#European Commission

EU assessing deal by e& Group for Czech PPF’s assets

e& Group secures EU approval to buy Czech PPF’s telecoms assets

e& has secured “all regulatory approvals” and “closing of the deal remains subject to customary remaining closing terms”

e& Group & offers concessions after EU alleges subsidies

UAE’s e& offers concessions after EU alleges subsidies in PPF deal

The move came a month after the European Commission began investigating an unlimited guarantee and a loan from UAE-controlled banks that facilitated the deal

Turkey imposes 40% tariff on vehicle imports from China

Turkey imposes 40% tariff on vehicle imports from China

The additional Turkish tariff will be set at a minimum of $7,000 per vehicle, with effect from July 7

Microsoft

Microsoft to separate Teams and Office globally amid antitrust scrutiny

The European Commission has been investigating Microsoft’s tying of Office and Teams since a 2020 complaint by Salesforce-owned competing workspace messaging app Slack

Microsoft activision

Biggest-ever gaming deal clears regulatory hurdle: Microsoft closes $69bn Activision Blizzard deal

The deal was blocked in April by UK’s Competition and Markets Authority which said it could give Microsoft a stranglehold over the nascent cloud gaming market

COP28 preparatory talks

COP28: Dr Sultan Al Jaber meets Ursula von der Leyen for climate talks in Brussels

The two reaffirmed their commitment to facilitate the “highest possible ambition” for the COP28 climate conference scheduled to be held in Dubai

Schengen visa application

EU inches closer to digitalise Schengen visa procedure

The proposal aims to make the visa application procedure more efficient and to improve the security of the Schengen area

European Commission approves continuous export of UAE camel milk to 27 EU countries in 2021

Currently, the MOCCAE is liaising with Chinese authorities to obtain their approval for exporting UAE camel milk and its products to China