Tag : EU

Business

Europe heatwave puts EU economic growth under pressure

omandailynews.com
Europe’s extreme summer heat and drought could cut EU economic output by about 1% in 2026, according to new analysis from Triodos Bank. The estimated loss equals roughly €180 billion and is close to the European Commission’s current growth forecast...
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UAE president and EU Council chief discuss regional security

omandailynews.com
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met European Council President António Costa in Abu Dhabi on April 14, with the two leaders focusing on regional developments and their effect on regional and international peace and security. The...
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EU launches humanitarian air bridge to assist crisis-hit Lebanon

omandailynews.com
MENA Newswire News Desk: The European Union (EU) has initiated a “Humanitarian Air Bridge” to support Lebanon, a country reeling from worsening economic conditions and widespread poverty due to prolonged political instability. The airlift will involve three flights from Dubai...
Business

EU’s €1.1 billion bicycle exports highlight shift to sustainable living

omandailynews.com
The European Union (EU) saw an impressive surge in its bicycle trade sector in 2022, registering a notable growth rate of 22 percent over the previous year. The year-end export figures stood at an astounding €1.1 billion, as unveiled on...
Business

Pharmacy emerges as top category in EU’s high-tech exports, valued at €446 billion

omandailynews.com
The European Union (EU) witnessed a substantial surge in high-tech imports from non-EU countries in 2022, totaling an estimated €482 billion—an impressive 22% increase compared to the previous year. Meanwhile, the EU's exports to these countries reached €446 billion, reflecting...