TRIUMPH: Team Trump Tramples UN Carbon Tax on Shipping

What a bunch of BAD ASSES. There. I said it. Yesterday I told y'all about the ee-ville intentions of an auxiliary arm of the United Nations that regulates international shipping, formulating regulations and rules, the International Maritime...

Ryan Seacrest under fire for taking job as keynote speaker at a Saudi Arabian festival as fans brand him a ‘sell-out’

RYAN Seacrest is facing backlash after agreeing to serve as keynote speaker at a Saudi Arabian entertainment event linked to the country’s controversial government. The American Idol host sparked outrage online after appearing at the Joy Forum...

London Police Chief Plans Saudi Partnership to Fight Fraud, Cybercrime

City of London Police Commissioner Peter O’Doherty has outlined plans for a strategic partnership with Saudi Arabia aimed at strengthening centralized reporting of fraud and cybercrime. He also noted that British authorities have approved a new...

Saudi Cultural Fund Injects SAR 3 Billion to Boost Cultural Investments

RIYADH, Saudi Arabia, Oct. 15, 2025 (GLOBE NEWSWIRE) — The Cultural Development Fund (CDF), Saudi Arabia’s key financial enabler of the cultural sector, has announced a suite of new funds and financial products exceeding SAR 3 billion (USD 933...

US blocks a global fee on shipping emissions

The United States has succeeded in blocking a global fee on shipping emissions, as the International Maritime Organization (IMO) meeting adjourned Friday without adopting regulations. The world's largest maritime nations had been deliberating and...

Saudi Arabia launches huge Mecca expansion with tall towers overlooking Kaaba

Saudi Arabia has announced a huge expansion project outside the Grand Mosque in Mecca, involving the construction of tall towers near the holy site for the purpose of prayer, accommodation and hospitality. The development, to be named “King Salman...

Saudi Aramco: Underinvestment Could Lead to Oil Supply Crunch

The oil industry must step up exploration and investment in new supply; otherwise, the world risks a supply shortage, according to Amin Nasser, the chief executive of the Saudi state oil giant Aramco. “We had a decade . . . where people didn’t...

'We stand with Syria,' Saudi Finance Minister says

Saudi Finance Minister Mohammed Al Jadaan on Friday said many investments were being finalised for Syria, as Damascus seeks to reconnect with the global financial system following the toppling of the Assad regime last December. “We stand with...

Saudi EXIM signs agreement with IFC to boost trade finance

The Saudi Export-Import Bank (Saudi EXIM) has signed an accession agreement with the International Finance Corporation (IFC), a member of the World Bank Group, for cooperation in the areas of trade finance, development, and insurance. The...

Citi Makes a Case for $50 Oil

Citigroup’s latest call for Brent crude to tumble toward $50 on a Russia-Ukraine de-escalation feels more like an echo chamber than a fresh forecast. Senior commodities strategist Eric Lee told Bloomberg Friday that easing geopolitical tensions...

Saudi consumer spending fuels coffee shop IPO rush

Several Saudi companies are lining up to sell shares on the local exchange next year, led by food and beverage brands looking to capitalize on rising consumer spending. Half Million, the coffee chain founded by two scions of the billionaire Al...

Saudi Riyal to Pakistani Rupee Rate- October 16, 2025

KARACHI/RIYADH, October 16, 2025: The Saudi Riyal (SAR) slipped to Rs74.95 against the Pakistani Rupee (PKR) in today’s open market, a slight decline from Rs74.98 on October 15 and well below the July 28 peak of Rs76.03, according to currency...

US scuppers carbon pricing deal to cut shipping emissions

A majority of countries at the International Maritime Organisation voted on Friday to postpone by a year a decision to adopt a global carbon price for shipping, after negotiations collapsed under US pressure. More than 100 member states of the...

Breaking: US Strong-Arms Europe Into Shipping Emissions Delay

Support CleanTechnica's work through a Substack subscription or on Stripe. Earlier today, CleanTechnica published a report by Transport & Environment that said the US, UAE, Saudi Arabia and other oil producing countries were pressuring the EU to...

Saudi Arabia's acquisition of Electronic Arts faces pushback from game developers, petition calls on FTC to 'scrutinize this deal closely'

The $55 billion acquisition of Electronic Arts by Saudi Arabia's Public Investment Fund and private equity firms is facing more pushback, as the United Videogame Workers-CWA union has put out a statement calling on regulators and lawmakers to...

The US and Saudi Arabia just derailed a global plan to cut shipping emissions

The US and Saudi Arabia have managed to derail negotiations regarding a landmark deal to cut global shipping emissions, according to a report by the BBC. The deal had already been approved and would have made shipping the world's first industry to...

Russia Teases Major Defense Contracts to Incentivize India to Keep Buying Oil

The Russian government on Thursday downplayed President Donald Trump’s statement that he has persuaded India to dramatically reduce its massive purchases of Russian oil, teasing a major offering of Russian military hardware as an incentive for...

Trump’s threats succeed in halting global plan to reduce shipping emissions

Shipping containers line the Ever Most cargo vessel docked at the Port of Oakland on April 3, 2025, in California. (AP Photo/Noah Berger, File) A plan to cut greenhouse gas emissions in shipping supported by much of the maritime industry was...

Saudi Arabia Announces Major Project At Mecca With 900,000 Extra Praying Spaces, Others

Saudi Arabia has announced a major new project flanking Mecca’s Grand Mosque, providing 900,000 extra praying spaces together with residential and hospitality services for the millions of pilgrims who visit each year. King Salman’s Gate, which...

Trump blocks global shipping climate tax

A historic effort to tax climate pollution from shipping was derailed by a U.S. diplomatic push, personally led by President Donald Trump. A fractious meeting of the International Maritime Organization in London ended Friday with a decision to...