UAE and U.S. review strategic ties in trade, AI and energy
WASHINGTON: UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan met U.S. Vice President J.D. Vance in Washington during an official working visit,...
Tag : United States
Brussels proposes tariff-free pact on industrial products
The European Commission has proposed a zero-tariff deal on industrial goods to the US, aiming to ease trade tensions as Trump’s tariffs on EU imports...
Trade deficit in aluminium rises as EU imports surge in 2024
EU posts €11.1B trade deficit in aluminium for 2024 as imports outpace exports despite volume declines....
Beijing strikes back as U.S. imposes 10% tariffs on Chinese imports
China imposes new tariffs on U.S. goods, launches an antitrust probe into Google, and files a WTO complaint, escalating trade tensions after Trump’s latest tariff...
Egypt food exports reach $5.5 billion in first 11 months of 2024
Egypt’s food exports reached $5.5 billion by November 2024, marking a 17% growth over 2023, with key markets including Arab nations, Europe, Africa, and the...
US launches investigation into China’s semiconductor industry practices
The US launched a probe into China’s semiconductor industry over alleged anti-competitive practices, raising concerns about trade policies and supply chain vulnerabilities....
ADNOC L&S acquires 20 offshore assets in growth strategy
ADNOC L&S expanded its offshore operations in 2024, acquiring 20 assets, securing 19 JUB contracts, and boosting revenues 51% to $1.67 billion, marking robust regional...
Pharmacy emerges as top category in EU’s high-tech exports, valued at €446 billion
The European Union (EU) witnessed a substantial surge in high-tech imports from non-EU countries in 2022, totaling an estimated €482 billion—an impressive 22% increase compared...
Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd
Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual...
Southwest cancels thousands of flights in the United States
As a result of the harsh winter weather that has disrupted many holiday plans across the U.S., Southwest Airlines Co topped the list of U.S. airlines...