Friday 25 May 2018
 
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EU, Egypt to ink strategic energy partnership deal

European Union is set to sign an MoU for strategic cooperation in energy with Egypt, which is fast becoming an important gas and electricity hub  that can provide energy security for the bloc as well as the entire region, said a report.

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ArcelorMittal seeks EU clearance for Ilva buy

ArcelorMittal, a leading integrated steel and mining company, has submitted divestment proposals to the European Commission aimed at securing EU competition clearance for its purchase of Italian steelmaker Ilva. The proposed dives

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Sage highlights GDPR impact on Mideast firms

The European Union’s new General Data Protection Regulation (GDPR) will also impact Middle Eastern companies that handle personal data of European residents and citizens, even if they do not have a direct presence in Europe, said Sage, a l

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EU sets May deadline for chemical exporters registration

The UAE Ministry of Economy has issued a statement on the announcement of the European Chemicals Agency (ECHA) that the deadline for the registration of exporters of materials and products that have chemical components to the EU in accordance wi

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EU removes UAE from ‘'uncooperative tax havens’ list

The UAE Ministry of Finance has welcomed the European Union’s decision to remove the UAE from its list of uncooperative tax havens, in recognition of the transparent procedures the Emirates has been adhering to locally and internationall

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Investcorp completes first EU real estate portfolio

Bahrain-based Investcorp, a leading global provider and manager of alternative investment products, said it has completed its first European real estate portfolio following the acquisition of seven additional assets. The European

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Iata calls for tighter EU regulations as airport charges double

The International Air Transport Association (Iata) is calling on the European Union to significantly strengthen economic regulation of major European airport monopolies by focusing on the interests of passengers. Enforcing greater

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EU rejects punitive tariffs on Iran steel exports

Iran’s steel exports to Europe is now safe from punitive measures after EU governments rejected proposals to impose trade tariffs on imports from the country, said a report. The European Commission, which sets out trade poli

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Worksite accidents 'cost EU $568bn per year'

Work-related accidents and injuries cost European Union about 3.3 per cent of its GDP which is equal to €476 billion ($568 billion) every year, revealed a new report presented at the World Congress on Safety and Health at Work held in Singa

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Iraq workshop on groundwater management

The European Union (EU) and Unesco recently organised a high level meeting on building a roadmap for effective groundwater management in Iraq, a report said. This comes in the context of the EU-funded project entitled “Advan

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