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Euro zone nations nominated two central banking veterans on Friday to succeed Christine Lagarde at the helm of the European Central Bank (ECB), both of them seasoned crisis-fighters. Spain nominated Pablo Hernández de Cos, the General Manager of the Bank for International Settlements, while the Netherlands ​nominated Klaas Knot, its …

Austria has announced that it will chair the Berlin Process in 2027, aiming to bring Western Balkan countries closer to European Union membership by strengthening regional economic, political and security cooperation. Austrian Foreign Minister Beate Meinl-Reisinger said, “A credible prospect of EU accession for the Western Balkan countries is both …

Austrian Foreign Minister Beate Meinl-Reisinger has urged closer cooperation between the European Union and Canada to address global challenges, saying the partnership has become a strategic necessity for safeguarding security and economic prosperity amid increasing geopolitical uncertainty. During her visit to Canada, Meinl-Reisinger discussed ways to expand economic, technological and …

OpenAI has closed ‌on new funding of $11 billion, the initial part of a round ​that values the company ​at $1.25 trillion, according to investment sources. The $11 ​billion raised so far represents ​only a portion of OpenAI’s original target of up to $30 billion, while ​the company’s valuation has …

The World Health Organisation (WHO) has warned of continued yellow fever outbreaks across several African countries after 67 confirmed cases were recorded in nine countries: Burkina Faso, Cameroon, the Central African Republic, Côte d’Ivoire, Ghana, Guinea, Liberia, Togo and Nigeria. WHO said cross-border population movement, the presence of mosquitoes capable …

The Food and Agriculture Organisation of the United Nations (FAO) said on Friday that global food prices declined in October, although they remained around 5.9 percent higher than in the same month last year. FAO said its Food Price Index, which tracks monthly changes in the international prices of a …

Brotherly Love, trained by British trainer Jamie Osborne and ridden by Danny Tudhope, won the Sheikh Ahmed Bin Rashed Al Maktoum Cup, sponsored by Emirates Airline, as the 2026-2027 Dubai Racing Carnival opened at Meydan Racecourse on Friday. The three-year-old beat Sirocco Winds by five and a quarter lengths on …

The UAE Balloon Team, represented by its balloon “UAE ONE”, has concluded its participation in the 39th Saga International Balloon Fiesta (SIBFO), held in the Japanese city of Saga, marking the first Arab participation in the history of this global event. Captain Pilot Abdulaziz Nasser Al Mansoori, President of the …

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, and Andrii Sybiha, Minister of Foreign Affairs of Ukraine, have discussed bilateral cooperation and ways to strengthen ties within the framework of the Comprehensive Economic Partnership Agreement between the two countries. During a telephone call, …

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, and Ed Miliband, UK Secretary of State for Foreign, Commonwealth and Development Affairs, discussed the friendly relations between the two countries and ways to further strengthen ties in support of their development priorities. During a …