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Saturday, May 30, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "European" (75 articles)

Gulf Times
Business

European shares ease as losses in energy, healthcare stocks weigh

European shares eased on Tuesday as heavyweight energy and healthcare stocks lost ground, while investors weighed the potential impact of a US government shutdown that could delay the release of the closely-watched monthly jobs data. The pan-European STOXX 600 (.STOXX), opened new tab slipped 0.2% to 554.7 points, though set for its third successive monthly gain and a more than 2% gain for the quarter. Heavyweight oil and gas stocks dipped 0.8%, tracking declining oil prices. France's TotalEnergies and the UK's BP fell more than 1% each. Healthcare stocks also shed 0.3%, with Denmark's Novo Nordisk and the UK's AstraZeneca down about 1% each. On the economic data front in Europe, the UK economy grew 0.3% in the second quarter, French preliminary inflation stood at 1.1% in September and German retail sales unexpectedly fell in August. Britain's ASOS slid 11.4%.

Gulf Times
International

European Commission President welcomes Trump's Gaza peace proposal

European Commission President Ursula von der Leyen welcomed on Tuesday US President Donald Trump's peace proposal, which aims to end the nearly two-year-old war in Gaza. "I welcome US President Donald Trump's commitment to end the war in Gaza and encourage all parties to now seize this opportunity. The EU stands ready to contribute," she said on X platform. "Hostilities should end with provision of immediate humanitarian relief to the population in Gaza and with all hostages released immediately," she added. The US President has announced a plan to end the war in the Gaza Strip through a comprehensive agreement that guarantees the unimpeded delivery of adequate humanitarian aid to the Strip, prevents the displacement of Palestinians, releases hostages, establishes a security mechanism that guarantees the security of all parties, in addition to a full Israeli withdrawal, the reconstruction of Gaza, and the establishment of a path to a just peace based on the two-state solution. This would see Gaza fully reunited with the West Bank in a Palestinian state in accordance with international law, as a key to achieving regional stability and security.

Gulf Times
Qatar

Minister of Finance meets State Secretary for European, Middle Eastern and African Affairs in Romania

His Excellency Minister of Finance Ali bin Ahmed Al Kuwari met with the State Secretary for European, Middle Eastern and African Affairs and Coordinator of the European Union and Global Affairs Department at the Ministry of Foreign Affairs of Romania, Clara Georgiana Staicu, who is visiting the country. The meeting focused on aspects of cooperation between the two countries and key economic, investment and trade developments.

Gulf Times
International

Iran recalls its ambassadors from London, Paris, Berlin

The move comes in response to the activation of the dispute resolution mechanism by the three European powers, known collectively as the "E3", which paves the way for the automatic reimposition of UN sanctions previously lifted under the Joint Comprehensive Plan of Action (JCPOA). This diplomatic rupture follows the failure of a Russian-Chinese draft resolution at the UN Security Council aimed at delaying the reinstatement of sanctions for six months. The resolution fell short of the required votes, triggering the so-called snapback mechanism, which revives punitive measures linked to Iran's nuclear program. Iran, while reaffirming its commitment to the JCPOA, squarely blames the current crisis on the United States' unilateral withdrawal from the deal in 2018 and accuses European signatories of failing to uphold their obligations. Tehran insists it remains open to dialogue, provided sanctions are lifted. According to recent reports by the International Atomic Energy Agency (IAEA), Iran's nuclear activities remain under surveillance. A new agreement between Iran and the IAEA was recently reached in Cairo, underscoring ongoing technical cooperation. In a related development, Secretary of Iran's Supreme National Security Council Ali Larijani revealed in an interview with PBS that Iran had submitted proposals to avoid triggering the snapback clause. However, he warned that if sanctions are reinstated, Iran will respond by suspending cooperation with the IAEA, citing legislation passed by the Iranian parliament. All UN sanctions on Iran are set to be reimposed at midnight GMT, following the E3's formal activation of the 30-day mechanism, accusing Tehran of breaching the nuclear accord, a claim Iran vehemently denies.

Gulf Times
Business

European stocks slip on healthcare, industrial losses

European stocks retreated on Thursday under pressure from losses in the healthcare and industrials sectors in early trading, with focus on remarks from a number of Federal Reserve (US central bank) policymakers and data scheduled later in the day to clarify the path of monetary policy.The pan‑European STOXX 600 index fell 0.5 percent to 551.3 points.Most European stock exchanges also opened lower, with both Germany's benchmark index and the UK's FTSE 100 down 0.4 percent.The healthcare stocks index dropped 1.1 percent, with German medical technology firm Siemens Healthineers falling 6 percent.British medical device maker Smith and Nephew also slipped by 1.1 percent.Losses also included the construction and building materials sector, which fell 1.1 percent, and the industrial goods and services sector, down 0.6 percent.

Gulf Times
Qatar

Qatar participates in Ministerial Meeting on joint efforts for de-escalation in Sudan

The State of Qatar participated in a ministerial meeting 'Joint Efforts for De-escalation in Sudan,' organized by the European Union, on the sidelines of the 80th session of the UN General Assembly in New York. The State of Qatar was represented by Her Excellency Minister of State for International Cooperation Dr. Maryam bint Ali bin Nasser Al Misnad. During the meeting, Her Excellency affirmed Qatar's support for the brotherly Sudanese people and its respect for Sudan's sovereignty and unity, as well as the importance of preserving the integrity of its territory. Her Excellency Minister of State for International Cooperation also highlighted Qatar's support for Sudan in the initiative to protect women in conflict zones, to which it had previously pledged $10 million, in addition to medical and food aid.

Gulf Times
Business

European stocks rise after Fed Rate Cut

European shares nudged up on Thursday after the US Federal Reserve lowered borrowing costs for the first time since December, while shares of SIG plummeted after the Swiss-based company issued a profit warning. The pan-European STOXX 600 rose 0.5% to 553.49 points, in broad-based gains.In Denmark, Novo Nordisk rose 2.6%.SIG Group slid 20%.Britain's Next also lost 5.5%.

The European Commission's High Representative for Foreign Affairs Kaja Kallas takes part in a press conference in Brussels, Belgium on Wednesday. REUTERS
Region

EU Commission proposes suspending free-trade arrangements on Israeli goods

The European Commission on Wednesday proposed suspending a trade arrangement affecting about 5.8 billion euros ($6.87 billion) of Israeli exports due to the Gaza war, although the measure does not currently have enough support among EU nations to pass.EU foreign policy chief Kaja Kallas also proposed a package of sanctions on two Israeli ministers, as well as "violent" Israeli settlers and 10 senior members of Hamas.The two ministers are far-right National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich, an EU official said.Israel's nearly two-year offensive in Gaza and the worsening humanitarian situation has increased political pressure on European leaders to take action.The European Union is Israel's biggest trading partner, with trade in goods between the two amounting to 42.6 billion euros last year, according to the EU.If the free-trade arrangement is suspended, Israel would face duties at the same level as other countries without a trade accord with the bloc.In Israel's case, that would affect exports worth approximately 5.8 billion euros, resulting in an estimated 227 million euros a year in duties, a senior Commission official told reporters.Israeli Foreign Minister Gideon Saar said on X that the European proposals are "morally and politically distorted, and it is to be hoped that they will not be adopted".The suspension of free-trade arrangements, first floated by European Commission President Ursula von der Leyen last week, would require the support of a qualified majority of EU governments - 15 out of 27 EU members representing 65% of the EU population.EU diplomats told Reuters that it is unlikely that the proposal would get the necessary support, with much depending on Germany, which has so far been reluctant to impose EU penalties on Israel.A German government spokesperson said on Wednesday it has not yet formed a final view on the EU proposals and Germany wants to keep the channels of communication with Israel open.Diplomats say the proposed measures against the Israeli ministers are also unlikely to pass as they require unanimous support from EU members.Kallas said that although public opinion has been shifting due to suffering in Gaza, she believes "the political lines are very much in the place where they have been so far".But the proposals mark a political shift in the EU's relationship with Israel.The Commission is also putting its bilateral support for Israel on hold, without affecting work with Israeli civil society and Yad Vashem, Israel's main Holocaust memorial centre.

Gulf Times
Business

European stocks rise supported by banking sector

European stocks rose in early trading on Monday, supported by bank shares, as investors await a busy week of central bank meetings, including the Federal Reserve's (US central bank) meeting.The Stoxx 600 index rose 0.2 percent to 556.2 points, with the interest-sensitive banking sector leading gains, up 0.8 percent.Shares of French fuel retailer Rubis rose 6.7 percent, topping the Stoxx 600 index's gainers list. The company's value is estimated at approximately USD 3.5 billion.The French CAC 40 index rose 0.4 percent, with shares of local banks such as Societe Generale up 1.3 percent, while both BNP Paribas and Credit Agricole rose about 0.9 percent.

EU Commission President Ursula von der Leyen gives her annual State of the Union address during a plenary session at the European Parliament in Strasbourg, eastern France, on Wednesday. AFP
International

EU chief to push for sanctions on Israel ministers, curb trade ties over Gaza

EU chief Ursula von der Leyen said Wednesday she would push to sanction "extremist" Israeli ministers and curb trade ties over Gaza, as she warned famine could not be used as a "weapon of war".Addressing the European Parliament, von der Leyen lamented that divisions among member states were holding back a European response and said the European Commission she leads "will do all that it can on its own"."What is happening in Gaza has shaken the conscience of the world. People killed while begging for food. Mothers holding lifeless babies. These images are simply catastrophic," von der Leyen said."For the sake of the children, for the sake of humanity -- this must stop."The German politician, 66, said the commission would put its bilateral support to Israel on hold, stopping all payments, but without affecting work with civil society groups and Israel's Yad Vashem Holocaust memorial.The measure is to affect future allocations amounting to about six million euros ($7 million) a year and the disbursement of about 14 million euros for ongoing institutional cooperation projects, the commission said.The European Union's executive will propose sanctions on "extremist ministers" -- whose actions and words "incite violence" -- and "violent settlers".And it will push for a partial suspension of an association agreement with Israel on trade-related matters.But such measures will need approval by the bloc's 27 member states, which have been deeply divided on how to respond to Israel's actions in Gaza."I am aware it will be difficult to find majorities," von der Leyen conceded."And I know that any action will be too much for some. Too little for others. But we must all take our own responsibilities".The United Nations declared famine last month in parts of Gaza, warning that 500,000 people face "catastrophic" conditions.

Gulf Times
Qatar

EU, Qatar hold joint workshop on digital regulatory frameworks

The European Union-Qatar joint workshop on adapting regulatory frameworks and practices in the digital age concluded in Doha on Tuesday. The workshop aimed to strengthen mutual understanding of regulatory challenges in the digital sphere, to support exchanges of expertise between Qatari and European institutions, and to discuss practical policy tools for safeguarding digital rights. The programme included real case studies to help build national capacities and underlines the importance of embedding human rights principles, such as freedom of expression, privacy protection, and non-discrimination, at the core of sustainable digital policies, in line with the United Nations Global Digital Compact. The event brought together participants from across Qatar, including representatives of the Public Prosecution, the Ministry of Interior, the Ministry of Foreign Affairs, the Supreme Council of the Judiciary, and the National Cybersecurity Agency.

Gulf Times
Qatar

Al Khulaifi participates in European House - Ambrosetti 

HE Minister of State at the Ministry of Foreign Affairs Dr. Mohammed bin Abdulaziz bin Saleh Al Khulaifi participated Friday in the European House - Ambrosetti, held in the Italian city of Como, in the presence of a number of senior officials, experts, and decision-makers.HE Al Khulaifi gave a speech on insights from the Gulf and Turkiye on the evolving geopolitical balance, during which he discussed the State of Qatar's role in addressing regional and international challenges, emphasising the importance of dialogue, mediation, and principled engagement as fundamental pillars for achieving security and stability.HE Al Khulaifi highlighted the humanitarian and diplomatic efforts undertaken by the State of Qatar in the Gaza Strip, including keeping humanitarian lifelines open, securing vital aid, and preventing escalation through engagement with various parties.Regarding the situation in Syria, HE Al Khulaifi said that Qatar played a part in providing diverse humanitarian assistance, saying these efforts helped provide a sense of stability and hope for the brotherly Syrian people.Regarding regional stability, he stressed the State of Qatar's commitment to opening channels of communication with all parties to reduce risks and create spaces for dialogue, emphasizing that escalation serves no one, while dialogue and humanitarian support pave the way toward stability.HE Al Khulaifi also stressed the importance of the partnership with the United States and its pivotal role in supporting regional and international security, stating in this regard that the State of Qatar is keen to cooperate with American efforts by utilizing its trusted channels with various regional and international parties.He concluded by emphasising that the State of Qatar's role extends beyond crisis management to adopting the necessary preventative measures and mechanisms to address and maintain open channels of communication when others are unable to do so.HE Al Khulaifi emphasised that respect for international law was not an option, but a necessity, and that the State of Qatar will continue to shoulder its responsibilities as a trusted partner in the international community.