EU antitrust regulators will decide by May 12 on whether to approve Abu Dhabi state oil giant ADNOC’s $17.2bn takeover of German chemicals company Covestro, as part of efforts to reduce oil dependency. The European Commission can clear the deal with or without conditions or open a four-month investigation, potentially under the Foreign Subsidies Regulation. ADNOC’s bid for Covestro awaits confirmation, following a similar case involving UAE telecoms group e&’s acquisition of Czech telecoms company PPF.
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Over 170 NGOs call for end to Israeli-controlled ‘deadly’ aid distribution in Gaza – Middle East Monitor
More than 170 aid organizations condemned Israel's military-controlled aid distribution in Gaza, stating it compels civilians to face starvation or gunfire, with over 500 Palestinians killed while seeking aid in overcrowded, dangerous zones. They urged the international community to restore prior UN-led mechanisms, demand humanitarian access, and hold Israel accountable for violations amid an escalating humanitarian crisis. Explain It To Me Like I'm 5: More than 170 aid groups are very worried because Israel is...
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