The British government announced on Wednesday that it had struck a series of trade and investment agreements worth $8.6 billion with Saudi Arabia, marking a major step in the UK’s efforts to boost economic relations across the Gulf.
Finance Minister Rachel Reeves met senior Saudi officials and business leaders in Riyadh this week, where discussions focused on expanding trade, investment, and financial cooperation between the two countries.
As part of the deals, the UK’s Export Finance agency will provide around £5 billion in export credit to support British firms competing for contracts in Saudi Arabia.
Several major UK-based companies, including Aberdeen Investcorp, Barclays, HSBC, and artificial intelligence firm Quantexa, signed new agreements aimed at deepening their presence in the Gulf.
British officials say the partnership will help increase UK exports, create jobs, and attract fresh investment, reinforcing London’s goal of strengthening trade ties beyond Europe.
Azerbaijan is stepping up efforts to strengthen its position as a regional hub for investment and connectivity ahead of the second Azerbaijan Inter...
Standing amidst the shattered concrete, twisted reinforcing bars...
Nigeria’s anti-drug agency says it has dismantled a methamphetamine production syndicate in what officials describe as the country’s la...
Iran and Pakistan discussed developments in stalled Iran-U.S. negotiations during a visit to Tehran by Pakistani Interior Minister Mohsen Raza Naqv...
President of Azerbaijan Ilham Aliyev held a telephone conversation with French President Emmanuel Macron on Thursday (21 May), with both leaders di...
Nigeria’s anti-drug agency says it has dismantled a methamphetamine production syndicate in what officials describe as the country’s largest drugs seizure of its kind.
President of Azerbaijan Ilham Aliyev held a telephone conversation with French President Emmanuel Macron on Thursday (21 May), with both leaders discussing bilateral ties, regional developments and ongoing peace efforts in the South Caucasus.
After many years, reams of regulatory paperwork and a well-timed presidential visit, Tesla has finally launched its Full Self-Driving (FSD) system in China, the world’s largest electric vehicle market and one in which competitors have been rapidly advancing their autonomous driving capabilities.
Officials and urban development experts at WUF13 in Baku examined how conflict, displacement and climate disasters are intensifying the global housing crisis and placing increasing pressure on cities worldwide.
Asian stocks surged on Thursday as some vessels resumed passage through the Strait of Hormuz, while forecast-beating results at Nvidia and a suspended workers' strike at Samsung Electronics lifted shares of chipmakers.
Day four of the World Urban Forum (WUF) in Baku brings a packed agenda on sustainable cities and the global housing crisis, with sessions on green housing, smart cities, public spaces and urban rights taking place on Wednesday (20 May) at Baku Olympic Stadium in Azerbaijan.
At least 21 people have been killed and thousands evacuated after torrential rain triggered flooding, landslides and transport disruption across southern and central China, with authorities warning that more heavy rainfall is expected along the Yangtze River.
The penultimate day of the World Urban Forum 13 in Baku will see Azerbaijan's Pavilion highlight post-construction efforts in Garabagh and East Zangezur, as well as host events on the future of Baku and architectural education.
Russia’s ambassador to the United Nations Vasily Nebenzya warned on Tuesday (19 May) that Moscow could retaliate against Baltic states if Ukraine launches military drones from that region. Latvia, the United States and Ukraine responded strongly during a UN Security Council meeting.
Nigeria’s anti-drug agency says it has dismantled a methamphetamine production syndicate in what officials describe as the country’s largest drugs seizure of its kind.
After many years, reams of regulatory paperwork and a well-timed presidential visit, Tesla has finally launched its Full Self-Driving (FSD) system in China, the world’s largest electric vehicle market and one in which competitors have been rapidly advancing their autonomous driving capabilities.
Activists from a Gaza-bound flotilla detained by Israel at sea have been released from prison and are expected to be deported to Türkiye, officials confirmed on Thursday.
NATO fighter jets were activated on Thursday (21 May) after at least one drone entered Latvian airspace, according to Latvia’s armed forces, marking the latest in a series of security incidents across the Baltic region linked to the war in Ukraine.
Russia pledged support for Cuba on Thursday after the U.S. indicted former Cuban president Raúl Castro on murder charges linked to the 1996 downing of exile planes, escalating tensions between Washington and Havana.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment