Featured
Rising sea levels could submerge key Italian ports, highways

(Bloomberg) –Many Italian ports, railways and highways may be under water by 2100 as Mediterranean sea levels surge due to climate change.
Hundreds of ports and shores are at risk of disappearing, Luigi Merlo, the head of Federlogistica, said in an interview with the Il Sole 24 Ore newspaper, citing research from the country’s sustainable development agency. Italy needs to put a serious prevention plan together, including sea barriers and elevated railways and highways, he said.
Sea levels could rise by 30 centimeters (12 inches) in the next 30 years and 1 meter by the end of the century, according to research by ENEA, the Italian national agency for new technologies, energy and sustainable economic development. That would submerge cities like Venice.
Italy is considering selling a green bond to fund climate-related measures, following issuance from European countries such as the Netherlands, which raised 6 billion euros ($6.7 billion) earlier this year.
-
Banking & Finance4 weeks ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
OER Magazines2 months ago
OER, May 2025
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, May 25
-
Bahrain4 weeks ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance2 months ago
Central Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance2 months ago
United Finance Company: Strategically Serving Oman’s Auto Market with Faster, Customer-First Solutions
-
Insurance2 months ago
Liva Insurance Sets New Benchmark with ‘Innovative Insurer of the Year’ Award at the New Age Banking Summit 2025
-
Banking & Finance1 month ago
The Future of the International Financial System to be discussed at SPIEF 2025