Israeli Minister has reportedly agreed to release funds to the Palestinian Authority, a move aimed at improving the economic situation in the region. The decision comes after months of negotiations between the two sides, signaling a potential thaw in relations. This financial assistance is seen as a step towards building trust and promoting peace efforts in the conflict-ridden area.
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EU regulators to decide on ADNOC’s Covestro deal by May 12: Report
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...
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