20% in 5 months as global crisis jolts

Nigeria’s construction sector is facing mounting pressure after costs surged by 20 percent within five months, driven largely by rising material prices, energy costs, and global supply chain disruptions, a new industry report has revealed. The report, published by Fortren & Company and authored by its Chief Executive Officer, Martin Uche, shows that the sharp…

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Israel, Hezbollah trade blows as diplomats meet in Washington

Israel, Hezbollah trade blows as diplomats meet in Washington

Israel’s air defense systems intercept projectiles launched from Lebanon, as seen from the Upper Galilee in northern Israel, May 31, amid a ceasefire between Israel and Lebanon. EPA-Yonhap BEIRUT, Lebanon — Israel and Hezbollah exchanged fire on Tuesday while Lebanese and Israeli envoys met in Washington for direct talks, with U.S. Secretary of State Marco…

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Huckabee says next US-Israel security pact will end direct aid

Huckabee says next US-Israel security pact will end direct aid

U.S. Ambassador to Israel Mike Huckabee publicly acknowledged for the first time that the next security memorandum of understanding between Washington and Jerusalem will end direct financial assistance to Israel. In a post Monday night on X, Huckabee said the planned agreement would prioritize trade and economic ties over traditional security grants, marking the first…

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