Manila: A sweeping network of railways, ports, bridges, power projects and digital infrastructure across Luzon is emerging as one of the Philippines’ most ambitious economic transformation efforts in decades. At the centre of the push is the Luzon Economic Corridor (LEC), a trilateral initiative la»»»

Gulf Cooperation Council countries and the United Kingdom have entered a new era of comprehensive strategic cooperation, following the official announcement in London of the conclusion of free trade agreement negotiations between the two sides. This represents a structural shift that enhances inves»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Southern Lebanon Under Continued Israeli Fire 25-05-2026 15:30 PM Smoke rises after an Israeli strike on the soutehrn Lebanese town of Zibd»»»

The new free trade agreement between the UK and the Gulf Cooperation Council (GCC) will deepen an already booming channel of trade and investment between corporates on both sides of the corridor. The UK and the six countries of the GCC are not starting from zero. They are already deeply connected t»»»

The Israeli enemy stepped up attacks in southern Lebanon, with focus on Sunday on the district of Nabatieh, a day after a massacre was carried out in one of its villages, Sir Al-Gharbiya. Al-Manar correspondent reported that the Israeli enemy carried out early on Sunday a sustained belt of strikes »»»

US Secretary of State Marco Rubio urged more support for US efforts to reopen the Strait of Hormuz, relaying Trump's "disappointment" at NATO allies and European partners for failing to step up their efforts to end the Iran war.  Rubio made the comments ahead of the arrival of Pakistan’s army »»»

RIYADH: The UK-Gulf Cooperation Council free trade deal is set to be worth far more than the anticipated $5 billion boost to Britain’s economy, Arab News has been told, as the two economies become increasingly interlinked. The deal, signed on May 20, is the first such agreement between a G7 nation »»»

Russia has made clear its concern about growing US and European Union moves to gain access to rare earth ​and critical mineral resources in Central Asia. Izvestia newspaper on May 20 reported the Kremlin’s displeasure, as outlined by Deputy Foreign ‌Minister Mikhail Galuzin. G7 countries are mounti»»»

Russia has made clear its concern about growing US and European Union moves to gain access to rare earth ​and critical mineral resources in Central Asia. Izvestia newspaper on May 20 reported the Kremlin’s displeasure, as outlined by Deputy Foreign ‌Minister Mikhail Galuzin. G7 countries are mounti»»»

Can border walls keep out pandemics? The World Health Organization is officially branding the Ebola outbreak in eastern DR Congo a "public health emergency of international concern". As the death toll from the rare strain climbs, so does the number of contact cases. Ituri province may seem remote o»»»

Syria will attend the G7 summit in France next month as a guest nation and be represented by President Ahmed al-Sharaa, three sources familiar with the matter said, marking Syria's first participation in a summit of the group since the forum was founded in 1975. An invitation to Sharaa to attend th»»»

Dubai: The United Kingdom has signed what it described as a “historic” free trade agreement with the Gulf Cooperation Council, becoming the first G7 nation to secure a trade pact with the six-member bloc that includes the UAE. Get updated faster and for FREE: Download the Gulf News app now - simply»»»

Syria will attend the G7 summit in France next month as a guest nation ​and be represented by President Ahmed Al-Sharaa, three sources familiar with the matter said, marking Syria’s first participation in a summit of the group since the forum was founded in 1975. An invitation to Sharaa to ‌attend »»»

President Donald Trump's motorcade arrives at the United States Coast Guard Academy's graduation ceremony in New London, Connecticut on Wednesday, the same day that he told reporters that he would speak with Taiwanese President Lai Ching-te about a stalled arms deal. Photo by Angelina Katsanis/UPI »»»

Doha, Qatar: The United Kingdom and the Gulf Cooperation Council (GCC) have yesterday, concluded talks on a modern and ambitious Free Trade Agreement (FTA), which will support goods exporters, services suppliers and investors in the UK and Qatar. This deal reflects the UK’s commitment to long-term »»»

The Gulf Cooperation Council and Britain have announced a trade deal worth $5 billion a year in the long run, deepening economic ties between the two sides and making Britain the first G7 nation to sign such an agreement with the Gulf bloc. The agreement was first discussed in 2017 following Britai»»»

British Prime Minister Keir Starmer announced a new trade deal for the United Kingdom with six Persian Gulf countries. File Photo by Hugo Philpott/UPI | License Photo May 20 (UPI) -- British Prime Minister Keir Starmer on Wednesday announced a trade agreement with six Persian Gulf countries that he»»»

RIYADH: The UK has become the first G7 nation to secure a trade agreement with the Gulf Cooperation Council, in a deal projected to add £3.7 billion ($5 billion) annually to the British economy. According to a UK government statement, the agreement with the six-member GCC bloc is also expected to g»»»

Doha, Qatar: The United Kingdom and the Gulf Cooperation Council (GCC) have today, Wednesday 20 May 2026, concluded talks on a modern and ambitious Free Trade Agreement (FTA), which will support goods exporters, services suppliers and investors in the UK and Qatar. This deal reflects the UK's commi»»»

Leaders of the G7 nations, from left, Japanese Prime Minister Shigeru Ishiba, Italian Prime Minister Giorgia Meloni, French President Emmanuel Macron, Canadian Prime Minister Mark Carney, U.S. President Donald Trump, British Prime Minister Keir Starmer and German Chancellor Friedrich Merz, pose for»»»

Rome: Indian Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni took selfies at the Colosseum and admired the view over Rome ahead of talks focused on trade on Wednesday. In a video posted on X, Meloni also thanked Modi for bringing along a packet of “Melody” toffees on his visi»»»

Rome, Italy: Indian Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni took selfies at the Colosseum and admired the view over Rome ahead of talks focused on trade on Wednesday. In a video posted on X, Meloni also thanked Modi for bringing along a packet of "Melody" toffees on h»»»

G7 finance ministers and central bankers have wrapped up their two-day meetings in Paris as the war in Iran and the energy crisis continue to weigh on the global economy. Eurogroup President Kyriakos Pierrakakis, who represented the 21-member euro area in the talks, told FRANCE 24's François Picard»»»

Three oil tankers – two Chinese and one South Korean – crossed the Strait of Hormuz Wednesday, according to maritime tracking data, as Iran threatened to open “new fronts” if the US resumed strikes. President Donald Trump is set to attend the G7 summit in France next month, despite tensions between»»»

London: The United Kingdom government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third countries on Wednesday, amid spiralling fuel prices caused by the Middle East war. The trade licence that came into effect Wednesday is of "indefinite duration»»»

Paris, France: The Ministry of Finance delegation, headed by H E Ali bin Ahmed Al Kuwari, Minister of Finance, participated yesterday in the opening session of the fifth edition of the “No Money for Terror” conference, held in Paris, French Republic. During the opening session, His Excellency the M»»»

Finance ministers from the G7 group of advanced economies were unanimous on the need to take on global trade imbalances, according to the statement released Tuesday following a second day of Paris talks. But the US decision to extend a waiver on sanctions against Russia in the wake of the US-Israel»»»

PARIS: Countries must work together to combat the financing of terrorism, the president of the international terrorist financing and money-laundering watchdog FATF, told AFP on Tuesday. “The terrorists respect no border. They have no limit. So countries cannot have the luxury of not working togethe»»»

Paris: The finance ministers of countries part of the Group of Seven (G7) have renewed their commitment to multilateral cooperation in addressing risks threatening the global economy. Emphasizing the need for the swift and safe restoration of freedom of navigation in the Strait of Hormuz, the finan»»»

Paris, May 19 (SANA) Finance ministers of the Group of Seven (G7) countries emphasized the need to reopen the Strait of Hormuz, underlining the importance of addressing global economic imbalances and strengthening multilateral cooperation to confront risks facing the global economy. In a joint stat»»»

PARIS: The finance ministers of ​the G7 group of countries reiterated it was imperative to re-open the Strait of ‌Hormuz, and ‌that ​it ‌was ⁠important ​to tackle global, ⁠current account imbalances.They also reaffirmed in a joint statement their ⁠commitment to multilateral ‌cooperation ‌in address»»»

In an interview with FRANCE 24 on the sidelines of the Africa-France summit in Nairobi, Tony Elumelu, chairman of Heirs Holdings and United Bank for Africa, said "we [in Africa] need to fix our problems ourselves" as Western aid cuts bite, calling on the continent's private sector to step up and in»»»

The European Union criticized Tuesday the latest US waiver of sanctions on Russian oil, announced while G7 finance ministers were meeting to reach a common response to multiple economic challenges. Washington's move aims to help lower energy prices that have skyrocketed since the US and Israel laun»»»

PARIS: French Finance Minister Roland Lescure ​said on Tuesday that G7 finance ministers had agreed that the ‌International ‌Monetary ​Fund ‌and ⁠the ​World Bank needed to ⁠step up efforts to aid vulnerable countries. Lescure, who ⁠is hosting ‌a ‌G7 ​finance ‌ministers’ meeting ‌in Paris, made the »»»

Finance ministers and central bankers from the world's top economies are gathering in Paris as the US war on Iran threatens to undermine the global financial system. Meanwhile, inflation tied to the war sparks a rout on bond markets, and the US's busiest commuter rail system shuts down over a labou»»»

G7 finance chiefs are meeting in Paris. The discussions over the next two days in the French capital comes as the war in the Middle East continues to weigh on the global economy. France holds the G7 presidency and faces the tricky task of keeping dialogue open as tensions mount with Washington, ove»»»

Paris, May 18 (SANA) Oil prices have surged above $110 per barrel as disruptions in the Strait of Hormuz continue to unsettle global supply expectations, intensifying pressure on already fragile energy markets. Bond markets also recorded significant sell-offs, pushing yields in major economies to m»»»

Syria will take part in a closed-door session with G7 finance ministers and central bank governors in Paris on Monday, a person familiar with the matter said, in a sign of its growing status less than two years after the ousting of Bashar al-Assad. Syrian Finance Minister Yisr Barnieh is expected t»»»

The Israeli enemy on Monday went ahead with its attack on Lebanon in violation of the so-called ceasefire announced earlier last month, with numerous strikes targeting a number of towns and villages across south Lebanon. Al-Manar correspondents reported strikes conducted by Israeli warplanes and dr»»»

Paris, France: Commercial oil stocks are falling "very fast" as Gulf supplies remain disrupted by the Middle East regional tension, even with the release of strategic reserves by governments worldwide, the head of the International Energy Agency said Monday. Fears of shortages are rising with the s»»»

Fatih Birol, head of the International Energy Agency, said on Monday that commercial oil inventories were depleting rapidly with only a few weeks' worth left due to the Iran war and the closure of the Strait of Hormuz to shipping. Birol, who is participating in the Group of Seven finance leaders me»»»

RIYADH: Syria will take part in a closed-door session with G7 finance ministers and central bank governors in Paris ​on Monday, a person familiar with the matter said, in a sign of its growing status less than two years after the ousting of Bashar Assad. Syrian Finance Minister Yisr Barnieh is expe»»»

Finance chiefs from the G7 industrialized nations gather in Paris on Monday for two days of talks aimed at forging a united front as the Middle East war roils economic prospects worldwide. France, which currently chairs the rotating presidency of the Group of Seven, faces the tricky task of keeping»»»

Most Asian shares were lower in morning trade on Monday, extending slides in global markets, as the impasse in the Middle East drove oil prices more than two percent higher. Washington and Tehran agreed to a truce in April, but negotiations on ending the conflict have stalled and sporadic attacks i»»»

BERLIN: The Group of Seven countries is the right forum for discussing how ​to bring a lasting end to the war in Iran, which along with the blockade of the Strait of Hormuz poses a serious threat to the global economy, German Finance Minister Lars Klingbeil said ‌on Monday. Klingbeil ‌will travel t»»»

Israeli attacks intensified across southern Lebanon on Sunday, in continued violation of a declared ceasefire, just two days after Lebanese authorities announced a 45-day extension of the truce, an agreement that has yet to translate into calm on the ground. The attacks took place in Nabatieh, Bint»»»

Large groups of Israeli settlers stormed Al-Aqsa Mosque compound on Thursday under tight protection by Israeli occupation forces, as tensions surged ahead of the anniversary of Al-Quds’ occupation and warnings mounted over efforts to alter the status quo at the holy site. The Islamic Waqf Departmen»»»

Foreign ministers from the BRICS nations began a two-day meeting in New Delhi on Thursday as the expanding bloc faces divisions over the war in Iran, rising energy prices and growing global economic uncertainty. The meeting brings together diplomats from Brazil, Russia, India, China and South Afric»»»