US dollar drops against Egyptian Pound following surge in CBE foreign reserves
The Central Bank of Egypt (CBE) announced that its net international foreign exchange reserves rose to $56.30 billion at the end of July. This increase reflects the ongoing improvement in the country’s foreign liquidity position and strengthens the Egyptian economy’s ability to fulfill its internat»»»
Sports Minister Meets Representatives of Youth Organizations and Centres
Minister of Youth and Sports Encho Keryazov held a working meeting with representatives of youth organizations and youth centres in Bulgaria, dedicated to the sustainable development of youth centres in the country. A key focus of the discussion was the role and development of youth centres as spac»»»
ALTAWKILAT Motorsport launches ‘Home of Tomorrow’s Champions’ program to develop Saudi Motorsport talent
JEDDAH, Saudi Arabia: ALTAWKILAT Motorsport has announced the launch of “Home of Tomorrow’s Champions,” a pioneering talent development program delivered alongside the Aramco F4 Saudi Arabian Championship. Designed to inspire and develop the next generation of Saudi motorsport professionals, the in»»»
Sharjah RTA completes Dh30 million Al Hisn Island Bridge in Dibba Al Hisn to boost road connectivity
Sharjah's Roads and Transport Authority (Sharjah RTA) has completed the Dh30 million Al Hisn Island Bridge project in Dibba Al Hisn, as part of its strategy to expand the emirate's transport infrastructure and improve road connectivity. The 54-metre bridge spans the Dibba Al Hisn waterway, linking »»»
Logic of Escalation of Ukraine Conflict by Strengthening of Its Troops Flawed - Russian MFA
MOSCOW (Sputnik) - The logic of the escalation of the conflict in Ukraine due to the strengthening of the armed forces of Ukraine is flawed and can bring unpredictable consequences, Director of the Russian Foreign Ministry's Information and Press Department Alexey Fadeev said on Thursday. "We are a»»»
FDA approves new mRNA-based flu vaccine - UPI.com
1 of 2 | The U.S. Food and Drug Administration headquarters is shown in Silver Spring, Md. The FDA has approved a new flu vaccine for adults over 50 that uses mRNA technology. File photo by Jim Lo Scalzo/EPA-EFE Aug. 6 (UPI) -- The U.S. Food and Drug Administration has approved a new mRNA-based sea»»»
Agriculture Minister, Greenhouse Farmers Discuss Possible Safeguards Against Unfair Competition
“Our ambition is to genuinely protect Bulgarian fruit and vegetable producers from unfair competition,” said Agriculture Minister Plamen Abrovski during a meeting with representatives of the greenhouse production sector. The discussion focused on opportunities to improve the competitiveness of Bulg»»»
Plane near drone found at German airport was carrying ammunition, media reports say
FRANKFURT: A Ukrainian cargo aircraft parked near an explosive-laden drone found at Germany’s Leipzig/Halle airport on Tuesday night was carrying a payload of military ammunition, a group of news outlets including Sueddeutsche Zeitung reported on Thursday. Forensic experts found that the explosives»»»
Dubai gold price hits Dh516.25 per gram, 10g of 24K costs over Dh5,100
Dubai: Gold prices moved higher again on Thursday afternoon, taking the local 24-karat rate to Dh516.25 per gram and extending a rapid increase that has added Dh29 since the beginning of August. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and »»»
SAB launches Qatar Airways Privilege Club co-branded credit card
Saudi Awwal Bank, one of the Kingdom’s leading banks, and Qatar Airways Privilege Club have announced the launch of the SAB Qatar Airways Privilege Club Credit Card in Saudi Arabia. This Visa Infinite credit card is the first co-branded payment card between Qatar Airways Privilege Club and a bank i»»»
Sadyr Japarov proposes joint industrial and IT projects to Russian regions - | 24.KG
President of Kyrgyzstan Sadyr Japarov met with heads of Russian regions in Cholpon-Ata. The parties discussed the development of interregional ties, expansion of trade and the launch of joint projects. The head of state called the establishment of joint ventures in industry, pharmaceuticals and agr»»»
Indonesia signs direct investment deal with Saudi Arabia to promote strategic cooperation
JAKARTA: Indonesia and Saudi Arabia have signed an agreement to promote direct investment and facilitate cross-border capital flows, as Jakarta seeks to attract more Saudi companies to its strategic sectors. The Saudi Minister of Investment Fahad bin Abduljalil Al-Saif and his Indonesian counterpar»»»
Eurasian Intergovernmental Council meeting begins in Cholpon-Ata - | 24.KG
The latest meeting of the Eurasian Intergovernmental Council (EIC) has begun in Cholpon-Ata. It is being held as part of Kyrgyzstan’s chairmanship of the Eurasian Economic Union. The meeting is attended by Chairman of the Cabinet of Ministers of the Kyrgyz Republic Adylbek Kasymaliev, as well as th»»»
Indonesia signs direct investment deal with Saudi Arabia to promote strategic cooperation
JAKARTA: Indonesia and Saudi Arabia have signed an agreement to promote direct investment and facilitate cross-border capital flows, as Jakarta seeks to attract more Saudi companies to its strategic sectors. The Saudi Minister of Investment Fahad bin Abduljalil Al-Saif and his Indonesian counterpar»»»
Borissov Announces GERB Shadow Government Ahead of Local Elections
GERB leader Boyko Borissov said the party will create a shadow government ahead of the local elections as part of an effort to show voters that it is prepared to return to power. In a video published on GERB's political platform "New Minds," Borissov said the party plans to present a team that will»»»
Saudi finance ministry warns against starting government projects before contract awards
RIYADH: As Saudi Arabia steps up efforts to strengthen discipline in public procurement and contract execution, the government has approved a new Government Tenders and Procurement Law to enhance governance, transparency and the efficiency of the procurement system. Asharq Al-Awsat has learned that»»»
Shashi Tharoor slams proposed foreign funding Bill, government says no retrospective clause
Dubai: Congress MP Shashi Tharoor has launched a scathing attack on the proposed Foreign Contribution (Regulation) Amendment Bill, 2026, calling it a “dangerous escalation in the centralisation of executive power” that “fundamentally rewrites the relationship between the Indian state and civil soci»»»
Fish farming cluster planned for Toktogul reservoir in Kyrgyzstan - | 24.KG
Kyrgyzstan is considering the creation of a full-cycle fish farming cluster at Toktogul reservoir. The project includes fish farming, feed production, fish processing and the subsequent export of finished products. The project concept was discussed at the National Investment Agency during a meeting»»»
Continued violations of Al-Aqsa status quo could lead to ‘catastrophic situation’
AMMAN: The importance of Al-Aqsa for Muslims, Christians and Jews means that Israel’s current forceful measures to maintain control of the sacred site has caused considerable strife. Ministers from Arab and Muslim nations, who held an emergency meeting in Amman recently, warned that Tel Aviv’s acti»»»
South Korea's Lee orders emergency response to record heatwave - UPI.com
South Korean President Lee Jae Myung on Thursday called for an emergency government response to a record-breaking heatwave. In this photo, taken Thursday, a merchant cools off with a frozen water bottle at Seoul Central Market. Photo by Yonhap SEOUL, Aug. 6 (UPI) -- South Korean President Lee Jae M»»»
First phase of UAE-funded Sheikha Fatima Women's Surgery Wing opens in East Jerusalem
Khalifa bin Shaheen Al Marar, Minister of State, inaugurated the first phase of the Sheikha Fatima bint Mubarak Women's and Maternity Surgery Wing at Al Makassed Hospital in East Jerusalem, as part of the UAE's ongoing humanitarian support for the Palestinian healthcare sector. The project, impleme»»»
Media Review: August 6
The August 2 confrontation between Bulgarian and Italian teenagers in Bansko, the race ahead of the October 25 presidential election, concerns over fentanyl and key economic issues feature prominently in Bulgaria's news media on Thursday. COMMENTS ON BANSKO INCIDENT On Thursday, Prime Minister Rume»»»
Ras Al Khaimah attracts Dh771.5m in fresh investment
Ras Al Khaimah attracted Dh771.5 million in new investments during the first six months of 2026, with 967 new establishments joining the Ras Al Khaimah Chamber of Commerce and Industry, underscoring the emirate’s growing appeal as a regional business and investment hub. The new businesses brought 1»»»
Egyptian Prime Minister, Qatari Diar discuss Alam Al Roum development project
Cairo, Egypt: Egyptian Prime Minister HE Mostafa Madbouly met with the CEO of Qatari Diar, Sheikh Hamad bin Talal Al-Thani, to discuss the latest developments in the Alam Al Roum development project on Egypt’s north coast. The Prime Minister emphasized the importance of the Alam Al Roum project, de»»»
Sheikh Mohammed bin Rashid honours Sheikh Zayed as visionary Founding Father on 60th anniversary of Abu Dhabi rule
Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, paid tribute to the late Sheikh Zayed bin Sultan Al Nahyan on the 60th anniversary of his accession as Ruler of Abu Dhabi, describing the UAE's Founding Father as a visionary »»»
UAE marks 60 years of Sheikh Zayed's leadership
Dubai: The UAE on Thursday marked the 60th anniversary of the accession of its Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, as Ruler of Abu Dhabi. President His Highness Sheikh Mohamed bin Zayed Al Nahyan said the historic milestone marked the beginning of the country's remarkable j»»»
Russia Says It Struck Black Sea Ukrainian Cargo Ships and Downed 605 Drones
The Russian Defense Ministry reported Thursday that its forces struck two Ukrainian cargo vessels in the Black Sea, south and east of the Odessa port, for transporting military supplies destined for Kyiv. In an official statement, the ministry confirmed that Russian armed forces are continuing thei»»»
Saudi food giant Savola posts 36% rise in H1 profit
RIYADH: Saudi food and retail group Savola reported a 36 percent increase in 2026 first-half net profit, driven by stronger operational performance in its food processing business and resilient retail performance despite a competitive market environment. Net profit rose to SR401 million ($106.9 mil»»»
China issues retaliatory sanctions against 7 U.S. entities - UPI.com
China imposed punitive measures against seven U.S. entities on Wednesday, weeks before Chinese leader Xi Jinping (L) is to visit U.S. President Donald Trump in Washington on Sept. 24. File Photo by Daniel Torok/The White House/UPI | License Photo Aug. 6 (UPI) -- China has issued retaliatory sanctio»»»
CC Urge Finance Minister to Confirm Before Court Procedural Actions Taken by State in Plovdiv Fair Case
Continue the Change (CC) MP and former economy minister Bogdan Bogdanov has urged Finance Minister Galab Donev to immediately confirm before the Supreme Court of Cassation the procedural actions taken so far in the case concerning the Plovdiv Fair, the press office of the party said. The call follo»»»
Trump International Hotel & Tower Dubai awards podium construction contract
Dubai: Construction of the Trump International Hotel & Tower, Dubai is moving into its next phase after developer Dar Global appointed Gulf Asia Contracting to build the project’s podium. Sign up for our daily business newsletter, Cheques & Balances.The contract award follows progress on the enabli»»»
Meet the UAE Weatherman who forecasts rain by chasing clouds across the desert
Dubai: The most useful thing Muhammed Sajjad KP, known as UAE weatherman, will tell you about chasing rain in the UAE is that the rain radar isn't live updates. "If you see this radar on the application, and then drive towards those spots, you'll not get rain as we wish," he says, "because these ra»»»
Syrian ports revive commercial activity with nearly 1,000 vessels in first half of 2026
Damascus, Aug. 6 (SANA) Syrian ports have recorded a sharp increase in maritime traffic since the country’s liberation at the end of 2024, with vessel calls and cargo volumes rising significantly during the first half of 2026 as authorities press ahead with infrastructure upgrades and equipment mod»»»
Kyrgyzstan and Russia to establish seamless mobile operator - | 24.KG
Kyrgyzstan and Russia plan to create a seamless cross-border mobile communications service, with the relevant agreement expected to be signed in the near future. The announcement was made by Artem Novikov, Chairman of the Board of the Russian-Kyrgyz Development Fund (RKDF), during the Kyrgyz-Russia»»»
Russian investments help improve Kyrgyzstan’s energy balance — Overchuk - | 24.KG
Russian investments are making a tangible contribution to improving Kyrgyzstan’s energy balance, Russian Deputy Prime Minister Alexey Overchuk said at the Kyrgyz-Russian Economic Forum in Cholpon-Ata. «Here, in Issyk-Kul region, construction of the largest solar power plant in Central Asia is neari»»»
Kyrgyzstan to sign agreements with Russia for $800 million - | 24.KG
Agreements with Russian companies totaling $800 million are planned to be signed today, August 6. First Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan Daniyar Amangeldiev said at the Kyrgyz-Russian Economic Forum. According to him, the projects cover the processing industry, the industri»»»
Whales on a plane: Qatar Airways Cargo safely relocates six beluga whales from Canada to US
Doha, Qatar: Qatar Airways Cargo has safely transported six rescued beluga whales from Canada to the United States as part of an international relocation effort. In a video shared on social media, Qatar Airways gave viewers a behind-the-scenes look at the complex operation involved in transporting »»»
Philippines: Anti-Pax Silica slogans amount to poverty of ideas
There is a peculiar contradiction in the Philippine debate over Pax Silica. A country that has spent decades complaining about poverty, underemployment, brain drain, weak industrialisation, unreliable infrastructure and the export of raw resources suddenly finds itself being offered a place in one »»»
Unlocking pension capital crucial to sustaining Romanian PE growth
Andrei Gemeneanu, ROPEA president, talked to BR about Romania’s private equity market, which saw investment values quadruple to EUR 433.6 million in 2025. Gemeneanu discusses the drivers behind this surge, the record-breaking exit activity, and the need to unlock domestic pension funds to reduce re»»»
Space42 H1 2026 revenue rises 15% to $260m, D2D services set for year-end rollout
Dubai: Space42 reported record first-half revenue after growth across its satellite services and geospatial intelligence businesses, while preparations continued for the commercial rollout of direct-to-device services on standard mobile phones. Sign up for our daily business newsletter, Cheques & B»»»
Middle East sustainable bond issuance forecast cut amid regional volatility: S&P
RIYADH: S&P Global Ratings has cut its 2026 forecast for Middle East sustainable bond issuance to $15 billion-$20 billion, citing geopolitical volatility and weaker market conditions. The ratings agency had previously projected issuance of $20 billion-$25 billion for the year. First-half 2026 issua»»»
Bulgaria Launches Space and Defense Hub at Former Military AirportOpinions
The former military airport at Dobroslavtsi, where flight operations ended 25 years ago, is set to become what the Bulgarian government describes as Europe's largest advanced space and defense center. The project, based on a public-private partnership, was officially launched with the signing of a »»»
PM Radev: Dobroslavtsi Airport to Become Space and Defence Technology Hub
A national centre using space data to monitor key processes will be built at Dobroslavtsi Airport, Prime Minister Rumen Radev said on Thursday. “We will finally begin building what I have been talking about since 2020, a national centre for observation, coordination and management using data from s»»»
Lebanon-Israel talks 'more positive' on second day
The atmosphere on the second day of Lebanese-Israeli negotiations in Rome was more positive than on the first, Baabda Palace sources told Al-Jadeed TV. "The second day of negotiations saw three parallel and separate meetings at the political, military, and border levels. The Lebanese delegation pre»»»
UAE marks 60 years since Sheikh Zayed became Ruler of Abu Dhabi, Founding Father’s vision still shaping nation’s progress
The UAE on Thursday marked the 60th anniversary of the accession of its Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, as Ruler of Abu Dhabi, a milestone President His Highness Sheikh Mohamed bin Zayed Al Nahyan said heralded the country's journey of progress and laid the foundations »»»
Mass. governor signs sweeping law limiting ICE enforcement - UPI.com
Massachusetts Gov. Maura Healey (C) signs the Protect Act into law on Wednesday at La Colaborativa, a Latina-led nonprofit economic development agency in Chelsea, Mass. Photo courtesy Massachusetts Gov. Maura Healey/X Aug. 6 (UPI) -- Massachusetts Gov. Maura Healey has signed landmark legislation t»»»
On This Day, Aug. 6: U.S. drops atomic bomb on Hiroshima - UPI.com
On Aug. 6, 1945, the United States dropped an atomic bomb on the Japanese city of Hiroshima. 1 of 6 | An unidentified newsman stands amid the rubble of Hiroshima in September 1945. On August 6, 1945, an atomic bomb was dropped on the city. UPI File Photo | License Photo Aug. 6 (UPI) -- On this date»»»
Breastfeeding Counsellor Gvozdeykova Answers Mothers’ Most Common Questions
Breast pain, nursing strikes and weaning are among mothers’ most common breastfeeding concerns, La Leche League counsellor Elena Gvozdeykova told BTA on Thursday. Gvozdeykova is taking part in events organized by the Sliven Regional Health Inspectorate for World Breastfeeding Week, observed from Au»»»
Kyrgyzstan views Russia as a strategic partner — Sadyr Japarov - | 24.KG
Kyrgyzstan views Russia as a strategic partner, President Sadyr Japarov said in his address to participants of the Kyrgyz-Russian Economic Forum. The president emphasized that the country is following the right course. «During the talks with Russian President Vladimir Putin held last year, long-ter»»»
Sprint legend Allyson Felix begins 2028 Olympic preparations at Aspire Academy
Doha, Qatar: American sprint legend Allyson Felix has chosen Aspire Academy in Doha as a key training base as she prepares for a return to competition with the goal of racing at the 2028 Olympic Games in her hometown of Los Angeles. Felix, 42, announced her return to competitive athletics in April »»»