Tag : European Union

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...
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...
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...
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....
News

Germany seeks EU budget rule exemption to boost defence

omandailynews.com
Germany has formally requested an exemption from European Union borrowing limits to substantially increase its defence spending, citing the need to address rising military threats from Russia. According to reports by Euractiv, the request was made through a letter sent...
News

European Parliament advances defence industry growth initiative

omandailynews.com
The European Parliament has taken a decisive step toward reinforcing the European Union’s defence capabilities by endorsing a draft law aimed at enhancing the bloc’s defence industry. On Thursday, members of the European Parliament (MEPs) approved measures that would strengthen...
Business

EU employment hits highest level ever in late 2024

omandailynews.com
Employment in the European Union (EU) reached an all-time high in the fourth quarter of 2024, while unemployment dropped to its lowest point since 2000, according to data released by the Organisation for Economic Co-operation and Development (OECD). The report,...
News

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...
News

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

omandailynews.com
MENA Newswire News Desk: Meta Platforms has been ordered by the European Union’s top court to limit its use of personal data for targeted advertising, marking a significant blow to the company’s advertising model. The Court of Justice of the...
Automotive

China warns of retaliation as EU enforces tariffs on electric vehicles

omandailynews.com
MENA Newswire News Desk: The European Union will proceed with imposing significant tariffs on Chinese-made electric vehicles (EVs), despite opposition from key member Germany, the EU Commission announced Friday. The move, which follows a contentious vote, marks the bloc's largest...