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Economy Local 2025-12-09T13:12:18+00:00

Poor Performance of European Stocks Ahead of Fed Meeting

European stocks performed poorly on Tuesday amid continuing caution ahead of the Federal Reserve (US central bank) meeting, which will last two days and starts later today. Meanwhile, gains in financial and industrial stocks helped balance the index.

Poor Performance of European Stocks Ahead of Fed Meeting

European stocks performed poorly on Tuesday amid continuing caution ahead of the Federal Reserve (US central bank) meeting, which will last two days and starts later today. Meanwhile, gains in financial and industrial stocks helped balance the index.

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UAE's IAN and Chinese giant DMEGC Solar forge strategic partnership
2025-12-09T13:12:29+00:00

UAE's IAN and Chinese giant DMEGC Solar forge strategic partnership

IAN, a UAE-based renewable energy firm, has partnered with Chinese DMEGC Solar to distribute its products in the GCC, tapping into a $6.53 billion solar market.
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Dubai Opens New Trade Office in Karachi
2025-12-09T13:12:26+00:00

Dubai Opens New Trade Office in Karachi

Dubai World Chamber has opened a new office in Karachi, Pakistan, to boost trade and investment ties. This is part of a global initiative to expand Dubai's international presence.
Economy Politics Local
EU and Parliament Agree to Cut Red Tape
2025-12-09T13:11:19+00:00

EU and Parliament Agree to Cut Red Tape

Members of the European Union and the European Parliament reached an agreement early Tuesday to reduce legislative laws. This is an important step in the framework of EU law reform aimed at reducing the administrative burden. The agreement was reached after long negotiations between representatives of member states and Members of the European Parliament. It now needs to be officially approved and will come into force in the near future. "This is a historic achievement for Europe," representatives of the parties said. The new rules will simplify the lives of both businesses and citizens.
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