United Arab Emirates

European Commission President Ursula von der Leyen revealed today in Cyprus the anticipated activation of a humanitarian sea corridor between Cyprus and Gaza, involving collaboration among the EU, US, and UAE.

Egypt has secured an additional $5 billion in IMF loans, after the central bank hiked interest rates and allowed the pound to plunge by nearly 40 percent.

The Central Bank's decision to raise the key deposit rate to a record 27.25 percent caught the market by surprise.

The bank also committed to "allowing the exchange rate to be determined by market forces."

In the ever-changing landscape of global travel, the power of a passport goes beyond simply granting access to different countries. While some rankings focus solely on visa-free travel, a new index by tax and immigration consultancy Nomad Capitalist takes a more comprehensive approach, reports econ.bg.

Humanitarian aid for Gaza is expected to sail from Cyprus in coming days, a source familiar with the matter said on Wednesday.

It was not immediately clear which country was supplying the aid, where it would land or how it would be distributed. The source said aid was being coordinated with the United Arab Emirates.

Moscow, Riyadh and several other OPEC+ members on Sunday announced extensions to oil production cuts first announced in 2023 as part of an agreement among oil producers to boost prices following economic uncertainty.

A ship attacked by Yemen's Houthi rebels has sunk in the Red Sea after days of taking on water, officials have said, the first vessel to be fully destroyed as part of their campaign over Israel's war against Hamas in the Gaza Strip.

A high-level WTO conference ended Saturday with a temporary extension of an e-commerce moratorium but no deals on agriculture and fisheries, throwing into doubt the effectiveness of the multilateral trade body.

Heads of state and government, dozens of foreign ministers, academics and think tanks from across the world will be in Antalya to attend the annual diplomacy forum, which will focus on the role of diplomacy in the age of conflicts.

The negotiations between the GEK Terna group and investment funds of Arab interests, which are now in the driver's seat for the acquisition of Terna Energy, are on a good track, Kathimerini understands.

In a significant move, the Houthi rebels in Yemen have declared a ban on American, British, and Israeli ships from entering the Red and Arabian Seas, as well as the Gulf of Aden. The ban extends to vessels owned or partially owned by Israeli citizens or companies, as well as those flying the Israeli flag.