OPEC+ Extends Production Cuts: Strategic Move to Ensure Market Stability Until 2026
In a move underscoring their commitment to stabilizing the global oil market, OPEC+ nations, including major players like Saudi Arabia and Russia, agreed to extend voluntary oil production cuts until the end of 2026. This decision emerged from a virtual meeting held alongside the 38th OPEC and non-»»»
Korean Medical Center celebrates two years of growth and innovation in Qatar
The Korean Medical Center (KMC) has celebrated its second anniversary in Qatar, marking two years of growth, innovation, and collaboration in support of the country’s long-term healthcare vision. The anniversary event brought together representatives from the Embassy of the Republic of Korea, healt»»»
Japan–Saudi dialogue underscores emerging avenues for collaboration
TOKYO: Approximately 50 government officials, corporate representatives, and academic researchers convened in Tokyo on Tuesday to participate in a dialogue concerning the expansion of bilateral cooperation between Japan and Saudi Arabia, with proceedings centered on Saudi Vision 2030 and the Riyadh»»»
Saudi Arabia and Egypt are set to build their first satellite together after Cabinet approval in Riyadh
Dubai: Saudi Arabia has approved plans to design and build its first jointly developed satellite with Egypt, ushering in a new era in space cooperation between the two Arab nations as the Kingdom expands its ambitions in advanced technologies and strategic industries. The initiative was approved by»»»
Bulgaria’s Industry Faces Growing Staff Shortages as Workforce AgesOpinions
The Bulgarian Industrial Chamber (BIA) warns that several key sectors of the economy are facing an increasingly severe shortage of workers, alongside a clear and persistent trend of workforce aging across both industries and regions. The findings are based on 11 sectoral and regional labor market a»»»
Turkey’s foreign minister meets Trump’s co-in-law 'fixer' in Cairo
Turkey’s foreign minister Hakan Fidan met with Donald Trump’s co-in-law Massad Boulos in Cairo, the Turkish ministry (@TC_Disisleri) said in a tweet on June 21. Fidan was in Cairo during June 20-21 to attend the fourth meeting of the top diplomats of Turkey, Egypt, Pak»»»
Bilčar Warns Disregard for Binding Legal Acts Threatens Legal Certainty
Petar Bilčar, Deputy Director of the Agency for Identification Documents, Registers and Data Exchange of BiH /IDDEEA/, told SRNA that he feels obliged to once again point out that the agency has continuously been making decisions and carrying out activities which, according to the available legally»»»
Saudi-funded hospital a beacon of hope for Yemenis seeking to restore vision
MARIB: In the heart of Yemen’s Marib Governorate, the Specialized Hospital for Ophthalmology, fully funded by Saudi Arabia and providing its services free of charge, has become a beacon of hope for thousands of Yemenis seeking an opportunity to restore or protect their vision. Since opening in late»»»
Dubai leads debate on future of work as AI agents enter government offices
Dubai: Dubai’s public sector is preparing for a future where artificial intelligence not only automates routine tasks but also actively supports decision-making, workforce planning and organisational operations, prompting a renewed focus on governance, accountability and human oversight. The Dubai »»»
Dana Gas gets Egypt dues cleared as new well beats forecast
Dubai: Dana Gas said Egypt has settled all overdue receivables and returned to full, timely payments, giving the Sharjah-based natural gas company fresh confidence to continue investing in the country after a new well delivered better-than-expected results. Sign up for our daily business newsletter»»»
UAE e-invoicing countdown begins: New deadlines, rules and risks explained
Dubai: The UAE's e-invoicing rollout is moving from planning to execution, with new guidance from the Ministry of Finance and expert analysis highlighting that many businesses may still be underestimating the scale of change required. Get updated faster and for FREE: Download the Gulf News app now »»»
Western companies lose hundreds of billions as Russia business presence shrinks
Western companies have seen the value of their assets in Russia almost halve since the start of the war in Ukraine, highlighting the scale of the economic decoupling between Russia and the West after more than four years of war, Vedomosti reports. According to calculations by Russian business daily»»»
Member of BiH Presidency meets Israeli Prime Minister
Member of the Presidency of Bosnia and Herzegovina Željka Cvijanović met with Israeli Prime Minister Benjamin Netanyahu during her stay in Israel. She called the meeting the crown of a successful visit. After the meeting, Cvijanović said that there is a mutual willingness to strengthen political, i»»»
3,361 beneficiaries receive services from Sheikh Jassim bin Jabr Al Thani Primary Healthcare Centre at Azraq Camp, Jordan
The Sheikh Jassim bin Jabr Al Thani Primary Healthcare Centre at Azraq Refugee Camp in Jordan, established by the Jassim and Hamad Bin Jassim Charitable Foundation, has announced its medical service statistics for May 2026, highlighting its continued efforts to provide comprehensive healthcare to c»»»
Syria, China discuss expanding trade, investment cooperation
Damascus, June 22 (SANA) Head of the Federation of Syrian Chambers of Commerce Alaa al-Ali met with Chinese Ambassador to Syria Shi Hongwei on Monday to discuss prospects for developing economic and trade relations between the two countries and ways to expand areas of joint cooperation, the federat»»»
England and in-form Ghana clash for Group L top spot
DOHA: England and Ghana will battle for top spot in Group L when they meet in a highly anticipated FIFA World Cup 2026 clash on at Boston Stadium. The match, scheduled for 11:00pm (Qatar time), will be the third fixture in Group L, which also includes Croatia and Panama. Both sides opened their cam»»»
CBE, COMESA Clearing House hold workshop to promote REPSS
The Central Bank of Egypt (CBE), in cooperation with the COMESA Clearing House (CCH), hosted a sensitisation workshop on the Regional Payment and Settlement System (REPSS). The workshop was held with the participation of representatives from banks operating in Egypt, CBE officials from the Banking »»»
Qatar's family business giants shine in Forbes Middle East top 100 ranking
Doha Ten family-owned business groups from Qatar have been included in the Forbes Middle East Top 100 Arab Family Businesses 2026, highlighting the continued strength and influence of Qatari enterprises in the regional economic landscape. The Qatari companies featured in this year’s ranking are Pow»»»
Syria reaffirms commitment to justice and missing persons file at UN
New York, June 22 (SANA) Syria’s Permanent Representative to the United Nations, Ibrahim Olabi, reaffirmed the Syrian government’s commitment to continuing efforts to uncover the fate of missing and forcibly disappeared persons and to advancing the path of transitional justice without compromise. A»»»
Jordanian army chief, Pakistani drone commander discuss military cooperation
LONDON: Maj. Gen. Yousef Huneiti, Jordan’s Chairman of the Joint Chiefs of Staff, discussed military cooperation with Brig. Faisal Khan, commander of Pakistan’s drone group, at General Command headquarters in Amman. Huneiti and Khan discussed drone systems, advanced defense technologies and the pro»»»
SWA unveils 18 investment opportunities to localize water industries, services
RIYADH: The Saudi Water Authority is showcasing 18 promising investment opportunities during the Saudi Water Week 2026, aimed at localizing industries and services related to the water sector. The opportunities are backed by projected demand exceeding SR15 billion ($4 billion) over the next five ye»»»
Bulgaria Needs New Growth Model, Radev Tells IMF's Georgieva
Prime Minister Rumen Radev held talks in Sofia with IMF Managing Director Kristalina Georgieva and IMF Mission Chief for Bulgaria Fabian Bornhorst, with discussions centered on Bulgaria’s economic outlook, competitiveness reforms, and the role of new technologies and artificial intelligence, accord»»»
Inside the 11th Emirati Media Forum: Why Over 100 Local Creators Were Honoured
Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, honoured more than 100 national media organisations, Emirati media leaders, professionals and content creators in recognition of their role in strengthening public awareness and tr»»»
Ragus: Serbia remains consistently committed to peace, respect for int'l law
BELGRADE - Serbian Deputy Parliament Speaker Marina Ragus said on Monday the contemporary world was facing serious challenges to the international order, and noted that dialogue was the only path to preserving peace and stability and equal relations among states. Speaking at the 6th Think Tank Conf»»»
AUS celebrates record 842 graduates in largest class ever
Sharjah: American University of Sharjah (AUS) celebrated a historic milestone on Monday as it graduated its largest class to date, with 842 students receiving their degrees during the Spring 2026 commencement ceremonies held at University City Hall in Sharjah. The ceremonies were attended by Sheikh»»»
Qatar unveils long-term Public Transport Master Plan to drive sustainable mobility
Doha, Qatar: Qatar's Ministry of Transport has launched the first stakeholder workshop for its ambitious Public Transport Master Plan (QPTMP), a strategic initiative aimed at creating a more sustainable, integrated and future-ready public transport system across the country. The workshop brought to»»»
EGX Gains as Foreign Capital Returns Across Debt, Equities and Futures
Cairo — Egyptian equities began the new trading week in positive territory as foreign investors continued to increase exposure to Egyptian assets, while the launch of the country’s first single-stock futures contracts added momentum to a broader transformation underway across capital markets. The b»»»
US, Iran establish Hormuz crisis hotline to safeguard shipping
Dubai: The United States and Iran have agreed to establish a direct communication line for the Strait of Hormuz as negotiators wrapped up a second day of talks in Switzerland aimed at securing a broader agreement on Tehran’s nuclear programme and regional security issues. The mechanism, announced b»»»
Gigi, Bella Hadid celebrate their Palestinian father with heartfelt messages
DUBAI: Supermodel sisters Gigi and Bella Hadid paid tribute to their father, Mohamed Hadid, on Father’s Day, sharing family photographs and heartfelt messages celebrating the Palestinian-American businessman and former Olympian. Bella, 29, posted a series of images on Instagram highlighting some of»»»
BCR Raises RON 1 Billion Bond
Banca Comerciala Romana (BCR) has successfully completed a new senior non-preferred bond issuance worth RON 1 billion, with a seven-year maturity and a call option after six years (7NC6). The bonds were issued at par value with a fixed annual coupon of 7.77% and a spread of 95 basis points above th»»»
Institute of Religious Studies graduates 48 students from 45 countries
Doha, Qatar: The Ministry of Education and Higher Education and Ministry of Awqaf and Islamic Affairs celebrated the graduation of a new cohort of students from the Institute of Religious Studies Preparatory and Secondary for Boys, with 48 graduates representing 45 countries, highlighting the insti»»»
Saudi Arabia highlights global support for refugees, displaced people on World Refugee Day
RIYADH: Saudi Arabia highlighted its expanding support for refugees and displaced people worldwide on World Refugee Day, with the Kingdom’s assistance to refugees, visitors and displaced communities reaching $23.761 billion as humanitarian programs continue across dozens of countries. The latest ef»»»
Agreement signed to establish factory in Maan’s Udhruh district, creating 400 jobs
AMMAN — An agreement to establish a new productive branch a "clothing factory" in the Al Manshiyah area of Udhruh District in Ma’an Governorate was signed on Sunday at the Ministry of Labour, aiming to create 400 jobs for Jordanians.The agreement was signed by Minister of Labour Khaled Bakkar, Ma»»»
Ship traffic slows as Strait of Hormuz uncertainty deepens
Dubai: Ship traffic through the Strait of Hormuz appeared to slow on Sunday as uncertainty persisted over the status of the vital shipping lane, with Washington and Tehran offering sharply different accounts of whether the waterway remains open. The Strait of Hormuz has emerged as a key issue in on»»»
Wyndham Clark hangs on to win second US Open in four years
Wyndham Clark recovered from a rough front nine and shot 3-over-par 73 to hang on to win the US Open for the second time in four years Sunday in Southampton, N.Y. His four-round total of 4-under 276 gave him a one-stroke victory at Shinnecock Hills Golf Club. Clark’s six-shot advantage entering t»»»
Abu Dhabi to host the Forbes Middle East Building the Future Summit 2026
Abu Dhabi: The second edition of the Forbes Middle East Building the Future Summit 2026 will open in Abu Dhabi on Tuesday (June 23, 2026) under the patronage of the UAE Ministry of Energy and Infrastructure, bringing together about 3,000 policymakers, business executives and industry experts to exa»»»
Saur highlights its role in advancing sustainable wastewater infrastructure
Tribune News Network Doha Saur, a global pure-play water services company, has highlighted the critical role of resilient water infrastructure in supporting Qatar’s sustainability ambitions and the Gulf’s long-term urban development objectives during Project Qatar 2026. During the event, Saur showc»»»
OMODA JAECOO previews AI-powered SIVP intelligent parking technology for Saudi Arabia
As Saudi Arabia accelerates its transformation toward a smarter and more connected future under Vision 2030, OMODA JAECOO is highlighting its advanced AI-powered super intelligent valet parking technology as part of the brand’s next-generation intelligent mobility ecosystem, bringing a glimpse of f»»»
Hungarian FM Anita Orbán says documents were shredded by Szijjártó's team before handover
Hungary’s Foreign Minister Anita Orbán has revealed in an interview with Austria’s leading daily Der Standard that “quite a lot” of documents were shredded at the Ministry of Foreign Affairs and Trade before the new government took office. Austrian interview touches on shredded files, Ukraine and e»»»
Saudi Arabia pitches $2.5tn mining opportunity to French, European investors
RIYADH: Saudi Arabia showcased investment opportunities across its $2.5 trillion mineral resource base and downstream industrial sectors to French and European partners during the Gulf Vision 2026 Forum in Paris. During the event, Khalid Al-Mudaifer, Saudi Arabia’s vice minister of industry and min»»»
Oman trade surplus steady at $4bn despite drop in oil, gas exports
JEDDAH: Oman’s trade surplus held steady at 1.54 billion Omani rials ($4.01 billion) in the first quarter of 2026, as imports fell faster than exports, preliminary data showed. Total merchandise exports fell 8.5 percent year-on-year to 5.3 billion rials, while imports declined 11.7 percent to 3.8 b»»»
Egypt’s TMG launches global Sylvester Stallone campaign for EGP 1.6 trillion SouthMed project (video)
Egypt’s Talaat Moustafa Group Holding (TMG) has launched a global promotional campaign fronted by Hollywood actor Sylvester Stallone for its SouthMed tourism project, a development with investments nearing EGP 1 trillion and anticipated sales of EGP 1.6 trillion (approximately $35bn). The campaign »»»
Cherry Prices Plunge 20%, Vegetables Turn Cheaper Across Bulgaria's MarketsOpinions
Commodity markets in Bulgaria recorded a noticeable decline in the prices of seasonal fruits and vegetables over the past week, according to data from the State Commission on Commodity Exchanges and Markets. The sharpest drop was seen in cherries, while a number of widely consumed vegetables also b»»»
Bulgaria Ranks Second in Eurozone for Lowest Mortgage Rates, ECB Data ShowsOpinions
Bulgaria has emerged as one of the eurozone’s leading countries in terms of affordable housing finance, ranking second only to Malta for the lowest average mortgage rates, according to European Central Bank data for new housing loans as of April 2026. The average interest rate on newly issued mortg»»»
Qatar Press Center highlights strategies for effective media messaging in digital age
Doha, Qatar: The Qatar Press Center organised a specialised seminar titled “Crafting Media Messages in the Digital Age,” featuring Director-General of the Gulf Radio and Television Organization of the Gulf Cooperation Council (GCC) H E Dr. Abdulrahman bin Abdulaziz Al-Hazzaa. Held at the Center’s h»»»
Awqaf Ministry honours graduates of 2025-26 scholarship programme
Doha, Qatar: Under the patronage of Minister of Awqaf and Islamic Affairs H E Ghanem bin Shaheen bin Ghanem Al Ghanim, the Ministry of Awqaf and Islamic Affairs held its annual graduation ceremony honouring students of its scholarship programme for the 2025/2026 academic year. Undersecretary of the»»»
MoC opens registration for Akhlaq Award competition
Doha: The Ministry of Culture (MoC) announced the opening of registration for the second edition of the international calligraphy competition “Akhlaq Award,” inviting calligraphers and creatives from around the world. The competition aims to revive traditional Arabic calligraphy while highlighting »»»
Expert stresses importance of aligning nutrition with health needs, prescribed medications
Doha, Qatar: A nutrition specialist has stressed that dietary plans should be tailored to individual health conditions, medications, and physicians’ recommendations, noting that people with chronic illnesses often have nutritional requirements that differ from those of the general population. Speak»»»
Qatar aims to boost bicycle use through comprehensive cycling plan
Doha, Qatar: Qatar is seeking to significantly increase the use of bicycles and other micro-mobility modes as part of its efforts to promote sustainable transportation, reduce traffic congestion, and encourage healthier lifestyles, according to a senior official from the Ministry of Transport. Spea»»»
QC holds Qatar-Germany investment roundtable
QNA Doha Qatar Chamber organised a Qatar-German roundtable titled “Qatar and North Rhine-Westphalia: Connecting Markets and Creating Opportunities,” aimed at strengthening economic and investment cooperation between the two sides and opening new avenues for private-sector partnerships. The event wa»»»