European stocks have fallen as shares of major financial companies like Aegon and Credit Agricole faced an uphill battle. Dutch insurer Aegon was particularly hard hit, dipping 7.8% after reporting a lacklustre first quarter profit of 462 million euros. Overall, the FTSEurofirst 300 index is down by around 9% so far this year.

UAE, Montenegro to develop renewable projects under new partnership
UAE joins US-led Pax Silica initiative to bolster technology supply chain
H.H. Sheikh Hamdan hails Dubai Chamber of Commerce growth milestone
Netflix prepares all-cash offer for Warner Bros, source says
UAE, Nigeria sign comprehensive economic partnership agreement
