In a strategic move, Saudi Basic Industries Corporation (Sabic) has agreed to divest its entire stake in Sabic Europe (including the group's petrochemicals business and assets in the European Union) along with its Engineering Thermoplastics (ETP) business in Europe and the Americas.
The cities of Oulu in Finland and Trenčín in Slovakia have been selected as European Capitals of Culture for 2026. The European Union annually names several cities as European Capitals of Culture to underline Europe’s cultural diversity and honour the cultural and artistic identity of each region.
US President Donald Trump’s appearance at Davos this week could have almost immediate and lasting economic consequences for the global economy, warns Nigel Green, CEO of deVere Group, as tensions over Greenland move toward a decisive phase.
EDGE, a leading Abu Dhabi-based advanced technology major, has signed an agreement with Indra Group, a global leader in IT, aerospace, defence and mobility systems, for setting up a new defence manufacturing company in Spain that will cater to European defence programmes.