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.
The Ajman Department of Tourism, Culture and Media (ADTCM) has strengthened its strategic presence in the European market by signing a cooperation agreement with Coral Travel, one of the leading tour operators in Germany, Austria, and Switzerland.
The foreign ministers of the Gulf countries and the European Union (EU) strongly condemned the unjustified Iranian attacks targeting GCC states, considering them a direct threat to regional and global security. In a joint statement issued after an extraordinary meeting, the ministers called on Iran to immediately halt its attacks.
All terminals at Jebel Ali Port in Dubai are operating normally, said DP World, a leading provider of smart end-to-end logistics solutions and the port operator. Jebel Ali is the largest port in the Middle East, serving as a critical gateway for trade across Asia, Europe, Africa and the Americas.
Dar Global, the luxury international real estate developer, has reported a Return on Equity (ROE) of 17.3% for FY 2025 in a key achievement that places the Group among the highest-returning listed developers in the UK and Europe.
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, is rapidly expanding its footprint in Europe, adding over 32,800 rooms in the past three years to its portfolio – growth of 27%.
