April 2023

Pirates Kidnap Six Crew from Danish Oil Tanker in Gulf of Guinea

Pirates attacked a Danish oil tanker crew off Gulf of Guinea and kidnapped six members of them.In a statement, the French Navy confirmed the piracy after finding and rescuing the tanker off the coast of Sao Tome and Principe, Pointing out that the Libe…

14 Dead After Gold Mine Collapsed in North Sudan

Fourteen people are confirmed dead after a gold mine collapsed in North Sudan’s Wadi Halfa district, Sudanese authorities have said.The mine collapsed on due to adjacent mines use of heavy machinery causing its walls to crack and eventually collapse, …

Top-Performing VCUarts Qatar Design Students Receive AEB Awards

Two senior students from Qatar Foundation (QF) partner university Virginia Commonwealth University School of the Arts in Qatar’s (VCUarts Qatar) Graphic and Interior design departments were the recipients of the Arab Engineering Bureau (AEB) Awards fo…

QNB Expects New Interest Rate Hike from US Federal Reserve

Qatar National Bank (QNB) expected one more 25 bps hike from the US Federal Reserve in May for a terminal Fed funds rate of 5.25 percent.In its weekly commentary, QNB said, “The US Federal Reserve is often pressured to ease or pivot away from tighter …