Tag : Germany

Automotive

Porsche to cut 5000 more jobs under restructuring plan

omandailynews.com
German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the...
News

UAE and Germany review strategic ties in Berlin

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H.H. Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, met Alexander Dobrindt, Germany’s Federal Minister of the Interior, in Berlin for talks covering bilateral relations, regional security developments and recent attacks on civilian...
Business

ADB unveils fund to speed ASEAN power grid plans

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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...
News

UAE Germany talks spotlight investment, industry, security

omandailynews.com
ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the UAE’s deputy prime minister and minister of foreign affairs, received Germany’s foreign minister, Johann Wadephul, in Abu Dhabi on March 11 as the two sides reviewed bilateral relations and ongoing cooperation, according to an...
Technology

BMW tests AEON humanoid robots in German production

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EuroWire, LEIPZIG: BMW Group has launched a pilot project using humanoid robots in production at its Plant Leipzig, marking the company’s first deployment of humanoid robotics on a factory floor in Germany. BMW announced the project on Feb. 27 and provided additional...
Automotive

EU softens 2035 ban on combustion engine vehicles

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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

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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...
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,...
Travel

Etihad Airways announces daily flights to Düsseldorf, Copenhagen

omandailynews.com
MENA Newswire News Desk: Etihad Airways, the national airline of the United Arab Emirates, announced today an ambitious expansion of its European network. Starting from October 1, 2025, the airline will operate daily flights to Düsseldorf, Germany, and Copenhagen, Denmark,...
News

NATO appoints Mark Rutte as new Secretary-General in Brussels

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MENA Newswire News Desk: Former Dutch Prime Minister Mark Rutte has officially assumed the role of Secretary-General of the North Atlantic Treaty Organization (NATO) after a handover ceremony at the alliance’s headquarters in Brussels on Tuesday. Rutte succeeds Jens Stoltenberg,...