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Riyadh wins bid to host 2030 World Expo
Saudi Arabia’s Riyadh was chosen to host the 2030 World Expo, the Bureau International des Expositions (BIE) announced on Tuesday. Riyadh needed only one round of voting and secured the necessary two-thirds majority of member States at the general assembly of Paris-based BIE. Riyadh won 119 votes, South Korea’s Busan 29, and Italian capital Rome […]
China’s Addax exits four Nigerian oil blocks as NNPCL inks asset transfer agreement
Sinopec’s Addax Petroleum Development (Nigeria) Ltd has exited four Nigeria oil blocks OMLs 123/124, 126/137 as the Nigerian National Petroleum Company (NNPC) Ltd on Tuesday (1 October) signed a Memorandum of Understanding (MoU) on the Transfer, Settlement and Exit Agreement (TSEA). Addax began operations in Nigeria in 1998 by signing Production Sharing Contracts (PSCs) with […]
Palestine Gaining Ground for Statehood Recognition
After Palestine was recognized by Sweden as a State and after several European parliaments urged their respective countries, mainly Great Britain, France, Spain, and Ireland, to recognize its right to statehood, the European Parliament adopted on Wednesday a resolution supporting the recognition of Palestinian statehood and the two state solution. The resolution states that the […]



