In a statement to a British parliamentary committee, Britain’s Europe minister James Cleverly said, London and Brussels are at an impasse over changes to parts of the Brexit deal that relate to Northern Ireland. Both sides have been trying to… Read More ›
diplomatic
British foreign minister Liz Truss to pursue trade deal with Gulf countries in her visit to Saudi Arabia and Qatar
British foreign minister Liz Truss will be travelling to Qatar and Saudi Arabia this week to pursue a potential trade deal with Gulf countries as well as to deepen diplomatic ties. During her visit, Truss will meet her Saudi counterpart… Read More ›
UK Germany, Netherlands agree on common G7 approach on Taliban
In a statement British Prime Minister Boris Johnson’s office said, Prime Minister Boris Johnson and German Chancellor Angela Merkel have discussed the situation in Afghanistan and agreed on the need for a common approach by the G7 as well as… Read More ›
China continues trade war against Australia, imposes punitive tariffs on Australian wine exports
Continuing its efforts in an attempt to bully Australia, on Friday, China’s Ministry of Commerce said, it will temporary impose anti-dumping measures on Australian wine from November 28, 2020. The move will further escalate trade and diplomatic tensions between Canberra… Read More ›
Chevron’s Middleastern pivot central to its energy strategy
In a significant development, U.S. oil giant Chevron Corp is staking its natural gas future on the Middle East, a typically volatile region where energy majors have long tread warily. Chevron’s CEO Michael Wirth’s Middle Eastern pivot underpins a bet that… Read More ›
First ever visit by UAE delegation led by economy minister to normalise relations with Israell
On Tuesday, following a U.S. brokered agreement, the first ever official delegation from the United Arab Emirates left for Israel with the two countries looking to broaden ties and normalise relations. According to Israeli officials, the visit will be largely… Read More ›
Israel-UAE trade could reach $4 billion in 1 year: Israel’s Intelligence Minister Eli Cohen
On Monday, in a statement Israel’s Intelligence Minister Eli Cohen stated, the annual trade between Israel and the United Arab Emirates is likely to touch $4 billion. The development comes in the wake of an announcement by both countries that… Read More ›
New Zealand’s PM Jacinda Ardern likely to discuss Huawei on her 1-day China tour
Among the things she is likely to discuss with China’s President Xi Jinping and Premier Li Keqiang are, potential upgrade to the 2008 FTA and NZ’s transparency on blocking Huawei Technology’s bid to create a 5G network in the country…. Read More ›
Qatar to invest $20 billion in sports sector ahead of 2022 world cup
Qatar aspires to be a regional hub for sporting events in the run-up to the 2022 soccer World Cup. As per a senior Qatari official, the Gulf state is aiming to attract more sports companies to the Gulf state and… Read More ›
Hyundai Motor reviewing optimization plans for its Chinese factories
For its full year, Hyundai Motors sees a flat sales growth. Hyundai Motor faces overcapacity at its Chinese plants. Following a slump in its car sales in China, Hyundai Motor stated, its Chinese joint venture is accepting voluntary retirements from… Read More ›