It will join the UAE's FDI program to expand footprint.

RAS LAFFAN, QATAR - Qatar's state-owned energy giant began construction on Tuesday on a project to expand production from the world's biggest natural gas field through an export terminal on the Gulf emirate's northeast coast.There has been mounting demand for Qatari gas as European consumer nations have scrambled to replace lost...

Athens, Greece - Greece and Saudi Arabia announced their agreement to establish a jointly-owned company with the goal of connecting their power grids. This marks the initial phase of their ambitious plan to provide Europe with more affordable green energy, according to a statement from the Greek energy ministry, as...

PARIS, FRANCE - Europe must invest more quickly and massively in its energy transition if it wants to remain a global industrial power, top policymakers warned on Friday.The plea was made at a conference on the clean energy transition hosted by the International Energy Agency, the European Central Bank and the...

After having forecast a contraction earlier this year in Russia's economy, the European Bank for Reconstruction and Development is now expecting the country's economy to grow in 2023 thanks to rising oil prices. The bank said in May it expected Western sanctions against Russia"to be more effective in constraining the...

The navy, with support from the civil defense, "was able to rescue 27 illegal migrants aboard a rubber boat that was sinking off the Chekka coast"

Turkey's President Recep Tayyip Erdogan told reporters in New York that he will visit Israel too once Benjamin Netanyahu will have visited Turkey. Erdogan, after meeting with Netanyahu, added that drilling work with Israel will be started soon and operating transmission lines to Turkey and further to Europe will also...

BRUSSELS, BELGIUM- Mahsa Amini, the Iranian Kurdish woman who died in custody a year ago, and billionaire Elon Musk were among a field of nominations put forward on Wednesday for the EU's top rights prize.The European Parliament's three biggest political groups each backed Amini as the recipient for this year's Sakharov Prize,...

Riyadh, Saudi Arabia - About 92% of respondents in Saudi Arabia consider ‘critical national infrastructure’ and are willing to pay more for sustainable broadband with roughly a quarter of them prepared to pay over 20% more for eco-friendly connectivity., a Cisco survey in the kingdom has found. The survey, encompassing 2,000...

Ankara, Turkey - Turkey is engaged in “intensive negotiations” with regional partners to propose an alternative to the India-Middle East trade corridor plan agreed upon at the recent G20 summit, Financial Times reported on Sunday. The country aims to reinforce its historical role as a vital transport route for goods...

The Breakthrough Prize awards "the world's most brilliant minds" in fields including life sciences, fundamental physics and mathematics

"We condemn the decision of the Tunisian authorities to refuse entry for the delegation," the delegation, made up of five MEPs, said in a statement. "This conduct is unprecedented since (Tunisia's) democratic revolution in 2011", it said.

Aim is to help in decarbonization of the Polish power sector.

Spending by Saudi Arabian football clubs in the transfer window just closed was second only to that by teams in the English Premier League, said separate reports by FIFA and Deloitte. The sport's world governing body said Saudi Pro League teams had spent $875.4 million on new players from June...

"2023 is the year that climate records were not just broken but smashed," said Mark Maslin, a professor of climatology at University College London.

The airline disclosed no financial details in a statement.

Abu Dhabi, UAE - ADNEC Group, through its tourism arm Tourism 365, has launched new charter flight services in the UAE, enhancing travel options for international tourists from multiple destinations. The new service, available from Europe and central Asia, is poised to increase visitor arrivals to the UAE, while further...

Dubai, UAE - The Middle East has seen the strongest rebound in the post-pandemic global tourism recovery, according to a new report from HSBC Global Research.The report, Jet, set, go! shows that the region is unique in recording a total recovery in terms of tourist arrivals in the first quarter...

PARIS, FRANCE - Attempts to change the existing world order threaten to weaken the West and especially Europe, French President Emmanuel Macron said at the annual conference of his country’s ambassadors here.“The situation on the international arena is becoming more complicated, which is fraught with the risk of the West...

Moscow, Russia -- The volume of Russian gas supplies to Europe through Ukraine is 41.5 million cubic meters per day, a Gazprom spokesman said."Gazprom continues to supply Russian gas for transit through Ukrainian territory via the Sudzha gas pumping station in an amount approved by Ukraine. The volume is 41.5...

stc’s subsidiary TAWAL buys assets in eastern Europe.

One of the changes announced by Nick Clegg, Meta's president of global affairs, includes giving European users of Facebook and Instagram the option to view different types of content not based on profiling, a requirement under the EU's Digital Services Act (DSA).

The gains, including a jump in US tech stocks, "looked more like a correction than a reaction to fresh news, as there was no fresh news that went against the slowing China rhetoric" or indication of a possible shift in policy by US monetary policymakers, said Swissquote Bank analyst Ipek...

Amid Russian-Ukrainian war, Europe aims to diversify its energy sources, with Gulf countries like Qatar, UAE, Oman, and Saudi Arabia offering alternative natural gas options.

Tehran, Iran-- China's ambassador to Iran has affirmed that his country's cooperation with Iran is at its best in various fields, voicing hope that both sides will further improve ties.Chang Hua made the remarks in a Saturday meeting with the governor of the northwestern Iranian province of West Azarbaijan Mohammad...

Riyadh, Saudi Arabia--Neymar was greeted with much fanfare Friday as he arrived in Saudi Arabia where he joins a growing list of big names lured to the oil-rich kingdom.The 31-year-old Brazil forward who will be unveiled as an Al-Hilal player on Saturday after six seasons with French champions Paris Saint-Germain landed...

Tunis, Tunisia - Tunisian authorities have arrested the head of the national bakery owners' union, accusing him of a "monopoly" as the country faces a weeks-long shortage of subsidized bread, local media reported Thursday.The government in August banned some 1,500 privately-owned bakeries that produce European-style breads and pastries from purchasing subsidized...

From Cristiano Ronaldo to Neymar, the kingdom is offering eye-watering salaries to international football stars to bring them over from clubs across Europe.

BEIRUT, LEBANON -The Lebanese army arrested 134 migrants near the northern border with Syria on Saturday after foiling their attempt to take a boat to Europe, it said in a statement.The group of would-be migrants -- made up of 130 Syrians and four Lebanese nationals -- were taken into custody in...

Tunis, Tunisia - At least two Tunisians including a baby died when their Europe-bound boat sank Saturday off the North African country's southeastern shores, the coastguard said, adding five others were missing.The vessel carrying 20 Tunisians went down at 2:00 am (0100 GMT) 120 meters (395 feet) from the beach in...

In a collaborative bid to address the migrant crisis, Tunisia and Libya have announced a shared responsibility for hundreds of migrants stranded at their border. These migrants, primarily from sub-Saharan African countries, had been left in the desert area of Ras Jedir. The deal aims to provide shelter and essential...

Dubai, UAE - Dubai International Chamber attracted 56 businesses to the emirate during H1 2023, including six multinational corporations and 50 Small and Medium-sized Enterprises (SMEs), local media reports said.It also supported the expansion of 15 local and national companies into global markets, either by increasing their exports or helping...

Paris, France -- Taiwanese chipmaker TSMC agreed Tuesday on a multibillion-dollar deal to build a plant in Germany, part of a push to put Europe at the center of the global semiconductor industry.The United States and China are embroiled in a fierce rivalry to dominate the chip industry, and Europe is...

The German airline's net profit climbed to US$964m in Q1.

Dubai, UAE--Trade in goods and services amounted to US$ 31 trillion in 2022, a 13% rise year-on-year. According to the World Trade Statistical Review 2023, issued by the World Trade Organization, while trade in goods exceeded pre-pandemic levels already in 2021, trade in services caught up in 2022. China remained...

Brussels, Belgium - Europe's liquefied natural gas (LNG) imports fell to the lowest level since the start of the Russian military operations in Ukraine after a drop in prices reduced the regions appeal.LNG deliveries fell 7% in July from a year earlier to 8.6 million tons, the least since November...

Washington, United States - They are ubiquitous in the United States, controversial in Europe and coveted in South Asia. As heatwaves intensify across the world, air conditioning has taken center stage.For better or for worse, these power-hungry appliances are among the most common adaptations to a warming world. They have become...

Singapore, Singapore - Liverpool manager Jurgen Klopp on Tuesday urged football authorities to address the late closure of the transfer window in the Saudi Arabia league, fearing it may have a detrimental effect on European clubs.Speaking in Singapore on the eve of his team’s pre-season friendly against German champions Bayern Munich,...

In the midday heat, a Libyan patrol near the border with Tunisia comes across a black African man collapsed on the desert. The man is just one among hundreds of migrants arriving daily in Libya after being abandoned in the desert borderland by Tunisian security forces, according to Libyan border...

SEOUL, SOUTH KOREA - Manchester City manager Pep Guardiola said on Saturday that the Saudi Pro League had "completely changed the market" and he expects more and more high-profile players to move there.City winger Riyad Mahrez this week became just the latest big name to move to Saudi football, following in...

In Spain, the thermometer has shot 15 degrees above normal summer season levels. Italy has also laboured under heatwaves with the island of Sardinia melting under 48 Celsius while, on Monday, Tunis endured 49C. Tourism plays a key role in the region's economies -- the sector accounts for nearly a...

Kuwait City, Kuwait--The Kuwait National Petroleum Company (KNPC) has exported the first shipment of 95 octane motor fuel and low-sulfur to European markets.Ghanim Al-Otaibi, the deputy CEO of Fuel Supply Operations and official spokesman for KNPC, said that the volume of the shipment that was exported from Mina Al-Ahmadi amounted...

It will enable Saudia Cargo to widen network in Europe.

The $5.2bn factory is expected to create up to 4,000 jobs.

China's President Xi Jinping has pledged stronger ties with Algeria, highlighting the importance of their comprehensive strategic partnership. Algeria, Africa's largest natural gas exporter, has been seeking to join the BRICS economic group, and China has shown support for this goal.

The deal between the two countries will include partnership on irregular migration, economic development and renewable energy. Tunisia has been criticized over its treatment of migrants after President Kais Saied accused "hordes" of migrants from sub-Saharan African countries of a "plot" to change the country's demographic makeup.

Record heat is forecast around the world from the United States, where tens of millions are battling dangerously high temperatures, to Europe and Japan, in the latest example of the threat from global warming. The heatwaves come after EU's climate monitoring service said the world saw its hottest June on...

The parliament's biggest political grouping, the conservative European People's Party (EPP), had sought to shoot down the text, arguing that it would reduce EU food security and limit possibilities to build wind and hydroelectric energy facilities.

Threads, billed as the killer of Twitter, a platform that has tumbled into chaos under the leadership of mercurial tycoon Elon Musk, has added more than 100 million users in its first week in app stores.

Dubai, UAE--Dubai Investments and E20 Investment have signed a memorandum of understanding (MOU) to develop 3,750 Ha of agricultural land in Angola, harnessing the potential of the country’s agricultural sector for sustainable growth and economic development.E20 Investment, specializes in investing in and operating farms and processing facilities across the globe,...