#SaudiArabia scales back its ambitions for #Neom, the biggest of MBS’s megaprojects.
By 2030, the government at one point hoped to have 1.5 million residents in The Line. Now, officials expect the figure to be under 300,000.
https://t.co/9pmZERC73a @ZainabFattah@MattMartin128
Salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off drones. This is what it takes to rescue a Houthi-hit ship https://t.co/d5eFEyqVTE | By @V_Ratcliffe
For many in Cairo, a mammoth international aid package for #Egypt lays bare just how far the biggest Arab nation has fallen by @S_Elwardany https://t.co/GSayN3qK3Z via @economics
LATEST: #Egypt is betting that an agreement with the IMF to resolve a foreign currency crisis will help it settle money owed to foreign #oil companies https://t.co/ZYubtGdsBz via @markets@S_Elwardany@rakteem
Qatar agrees to reduce liquefied natural gas prices in a long-term contract with Indian company Petronet LNG, part of a wider effort by the Persian Gulf producer to lock-in customers for its massive output expansion https://t.co/LeKcZ3siQv
The capture of a Libyan tanker in Albanian waters opened a window on a $5 billion trade in smuggled fuel — much of it coming from Russia. https://t.co/FuM9a7vNhk | By @oanhha
Here's the story in print
Many consumers in the Middle East are shunning foreign brands -- like Starbucks, Coke and McDonald's -- as the repercussions from the Israel-Hamas war continue to spread. It's a boon for local rivals https://t.co/wYn9ALf6YJ
Saudi Aramco, the world’s largest oil company, is continuing to send tanker loads of crude and fuels through the southern Red Sea https://t.co/7XAQaW9fXL | by @MattMartin128 and @A_DiPaola17
Saudi Aramco is seeking deals in refining and chemicals in Asia as it looks to rapidly expand the business and secure long-term buyers for its crude https://t.co/SRuWIWJVEh | By @MattMartin128
The US and UK were set to impose coordinated sanctions on the Houthi in Yemen, a fresh bid to crimp the group’s finances following repeated attacks on ships passing through the Red Sea https://t.co/CJXubeVJDi
Qatar, one of the world’s biggest LNG exporters, is delaying some shipments to Europe as conflict in the Red Sea forces longer voyages https://t.co/xlvuWOHSKY | By @SStapczynski and @ruthcoverslng
The major wave of LNG facilities coming online starting this year will reshape the energy landscape for decades https://t.co/Eq2gnnwsk4 | By @SStapczynski@ruthcoverslng@a_shiryaevskaya
Firsthand accounts of the terrifying, dayslong journey through the Red Sea, where Houthi militants are waging war on commercial vessels https://t.co/W4RjAMyLmP | @aaronaclark1@JWittels
If history is a guide, the second year of an El Niño is usually warmer than the first. That means this year could be even hotter than record-breaking 2023 https://t.co/dSIS4sgNHs via @climate
The UAE will stick by its decision to establish warmer relations with Israel even as the war in Gaza leaves Arab governments under mounting pressure to sever ties https://t.co/qRFpg6351N | By @ZainabFattah
London faces the prospect of taps running dry in the coming decades. Thames Water says the answer is a huge £2.4bn reservoir. But opponents say they just need to fix the leaks, while the utilities finances are coming under growing scrutiny. Read more below https://t.co/iQRKsCuBJn
Russian billionaire Andrey Melnichenko has a plan to stem emissions from the thawing Siberian permafrost: recreate a time when woolly mammoths roamed the tundra https://t.co/AYjYqAxvmc via @climate