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.
Iran and the U.S. have concluded indirect talks in Doha without a major breakthrough, with discussions focused on maritime traffic in the Strait of Ho...
A breakaway Catholic group dedicated to preserving the traditional Latin Mass has ordained four new bishops in Switzerland, despite a direct appeal fr...
Microsoft is expected to announce a new round of job cuts as early as next week as the technology giant looks to reduce costs, according to reports....
The European Union will provide up to €200 million in grant funding to improve transport, energy and digital links across the South Caucasus, Europe...
At least 10 people were killed and 56 others injured after Russia launched a large overnight drone and missile attack on Kyiv, Ukrainian officials sai...
Iran and the U.S. have concluded indirect talks in Doha without a major breakthrough, with discussions focused on maritime traffic in the Strait of Hormuz and frozen Iranian funds. Both sides are expected to meet again after the funeral of Ayatollah Ali Khamenei.
A breakaway Catholic group dedicated to preserving the traditional Latin Mass has ordained four new bishops in Switzerland, despite a direct appeal from Pope Leo XIV to halt the ceremony.
Microsoft is expected to announce a new round of job cuts as early as next week as the technology giant looks to reduce costs, according to reports.
The European Union will provide up to €200 million in grant funding to improve transport, energy and digital links across the South Caucasus, European Commission President Ursula von der Leyen announced during a visit to Baku on Wednesday.
A Russian couple climbed to the top of the Empire State Building and unfurled a banner urging world peace before, in an apparent elaborate marriage proposal that ended with their arrests.
Iranian and U.S. negotiating teams were due in Doha this week, but Iran said on Monday no meeting had been scheduled as weekend missile fire from both sides tested the interim ceasefire to end the four-month-old war.
Negotiations between the U.S. and Iran mediated by Qatar in Doha have concluded, Iran's Deputy Foreign Minister, Kazem Gharibabadi has said.
Mexico ended their 40-year wait for a World Cup knockout win, while Erling Haaland sent Norway through and Kylian Mbappé fired France into the last 16.
Iran and the U.S. have concluded indirect talks in Doha without a major breakthrough, with discussions focused on maritime traffic in the Strait of Hormuz and frozen Iranian funds. Both sides are expected to meet again after the funeral of Ayatollah Ali Khamenei.
A breakaway Catholic group dedicated to preserving the traditional Latin Mass has ordained four new bishops in Switzerland, despite a direct appeal from Pope Leo XIV to halt the ceremony.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 2nd of July, covering the latest developments you need to know.
A Russian couple climbed to the top of the Empire State Building and unfurled a banner urging world peace before, in an apparent elaborate marriage proposal that ended with their arrests.
A California man has filed a lawsuit against OpenAI and its Chief Executive, Sam Altman, alleging that conversations with the company's ChatGPT chatbot worsened his bipolar disorder and contributed to a suicide attempt.
The United States has designated the Ecuadorian criminal group Chone Killers as a Foreign Terrorist Organization (FTO), imposing sanctions on a gang Washington says is responsible for attacks on civilians, police officers and public officials.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment