Tag : European Union

Business

ADB unveils fund to speed ASEAN power grid plans

omandailynews.com
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and transmission projects in Southeast Asia. The new vehicle, called the Regional Connectivity Fund for Energy in Southeast Asia, is aimed at advancing the ASEAN Power......
Business

South Korea food exports rise 4% in first quarter

omandailynews.com
SEJONG: South Korea’s food exports rose 4.0% from a year earlier in the first quarter, supported by strong overseas demand for ramyeon, snacks, beverages and fresh fruit, according to provisional government data released on April 3. Food exports reached $2.5622 billion in the January to March period, up from $2.4639 billion a......
News

Cyprus president hosts UAE foreign minister in Nicosia

omandailynews.com
NICOSIA: Cyprus President Nikos Christodoulides received UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan during a working visit to the Cypriot capital, with Cypriot Foreign Minister Constantinos Kombos attending. The UAE foreign minister conveyed greetings from UAE President Sheikh Mohamed bin Zayed Al Nahyan and wishes of......
News

India’s 77th Republic Day highlights growing EU economic ties

omandailynews.com
India marked its 77th Republic Day on Monday with senior European Union leaders attending the national celebrations in New Delhi, underscoring the country’s expanding global economic and diplomatic engagement. President Droupadi Murmu and Prime Minister Narendra Modi hosted European Commission President Ursula von der Leyen and European Council President António Costa at the......
Automotive

EU softens 2035 ban on combustion engine vehicles

omandailynews.com
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in the bloc’s long-term climate agenda. The European Commission is preparing to revise the existing regulation that requires......
News

European Parliament advances defence industry growth initiative

omandailynews.com
The European Parliament has backed a major initiative to strengthen EU defence manufacturing and boost weapons supply capabilities....
News

EU launches humanitarian air bridge to assist crisis-hit Lebanon

omandailynews.com
The EU has launched a humanitarian air bridge for Lebanon, delivering critical medical supplies and shelter kits to help alleviate the ongoing economic crisis caused by prolonged political instability....
News

Meta ordered to limit data use for ads by EU’s top court ruling

omandailynews.com
Meta must limit the use of personal data for targeted ads after the EU's top court ruled in favor of privacy activist Max Schrems, marking a major setback for Meta's advertising model....