FIFA advisor quits over 'bad deal' World Cup private equity plan
Carlos Cordeiro, senior adviser to FIFA president Gianni Infantino, has resigned with immediate effect in protest over proposals to sell a stake in th...
China Railway Container Transport Corp. Ltd. has joined 'Middle Corridor Multimodal Ltd.' joint venture, established by railway operators of Azerbaijan, Georgia and Kazakhstan to enhance efficiency, reliability, and seamless functioning of the Trans-Caspian International Transport Route.
Bypassing Russia, this major east–west logistics project connects China to Europe through Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, and Turkey.
'Kazakhstan Temir Zholy JSC' (Kazakhstan Railways) announced that the decision to include China Railway’s multimodal transport operations company in its joint venture was recently approved during an extraordinary shareholders’ meeting.
Talgat Aldybergenov, Chairman of the Management Board of 'Kazakhstan Temir Zholy', recently visited Azerbaijan, where he met with Azerbaijan’s Minister of Digital Development and Transport, Rashad Nabiyev. He also took part in the extraordinary General Meeting of Shareholders of the joint venture Middle Corridor Multimodal Ltd.
Adviser to the Kazakhstan's President Assel Zhanasova and Chairman of the Committee for Railway and Water Transport Zhanibek Taizhanov, heads of «Azerbaijan Railways» CJSC, JSC Georgian Railway took part in the meeting with Rashad Nabiyev.
The discussions focused on the development of the Middle Corridor, digitalization of logistics processes, implementation of the Roadmap for eliminating bottlenecks, and other key areas of cooperation.
The parties agreed to implement joint monitoring of container train transit times along the route. This measure is expected to improve schedule reliability, address logistical challenges more efficiently, and enhance the overall performance of the corridor.
The Middle Corridor now offers significant competitive advantages—particularly in speed and reliability. Currently, cargo shipments from China to Europe via the Trans-Caspian International Transport Route take just 15–18 days, making the route nearly twice as fast as traditional sea transport.
French DJ and electropop musician Kavinsky, whose atmospheric sound shaped a generation of electronic music fans, has died at the age of 50, French authorities said on Tuesday.
Saudi Arabia said its overnight strikes on Iran-backed group targets in Iraq were carried out in self-defence and warned it would take further military action if the groups launched new attacks against the kingdom.
The U.S. military said it completed its latest wave of strikes on Iran, a two-hour operation that hit dozens of targets. Washington described the strikes as a "powerful response" to Iranian missile attacks targeting U.S. forces in the Middle East a day earlier.
A fire involving two gas vessels at Egypt's Damietta port has prompted conflicting reports over whether the incident was caused by a drone strike or an onboard technical fault. Egyptian authorities said there were no casualties.
Thousands of migrants have crossed into the Spanish exclave of Ceuta from Morocco, overwhelming border security and prompting local authorities to call for a national emergency and military deployment.
Azerbaijan and Kyrgyzstan have elevated their relations to an allied partnership level with the signing of a new treaty during President Ilham Aliyev’s state visit to Cholpon-Ata.
Russia may seek compensation from Armenia if Yerevan changes the terms of the South Caucasus Railway (SCR) agreement without mutual consent, Russian Economic Development Minister Maxim Reshetnikov said.
Georgian Post is no longer focused solely on delivering letters and parcels across Georgia. The state postal operator is transforming into a regional logistics hub following a new agreement with Cainiao, the logistics arm of Alibaba.
Saudi Arabia has extended a $5 billion financial facility for Pakistan until December 2028, easing the country's external financing pressure as Islamabad continues economic reforms under an International Monetary Fund (IMF) programme.
President Ilham Aliyev arrived in the Kyrgyz Republic on Wednesday for a state visit focused on expanding economic cooperation, transport connectivity and political coordination between the two Turkic nations.
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