Europe

Abu Dhabi’s Etihad Airways boosts fleet with sixth A350 delivery

A350 stands out with 25 percent lower CO2 emissions and 50 percent smaller noise footprint

EU pauses countermeasures against U.S. tariffs

26 EU member states voted to impose countermeasures just before Trump announced a 90-day pause

Masdar expands European footprint with 100 percent acquisition of Greece’s TERNA ENERGY

Masdar will initiate the process for TERNA ENERGY’s delisting from the Athens Stock Exchange

WTO warns U.S.-China trade tensions could slash global trade by 80 percent, risking 7 percent GDP drop

The preliminary estimate came as Trump raised tariffs on China but paused others for 90 days

Egypt annual urban consumer price inflation rises to 13.6 percent in March

Country aims for $60 billion in foreign direct investment, $145 billion in exports

EU approves first wave of countermeasures against U.S. tariffs

The European Union will target a range of U.S. imports starting next Tuesday in response to the U.S. tariffs on metals

Business travel in MENA set to soar to $270.8 billion by 2030: Report

Business travel in the MENA region rose by 50 percent in Q1 2025 compared to Q1 2024

Saudi Arabia achieves top global ranking in empowering women in AI sector: Report

The Kingdom ranked third in AI job growth for 2024 and fourth in leading AI models

UAE strengthens trade with Congo, offers 99.5 percent tariff exemptions: Al Zeyoudi

Congo’s key sectors set to thrive under the new Comprehensive Economic Partnership Agreement

Trump says U.S. will announce “major” tariff on pharmaceutical imports

Trump noted that these tariffs will incentivize drug companies to move their operations to the U.S.

Egypt secures nine development agreements worth $290.2 million with France, EU

These deals will support priority projects in water treatment, sanitation, electricity, and rail transport sectors

Egypt aims for $60 billion in foreign direct investment, $145 billion in exports

The country aims for 65 percent private sector contribution by 2030