ISLAMABAD: The World Bank (WB) has urged Pakistan to overhaul the National Finance Commission (NFC) Award by revising both the vertical and horizontal revenue-sharing formula and adopting a fiscal equalisation model based on provinces’ spending needs and revenue capacity. According to The News, the»»»

Every year, he does a little countdown. Dubai-based Safia Youssef’s 10-year-old loves a football summer camp more than he loves home, she says. “He waits to register. He enjoys it so much, because he has made more friends at camp than he made in school,” she says. He comes home with such a beaming »»»

Every year, he does a little countdown. Dubai-based Safia Youssef’s 10-year-old loves a football summer camp more than he loves home, she says. “He waits to register. He enjoys it so much, because he has made more friends at camp than he made in school,” she says. He comes home with such a beaming »»»

First published in Deník N. When the new Bulgarian defence minister Dimitar Stoyanov recently announced that his country would no longer supply weapons to Ukraine, some Bulgarians experienced déjà vu. In the months immediately after the start of Russia’s full-scale attack on Ukraine in 2022, Bulgar»»»

Dubai: Gold prices in Dubai fell again on Thursday morning, giving jewellery buyers a small price break after a volatile month that saw local rates move nearly Dh50 below their June peak. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and India.)»»»

Dubai: Emirates Global Aluminium has restarted 89 reduction cells at its Al Taweelah site in Abu Dhabi, marking early progress in the restoration of one of the world’s major aluminium production complexes after it sustained significant damage in March. Sign up for our daily business newsletter, Che»»»

Dubai: DP World has launched Egypt’s first fully integrated logistics distribution centre at Sokhna Logistics Park, giving global companies a single hub to serve Egypt, Africa, the Gulf and Europe. Sign up for our daily business newsletter, Cheques & Balances.The new centre is located next to Sokhn»»»

A citizen has been detained for illegally operating in the medical field, acquiring, distributing, and storing potent psychotropic drugs. The press center of the State Committee for National Security (SCNS) reported. Al-Aziz rehabilitation center in Osh was operating illegally. It treated people su»»»

Dubai: Gold buyers may get some breathing room in the second half of 2026 after prices cooled from January’s record highs, but the metal could still break higher if geopolitics flare up, rate expectations change or bargain hunters return in force, according to the World Gold Council. Sign up for ou»»»

Dubai: Dubai tenants looking to move may have a better chance of negotiating rent in the second half of 2026, especially in apartment-heavy communities where new supply is increasing competition for landlords. Sign up for our daily business newsletter, Cheques & Balances.Property experts say Dubai’»»»

Dubai: A 33-year-old Indian IT professional and student from Andhra Pradesh died after his car was swept away by flash floodwaters in the US state of Kansas, Indian media reported. Also Read: Who was Sai Karthik Varma Datla? Indian techie among 12 killed in Missouri skydiving plane crashVenkatesh D»»»

Dubai: DAMAC Properties said its construction pipeline has avoided any major hit from recent supply chain pressure, helped by the UAE’s port and logistics response, as the developer topped out its Dh243 million Harbour Lights tower in Dubai Maritime City on Tuesday. Sign up for our daily business n»»»

Dubai: Both runways at Lahore’s Allama Iqbal International Airport will remain closed to commercial flights for three hours every day from July 5 to September 15 as a precaution against increased bird activity during the monsoon season, Pakistan’s Airports Authority (PAA) has announced, Dawn report»»»

Dubai: Multiply Media Group is expanding into Saudi Arabia through a partnership with Cenomi Centers, marking the UAE-headquartered outdoor media company’s entry into the Gulf’s largest advertising market. Sign up for our daily business newsletter, Cheques & Balances.The deal will establish BackLit»»»

Dubai: What began as a promising Bumble date ended in a nightmare nearly four years later for a 28-year-old Bengaluru woman, who alleges that intimate videos of her with the man she met through the dating app were uploaded online without her knowledge or consent, NDTV reported. Also Read: Bengaluru»»»

Dubai: Tamil Nadu Police are investigating an alleged conspiracy to destabilise the Vijay-led TVK government after the state intelligence department claimed it foiled a purported plot less than two months after the administration took office. According to police sources, the alleged plan involved e»»»

DUBAI: Officials from the United States and Iran will on Wednesday hold indirect technical talks on their deal aimed at ending the Middle East war, a diplomat with knowledge of the talks told AFP.“US and Iranian officials are to hold indirect technical talks on Wednesday in Doha with Qatari and Pak»»»

Egypt’s parliamentary Economic Affairs Committee has called on the National Investment Bank (NIB) to submit a comprehensive development strategy—or a timetable for completing one—as lawmakers seek greater clarity over the institution’s future role in managing state-owned assets under the country’s »»»

Dubai: Dubai International is preparing for one of its busiest summer travel periods, with around 3 million passengers expected to pass through its terminals in the first half of July. Sign up for our daily business newsletter, Cheques & Balances.The summer peak begins with a rise in departures fro»»»

Dubai: Emirates has issued a travel advisory for passengers flying out of Dubai International Airport this weekend, warning that departures from Terminal 3 are expected to be busy as the summer holiday rush begins. Sign up for our daily business newsletter, Cheques & Balances.The airline said high »»»

Dubai: Gold prices in Dubai opened lower on Wednesday, giving jewellery buyers another chance to lock in rates after a steady pullback from last month’s highs. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and India.) Sign up for our daily busin»»»

n May, Polish banks and credit unions issued over PLN 13 bln in housing loans for another consecutive month, with the average mortgage reaching a record PLN 476,140, up 8.1% y/y. Loan value rose 59% y/y, while the number of loans increased 47% to 27,600. Refinancing now accounts for one-third of cu»»»

Washington: In a major blow to President Donald Trump, the US Supreme Court on Tuesday struck down his executive order seeking to limit birthright citizenship, ruling that the Constitution guarantees American citizenship to children born in the United States regardless of their parents' immigration»»»

Dubai: At least as 14 children died on Tuesday, while several others injured, when the roof of a tuition centre collapsed in Lahore’s Kahna area, police said. Lahore Deputy Inspector General (DIG) Operations Faisal Kamran confirmed to Dawn that 14 deaths have been reported. According to an earlier »»»

Opposition questions feasibility, alleges political pressure. The facilities of Samsung Electronics in South Korea. The company plans to invest hundreds of billions of dollars to build a semiconductor cluster in the country’s southwestern region. Photo by Samsung Electronics June 30 (UPI) -- Two So»»»

Iran rejected French President Emmanuel Macron’s proposal to cooperate on clearing mines from the Strait of Hormuz on Monday evening, warning Paris against intervening in one of the world’s most strategically important waterways. Iranian Deputy Foreign Minister Kazem Gharibabadi dismissed the bid t»»»

Dubai: General Dhiraj Seth on Tuesday took over as India’s next Chief of the Army Staff (COAS), succeeding General Upendra Dwivedi after his retirement, becoming the first officer from the Armoured Corps to head the Indian Army since General Shankar Roychowdhury served between 1994 and 1997. With n»»»

Dubai: Airbus has secured an order worth more than $10 billion at list prices from SAS, giving the Scandinavian airline up to 40 widebody aircraft as it expands long-haul flying from Copenhagen. Sign up for our daily business newsletter, Cheques & Balances.SAS said on Tuesday that it had selected t»»»

Dubai: A 24-year-old woman has accused a man of sexually harassing her inside a moving car in Delhi, with the alleged assault captured on her mobile phone, NDTV reported. According to her complaint, the accused, who was known to her, invited her out on the pretext of eating momos before saying he n»»»

Dubai: A 32-year-old woman died from excessive blood loss after delivering her second child at home in Tamil Nadu’s Tiruppur district, with police investigating whether the family relied on YouTube videos promoting “natural childbirth” instead of seeking medical care, NDTV reported. The woman, iden»»»

Dubai: Nearly one million new millionaires were created globally in 2025, as personal wealth rose at its fastest pace in years and more people moved into higher wealth brackets, according to UBS’ Global Wealth Report 2026. Sign up for our daily business newsletter, Cheques & Balances.The world’s mi»»»

Dubai: A transport bus carrying Royal Jordanian Airlines crew members was involved in a road accident in New York early on Tuesday, the airline said. Sign up for our daily business newsletter, Cheques & Balances.The bus was transporting crew members of Flight RJ8261 from John F. Kennedy Internation»»»

Dubai: Traffic through the Strait of Hormuz slowed sharply over the weekend after a commercial vessel was struck while transiting the strategic waterway and fresh exchanges of strikes between the United States and Iran strained their preliminary agreement to end the Middle East conflict. According »»»

Dubai: Gold prices in the UAE fell to their lowest level this month on Tuesday morning, giving shoppers another price break after a volatile June that saw rates swing by more than Dh60 per gram. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and »»»

Dubai: Worldwide luxury spending reached about $1.64 trillion in 2025, but the industry is entering the second half of 2026 with a very different buyer from the one that drove the post-pandemic boom. Sign up for our daily business newsletter, Cheques & Balances.Bain & Company and Altagamma said glo»»»

Dubai: The UAE-Ukraine Comprehensive Economic Partnership Agreement has officially entered into force, opening the way for lower tariffs and easier market access between the two countries. Sign up for our daily business newsletter, Cheques & Balances.The agreement, which takes effect on July 1, is »»»

South Korean Foreign Minister Cho Hyun (R) shakes hands with his Ukrainian counterpart, Andrii Sybiha, ahead of their talks in Seoul on Tuesday. Photo by Yonhap Foreign Minister Cho Hyun met with his Ukrainian counterpart, Andrii Sybiha, in Seoul on Tuesday, South Korea's foreign ministry said, wit»»»

I'll admit, I got jealous watching a video of a few huskies rolling in the snow. They were right where they wanted to be: Hiding under layers of white. Sitting a million miles away with my portable fan working overtime, I briefly imagined swapping places with the huskies. It's solace to watch snow-»»»

First published in Deník N. Croatia has established itself in the EU as a reliable partner, yet tensions are growing inside the country between the liberal and conservative parts of the political scene. According to political scientist Anđelko Milardović, prime minister Andrej Plenković displays el»»»

A US airstrike on Iran’s coast late Friday triggered a swift retaliation by the Islamic Revolution Guard Corps (IRGC) Navy, which said it struck American military targets across the region. In a statement, the IRGC said the US attack, carried out under the pretext that Iran had obstructed a vessel »»»

Warm milk. Warm food. The bottle of water that you placed at 7 am is still lukewarm by the end of the day, ruining your hopes of an ice-cold drink after battling traffic for an hour. Warm, warm, and warmer. Well, the universe isn’t against you, but your refrigerator is waving a white flag. In 45 de»»»

Unification Minister Chung Dong-young delivers a keynote speech during the Korean Peninsula Symposium 2026 in Seoul on Friday. Photo by Yonhap Unification Minister Chung Dong-young called Friday for shifting away from an approach that sticks to denuclearization as the sole solution to the North Kor»»»

Dubai: The UAE will begin preparatory talks to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, marking a fresh step in its push to widen market access and deepen trade links with economies across Asia-Pacific and the Americas. Sign up for our daily business newslette»»»

North Korean leader Kim Jong Un oversaw tests of new weapons to bolster firepower along the inter-Korean border, state-run media reported Friday. In this May 2024 photo, Kim views a 240mm multiple rocket launcher system. File Photo by KCNA/EPA-EFE SEOUL, June 26 (UPI) -- North Korean leader Kim Jon»»»

Dubai: Apple has raised MacBook prices in the UAE, with some models now costing hundreds of dirhams more than they did in March, as verified by Gulf News on Apple’s UAE website on June 26. Sign up for our daily business newsletter, Cheques & Balances.The biggest increase is on the 14-inch MacBook P»»»

Dubai: Dubai gold prices fell again on Friday morning, giving jewellery buyers a lower entry point after a volatile month that saw rates swing from record highs to their lowest levels in weeks. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and I»»»

1 of 2 | Far-right candidate Abelardo de la Espriella has defeated leftist Ivan Cepeda for the Colombian presidency. Photo by Mauricio Duenas Castaneda/EPA June 25 (UPI) -- Colombia and Peru have elected two of Latin America's most conservative right-wing leaders after electoral authorities confirm»»»

Dubai: A 45-year-old businessman, who was previously arrested in a high-profile extortion and threat-letter case, was found dead at the Bengaluru apartment of Kannada actor Krishi Thapanda, police said on Thursday. The deceased, identified as Vaishak Upadhyay, was found hanging at an apartment in R»»»

Dhaka: India will resume issuing tourist visas to Bangladeshi nationals from June 28, marking a significant step towards normalising ties nearly two years after visa services were suspended following political unrest in Bangladesh. The announcement was made on Thursday by India's newly appointed Hi»»»

Dubai: The UAE is strengthening market price monitoring at retail outlets as part of wider efforts to protect consumers, maintain market stability and bring commodity prices back to normal levels. Sign up for our daily business newsletter, Cheques & Balances.The Economic Integration Committee revie»»»