EU approves a plan worth € 43 billion to support electronic chips

Food Crisis Deepens: IPC Analysis Reveals Alarming Trends

A meeting chaired by Deputy Minister of Planning and International Cooperation, Dr. Nizar Basuhayb, discussed the results of the Integrated Food Security Phase Classification (IPC) analysis for the period from May 2025 to February 2026 in liberated areas.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Portugal Wins UEFA Nations League Title

Portugal claimed its second UEFA Nations League title after defeating Spain 5-3 in a penalty shootout, following a 2-2 draw after extra time. The match, held in Munich, Germany, saw both teams create scoring opportunities, but it was Portugal's precision in the penalty shootout that ultimately secured the victory.

Last Update: ، 2025/06/16 Time 02:47:02
Latest News:

Prime Minister visits power stations in Aden, directs implementation of measures to increase generation

Newly Appointed Judges to Supreme Court Take Oath of Office

Health Minister Chairs Expanded Meeting of Medical Emergency Committee

Leadership Council Chairman Holds Phone Call with Djiboutian President

UN envoy calls on Security Council to exert maximum pressure on Houthis to release UN staff

EU approves a plan worth € 43 billion to support electronic chips

[19/04/2023 08:47]

BRO - SABA
The European Union (EU) approved a bill to support electronic chips with total cost €43 about $47 billion to boost Europe's production of semiconductors and reduce its exposure to supply chain disruptions.

The project aims to attract key chip makers to build factories in the countries of the EU and to increase their share of global production to 20 percent by 2030 and to set measures to prepare, anticipate and swiftly respond to any future supply chain disruptions.

The project also is intended to reduce the EU's dependence on Asia as Taiwan accounts for more than 60 percent of global chip production.