Tag : United Kingdom

Business

Egypt secures $1 billion World Bank reform support

omandailynews.com
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures tied to a greener economy, marking the latest multilateral backing for the country as it...
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UAE and UK foreign ministers review regional tensions

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ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the United Arab Emirates’ deputy prime minister and minister of foreign affairs, met UK Foreign Secretary Yvette Cooper in Abu Dhabi on April 18 for talks on the latest regional developments, with both...
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UAE president hosts UK PM for regional security talks

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ABU DHABI: United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan received British Prime Minister Keir Starmer in Abu Dhabi on Thursday for talks focused on Middle East developments, regional security and the broader UAE-UK relationship. The meeting brought together two close...
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Bahrain and UK review regional tensions and economic risks

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MANAMA: Bahrain and the United Kingdom said after meetings in Manama that they had reviewed regional and international developments, with both sides emphasizing the security and economic fallout from the current crisis and the need to support stability. King Hamad bin Isa...
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...
Business

EU employment hits highest level ever in late 2024

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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,...
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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,...
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...