Latest news with #WolfgangHattmannsdorfer
The Star
11-07-2025
- Business
- The Star
Roundup: OPEC seminar highlights energy transition, cooperation
VIENNA, July 11 (Xinhua) -- The 9th International Seminar, hosted in Vienna by the Organization of the Petroleum Exporting Countries (OPEC) from July 9 to 10, has attracted widespread attention to the possible paths for countries toward energy transition. OPEC Secretary General Haitham Al Ghais said that OPEC believes each country has its own path toward energy transition, and there is no one-size-fits-all solution. "The energy pie is growing. The mix is growing," he added. Wolfgang Hattmannsdorfer, Austria's minister for economy, energy and tourism, said the energy sector is undergoing transformation, and all stakeholders should be included in the conversation to ensure a successful transition. Under the theme "Charting Pathways Together: The Future of Global Energy," the event saw global energy leaders discussing hot issues including energy security, investment and emissions reduction within the context of energy transition. Noting the current complex geopolitical situation, Mukhtar Babayev, special representative of the president of Azerbaijan on climate issues, stressed the importance of enhancing multilateral cooperation and international agreements. Solar and wind energy sources can offer new opportunities for energy security, he said, adding, "Financial assistance is crucial for investing in energy infrastructure and renewable energy projects in developing countries." Luz Elena Gonzalez, Mexico's secretary of energy, highlighted the importance of the sustainable use of hydrocarbons while advancing an energy transition that prioritizes access, social justice, and inclusion. She called for broader investments to ensure all people can benefit from modern energy access, particularly women and indigenous communities. Mohammad A. Abunayyan, founder and chairman of the Board of Directors of ACWA Power, spoke highly of China's performance in broadening its energy mix and advancing its energy transition during a high-level roundtable on Thursday. He also emphasized the potential of green hydrogen and other renewable sources. During the seminar, OPEC launched its 2025 World Oil Outlook, which forecasts a 23 percent rise in global energy demand by 2050. Global oil demand is expected to continue growing steadily, the report noted. The analysis reflects recent developments in energy and the global economy, including major shifts in energy policy as leaders respond to challenges related to energy security, affordability, and emissions reduction, according to an article on the OPEC website.
Yahoo
17-05-2025
- Politics
- Yahoo
Austrian interior minister backs Germany's tougher border controls
Austrian Interior Minister Gerhard Karner on Friday expressed support for Germany's tougher border control measures during a meeting with German Interior Minister Alexander Dobrindt in Vienna. Last week, Germany's new government ordered increased border checks with all neighbouring countries, including Austria. Dobrindt also authorized turning away asylum seekers at the border, except for vulnerable groups such as pregnant women and children. Austria welcomed the stricter controls, noting a decline in illegal migration figures across Europe, including in Austria and Germany, which Karner attributed to intensified border controls. Dobrindt stressed that these efforts align with a shared European goal to work on migration policy and further reduce illegal migration flows. Austria's Economy Minister Wolfgang Hattmannsdorfer had also praised Germany's stricter migration policies, reflecting broader support within the Austrian government for the measures.
Al Etihad
27-04-2025
- Business
- Al Etihad
Austrian Minister praises UAE for its values of excellence, global openness
27 Apr 2025 17:12 DUBAI (WAM)Wolfgang Hattmannsdorfer, Federal Minister of Labour and Economy of Austria, praised the UAE for its values of excellence and global openness, which he experienced during his recent during the Discover Europe Travel Summit meets Marhaba 2025 event, which concluded yesterday in Dubai, he stated, "From the UAE, I learned two essential things: a steadfast commitment to excellence and a spirit of global openness, qualities that we need to further strengthen in Austria."The Austrian minister emphasised that his visit was not limited to forging economic partnerships but also served as a journey of learning and highlighted the remarkable hospitality he received, noting that Austria and the UAE share joint values. This shared spirit, he added, forms a solid foundation for strengthening economic relations. Currently, trade between Austria and the UAE stands at approximately 1 billion euros, with ambitions to expand it further in the near 2024, Austria welcomed around 146,800 tourists from the UAE, who spent a total of 447 overnight stays during their Minister stressed the importance of encouraging more Austrian tourists to visit the UAE and attracting even greater numbers of Emirati tourists to also pointed out that Austria's foreign direct investment (FDI) in the UAE amounted to around 12.339 million euros in also indicated that his visit to the UAE reflects Austria's commitment to deepening bilateral ties, especially given the many commonalities between the two nations, whether in terms of geographic size, population, or shared further explained that areas of collaboration include energy, particularly renewable energy, and construction, with leading Austrian companies actively participating in major projects across the also expressed interest in expanding cooperation in the fields of infrastructure, as well as pharmaceutical and medical industries. He emphasised the importance of free trade agreements, stressing the Austrian government's support for the launch of negotiations on a Free Trade Agreement between the European Union and the UAE.
See - Sada Elbalad
11-04-2025
- Business
- See - Sada Elbalad
Austria Imposes Restrictions on Unemployment Benefits
Israa Farhan The Austrian government has decided to introduce new measures that will prevent individuals receiving unemployment benefits or emergency assistance from earning any additional income in the future. The decision was part of a new program announced at the conclusion of intensive government meetings. However, exceptions will be made for elderly individuals and those who have been unemployed for an extended period. According to the government program, unemployed individuals in Austria are currently allowed to earn supplementary income alongside their benefits from the Employment Service (AMS), with a cap on additional earnings set at €551.10 per month. The Ministry of Economy, headed by Wolfgang Hattmannsdorfer, clarified that unemployment benefits will be distributed in phases. At present, unemployed individuals in Austria are receiving a record 55% of their last earned income as unemployment benefits. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Egypt confirms denial of airspace access to US B-52 bombers News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Videos & Features Bouchra Dahlab Crowned Miss Arab World 2025 .. Reem Ganzoury Wins Miss Arab Africa Title (VIDEO) Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Arts & Culture Arwa Gouda Gets Married (Photos)
Yahoo
03-04-2025
- Business
- Yahoo
EU's tariff response should target Republican-led US states and tech firms, Austria says
VIENNA (Reuters) - The European Union's countermeasures in response to U.S. President Donald Trump's universal tariffs should target Republican-led states and tech firms so as to force him to the negotiating table, Austria's economy minister said on Thursday. "We have to hit Republican states and we have to hit Donald Trump's friends, the tech companies," Wolfgang Hattmannsdorfer, a conservative, told a news conference, adding that the EU would have to discuss digital taxation and regulation.
