The European Union members recently approved loans worth $4.4 billion in three instalments to Egypt and $555 million to Jordan
European Union
Latest in European Union
EU
UAE and EU look to boost $67.6bn trade ties
UAE aims to strengthen ties with Europe as it develops economic, investment and diplomatic ties with the EU
Cryptocurrency
EU legislation fallout fuels demand for crypto business expansions to UAE, advisory firms reveal
Digital asset exchanges, NFT marketplaces, utility token issuers, tokenised funds, and payments companies are among the ventures seeking to relocate or expand their operations to the UAE
Abu Dhabi
UAE holiday guide; Saudi visa rules; Dubai real estate records; Coldplay in Abu Dhabi – 10 things you missed this week
UAE holiday planning, Saudi visa rule updates, Dubai real estate records, Coldplay in Abu Dhabi and more top news stories this week
Cryptocurrency
New EU law to trigger exodus of crypto ventures flocking to UAE
The EU’s loss could be the UAE’s gain as new crypto regulations are expected to trigger an exodus of virtual asset firms flocking to Dubai and Abu Dhabi
Europe
Analysis: Europe’s right-wing shift unlikely to disrupt Gulf trade ties – experts
Europe’s rightward political shift, driven by self-interest, is unlikely to disrupt trade with the Gulf region amid rising nationalism and anti-EU sentiment, experts say
Abu Dhabi
UAE plays critical role in Egypt economic turnaround with $35bn investment: Report
ADQ’s $35 billion investment in Ras El Hekma development singled out as the turning point in the fiscal fortunes of the country
China
EU proposes 5-year duties of up to 36% on Chinese electric cars, lower tariff for Tesla
China and the EU have butted heads in recent years on a range of issues relating to trade, technology and national security
AI
World’s first AI regulation takes effect in EU
Tech giants and global policymakers are facing a new reality as the world’s first AI regulation launches in the European Union
Electronic Travel Information and Authorisation System (ETIAS)
What will the EU’s new Entry-Exit System mean for UAE travellers?
After several delays, the new system is on track to launch in November this year