Wednesday 19 June 2013
 
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Europe

Assad says Europe will "pay price" if it arms rebels

Syrian President Bashar al-Assad has warned Europe in a German newspaper interview that it will "pay the price" if it follows Washington's lead and delivers arms to rebel forces, saying such a move

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RAK airport woos European carriers

Ras Al Khaimah International Airport has embarked on a major global promotion campaign to woo leading European and Russian carriers into the northern emirate.   With a few ai

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EU set to revive steel industry

The European Commission has unveiled an array of measures and recommendations to revive Europe's steel industry, hurt by tumbling demand and plant closures. The "EU steel action plan", presented by Industry Commissio

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Sanofi MS drug nears EU green light

One of the world's longest running drug development sagas may draw to a close this month as French firm Sanofi hopes for a European green light for its new multiple sclerosis medicine Lemtrada. The drug's quarter-century j

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ME 'key to Europe football market boom'

Despite wider economic pressures, the European football market continues to perform well with 11 per cent growth in revenue which hit $24.6 billion in 2011/12, largely driven by Europe’s ‘big five’ leagues (Bundesliga, La Liga,

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Hertz joins top European loyalty scheme

Hertz, one of the leading global car rental companies, has joined BalticMiles, the leading multi-partner loyalty programme in Northern and Eastern Europe. The new partnership between BalticMiles and Hertz Europe means that BalticM

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AMA programmes win EU re-accreditation

AMA International University - Bahrain has won re-accreditation for three of its business programmes from the European Council for Business Education (ECBE). The university's head of the administration Buena Gracia Canzana rec

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Europe 'investigates Apple's iPhone tactics'

The European Commission is investigating whether Apple is using anti-competitive iPhone sales tactics and technical restrictions to squeeze out rival smartphone makers from the European market, according to docum

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Bankers see robust M&A recovery in 2013

A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged euro-zone recession.

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European car market ends losing streak

Europe's ailing car market ended a streak of 18 straight months of falling sales, though a number of one-off factors suggested that a sustained recovery will be harder to achieve. A pick-up in Germany and Spain in addition to

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