Castigating the three European powers for an “unconstructive” statement about negotiations aimed at reviving a 2015 nuclear deal, Iran has asked Germany, France and Britain to provide a solution to end what it called as disagreements “instead of entering the phase of destroying the diplomatic process.”

The European Union opened an office in Qatar on Wednesday in a sign of the Gulf state's growing influence in solving the international energy crisis. EU council president Charles Michel was to meet the emir of Qatar, Sheikh Tamim bin Hamad al-Thani, and other top officials in Doha later in the...

Erdogan has maintained good working relations with Russian President Vladimir Putin while trying to stay neutral in the conflict and supplying Ukraine with weapons and combat drones. Erdogan is expected to meet Putin at a regional summit in Uzbekistan next week.

European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain surging inflation. Frankfurt, London and Paris equities carved out gains despite poor German data, a day after tumultuous trading as Russia curbed gas supplies to Europe.

A week after the airline was forced to cancel all flights due to a pilots’ walk-out on Friday, affecting 130,000 passengers, Lufthansa pilots will strike again this week, escalating a wage dispute. Cockpit, the pilot union, said the airline has not yet approached them and not put forward a new...

G7 industrialized powers vowed Friday to "urgently" move towards implementing a price cap on Russian oil imports in a bid to cut a major source of funding for Moscow's war in Ukraine. The G7 said it was working towards a "broad coalition" of support for the measure but officials in...

Riyadh, Saudi Arabia--SABIC, BASF and Linde have begun work on the construction of the world's first model of an electrically heated steam cracking unit. The new technology relies on the use of electricity from renewable sources instead of natural gas, which can reduce carbon dioxide emissions from one of the...

Abu Dhabi, UAE:  Abu Dhabi National Oil Company (ADNOC) announced on Thursday that its first shipment of low-carbon ammonia has left the UAE bound for Hamburg, Germany. This is the first ever cargo of low-carbon ammonia to be shipped to Germany. The demonstration cargo will be delivered to Aurubis, a...

Driven by soaring energy prices caused by Russia's invasion in Ukraine, the yearly inflation rate in the 19-country single currency area reached 9.1 percent, its highest since records began, according to Eurostat. Consumer prices had accelerated to 8.9 percent in July.

Gazprom said supplies via Nord Stream 1 were "completely stopped" for "preventative work" at a compressor unit, shortly after the the pipeline's operator, Entsog, announced that deliveries had stopped. The move comes as European countries have faced soaring energy prices since Russia invaded Ukraine in late February and subsequently curbed...

Massive hike in the gas prices hits firm's profitability.

Owing to its energy saving measures in recent weeks coupled with huge purchases of gas from suppliers other than Russia, Germany has replenished its gas stocks more quickly than expected. This, after Russia drastically reduced gas supply in the wake of the outbreak of war in Ukraine.

A year after the last wisps of smoke disappeared into the skies from the imposing chimneys of the Moorburg coal plant, hopes had grown that the mothballed site would see new life as Germany scrambles to secure energy supplies. Russia's curtailing of gas exports to Germany in the wake of...

German ministers vowed to reexamine a planned gas surcharge imposed on consumers after it emerged that some energy companies seeking a share of the levy were in fact posting billion-euro earnings.

A joint statement issued at the end of a visit to Rabat by Foreign Minister Annalena Baerbock said that "Germany considers... the autonomy plan presented in 2007 as a serious and credible effort by Morocco and as a good basis for a solution agreed upon between both parties." Morocco has...

Germany's economy grew slightly in the second quarter, an upgrade from a previous estimate of stagnation, revised official data showed Thursday, pushing back the specter of recession. Output expanded by 0.1 percent in the April to June period, according to the federal statistics agency, which had previously projected zero growth....

Europe's benchmark Dutch TTF gas contract advanced to 318 euros per megawatt hour before paring gains. That was not far from the record high 345 euros struck in March shortly after key gas producer Russia invaded Ukraine. In stock market trade, European equities pushed higher mirroring Asian gains.

The government is committed to expanding the management consulting services sector's participation in enhancing industrial production processes and facilitating access to global markets, said Youssef Shamali, Jordan's Minister of Industry, Trade and Supply.

Terming the Israeli closure of seven Palestinian NGOs in the West Bank as not acceptable, the foreign ministries of nine European countries have said they are deeply concerned by a 'worrying reduction' of space for civil society in the territory.

Germany is heavily dependent on Russian gas and has seen deliveries drop sharply amid tensions over the Ukraine war.

The charge has been set at 2.419 cents per kilowatt hour, said Trading Hub Europe, a non-profit company of energy network operators in Germany.

UAE and Germany have reviewed cooperation on biosphere reserves, ecotourism, and environmental conservation. A delegation from the German Development Cooperation Agency (GIZ) and German conservation NGO Succow Foundation discussed it while meeting members of the UAE’s Ministry of Climate Change and Environment (MOCCAE). MOCCAE, represented by its Biodiversity Department, shared...

Germany's second-quarter growth figures to be published on Friday are expected to be meek as the outlook for Europe's largest economy is clouded by the fallout from Russia's war in Ukraine. A recession in the months to come has a growing sense of inevitability about it, observers say. And it...

The usage is reduced to counter the dependency on Russian gas supplies.

Iraq has received 125 antiquities borrowed from Germany, Foreign Ministry spokesman Ahmed Al-Sahaf announced Sunday. "The Embassy of the Republic of Iraq in Berlin received 125 artifacts by Susan Bullock from the Institute for Near Eastern Archeology of the Free University of Berlin," Al-Sahaf stated in a statement received by...

Russia on Thursday resumed critical gas supplies to Europe through Germany, reopening the Nord Stream gas pipeline after 10 days, but uncertainty lingered whether the continent could avert an energy crisis this winter. "It's working," a Nord Stream spokesman said, without specifying the amount of gas being delivered.

Egypt's President Abdul Fattah Al-Sisi underscored the importance of coordination and cooperation among all countries of the world to confront the energy crisis.

Germany is looking to partner with Egypt to build the hydrogen economy as Europe seeks to diversify away from its current reliance on Russian gas.

The airline expects to book an operating profit of "between $352m and $403m.

Leaders of the Group of Seven rich nations will be under pressure to stick to climate pledges in Bavaria from Sunday, as Russia's energy cuts trigger a dash back to planet-heating fossil fuels. Germany finds itself in an awkward position as G7 summit host, having recently announced that Europe's biggest...

G7 leaders including US President Joe Biden gather on Sunday in southern Germany, seeking emphatic backing for Ukraine against Russia's invasion while grappling with the intensifying global fallout of the war. Ahead of the talks, British Prime Minister Boris Johnson urged allies not to waver in their support.

Berlin has managed to reduce the share of its natural gas supplied by Russia from 55 percent before the invasion to 35 percent -- thanks to increased deliveries from countries like Norway and the Netherlands.

The UAE-Germany non-oil trade exchange exceeded AED 478 billion ($130 billion) from 2012- 2021, according to data from the Federal Competitiveness and Statistics Centre (FCSC). The imports accounted for 89.5 percent of the total trade exchanges, while exports 3.5 percent and re-exports accounted for seven percent. The data showed that...

Germany and the UAE as strong economic partners will continue trade but they can make joint investments in the 'new economy' that will help achieve their net-zero targets

"We are forging the links that will strengthen our shared interests and values to confront the challenges head-on. As Germany pursues its policy of 'Zeitenwende' that will usher in a new era of foreign policy, finance, and energy, it will find in the UAE a true and reliable partner," he...

On a sun-blasted hillside in southeast Turkey, the world's oldest known religious sanctuary is slowly giving up its secrets.

The US, Britain, France and Germany on Wednesday urged Iran "to fulfill its legal obligations, and cooperate with the IAEA", after the International Atomic Energy Agency adopted a resolution formally criticizing Tehran.

Germany hit the highest level of inflation in 50 years due to a rise in the cost of living, energy, and foodstuff prices. The data provided by the Federal Statistical Office of Germany indicate that levels of inflation reached 7.9 percent in May 2022. The inflation rate is calculated by...

Germany's government and conservative opposition have agreed a deal that will release 100 billion euros ($107 billion) to modernise the army in the face of the Russian threat. An agreement was reached late Sunday to create a special fund for military procurement that will also allow Berlin to achieve NATO's...

Qatar, Amir said, plans to supply liquefied natural gas (LNG) to Germany by 2024.

Qatar and Germany have agreed to boost cooperation in the energy sector, and in this regard the two countries signed a joint declaration of intent to promote ties.

The non-oil trade between Germany and the UAE amounted to $9.5 billion during 2021, a 10.5 percent increase compared to 2020, said Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, who added that Germany has become UAE's most important trading partner in the Middle East. He...

The sanctions include a ban on transactions and the entry into Russian ports of vessels linked to the affected companies.

Food delivery drivers in the UAE went on strike Tuesday to demand better pay, the second such incident this month in a country where industrial action is uncommon. Many workers for Talabat, part of Germany's Delivery Hero, did not show up for their shifts, calling for a pay increase amid...

Investigators searched the offices of Germany's biggest lender Deutsche Bank on Friday, prosecutors said, with the focus on the bank's anti-money-laundering activities. The raid was linked to "suspicious activity reports filed by the bank" in relation to money-laundering, Deutsche Bank said in a statement.

The war in Ukraine has exposed not only Germany's dependence on Russian gas, but also the large share of Russian capital in the country's oil refineries, pipelines and other gas infrastructure. Energy deals with Russia were long seen as part of a German policy of keeping the peace through cooperation...

The PCK refinery in Germany has been processing crude oil from Russia since before reunification, but a looming ban on Russian oil has put its future in doubt.

dnata announced expansion of its European footprint through the planned acquisition of Germany-based Wisskirchen Handling Services (Wisskirchen). Subject to government approval, dnata’s entry into the German market will further develop its position as a leading global cargo services provider. Wisskirchen is the exclusive operator of the Cologne Bonn Cargo Centre,...

Iranian foreign ministry spokesman Saeed Khatibzadeh said that the country's negotiators would not return to Vienna, the site of the year-long talks to restore the nuclear deal — formally called the Joint Comprehensive Plan of Action (JCPOA) — until Washington settles outstanding issues.

Over 84 percent of real estate professionals expect competition within Dubai’s real estate market to ramp up going forward, according to the 2022 EMEA Real Estate Report published by Berkshire Hathaway HomeServices global headquarters. The report reflected the experiences of residential real estate professionals across seven key markets in Dubai,...