Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

UAE and European Union look to deepen cooperation

A picture of Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan, Minister of State, and Jutta Urpilainen, Commissioner for International Partnerships at the EU.
  • The two sides discussed political priorities and related programs, including the UN Sustainable Development Goals, the European Green Deal and global recovery
  • They also discussed the latest economic and trade developments in Africa and a number of essential issues in the continent

The UAE and European Union are looking to deepen cooperation in many fields, and in particular in sub-Saharan Africa.

In this regard, Sheikh Shakhboot bin Nahyan bin Mubarak Al Nahyan, Minister of State, received Jutta Urpilainen, Commissioner for International Partnerships at the European Union, and explored further cooperation between the UAE and the EU.

The two sides discussed political priorities and related programs, including the UN Sustainable Development Goals, the European Green Deal, global recovery and the European Union’s global initiative, in addition to seeking ways to support regions and countries of common interest, including the Horn of Africa.

They also discussed the latest economic and trade developments in Africa and a number of essential issues in the continent, particularly in the health, education, digital transformation and energy sectors.

Sheikh Shakhboot affirmed the UAE’s eagerness to strengthen partnerships with friendly European Union countries and support cooperation across all domains.

Urpilainen praised the leading position that the UAE enjoys at the regional and international levels and its developmental achievements in all fields. She also highlighted the importance of joint action in African countries’ humanitarian work and industrial sectors.