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Europe
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AI
UAE’s G42 launches Europe and UK HQ in London to power AI growth
G42 expands into Europe with new UK HQ in London, bringing AI solutions to key industries
Armenia
Armenia announces visa-free travel for citizens and residents of UAE, Saudi, Qatar, Kuwait, Oman and Bahrain
Armenia welcomes tourism and business with visa-free travel for UAE, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain
anti money laundering
EU removes UAE from ‘high-risk’ money-laundering list
EU removes UAE from high-risk money-laundering risk as the country makes efforts to strengthen financial regulations
Schengen area visa
Schengen Visa: UAE travellers’ guide to hidden summer 2025 destinations beyond Europe
A Schengen visa also opens doors to many surprising non-Schengen countries worldwide, offering UAE travelers affordable and less crowded alternatives this summer
Five Holdings
Dubai’s FIVE Holdings mulls IPO and listing in London or New York: Report
Founder and Chairman Kabir Mulchandani has always looked at Dubai for primary listing, but a Reuters report says it could be an international exchange
Ireland
Irish food and drink exports to Middle East and Africa hit $624m in 2024
Irish food exports to Middle East and Africa pass $620m and exporters expect growth
Abu Dhabi
Etihad Airways launches new flights to Prague, Warsaw in Central Europe expansion
Prague and Warsaw join Etihad’s European network as the airline prepares to welcome 16 new destinations throughout 2025
cepa
UAE and Serbia eye $351m trade relations as CEPA deal launches
UAE and Serbia launch Comprehensive Economic Partnership Agreement to boost trade
English Premier League
Khaldoon Al Mubarak eyes new Manchester City signings after disappointing season
Manchester City Chairman Khaldoon Al Mubarak is confident the Abu Dhabi-backed team will compete for major honours again next season
cepa
UAE and EU look to boost $68bn trade relations with CEPA deal
UAE and EU advance talks over Comprehensive Economic Partnership Agreement
FlyDubai
Flydubai to launch flights to Chișinău, Iași, Riga and Vilnius in 2025
Flydubai to launch new flights to destinations around Europe later this year
Donald Trump
Trump’s EU tariff extension pushes gold prices down
Spot gold was down 0.3% at $3,346.55 an ounce, while US gold futures fell 0.6% to $3,345.80
Donald Trump
Trump postpones 50% tariff on EU imports to July 9
The euro and US dollar rose against the safe-haven yen and Swiss franc after the deadline extension
Automotive
Chinese EV maker BYD surpasses Tesla sales in Europe for first time
As sales of BEVs jump 17% in Europe, BYD sells 7,231 fully battery-powered cars in April, compared to 7,165 by Tesla
Abu Dhabi Global Market
Deutsche Bank expands in UAE with Abu Dhabi Global Market licence
Deutsche Bank to start Abu Dhabi Global Market operations
Artificial intelligence
UAE’s MBZUAI strengthens AI research ties with France
MBZUAI’s research ties with France are also supported by the growing presence of the MBZUAI France Lab in Paris