At Least 7 Dead After Philippines Hit By Twin Quakes

Manila: Seven people have died and 11 were injured following a series of powerful earthquakes that struck Davao Oriental and neighboring regions. The National Disaster Risk Reduction and Management Council (NDRRMC) confirmed the fatalities and injuries resulting from the magnitude 7.4 and 6.8 earthquakes that occurred on October 10. According to Emirates News Agency, the … Read more

SandP Global Ratings Upgrades Egypt’s Credit Rating Amid Economic Reforms

Cairo: SandP Global Ratings has upgraded Egypt’s long-term sovereign credit rating to ‘B’ from ‘B-‘, while maintaining a stable outlook. The agency also affirmed the ‘B’ short-term sovereign credit rating. According to Emirates News Agency, the stable outlook reflects Egypt’s improving growth prospects and balance of payments trends, despite challenges such as high government deficits … Read more

EU’s Entry/Exit System Progressively Starts Operations on 12 October 2025

Brussels: From 12 October, EU Member States will start introducing Europe’s new digital border system, the Entry/Exit System (EES), across their external borders. As of this date, Member States will start electronically registering the data of non-EU nationals crossing the EU’s external borders for short stays (90 days in any 180-day period). They will do … Read more

EU Imports Pound 14.6 Billion in Green Energy Products

Brussels: Last year, the EU imported pound 11.1 billion worth of solar panels, pound 2.9 billion of liquid biofuels, and pound 0.5 billion worth of wind turbines from extra-EU countries, totalling almost pound 14.6 billion in imports of green energy products, according to data released by Eurostat, the EU’s statistical office. According to Emirates News … Read more