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May 8, 2025

EU Disburses Over USD 1 Billion Loan Tranche to Ukraine

Brussels: The European Commission announced the disbursement of the fourth tranche of its exceptional financial assistance program to Ukraine, worth one billion euro (USD 1.13 billion).

According to Kuwait News Agency, European Commissioner for Eco…

Arab Fund Eyes Resumption of Development Projects in Lebanon

Beirut: Director General and Chairman of the Arab Fund for Economic and Social Development (AFESD) Bader Al-Saad announced that Lebanon’s newly formed government and improved stability offer an opportunity to restart development initiatives.

Accord…

Trump Announces Tentative Custom Deal with United Kingdom

Washington: US President Donald Trump declared on Thursday that a custom deal is being worked out with the United Kingdom, but indicated that its details still need to be finalized. Trump, speaking at a news conference at the White House, stated that …

Japan and EU Reaffirm Commitment to Rules-Based Trade Cooperation

Tokyo: Japan and the European Union (EU) on Thursday reaffirmed the importance of their cooperation to uphold the free and rules-based multilateral trading system with the World Trade Organization (WTO) at its core, as they discussed “the significant …