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The biggest oil company in the United Arab Emirates has secured a key European approval that brings it a step closer to completing a €12bn ($14bn) takeover of Covestro AG, part of a global deals push to create a natural gas and chemicals leader.Abu Dhabi National Oil Co won a conditional European Union go-ahead for the proposed buyout after addressing regulators’ concerns around state subsidies. The European Commission said on Friday that an offer from Adnoc to maintain Covestro’s intellectual property in Europe, as well as concessions around state guarantees, had settled earlier concerns, with the commitments valid for 10 years.The deal will be the largest takeover of a European firm by a Middle Eastern company and marks the region’s ambitions in employing its hydrocarbon wealth to build international networks. Adnoc and regional rival Saudi Aramco are snapping up liquefied natural gas supply contracts to feed growing trading arms.The Gulf countries are betting that demand for natural gas and chemicals will continue to grow as inputs for power and building blocks for consumer goods like the plastics, packaging and lightweight materials that go into mobile phones, computers and cars. Adnoc’s offer would be a cash injection into an industry that’s suffering falling prices and slack margins, hurting profit across the chemicals sector in Europe.The planned purchase of Covestro would give Adnoc control over a German company that supplies materials for some of the world’s most prominent phone and carmakers. Adnoc would own Covestro through its investment unit XRG, set up in last year as the company’s international platform for natural gas, chemicals and energy solutions.A year ago, Abu Dhabi launched the high-profile energy investment firm hoping to deploy billions of dollars on deals around the world. The company had early successes with gas deals in the US, Africa and central Asia. XRG’s biggest effort yet fell apart in September when the firm dropped its planned $19bn takeover of Australian natural gas producer Santos Ltd. It bounced back with a deal announced last week to explore buying into an LNG project in Argentina.In July, the commission, the EU’s antitrust arm, opened a full-scale investigation into the Covestro deal under tough new foreign subsidies rules. EU officials warned at the time that Adnoc’s state funding may have given it an unfair advantage over rivals with less-deep pockets, concerns that were allayed during negotiations between the parties.“Commitments offered by Adnoc effectively address the potential negative effects by allowing market participants to access key Covestro patents in the field of sustainability,” EU competition chief Teresa Ribera said in a statement. “Clear, pre-defined access to these patents will enable others to innovate and advance research in an area that is critical for Europe’s future.”Adnoc also transferred to XRG its holdings in four subsidiaries listed on the Abu Dhabi stock exchange in September. The transaction will bolster XRG’s balance sheet by providing it with cash flows from companies with total market capitalisation of nearly $120bn.

The World Bank backs language in a US-drafted United Nations Security Council resolution on Gaza that would authorise a two-year mandate for a transitional governance body.The 15-member UN Security Council began negotiations on Thursday on the text that would mandate a so-called Board of Peace transitional governance administration, giving it the authority to establish operational entities to address issues including the reconstruction of Gaza and of economic recovery programmes.The World Bank, the UN and the European Union had estimated in February it would cost more than $50bn to rebuild Gaza, and are finalising a new interim estimate of $70bn."Our engagement in Gaza will require the ability to work with international partners who enjoy the full support of the international community and full authorisation to undertake their efforts," World Bank President Ajay Banga wrote to US Ambassador to the UN Mike Waltz."The proposal to establish an authority, in the current draft the Board of Peace, by the UN Security Council with the authorisations set out in the resolution would provide the needed framework for engagement by the Bank," he said in the letter Sunday.Banga was responding to correspondence from Waltz, thanking him for sharing the draft UN resolution.The current text also "calls upon the World Bank and other financial institutions to facilitate and provide financial resources to support the reconstruction and development of Gaza as it would provide to its members, including through the establishment of a dedicated trust fund for this purpose and governed by donors."Banga said the bank appreciated this language, adding: "We are moving with all deliberate speed in these efforts so we will be ready on day one when asked to answer this call."Israel and Palestinian group Hamas agreed a month ago to the first phase of US President Donald Trump's 20-point plan for Gaza, a ceasefire in their two-year war and a hostage release deal. The next phase of the plan, which the draft UN resolution would endorse, is to establish the Board of Peace and a temporary International Stabilization Force in Gaza.The US formally circulated the draft resolution to Security Council members late on Wednesday.The draft would authorize a two-year mandate for the ISF that could "use all necessary measures" - language for force - to carry out its mandate.The US asked countries to submit feedback on the text by last Friday, said diplomats. A council resolution needs at least nine votes in favour and no vetoes by Russia, China, France, Britain or the United States to be adopted. Washington has said it aims to put the draft to a vote within "weeks, not months.""Overall, things are looking very positive. We're making changes to respond to concerns that some have raised," a U.S. official, speaking on condition of anonymity, said.

Egyptian Foreign Minister Badr Abdelatty and European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas discussed via phone the latest developments in Gaza and Sudan, efforts to promote peace and sustainable development across Africa, and strengthening the Egypt-EU bilateral relations.In a statement issued Saturday, Egypt's Foreign Ministry said Abdelatty briefed Kallas on Cairo's efforts to uphold the Sharm El-Sheikh cease-fire agreement in Gaza. He also outlined preparations for Egypt's upcoming hosting of the International Conference on Early Recovery and Reconstruction in Gaza, scheduled for later this month, and expressed hope for active participation from EU member states.On Sudan, both sides emphasized the importance of preserving the country's unity, sovereignty, territorial integrity, and national institutions. They also condemned the recent atrocities reported in the city of El Fasher.

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi met in Kuwait with European Union (EU) Commissioner for Trade and Economic Security Maros Sefcovic.The meeting took place on the sidelines of the 9th GCC-EU Economic Forum. During the meeting, several economic and commercial topics were discussed, along with ways to enhance GCC-European relations in areas and priorities of common interest. Both sides affirmed their aspiration to strengthen relations and build numerous partnerships in various fields between the Cooperation Council and the EU.

The State of Qatar participated in the 10th meeting of Permanent Representatives to the League of Arab States and Ambassadors of the Political and Security Committee of the Council of the European Union (EU), held today in Brussels.The State of Qatar's delegation was headed by Acting Charge d'Affaires at the Embassy of the State of Qatar to the Arab Republic of Egypt and Permanent Representative to the League of Arab States, Maryam Ahmed Al Shaibi.The meeting discussed the course of the Arab-European dialogue and ways to strengthen political and security consultation channels in light of the rapid regional and international developments. They also reviewed the most prominent issues, foremost among them the Palestinian issue, in addition to the latest developments in Syria, Lebanon, Libya, Sudan, Somalia and Yemen and their humanitarian and security implications. The meeting also followed up on issues of security in the Red Sea, water security, migration, refugees and displaced persons, and the Ukrainian crisis and its repercussions on regional and international security.In this context, Al Shaibi affirmed the State of Qatar's firm commitment to continuing its diplomatic and humanitarian efforts to support the Palestinian people, stressing that dialogue and a political solution are the only way to end the conflict and achieve a just and comprehensive peace.She also reviewed Qatar's ongoing mediation efforts in coordination with both the Arab Republic of Egypt and the United States of America, which resulted in previous understandings and truces, prisoner and hostage exchanges, and the entry of humanitarian aid into the Gaza Strip, noting that the Sharm El Sheikh Peace Summit represented a turning point that resulted in a ceasefire agreement in the Gaza Strip.Al Shaibi expressed Qatar's appreciation to regional and international partners for their cooperation, stressing Doha's commitment to continuing to work towards achieving a just and sustainable peace that preserves the legitimate rights of the Palestinian people. She also emphasized that humanitarian efforts are inseparable from political solutions, and that ending the suffering of the Palestinians requires a cessation of aggression and urgent international action to address the humanitarian crisis in Gaza.The State of Qatar will remain committed to its approach as a mediating and peace-making state, whose wise leadership dedicates its efforts to resolving conflicts through diplomatic means, alleviating the suffering in the Gaza Strip, and creating the appropriate conditions for the return of displaced persons to their lands, Al Shaibi added.Regarding developments in the Russian-Ukrainian crisis, Al Shaibi affirmed that the State of Qatar has adopted a firm stance since the outbreak of the crisis based on prioritizing peaceful and diplomatic solutions. She stated that the State of Qatar has believed since the start that ending the conflict cannot be achieved through military force, but rather through dialogue, respect for international law, and the sovereignty of states.She emphasized that the humanitarian dimension was a key focus of Doha's actions, as the State of Qatar provided USD 100 million in aid to support the Ukrainian people, including the rehabilitation of health and educational infrastructure, the provision of drinking water, mine clearance, and the rehabilitation of agricultural lands.Al Shaibi added that Qatar also provided 50 scholarships to Ukrainian students, believing that education is the cornerstone for building the future, and contributed to reuniting hundreds of children with their families. In April 2024, Qatar received a number of Ukrainian families as part of an integrated care and support program, in addition to supporting efforts to document and exchange prisoners' letters.Al Shaibi concluded her remarks by emphasizing Qatar's readiness to participate in any regional or international efforts aimed at achieving an urgent and peaceful solution to the crisis, stating that Qatar will continue to call for dialogue and restraint, and to keep communication channels open in order to achieve security and stability.

HE the Special Envoy of the Minister of Foreign Affairs ambassador Faisal bin Abdullah al-Hanzab met Monday with the visiting Special Envoy of the European Union for Afghanistan, Gilles Bertrand. The meeting discussed co-operation between Qatar and the European Union, particularly joint efforts in Afghanistan.

EU Entry/Exit System to be rolled out over six monthsPassport stamping to be replaced by digital recordsEU seeks tighter border controls amid immigration pressuresEuropean Union member countries began rolling out a new entry and exit system on Sunday at the bloc's external borders, electronically registering non-EU nationals' data.The Entry/Exit System (EES), an automated system that requires travellers to register at the border by scanning their passport and having their fingerprints and photograph taken, will be introduced over six months.The move is aimed at detecting overstayers, tackling identity fraud and preventing illegal migration amid political pressure in some EU countries to take a tougher stance."The Entry/Exit System is the digital backbone of our new common European migration and asylum framework," European Internal Affairs and Migration Commissioner Magnus Brunner said in a statement.Non-EU citizens will have to register their personal details when they first enter the Schengen area - all EU member countries apart from Ireland and Cyprus, but including Iceland, Norway, Switzerland and Liechtenstein.Subsequent journeys will only require facial biometric verification.The system should be fully operational, with passport stamping replaced with electronic records, on April 10, 2026."Every third country national who arrives at an external border will undergo identity verification, security screening, and registration in the EU databases," Brunner said.At the Bajakovo border crossing between Serbia and neighbouring Croatia, a EU member state, hundreds of people, many of them Serbians, queued in their cars on Sunday for around 20 minutes before entering booths for fingerprinting and face scanning."There are five lanes open, so it took us about 20 minutes in line and about two minutes (in the booth) for each of the five of us from the car," said Dalibor Vranic, from Serbia.For British travellers using the Port of Dover, the Eurotunnel terminal at Folkestone or Eurostar terminal at London's St Pancras International, the process takes place at the border before they leave the UK.At Dover and the Eurotunnel terminal, only freight and coach traffic was subject to EES checks from Sunday.Passenger vehicle checks will follow in November at Dover and by the end of the year at Eurotunnel, while the Eurostar at St Pancras was gradually introducing the new process, starting with some business travellers from Sunday."The UK and EU have a shared objective of securing our borders and these modernisation measures will help us protect our citizens and prevent illegal migration," British Minister for Border Security and Asylum Alex Norris said.

His Excellency Minister of State for Foreign Affairs Sultan bin Saad Al Muraikhi met on Monday with the Secretary of State of the Republic of Poland Wladyslaw Teofil, on the sidelines of the 29th Joint Ministerial Meeting between the Gulf Cooperation Council (GCC) and the European Union (EU), held in Kuwait. During the meeting, they discussed cooperation relations between the two countries and ways to enhance and support them, in addition to several topics of mutual interest.

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi met with Minister of Foreign Affairs of the Netherlands David van Weel on the sidelines of the 29th Joint Ministerial Meeting between the GCC and the European Union, currently taking place in Kuwait. The meeting discussed ways to enhance the GCC-Dutch relations and the strategic partnership between the GCC and the European Union, in a manner that serves common interests. The two sides also exchanged views on the latest regional and international developments. Albudaiwi commended the Netherlands' balanced positions and expressed hope that it would recognize the State of Palestine, a step that would support efforts to achieve the two-state solution and promote security and stability in the region.

The 29th joint ministerial meeting between the Gulf Cooperation Council (GCC) and the European Union (EU) kicked off today in Kuwait with the participation of foreign ministers and senior officials from both sides. The meeting will address a number of regional and international topics of common interest, including developments in the Middle East, ways to enhance trade and energy corporation, and efforts to combat climate change. It will also follow up on the implementation of the outcomes of the first GCC-EU summit held in Brussels last year. In this context, Kuwaiti Minister of Foreign Affairs and Chairman of the current session of the GCC Ministerial Council, Abdullah Al-Yahya said in a speech at the launch of the joint ministerial meeting that the convening of the GCC-EU meeting embodies the shared desire to continue building on the solid achievements of cooperation and coordination. He added that regional and international events have proven that common challenges, most notably terrorism, foreign interventions, threats to maritime security, and humanitarian crises, require collective coordination and cooperation to enhance the stability of peoples and support peace and development. He stressed the need to launch joint initiatives that reflect a commitment to collective solutions and international solidarity. He also affirmed the two sides' keenness to enhance cooperation in the areas of regional security, energy security, the green economy, digital transformation, advanced technology, and cultural and educational exchange, to serve the aspirations of their peoples for a more stable and prosperous future. On the Palestinian cause, the Kuwaiti Foreign Minister affirmed that it remains a top priority for the GCC as a matter of right and justice. He condemned the humanitarian tragedies experienced by the Palestinian people in the Gaza Strip due to the siege, destruction, and displacement, calling on the international community to take urgent action to stop the violations and enable the Palestinian people to establish their independent state on the June 4, 1967, borders, with East Jerusalem as its capital. He also commended the efforts made by US President Donald Trump to stop the war in Gaza and the joint initiative adopted by Saudi Arabia and France to hold an international conference to implement the two-state solution. He also welcomed the announcement by a number of friendly European countries of their recognition of the State of Palestine, expressing hope that this recognition would expand in support of a just and comprehensive peace. The Kuwaiti Foreign Minister expressed the country's support for Syria's path toward stability and reconstruction, and for ongoing efforts to strengthen Lebanon's sovereignty and stability. He called on all parties in Yemen, Sudan, Somalia, and Libya to prevail and engage in political dialogue that achieves security, unity, and sovereignty for these countries.

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.

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.