GCC, EU hold talks on economy, oil prices

NULL

A dialogue between the European Union (EU) and the GCC has started in Brussels. According to the national news agency WAM, the meeting is focused on the impact of lower oil prices to the economies of both regions. Officials say the drop in oil prices has been helpful for growth in the EU, but the 28-member union needs to prepare for developments in the future. They add it’s an issue of diversification for the oil-producing GCC nations.

More from Local

Coming Up on Dubai Eye

  • Motor Mania

    10:00am - Noon

  • The Best of Dubai Eye 103.8

    Noon - 7:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.