#Europe

Flydubai launches flights to Basel in August 2024 image flydubai

Aviation: flydubai launches direct flights to Basel

The addition of Basel brings the carrier’s European network to 29 destinations, including cities like Budapest, Milan and Prague

Masdar’s Endesa deal heralds more Euro investments

Masdar’s Spanish solar farm deal heralds more European investments

The company has invested in renewable projects around the world at different stages of development, valued above $30bn

Travelling to Europe this summer? Use Uber's new boat services

Visiting Europe this summer? Try Uber’s new boat services

Tourists will be able to use the Uber app to access new nautical experiences in Ibiza, Venice, Athens, Paris, Corfu and Santorini

Qatar unveils new plan to further boost LNG production

Qatar plans new gas output boost amid global price collapse

The expansion may not be the last for Qatar as appraisals of the Gulf state’s gas reservoirs would continue and production might be expanded further

flydubai to fly to four new destinations in Europe 2024 Image flydubai

flydubai launches new direct flights to 4 European cities

The addition of the four new routes grows flydubai’s network in Europe to 43 destinations across 21 countries

Aldar to invest $$111m in Europe logistics and storage assets

Aldar, Carlyle to co-invest $111m in Europe logistics and storage assets

The developer will take a majority stake in a co-investment platform, which includes a portfolio of 14 warehouses in the UK

Schengen visa process to go digital from 2028

Schengen visa: EU Council gives nod to online application

Based on the new rules, people who plan to travel to the Schengen area can apply online for a visa once the new system becomes operational in 2028

Dubai Chamber inaugurates new office in Paris

Dubai Chamber strengthens presence in Europe with Paris office

The inauguration of the office is part of the ‘Dubai Global’ initiative, which seeks to attract new business, investment, and talent to the emirate

AFC Holidays

Experience unforgettable memories with AFC Holidays travel packages from UAE

From the UAE to destinations across the globe, AFC Holidays redefines the way you experience travel and create moments that you will treasure forever

DCT Abu Dhabi

DCT Abu Dhabi, Air France-KLM partner to boost connectivity

The partnership expands Abu Dhabi’s global connectivity through daily flights to Paris

Saudia Cargo

Saudia Cargo expands European services

The air cargo services provider has signed a strategic agreement with Jan de Rijk Co to expand its reach

Snack

Introducing the snack bag of the future

Snack companies are looking at alternative packaging materials due to consumer demand and potential regulations

Saudi oil Europe

Saudi Arabia raises oil prices for Asia and Europe for April

Prices for US customers were left unchanged

Etihad

Etihad Cargo expands European capacity

The carrier will introduce two new routes from its Abu Dhabi hub to Copenhagen in Denmark and Düsseldorf in Germany

Dubai receives 14.36 million international visitors in 2022

Dubai receives 14.36 million international visitors in 2022

The emirate closed in on its pre-pandemic visitor figures of 16.73 million recorded in 2019

Wizzair launches flights from Jeddah to Europe

Wizz Air inaugurates three new routes from Europe to Jeddah

The new routes are a part of a line-up of 24 new routes to Saudi Arabia announced in recent months by Wizz Air

Air Arabia commences direct flights between Sharjah and Milan

Air Arabia commences direct flights between Sharjah and Milan

The new service will connect both cities with four weekly flights

SwissBorg

Europe’s cryptocurrency investment app SwissBorg enters the UAE

The application is said to provide a welcoming environment for first-time crypto investors, offering a wide range of services for novice to advanced users

UAE's Masdar acquires UK-based Arlington Energy to expand footprint

UAE’s Masdar acquires UK-based Arlington Energy to expand footprint

The acquisition will support Masdar’s offshore wind and renewables investment strategy

European investor M7 opens first Middle East office in Dubai

European investor M7 opens first Middle East office in Dubai

The company currently manages around €1bn of European real estate on behalf of Middle Eastern investors

Emirates announces changes to commercial teams

Dubai’s Emirates announces changes to commercial team across Middle East, Europe, other regions

The new appointments will be effective from November 1

Crypto

Bitcoin, Ether extend crypto selloff as big Fed rate hike looms

An Ether jump since mid-June that was spurred by hype around an upgrade of the Ethereum blockchain is rapidly unwinding

Natural gas

Natural gas buyers hoarding fuel at sea to prepare for winter

Natural gas prices in Europe and Asia are trading at a record high for this time of year

Their call comes in a year of record profits for Big Oil as energy prices surged with the world economy reopening from Covid lockdown

Oil steadies as traders fret global slowdown will erode demand

Oil has made a weak start to September, extending a run of three monthly losses

Gold

Gold steadies as Europe’s energy woes see greenback strengthen

Central banks globally are set to keep raising interest rates to fight inflation, weighing on non-yielding assets like gold

Dubai Airport

Dubai Airport expects full recovery next year amid travel surge

Dubai attracted 86.4 million travellers in 2019

GCC unified visa

These are the world’s most and least powerful passports in 2022

As recently as 2017, Asian countries barely featured among the world’s 10 most-accepted passports

Bosch

Bosch to spend $3bn to bolster European chip supplies

The auto-parts supplier said that it will make the investment by 2026

euro slips to dollar parity

European stocks dealt fresh blow as euro slips to dollar parity

The two currencies are worth the same for the first time in two decades

IPOs

Here are Asia’s biggest IPOs to watch for the second half

Share sales globally plummeted some 70 per cent from a year ago in the first half, to levels not seen in almost two decades