Global sales of electric cars weakened during the first quarter with the top markets of China and US leading the sales decline. In 43 key markets analysed by the consulting firm PwC, the number of electric cars sold was 1% lower than in the same period in 2025, at just under 2.7 million.
Leading global multi-disciplinary design consultancy HKR has appointed Monika Kalinowska as its new design lead. An industry veteran, she brings extensive experience across cultural, commercial, hospitality and residential sectors from the Europe, Middle East and North America regions.
Saudi Arabia’s Northern International Highway continues to serve as one of the Kingdom’s most strategically important transport corridors, reinforcing regional trade links and cross-border mobility across the Middle East and beyond.
TotalEnergies has completed its acquisition of 50 per cent of EPH’s Western European flexible power assets, forming TTEP, Europe’s second-largest flexgen player with 14 GW capacity across five countries and 30 TWh output in 2025.
Europe risks jet fuel shortages after Middle East shipments halted due to conflict and closed shipping routes, threatening aviation just as airlines prepare for peak summer travel demand.
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has announced plans to acquire an 80% stake in Italian aluminium recycling company Eco Green. A specialist in aluminium scrap collection, Eco Green has a 70,000 tonnes per year capacity.
European gas prices have surged following rising tensions in the Middle East, as failed ceasefire talks between Iran and the US unsettle global energy markets.
The European Commission stated that carbon dioxide emissions regulated under the European Union Emissions Trading System (EU ETS) decreased by 1.3 per cent in 2025, keeping the bloc on track to achieve its 2030 target of a 62 percent reduction.
Airports Council International (ACI) Europe has warned that Europe could see jet fuel shortages if the Strait of Hormuz does not reopen in the next three weeks. The Gulf is a major source of aviation fuel, accounting for about 50% of Europe's imports.
Outletcity Metzingen has reaffirmed its position as a top European outlet destination, ranking first in Germany and continuing to be one of Europe’s highest-performing outlet centres, according to the 2025 Outlet Centre Performance Report by ecostra and magdus.
