Sunday 11 December 2016
 
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European Union

Egypt gets $296m EU funding for windfarm project

The Egyptian government has signed an umbrella agreement with European Development Partners to secure €267 million ($296 million) funding for the development of a new large-scale windfarm in the Gulf of Suez area in Egypt. Wi

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Egypt gets $296m EU funding for windfarm project

The Egyptian government has signed an umbrella agreement with European Development Partners to secure €267 million ($296 million) funding for the development of a new large-scale windfarm in the Gulf of Suez area in Egypt. Wi

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Brexit move tips scale in GCC’s favour: report

The UK’s impending historic withdrawal from the European Union (EU) is opening new opportunities for advancing the position of the GCC as an economic powerhouse, a report said. The report entitled ‘UK’s EU Refere

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Brexit? What Brexit? EU on cruise control

The "Brexit cruise" didn't get very far. EU leaders drifted down the Danube for an hour, said little about Britain over a leisurely shipboard lunch, then circled back to Bratislava to resume Friday's summit. Bene

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EU regulators halt Dow, DuPont merger

EU antitrust regulators have halted their scrutiny of Dow Chemical Co and DuPont's proposed merger while the companies provide more information regarding their $130 billion deal. The European Commission opened a full investiga

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UK firms scale back hiring after Brexit vote

British employers have turned more cautious about hiring and are less likely to invest in training for their workers following the decision in June by voters to leave the European Union, a survey showed on Monday. The proportion o

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UK firms scale back hiring after Brexit vote

British employers have turned more cautious about hiring and are less likely to invest in training for their workers following the decision in June by voters to leave the European Union, a survey showed on Monday. The proportion o

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Turkey threatens EU migrant deal if no visa-free travel

Turkey would have to back out of its agreement with the European Union to stem the flow of migrants into the bloc if the EU does not deliver visa-free travel for Turks, Foreign Minister Mevlut Cavusoglu has said. Visa-free access

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‘Brexile’ urges Britons to seek fortune abroad

In the early hours of June 24, before most Britons woke up to the fact their country had voted to leave the European Union, Peter Parkinson watched the results from his mother's home in southeast England and decided that his future now lay i

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Europe's eyes on Merkel to rebuild EU after Brexit vote

When the chips are down in Europe, everyone turns to Angela Merkel for a solution. But the German chancellor often sits on her hands until the last minute, then does the minimum necessary to keep the show on the road. Since last m

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