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Renewable Energy Usage in EU Hits 26% Mark in 2025

Abu dhabi: Provisional data for 2025 show that the share of energy from renewable sources in gross final energy consumption in the EU reached 26.2%, up from 25.2% in 2024. The share has been rising since the time series began in 2004 (9.6%). However, …

US Stocks Close Sharply Lower

New york: Major US stock indexes closed sharply lower on Thursday. At the close, the Dow Jones Industrial Average fell 507 points, or 0.97%, to 51,711. The Nasdaq Composite dropped 553 points, or 2.15%, to 25,137, while the S and P 500 declined nearly…

Arab Parliament Condemns Attack on Saudi Vessel in Red Sea

Abu dhabi: Mohammed bin Ahmed Al Yamahi, Speaker of the Arab Parliament, has condemned the Houthi attack on a Saudi vessel in the Red Sea, stressing that the attack threatens international maritime navigation, vital waterways, and global energy suppli…

Ford and Geely to Jointly Produce Low-Emission Vehicles

Valencia: Ford and Chinese automotive company Geely Auto announced plans on Thursday to jointly manufacture low- and zero-emission vehicles at Ford’s Valencia, Spain factory.

According to Emirates News Agency, the joint venture, pending regulatory …

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