Dubai: Dubai Police officials have visited victims injured in the tragic collision between a minibus and a truck on Emirates Road that claimed seven lives and left nine others injured, reaffirming the force's commitment to supporting community members during times of hardship. The visit was carried»»»

RIYADH: Saudi Arabia has secured the confidence of the global investment community despite ongoing regional volatility, a major banking conference heard this week. Speaking at HSBC’s GCC Exchanges Conference in London, senior executives from the Kingdom’s financial sector said investors remain comm»»»

Equity Market Retreats as Treasury-Bill Demand Highlights Confidence in Egypt’s Macroeconomic Outlook Cairo — Egyptian equities posted their sharpest decline in weeks on Wednesday as widespread selling pressure erased much of the market’s recent gains, even as foreign investors continued to increas»»»

BELGRADE - Serbian Minister of Mining and Energy Dubravka Djedovic Handanovic said on Wednesday evening Serbia had successfully resolved all outstanding issues with Hungary's MOL regarding its acquisition of a Russian-majority stake in the Serbian oil company NIS and that compromise had been reache»»»

Electro-Alfa International (BVB: EAI), a leading Romanian manufacturer of electrical equipment and provider of EPC and IT services, listed on the Bucharest Stock Exchange, has completed the acquisition of SPIACT Craiova and Electro Alfa CM (Metal Fabrications). The two acquisitions, worth over EUR »»»

Dubai: What does it take to build a stronger, more inclusive society? For Dubai’s Community Development Authority (CDA), the answer is to invest in people, empower communities, and turn vision into measurable impact. That approach has now earned the authority four prestigious awards from the Dubai »»»

In recent years, Romanian industries, especially light industry, have been supported by European funds as well as state aid. All these sources of financing represent a strategic opportunity to modernise the national economy and strengthen local production capabilities. In the current geopolitical c»»»

On a blustery but thankfully dry Sunday, June 7, the 12 captains of teams in the ICC Women’s World Cup 2026 assembled on Waterloo Bridge, London. The event was termed a carnival and was followed by a press conference in a less windswept venue nearby. There, for the purpose of two consecutive questi»»»

Vazrazhdane MP Angel Georgiev on Thursday accused prosecutors of pursuing a politically motivated case against him after Acting Prosecutor General Vanya Stefanova requested the continuation of criminal proceedings related to allegations that he assaulted a protected public official. Speaking to rep»»»

Russia has lifted its ban on the popular gaming platform Roblox, after tens of thousands of children and parents sent letters complaining about the measure. The platform -- which allows users to build their own games and share them with others -- was among Russia's most popular mobile games, tying »»»

Prime Minister Mostafa Madbouly chaired a meeting of the Economic Ministerial Group at the government headquarters in the New Capital on Tuesday, June 10, 2026, to review a number of priority economic issues and developments. The meeting was attended by Deputy Prime Minister for Economic Affairs Hu»»»

Who is Timur Turlov? Where did his billions come from? And how did he turn a small brokerage firm into a transnational financial ecosystem? Freedom Holding Corp. is a Kazakhstan-born international fintech company listed on the Nasdaq and valued at nearly $9 billion. In recent years, the company - w»»»

US Secretary of State Marco Rubio has expressed Washington’s strong support for the decades-old idea of diversifying Turkmenistan's natural gas exports via a pipeline that would be constructed across the Caspian Sea, according to a US State Department statement released on May 29. The statement fol»»»

The economic fallout from the conflict in the Middle East is expected to slow growth across emerging Europe, Central Asia and parts of Africa and the Mediterranean, as higher energy costs reignite inflation, weaken industrial competitiveness and strain already fragile public finances, the European »»»

Doha, Qatar: Podar Pearl School, Al Meshaf Campus and Pearl School, Al Dafna Campus have been conferred the prestigious Diamond Category Award by the Ministry of Education and Higher Education (MoEHE), for the academic year 2025-2026. The award recognises the schools’ exemplary performance in the n»»»

Doha, Qatar: Qatar Shell marked International Women’s Day 2026 with an event at Qatar Shell Research and Technology Centre, bringing together colleagues and external speakers under the theme ‘Powerful Together’ to explore how inclusion is strengthened through collective action across genders, organ»»»

Doha, Qatar: As part of its participation in Project Qatar 2026, the Public Works Authority (Ashghal) organised a specialized session titled “Building Information Modeling (BIM) and Geographic Information Systems (GIS): Advancing Qatar’s National Digital Twin.” The session highlighted the latest di»»»

For much of the 26 years since the beginning of the millennium, India has aimed at becoming a rising economic power by way of first becoming a service centered hub and gradually shifting towards becoming a centre of manufacturing. However, many of these ambitions have hit the wall of geop»»»

Some fintech companies operating in Azerbaijan could surpass individual banks in certain service segments within two to three years, the chairman of the Azerbaijan Fintech Association (AzFina), Edgar Abdullayev, told Report in an interview. Abdullayev, who also serves as head of United Payment Azer»»»

The documents for the extradition of Stoyan Mavrodiev from Serbia to Bulgaria for criminal prosecution have been sent to the Serbian Embassy in Sofia, Justice Minister Nikolay Naydenov told a briefing here on Thursday. In his words, the procedure follows strictly formal rules and there is no need f»»»

Doha: Vodafone Qatar announced the launch of Business WiFi Pro, a managed WiFi solution designed to deliver enterprise-grade connectivity to small and medium-sized businesses (SMBs) across Qatar. Business WiFi Pro is designed to simplify how businesses set up and operate their networks. The service»»»

Doha, Qatar: The Kerala Business Forum (KBF), an affiliated organisation of the Indian Business and Professionals Council (IBPC), Doha, under the aegis of the Embassy of India, is participating in Project Qatar 2026 with a dedicated pavilion comprising of 16 Indian-run companies from diverse and em»»»

Abu Dhabi: President His Highness Sheikh Mohamed bin Zayed Al Nahyan has congratulated Indian Prime Minister Narendra Modi after he became the longest-serving democratically elected Prime Minister in India’s history. In a message posted on X, Sheikh Mohamed wished Modi continued success in leading »»»

CHICAGO: The authors of a new book on how the US helped stabilize Egypt through “soft power” argue that the strategy could have helped avoid much of today’s regional conflict. In an interview with Arab News, two of the three authors of “A Daring Enterprise: A US-Egyptian Partnership and the Case fo»»»

Hungarian energy company MOL and the Serbian government have reached a major agreement on the future ownership and governance of Serbia’s oil industry giant NIS, potentially paving the way for MOL to acquire the company’s Russian-controlled majority stake. The breakthrough comes after months of neg»»»

Dubai: Emirates has been named Best Overall Airline in the Middle East at the 2026 APEX Best in Airline Awards, after passengers rated the Dubai carrier highly across comfort, service, food, entertainment and connectivity. Sign up for our daily business newsletter, Cheques & Balances.The award was »»»

The launch is anchored by two sites: a strategic head office in the prestigious Chaillot neighbourhood of central Paris, which will focus on leading government engagement, partnerships, and investment across the region, and an engineering and manufacturing hub in Bordeaux, driving design, integrati»»»

Wars in the Middle East and Ukraine are set to dominate next week’s Group of Seven summit, as host France crafts an agenda aimed at projecting unity and avoiding confrontation with US President Donald Trump. The June 15–17 gathering in Evian-les-Bains, on the shore of Lake Geneva, brings together t»»»

Damascus, June 11 (SANA) The 24th edition of Buildex, Syria’s flagship construction and building materials exhibition, opened in Damascus on Wednesday, drawing hundreds of companies from around the world amid growing interest in the country’s construction and infrastructure sectors. The four-day ev»»»

Wars in the Middle East and Ukraine are set to dominate next week’s Group of Seven summit, as host France crafts an agenda aimed at projecting unity and avoiding confrontation with US President Donald Trump. The June 15–17 gathering in Evian-les-Bains, on the shore of Lake Geneva, brings together t»»»

Dubai: Emaar Properties is preparing to unveil a Dh200 billion master-planned development in the heart of Dubai, in what the company says will be one of the largest urban districts it has ever conceived. Sign up for our daily business newsletter, Cheques & Balances.The project will have a total bui»»»

The long-standing constructive cooperation between Bulgaria and Spain and the partnership on key topics on the European agenda were discussed during a meeting between Deputy Minister of Foreign Affairs Ivanka Tasheva and the Ambassador of Spain to Bulgaria Miguel Alonso Berrio here on Thursday. The»»»

An agreement on the construction of a new border checkpoint between Bulgaria and Serbia is expected to be signed by the end of the summer tourist season, Serbian Prime Minister Djuro Macut said in Belgrade. Macut made the statement following a meeting with Bulgarian Vice President Iliana Yotova, he»»»

Budapest’s rental market is showing clear signs of stabilisation this year, as both prices and supply begin to settle after recent fluctuations. At the same time, the number of available rental properties has declined slightly, according to an analysis based on listings in the database of Hungary’s»»»

The Albanian government reportedly announced it would suspend a real estate project led by the son-in-law of the US president Jared Kushner and his daughter Ivanka Trump to develop a luxury island resource as the EU warned the project could threaten Albania’s EU accession bid. Albania’s Environmen»»»

Serbia will not obstruct the planned sale of Russia’s majority stake in oil firm NIS, Energy Minister Dubravka Dedovic Handanovic said on June 9, as negotiations between Gazprom and Hungary’s MOL enter a critical final phase under a US-imposed deadline. Talks over the divestment are “progressing we»»»

The Ambassador Extraordinary and Plenipotentiary of the United Kingdom of Great Britain and Northern Ireland to the Kyrgyz Republic, Nicholas Bowler, visited Kumtor gold mine. During the visit, the diplomat toured the central open pit and key production facilities that ensure the year-round, 24-hou»»»

Romanian consumers are becoming increasingly pessimistic about the country’s economic and political outlook, while continuing to prioritise essential spending and seek value, according to the latest Consumer Sentiment Survey by Boston Consulting Group (BCG). The findings show that Romanians are sig»»»

Abu Dhabi: EDGE Group has announced the launch of EDGE Europe, a new company headquartered in Paris that will oversee the group’s growing defence and technology operations across Europe. The Abu Dhabi-based advanced technology and defence group said the move marks the first stage of its long-term e»»»

RIYADH: Syria is preparing to convert a memorandum of understanding signed with American company ConocoPhillips into final contracts for gas development and exploration within the next few days, according to Syrian Energy Minister Mohammed Al-Bashir. On the sidelines of the Global Energy Forum in W»»»

Tourists from the United States, Germany, the United Kingdom and Italy made the largest contribution to foreign visitor spending in Romania. Together, they spent almost €2 billio, accounting for around 40% of the total. For the first time in 2025, American tourists were the biggest spenders, at €55»»»

BARCELONA: Pope Leo XIV is visiting the Canary Islands on Thursday to draw attention to the plight of migrants who risk their lives every year trying to reach Europe, fulfilling a wish of Pope Francis to visit one of the epicenters of the European migration debate. Leo is spending the final two day»»»

Arab Finance: Madinet Masr recorded new sales totaling EGP 11.7 billion in the first quarter (Q1) of 2026, reflecting a 7% year-on-year (YoY) growth, according to the company's Q1 2026 Earnings Presentation. The real estate group delivered 831 units at the end of March 2026, representing a 256.7% i»»»

Tourism Minister Ilin Dimitrov took part in the 126th session of UN Tourism's Executive Council in Toledo, Spain, on June 10 and 11, the Ministry's press centre reported Thursday. Within the forum, he held a series of meetings with key representatives of the global tourism industry, including the m»»»

EKN, a company specializing in marketing and technology solutions and part of the multinational Numatec group, has entered the Romanian market. The company chose to expand its activities into one of the most competitive and challenging markets in the CEE region and appointed Olimpia Norsesovici as »»»

With exponential growth over the past 17 years, eMAG has become a regional leader in an extremely competitive sector and a trusted brand for millions of customers and entrepreneurs: it helps people save time and money and offers entrepreneurs access to the most powerful Marketplace platform through»»»

The European Bank for Reconstruction and Development (EBRD) announced that it will provide up to EUR 44 million in financing to support the development, construction and operation of a large-scale battery energy-storage system in Scornicesti, Olt County, a release of the international financial ins»»»

A non-modernised energy network means a brake on the development of the Romanian economy and the European economy, and for Romania it is very important that the need to develop distribution networks is being emphasised at European level, Director General of the Electricity Distribution Romania (DEE»»»

The European Bank for Reconstruction and Development (EBRD) announced that it will provide a ?175 million loan to Greek utility group Public Power Corporation (PPC) to support its renewable-energy projects in Bulgaria, Greece and Romania, the bank said in a press release.This financing will enable »»»

The third call for projects under the state aid scheme for new renewable-energy capacities for self-consumption in the agricultural and food-processing sectors will run between June 15 and August 14, the Ministry of Agriculture and Rural Development (MADR) announced on Tuesday. The available budget»»»