ABU DHABI, UAE -  A senior UAE official of the Ministry of Energy and Infrastructure (MoEI) visited Germany and the Netherlands to reinforce existing partnerships and discuss common goals, energy transition, technology deployment and potential projects.Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs MoEI visited Germany and the Netherlands....

The two airlines announced the start of a codeshare agreement.

Due to the GCC's strong linkages with the global banking system, concerns have risen that the banks in the region will face the same struggles.

Once it is signed by Brussels and London, it will create a framework for voluntary regulatory cooperation in the area of financial services between the EU and the UK.

A French investigating magistrate issued an international arrest warrant for Lebanon's central bank chief Riad Salameh, a source close to the case said. Salameh earlier failed to appear for questioning by French investigators who want to know how he amassed sizeable assets across Europe, his lawyer said.

On Monday, the European Commission boosted its 2023 economic growth outlook for the 20-country euro area by 0.2 points to 1.1 percent.

Major stock markets advanced after President Joe Biden said he was "optimistic" about finding an agreement on averting a first-ever US default. Stock markets in Europe and Asia kicked the week off with gains amid growing hopes the Democrats and Republicans will reach a deal to avert a US government...

One of Vietnam's largest shoe manufacturers for brands such as Nike and Adidas will cut thousands of workers at the end of next month, state media said. The country is among the world's largest exporters of clothing, footwear and furniture, but has been badly affected by the cost-of-living crisis in...

The continent has been racing to produce more electric vehicles as part of its green transition, with the clock ticking down on an EU deadline of 2035 to phase out the sale of cars using fossil fuels. A flurry of new battery plant projects are in the pipeline in Europe,...

The Occupational Heat Stress conference in Qatar, which focused on climate change and how rising temperatures threaten workers' health, heard that tens of thousands of workers around the world have died from chronic kidney disease and other illnesses linked with extreme heat over recent decades.

MADRID, SPAIN -  The World Tourism Barometer published its second report of the year, which showed that international tourism is making a strong comeback to pre-pandemic levels.During the first quarter of 2023, twice as many people traveled internationally than in the same period of 2022, with a total of 235...

Leaders in the United States and Europe sent congratulations to Britain's King Charles III and Queen Camilla on their coronation on Saturday, while China called for "cooperation" and "peace". Charles III was crowned monarch of the United Kingdom and 14 Commonwealth realms on Saturday at Britain's first coronation for 70...

The firm says sales declined in Europe and China.

The International Energy Agency (IEA) said the rapid electrification of road transportation will have big implications for the energy industry as it will eliminate the need for five million barrels of oil per day by the end of the decade. World oil consumption averages just over 100 million barrels per day.

The UK's Competition and Markets Authority prevented the deal "over concerns... (it) would alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less choice for UK gamers over the years to come", the CMA said in a final decision on its long-running probe.

Revenue dropped more than three percent to $8.74 billion.

Pesticide pollution is also driving biodiversity loss across the continent, causing significant declines in insect populations and threatening the critical role they play in food production. A German study cited in the report found a 76 percent decline in flying insects in protected zones over a period of 27 years.

China insisted it respects the sovereignty of all ex-Soviet countries, after comments by its ambassador to France drew ire in Europe. Lithuania, Estonia and Latvia, the European Union's three Baltic countries, summoned China's envoys to account for Ambassador Lu Shaye questioning the sovereignty of former Soviet states.

The EU environmental agency said that air pollution is responsible for causing more than 1,200 premature deaths a year in under 18's across Europe and raises the risk of chronic disease later in life. It said that in spite of recent improvements, "the level of key air pollutants remain stubbornly...

It will acquire a portfolio of towers in Europe for US$1.3bn.

Paris, France--EU foreign policy chief Josep Borrell called on European navies to patrol the disputed Taiwan Strait, in a opinion piece in a French weekly published Sunday.Borrell's comments in the Journal Du Dimanche, echo comments he made last week when he stressed how crucial Taiwan is to Europe.Taiwan "concerns us economically,...

According to the China Association of Automobile Manufacturers, electric vehicles made up 25 percent of car sales in the country in 2022, a year-on-year increase of 94 percent.

London, United Kingdom -- From digital bank Revolut to money-transfer group Wise and payments company Checkout, London is Europe's fintech champion and intends on keeping its crown."Before Brexit, the UK was a great place" for the sector developing financial technology, Revolut's global head of government affairs, Adam Gagen, told UK Fintech...

Cyrus de la Rubia, chief economist at Hamburg Commercial Bank (HCOB), said the indices for the eurozone showed "a very friendly overall picture of an economy that continues to recover" but warned "a closer look reveals that growth is very unevenly distributed". Inflation fell to 6.9 percent on an annual...

48% of the bond went to central banks and official institutions.

Tunis, Tunisia - Fifteen Tunisian migrants are missing after their boat sank in the Mediterranean during an attempt to reach Europe, authorities said Wednesday.The boat carrying 19 Tunisians sank Monday night, said a statement by Tunisia's National Guard, which oversees the coastguard.Four migrants were rescued by a fisherman after the boat...

HSBC's largest stakeholder Ping An says the split will improve business.

Paris, France--Sales of new cars jumped last month in Europe, surpassing the level of one million for the first time since June 2021, according to data from the European Automobile Manufacturers Association published on Wednesday.New car registrations hit 1,087,939 in March, an increase of 28.8 percent from the same month last...

Beirut, Lebanon--A US helicopter raid on Monday targeted a senior Islamic State group leader in Syria suspected of plotting attacks in Europe and the Middle East, US Central Command said."US Central Command forces conducted a unilateral helicopter raid in northern Syria in the early morning... targeting a senior ISIS Syria leader...

Riyadh, Saudi Arabia-- Saudi Arabia and the Netherlands have discussed the possibility of exporting clean hydrogen from the kingdom to Europe.In this regard, Energy Minister Prince Abdulaziz Bin Salman met with the Deputy Prime Minister and Minister of Foreign Affairs of Netherlands Wopke Hoekstra in Jeddah.The meeting also touched on...

The most powerful nuclear reactor in Europe, with a capacity of generating 1,600 megawatts, Olkiluoto 3 reached full power in late September for the first time since construction began in 2005.

Awadh Seghayer Al Ketbi, Director-General of the DHA, said Dubai’s ability to provide high-quality patient-centered medical care has accelerated its growth as an Arab, regional and international healthcare destination.

Tunisia has recovered 14 bodies of migrants from sub-Saharan Africa in the Mediterranean, bringing to 24 the number of dead after their boat headed for Europe sank, the coastguard said. The spokesman for the National Guard announced that 41 Tunisian migrants, including five women and nine children, had been "rescued"...

DUBAI, UAEI--Dubai saw remarkable growth in medical tourism in 2022 with 674,000 medical tourists spending $270 million in the year.According to a report issued by the Dubai Health Authority (DHA), 39% percent of the medical tourists who came to Dubai were from Asian countries, 22% from Europe and the Commonwealth...

TUNIS, TUNISIA - Tunisia's coastguard said Friday it had intercepted over 14,000 migrants trying to reach Europe from January to March, more than five times the number of those who attempted the trip in the first quarter of 2022."Coast guard patrols prevent 501 clandestine attempts to cross the maritime border and...

Paris, France--Earth had its second-warmest March on record with Antarctic sea ice shrinking to its second-lowest extent, the EU's climate monitoring agency said on Thursday."The month was jointly the second warmest March globally," said a report from the Copernicus Climate Change Service.The report is based on computer-generated analyses using billions...

Women earn on average nearly 13 percent less per hour than men for the same work in the 27-nation European Union, according to official data for 2020. Under the new rules, workers can demand to know individual and average pay levels, broken down by gender, in their workplace.

The tie-up would lead to the creation of a $10 billion plus group.

The newly-elected head of the Scottish National Party (SNP) joins the growing ranks of leaders from Britain's old imperial possessions who are remaking the face of UK politics. Conservative Prime Minister Rishi Sunak is the Hindu son of parents whose familial roots lie in India.

Calling for "constructive discourse" from the European Union after many leaders warned the country is facing a crisis that could impact the 27-member bloc, Tunisian Foreign Minister Nabil Ammar said that he had invited the European side to "show more understanding of this particular phase through which our country is...

Created by US startup OpenAI, ChatGPT appeared in November and was quickly seized upon by users amazed at its ability to answer difficult questions clearly, write sonnets or code, and even pass exams. "The potential exploitation of these types of AI systems by criminals provides a grim outlook," The Hague-based...

In a crackdown on organized crime, Algeria has dismantled an international network specializing in trafficking people through Algeria to Europe, according to local media reports. The agency tasked with fighting crime arrested nine Syrians and six Algerians suspected of belonging to the group which trafficked Syrians and Lebanese.

LONDON, UK- Europe's natural gas price slid Monday below US$43 for the first time in more than a year and a half, dampened by mild weather and high storage levels.In morning London deals, the price of benchmark Dutch TTF gas hit $42.5 per megawatt hour - last seen in July 2021.Monday's...

BRUSSELS, BELGIUM- The European Commission proposed the Net-Zero Industry Act to scale up manufacturing of clean technologies in the EU and make sure the Union is well-equipped for the clean-energy transition, local media reports said.This initiative was announced by President Ursula von der Leyen as a part of the Green...

The degree of anger and sympathy for the protesters, particularly among the American and European public, makes it near impossible to reach a nuclear deal, believes Vali Reza Nasr.

Salameh had been summoned to appear at Beirut's justice palace on Wednesday morning but objected to the session and instead sent a legal representative, the judicial official told AFP on condition of anonymity as they are not authorized to speak to the media.

The world is facing a new environment where powerful global leaders and corporate leaders are creating uncertainty and risk, Eurasia Group chief Ian Bremmer tells TRENDS.

The bank has lost 81% of its value since Greensill bankruptcy.

Brussels, Belgium - The European Union must urgently lower energy prices and ease regulations to stop industry fleeing the continent, European businesses said on Monday, as Brussels prepares plans to stimulate the green economy.The European Union is racing to make Europe more attractive for the companies that could be tempted by...

The price drop is seen as a direct response to cuts by Tesla.