Europe

Egypt Central Bank cuts interest rates for first time in 4 years

The overnight deposit, lending, and main operation rates were cut by 2.25 percent each

Saudi Arabia, France explore strengthening partnerships in healthcare sector

Discussions focused on key areas of cooperation, particularly in supporting innovation in biotechnology

Oman, Netherlands forge hydrogen agreements to boost clean energy collaboration

Signing occurred during the "state visit" of His Majesty Sultan Haitham bin Tarik to the Netherlands

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