'New oil': US aims to create $2.5-billion critical minerals stockpile to counter China's dominance
WASHINGTON: A bipartisan group of US lawmakers has introduced legislation to establish a $2.5-billion "Strategic Resilience Reserve" aimed at strengthening domestic supplies of critical minerals and rare earth elements. The move marks the latest effort to reduce US dependence on China for materials»»»
Kolkata warehouse roof collapse: Investigators seek more details
Kolkata: The Special Investigation Team (SIT), which is probing the case of the under-construction warehouse roof collapse at Taratala that claimed 16 lives, has sought further details from the Kolkata Municipal Corporation (KMC) and the Kolkata Port Trust (KoPT) authorities. The warehouse project »»»
Monaco explosion injures Ukrainian tycoon as suspect flees to France
Paris: A blast from an explosive device has seriously injured three people at a residential building in Monaco, and the attacker fled to France, local authorities said. French and Ukrainian media reported that a Ukrainian magnate and his family were those injured. The unusual attack Monday night st»»»
Peso's New Normal? BSP Data Suggests the Dollar Could Stay Above ₱60—But the Worst May Be Over
Manila: The Philippine peso appears to have entered a new trading range against the US dollar. Recent data from the Bangko Sentral ng Pilipinas (BSP) suggests the currency is stabilising above the psychologically important ₱60-per-dollar level after months of sharp depreciation. The daily BSP refer»»»
Hyksos-era settlement and cemetery complex uncovered in Egypt's Ismailia
Dubai: Egyptian archaeologists have uncovered a Second Intermediate Period settlement comprising tombs, homes, storage facilities and industrial installations in the Tell El Koa archaeological site in Ismailia Governorate, offering fresh insights into life in the eastern Nile Delta during the Hykso»»»
Saudi Arabia extends tax penalty waiver scheme to end-2026, giving taxpayers more time to settle Labilities
Dubai: Saudi Arabia has extended its initiative waiving selected tax fines and financial penalties for taxpayers by a further six months, giving businesses and individuals until December 31 to regularise their tax affairs. The Zakat, Tax and Customs Authority (ZATCA) said the extension, approved by»»»
Planning a trip to Oman? Filipino travellers no longer need HIV certificate
Dubai: Filipinos planning a trip to Oman can now travel without presenting a negative HIV medical certificate if they are entering the country under Oman's 14-day visa-free entry programme. In a statement, the Philippine Department of Foreign Affairs (DFA) has announced the change, noting that the »»»
Romanian banks need structural transformation to maintain profitability as interest rates normalize – Kearney analysis
Romania’s retail banking sector is entering a more demanding phase than many of its European peers, as the normalization of interest rates overlaps with domestic fiscal, economic and political pressures, according to the 18th edition of Kearney’s European Retail Banking Radar. Local banks must navi»»»
Over 5 million Romanians were at risk of poverty or social exclusion in 2025
Around 5.2 million Romanians, representing 27.4% of the usually resident population, were at risk of poverty or social exclusion in 2025, according to data published by the National Institute of Statistics. The indicator was down by 0.5 percentage points compared with 2024, corresponding to a decre»»»
Bokra, Geidea partner to expand digital savings access for merchants in Egypt Arab Finance For Information Technology
Arab Finance: Bokra has partnered with digital payments provider Geidea to offer digital savings products to more than 200,000 merchants across Geidea's network in Egypt, as per an emailed press release. The partnership will enable merchants to access Bokra's digital savings solution, which allows »»»
NBE pens €50M financing agreements with AFD to boost agricultural sector Arab Finance For Information Technology
Arab Finance: The National Bank of Egypt (NBE) signed two financing agreements totaling €50 million with the French Development Agency (AFD), along with a €4 million grant, under the Sustainable Agricultural Finance Program (SASME 2). The signing, which took place on the sidelines of the celebratio»»»
EGX sees temporary listings of 4 state-owned firms under state IPO program Arab Finance For Information Technology
Arab Finance: Egypt has temporarily listed four state-owned companies on the Egyptian Exchange (EGX), including three from the petroleum sector, as part of the state's initial public offering (IPO) program aimed at broadening private-sector participation, as per a statement. The four companies are »»»
El-Sisi reviews Suez Canal traffic, shipbuilding projects Arab Finance For Information Technology
Arab Finance: President Abdel Fattah El-Sisi reviewed navigation traffic and operational performance of the Suez Canal during fiscal year (FY) 2025/2026, according to a statement. In his meeting with Chairman of the Suez Canal Authority (SCA) Osama Rabie and Chairman of the South Red Sea Shipyard C»»»
Temperatures to range between 25 and 30°C in most regions Sunday night
Tunis, June 28 (TAP) - Temperatures in most regions of the country during the night between Sunday and Monday will range between 25 and 30°C, falling to around 23°C on western heights and reaching up to 32°C in the south-west, according to the...»»»
Tunisia to host 7th COMESA Regional Fair and CTF 2026
TUNIS, June 29, 2026 (TAP) - Tunisia will host the 7th edition of the COMESA Regional Fair and the COMESA Federation of Women in Business (COMFWB) Trade Fair and Business Conference (CTF 2026) from July 1 to 3, 2026, with the participation of...»»»
Tunisias exports to COMESA post 50.2% rise (minister)
Tunis, June 29 (TAP)- Tunisia's exports to the Common Market for Eastern and Southern Africa (COMESA) rose 50.2% in the period spanning 2019/2025, said Minister of Trade and Export Development Samir Abid. The value of exports grew from TND 1.9...»»»
Lebanon Speaker Berri: Framework Agreement Won’t Pass Through Constitutional Institutions
Lebanese Parliament Speaker Nabih Berri warned against any attempt to undermine the Lebanese Army or dismiss its commander, cautioning that such a move would provoke a firm response, Lebanese daily Al-Akhbar reported on Tuesday. Speaker Berri has also reiterated his opposition to toppling the gover»»»
Tehran Condemns US Strikes as “Barbaric,” Accuses Washington of Renouncing Commitments
Iran’s Foreign Ministry has issued a sharp condemnation of the latest United States airstrikes on its southern territories, asserting that the military action demonstrates Washington’s utter disregard for its international obligations and a pattern of habitual promise-breaking. In an official state»»»
Watch IRGC Launching Missiles, Drones in Response to US Attacks
Iran’s Revolutionary Guard released footage of the moment it launched missiles and drones in the “decisive missile response” operation early Sunday morning, which was carried out by the Revolutionary Guard’s Aerospace Force and Navy in response to US attacks. Source: Al-Manar English Website»»»
Araghchi: Solely Iran Responsible for Reopening Hormuz Strait under Deal with US
Iranian Foreign Minister Abbas Araghchi warned on Sunday that any external interference in the maritime arrangements would only complicate the situation and delay the reopening process of the strategic Strait of Hormuz. Speaking at a joint press conference in Baghdad with Iraqi Foreign Minister Fua»»»
Leader Orders Pursuit of US-Israeli War Crimes against Iran
Leader of the Islamic Revolution Ayatollah Sayyed Mojtaba Hosseini Khamenei has ordered the legal pursuit of the US and Israeli war crimes committed against the Iranian nation. The Leader has called on Iran’s Judiciary to pursue and restore the nation’s rights that have been violated as a result of»»»
Velayati Says Hezbollah is True Protector of Lebanon’s Sovereignty
Ali Akbar Velayati, a senior advisor to the Leader of the Islamic Revolution on international affairs, has declared Hezbollah the true protector of Lebanon’s sovereignty. In a post published on the social media platform X on Sunday, Velayati wrote, “After years of diplomatic experience, I say, ‘Fre»»»
Iran and Oman Hold First Joint Hormuz Committee Meeting: Gharibabadi
Iran and Oman have conducted the first meeting of a joint committee on the Strait of Hormuz in Muscat, the Islamic Republic’s Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi announced on Monday. In a post on X on Monday, Gharibabadi said the meeting was held with Omani»»»
Pezeshkian Says $6bn of Iranian Assets to Return via Qatar
President Masoud Pezeshkian announced Monday that $6 billion of Iran’s frozen assets will be released and returned through Qatar, and confirmed that oil and petrochemical sanctions have been lifted under the peace deal, which he called a “great victory” for the Iranian people. Speaking during a vis»»»
Condemnations as Israeli Occupation Attacks Southern Syria Anew
Israeli occupation attacked southern Syria late Sunday in a new attack that sparked condemnations among some Arab countries and Hamas Palestinian resistance movement. Israeli forces opened fire toward Syrian civilians late Sunday while withdrawing from the village of Abidin in the southern Daraa co»»»
Araghchi: Solely Iran Responsible for Reopening Hormuz Strait under Deal with US
Iranian Foreign Minister Abbas Araghchi says the responsibility for reopening the Strait of Hormuz rests solely with the Islamic Republic of Iran, urging all parties to refrain from interfering in Tehran’s management of the strategic waterway under the terms of a memorandum of understanding (MoU) w»»»
Baqaei: Iran Will Not Attend Negotiations with US in Coming Days
Foreign Ministry Spoksaman Esmaeil Baqaei has denied claim that Tehran and Washington will hold talks in Qatar in the coming days. Baqaei pointed out that the issue that the US representatives are going to Qatar is not linked to the a trip by the Iranian delegation to the neighbrong country. Earlie»»»
Egypt, Rwanda discuss strengthening cooperation on digital transformation
Raafat Hindi, Egypt’s Minister of Communications and Information Technology, received Paula Ingabire, Rwanda’s Minister of ICT and Innovation, to discuss ways of strengthening cooperation between the two countries in the fields of digital transformation, artificial intelligence (AI) and digital cap»»»
Arab African Advisers concludes Egypt’s Clusters Regulatory Framework Support project under EU-funded programme
Arab African Advisers has completed the Clusters Regulatory Framework Support project in Egypt, a key pillar of the EU-funded EuroMed Clusters Forward programme. The initiative, implemented by ANIMA Investment Network in partnership with Berytech, spans seven Southern Mediterranean countries–Egypt,»»»
AOI medical subsidiary secures international ISO certification to boost local manufacturing, exports
The Arab Organization for Industrialization (AOI) announced that its subsidiary, the Arab African Medical Industries Company, has obtained the internationally recognized ISO 13485:2016 certification for medical device quality management systems, marking a significant milestone in Egypt’s efforts to»»»
Standard government contracts, tender documents finalised: Finance minister
Ahmed Kouchouk, Minister of Finance, announced that the government has completed the preparation of all standard procurement documents, including model contracts, tender documents and technical specifications, which will become mandatory for use in all contracts concluded by public entities. The mi»»»
Farid says Egypt to revamp startup funding, considers new sovereign fund mechanism to bridge financing gap
Egypt is developing its startup financing ecosystem by updating regulations for convertible securities and improving company valuation methodologies, while the Sovereign Fund of Egypt studies a new investment mechanism to support late-stage startups, the country’s investment and foreign trade minis»»»
Egypt calls for global partnership on non-conventional water
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, called for a global partnership on non-conventional water resources and increased financing for water projects in developing countries during a preparatory meeting for the 11th World Water Forum, scheduled to be held in Riyadh in Mar»»»
Egypt calls for joint Arab water projects, expands cooperation with Saudi Arabia
Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, called for jointly financed Arab water and climate projects to strengthen regional water security, while holding talks with Saudi officials to expand bilateral cooperation in water management. According to a ministry statement, Sewil»»»
Egypt coordinates with Somali and Yemeni officials to free sailors on hijacked MT Eureka
Egypt’s Ministry of Foreign Affairs is coordinating with authorities in Somalia and Yemen to secure the release of Egyptian sailors held aboard the hijacked transport vessel MT Eureka off the Somali coast. Foreign Minister Badr Abdelatty has directed daily monitoring of the incident, instructing th»»»
US, Iran prepare for Doha talks amid regional security challenges
The United States and Iran are preparing for a new round of high-level talks in Doha aimed at advancing implementation of their recent memorandum of understanding, even as maritime security in the Strait of Hormuz and Israel’s military presence in southern Lebanon continue to test the fragile diplo»»»
Industry minister discusses Schneider Electric’s expansion plans, local manufacturing strategy
Egypt’s Minister of Industry, Khaled Hashem, met with Sebastien Riez, CEO of Schneider Electric for North East Africa and the Levant, to discuss the company’s current and future expansion plans in the Egyptian market, as well as opportunities to deepen local manufacturing and increase the domestic »»»
Private sector to account for 59% of total investment in FY2026/27: Planning minister
Ahmed Rostom, Minister of Planning and Economic Development, said on Monday that the government adopted an economic and social development plan for the 2026/27 fiscal year that targets increasing the private sector’s share of total investment to around 59%. Rostom made the remarks during the launch»»»
Planning minister chairs National Investment Bank committee meeting
Ahmed Rostom, Minister of Planning and Economic Development and Chairperson of the National Investment Bank (NIB), chaired a meeting of the bank’s Investment Committee. The committee reviewed NIB’s investment portfolio, including its holdings across institutions listed on the capital market, and di»»»
Egypt, Switzerland sign $1.7m grant for e-waste recycling project
Egypt and Switzerland have signed a 1.4m Swiss franc ($1.7m) grant agreement to launch a project aimed at building a national system for the sustainable management of electronic waste, supporting the country’s transition to a circular economy and expanding green industries. The agreement was signed»»»
Opinion | Dividends and Divides: Appraising the Social Aspect of Egypt’s New Fiscal Budget
In the coming weeks, a new two-pound coin and revised one-pound coin will enter circulation, marking the latest update to the Livre Égyptienne. Intended to minimise minting costs, streamline fare collection and curb metal melting, the reforms appear modest when set against a state budget projected »»»
GCC secretary general expresses condolences to Qatar over death of Qatari citizen
RIYADH: Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi expressed his sincere condolences and profound sympathies to the State of Qatar over the death of a Qatari citizen who was killed by shrapnel resulting from military operations in the region. The incident also l»»»
Deputy prime minister, acting Iranian defence minister discuss latest security developments
DOHA: Deputy Prime Minister and Minister of State for Defense Affairs HE Sheikh Saoud bin Abdulrahman bin Hassan Al Thani received a phone call from Acting Minister of Defense of Iran HE Seyed Majid Ebn Al Reza. During the call, the two sides discussed the latest security developments in the region»»»
Qatar farmers welcome early signs of bountiful Rutab season
DOHA: Early signs of the domestic rutab (semi-ripe date) season are starting to emerge, as farmers are sanguine over the outlook for a strong harvest this year. The season is one of the most consequential agricultural periods in Qatar and across the Gulf, closely tied to cultural and social traditi»»»
Qatar wins several awards at Arab Women in Diplomacy forum
CAIRO: The State of Qatar won several awards at the International Forum of Arab Women in Diplomacy, organized by the General Secretariat of the League of Arab States at its headquarters in Cairo today, in cooperation with the Arab Council for Social Responsibility, coinciding with the International»»»
Amir sends congratulations to president of DR Congo
DOHA: His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani sent a cable of congratulations to President of the Democratic Republic of the Congo HE Felix Tshisekedi, on the occasion of his country's Independence Day.»»»
JPMorgan succession timeline finally taking shape, say insiders
Agencies JPMorgan Chase CEO Jamie Dimon has long spoken about succession, but a clear timeline for stepping aside has remained elusive. This time, however, sources say, the plan is real. Dimon plans to stay as CEO for up to three more years, with insiders hoping that the bank will name his successo»»»
Substitute Martinelli the late hero as Brazil fight back to down Japan
DPA Houston Brazil substitute Gabriel Martinelli struck in stoppage time to complete a thrilling 2-1 comeback win over Japan in the World Cup last 32 on Monday. Record five-times winners Brazil, whose World Cup title drought stands at 24 years, had gone behind to Mainz midfielder Kaishu Sano’s firs»»»
MoFA issues guide classifying jobs of diplomatic and consular corps
QNA Doha Prime Minister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani issued Ministerial Decision No 34 of 2026 issuing a guide to describing and classifying the jobs of the diplomatic and consular corps. The decision comes within the framework of developing»»»
QTTS hosts successful ‘Palette of Passion’ art exhibition in Lusail
Tribune News Network Doha Qatar Tamilar Traditional Sports (QTTS) successfully inaugurated its vibrant art exhibition, “Palette of Passion,” at the Art Factory in Lusail on June 19, attracting a large gathering of art enthusiasts, dignitaries and community members. The exhibition featured an impres»»»