NBS: Third IMF review under PCI-backed economic programme deemed successful
BELGRADE - The International Monetary Fund (IMF) Executive Board has concluded that a third review of the implementation of an economic programme supported by the Policy Coordination Instrument (PCI) for Serbia has been successful, the National Bank of Serbia (NBS) announced on Monday. "Given Serbi»»»
Bahrain sentences 12 people to 10 years’ imprisonment for supporting Iranian attacks
LONDON: Bahrain’s High Criminal Court on Monday sentenced 12 people to 10 years’ imprisonment and imposed fines of 2,000 Bahraini dinars ($5,300) on some for supporting Iranian attacks against the country. The Head of the Terrorism Crimes Prosecution announced on Monday that the court issued ruling»»»
Jordan foils infiltration, narcotic smuggling attempt
LONDON: Border Guards in Jordan thwarted an attempt to smuggle narcotics and prevented an infiltration by an individual in two separate incidents on Monday. The Eastern Military Zone intercepted electronically guided balloons carrying drugs that were crossing into Jordanian territory. No arrests we»»»
Hague Court Dismisses Ukrainian Claims on Black Sea, Sea of Azov and Kerch Strait
MOSCOW (Sputnik) - Russia has won the international arbitration on the rights of coastal state in the Black Sea, the Sea of Azov and the Kerch Strait, the Russian Foreign Ministry said on Monday. "Today, the Permanent Court of Arbitration in The Hague announced the final decision on the 10-year arb»»»
Foreign Ministry Strongly Condemns Arson Attack on Diplomatic Vehicles of Bulgarian Embassy in Skopje
The Ministry of Foreign Affairs strongly condemns the arson attack on diplomatic vehicles belonging to the Bulgarian Embassy in Skopje, the Ministry said in a statement published on its website on Monday. The Ministry strongly condemns this demonstrative act of aggression, which endangered the heal»»»
Supreme Court passes on hearing for 98-year-old judge - UPI.com
A judge who is turning 99 years old on Saturday is seeking to have her suspension lifted but the U.S. Supreme Court is passing on taking up her case. File Photo by Bonnie Cash/UPI. | License Photo June 15 (UPI) -- A judge who is turning 99 years old on Saturday is seeking to have her suspension lif»»»
Cars Belonging to the Bulgarian Embassy Set Ablaze in Central Skopje, Sofia Condemns “Act of Aggression” (UPDATED)
An unknown individual set fire on June 15, 2026, to two vehicles belonging to the Embassy of the Republic of Bulgaria in Skopje, in an incident that has triggered a sharp diplomatic response from Sofia and renewed concerns over security in North Macedonia. Photo: BGNES According to initial informa»»»
Peevski Reshapes DPS Leadership, Removes Key Figures After Internal Review
Delyan Peevski has carried out a major reshuffle of the Movement for Rights and Freedoms (DPS) leadership, removing several senior figures from the party’s top bodies following a meeting of the Central Council, according to an official statement. The changes affect both the Central Executive Commit»»»
Marius Borg Hoiby, son of Norway’s crown princess, found guilty, sentenced for rape - UPI.com
Marius Borg Hoiby has been found guilty of two counts of rape and other charges and sentenced to four years in prison. Hoiby is the son of Norway's Crown Princess Mette-Marit but is not a member of the royal family. File Photo by Lise Aserud/EPA June 15 (UPI) -- Marius Borg Hoiby has been found gui»»»
Saudi Arabia unveils plan for impressive new home of international tennis
RIYADH: The Qiddiya Investment Company announced on Monday plans for a 33,000-capacity National Tennis Centre — a world-class sports and entertainment landmark that will position Saudi Arabia as a future hub for international tennis, local grassroots participation and year-round community play. Loc»»»
Closing Bell: Saudi main index holds steady to close at 11,095
RIYADH: Saudi Arabia’s Tadawul All Share Index remained steady on Monday, losing just 8.56 points, or 0.08 percent, to close at 11,095.86. The total trading turnover of the benchmark index was SR6.5 billion ($1.73 billion), as 165 of the stocks advanced and 88 retreated. The Kingdom’s parallel mark»»»
UAE President discusses bilateral ties and regional developments with President Sisi
Cairo: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today met with Egyptian President His Excellency Abdel Fattah El-Sisi during a fraternal visit to the Arab Republic of Egypt. The two leaders discussed the strong relations between the UAE and Egypt and cooperation across various »»»
Akal Takht declares Punjab CM Bhagwant Mann ‘anti-Guru’, asks Sikh community to shun him
Dubai: The Akal Takht, the highest temporal authority of the Sikhs, on Monday declared Punjab Chief Minister Bhagwant Mann “anti-Guru” and “Panth Virodhi (anti-community)” and asked the Sikh community to sever all ties with him over an alleged objectionable video and a controversial law passed by t»»»
Employers’ Group Calls on Bulgaria’s Government to End Social Security Privileges in the Budget SectorOpinions
The Confederation of Employers and Industrialists in Bulgaria (KRIB) has urged Prime Minister Rumen Radev and parliamentary groups in the 52nd National Assembly to support legislative proposals requiring certain categories of public-sector employees to pay their own social security contributions. T»»»
Two men convicted of plot to torch houses linked to UK PM Starmer
LONDON: Two men were convicted Monday of a plot orchestrated by a mysterious Russian-speaking figure last year to set fire to property linked to British Prime Minister Keir Starmer. The fires in May 2025 damaged the home Starmer moved out of when he became prime minister, as well as an apartment bu»»»
Police mistakenly shoot, kill Australian child in Pakistan
Lahore, Pakistan: Police shot and killed an Australian child in eastern Pakistan, authorities said, with Canberra calling on Monday for an investigation into the incident that also wounded two of the girl's family members. Police in Pakistan's most populous eastern province, Punjab, said that offic»»»
EGX Rallies as Egyptian Investors Rebuild Positions
Domestic Buyers Lead Broad-Based Recovery Following Week of Profit-Taking Cairo — Egyptian equities staged a strong recovery on Sunday as domestic investors returned to the market following a week of profit-taking, lifting all major indices and reversing a significant portion of recent losses. The »»»
UAE to host global AI dialogue on anticipatory humanitarian action
Under the patronage of Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, the Development Affairs Office at the Presidential Court has announced the organization of a high-level dialogue session on strengthening antic»»»
Spotlight - Former Tory MP and military officer on PM Starmer's 'rope-a-dope' week
The British prime minister is once again fighting for his political survival, on the back foot after his defence secretary and armed forces minister quit the government over complaints of a lack of military spending and sufficient commitment to keep Britain safe from the spectre of Russian attack. »»»
G7 summit opens in France with Ukraine war, new US-Iran agreement on agenda
The memorandum of understanding between the United States and Iran was announced on the eve of the G7 summit in Evian-les-Bains, France, where leaders from some of the world’s wealthiest nations will begin meeting Monday. Gathered in the Alps through Wednesday, they will also discuss the war i»»»
Bulgaria Tourism Slips to EU Bottom as Minister Blames Past Policies for Visitor DeclineOpinions
Bulgaria’s tourist sector is showing mixed signals this season, with officials warning that infrastructure readiness is not translating into visitor numbers, according to Tourism Minister Ilin Dimitrov in an interview with BNT. Dimitrov said that although resorts across the country are fully prepar»»»
Minister Pulev Unveils New Measures to Back Bulgarian Manufacturers, Highlights Major Investment in ShumenOpinions
Deputy Prime Minister and Minister of Economy, Investments and Industry Alexander Pulev pledged strong government backing for Bulgarian manufacturers, announcing that all available incentive mechanisms and growth measures will be mobilized to support local industry. Speaking at the opening of new p»»»
Has China just solved AI's biggest environmental problem? The answer is 30 feet underwater
Dubai: China has become the first country in the world to operate an underwater data centre powered by offshore wind, a milestone that could reshape how the global technology industry approaches one of its most pressing problems - cooling its servers without consuming vast amounts of energy and fre»»»
Dubai Courts highlights major Civil Transactions Law reforms
Dubai: Dubai Courts has highlighted a series of key amendments introduced under the UAE's new Civil Transactions Law No. 25 of 2025, including lowering the age of majority to 18 Gregorian years and introducing new legal mechanisms aimed at enhancing contractual certainty and protecting vulnerable i»»»
Bahrain jails 12 defendants for 10 years over support for Iranian attacks
Dubai: Bahrain has sentenced 12 defendants to 10 years in prison after convicting them in a series of cases involving support for treacherous Iranian attacks against the kingdom, according to the Public Prosecution. The rulings were issued on Monday by the High Criminal Court in 11 separate cases t»»»
BR Cover Story | Tadeu Marroco, BAT: Leading the shift to smokeless
BAT is positioning itself at the forefront of innovation, sustainability, and reduced-risk alternatives. Under the leadership of Chief Executive Tadeu Marroco, the company is accelerating its transition towards a predominantly smokeless business model, driven by science-backed innovation, digital t»»»
Impact’26 in Poznan: World leaders, AI challenges, and intellectual provocation
The two-day Impact’26 event in Poznan, Poland, brought together influential voices to debate the future of business, technology, and society. The numbers speak for themselves: over 7,000 participants, 650 speakers, 25 themed tracks, 9 stages, and a total of 94 hours of panel talks. At the opening, »»»
German working-age population to shrink dramatically: study
Frankfurt, Germany: Germany's working-age population will shrink by 4.3 million by 2036 as people retire, the birth rate drops and tougher migration policies deter foreign workers, a study warned Monday. Falling numbers of workers spell yet another challenge for Europe's struggling top economy, alr»»»
Britain announces full social media ban for children younger than 16 - UPI.com
British Prime Minister Keir Starmer speaks during a televised news conference in Downing Street in London at which he unveiled plans to raise age at which children can access social media from 13 to 16, with the measure expected to become law in around 9 months. Photo by Jaimi Joy/EPA June 15 (UPI)»»»
IMF is not Egypt’s only refuge, economist assures
Egyptian economist Mohamed Fouad predicted on Sunday that Egypt’s borrowing from the International Monetary Fund (IMF) will end with the conclusion of its current economic reform program. During a virtual interview with “al-Hekaya” (the story) program on MBC Masr, Fouad noted that the government ha»»»
Iran executed 18 protesters in 2026: UN
GENEVA: Iran has executed at least 40 people, including 18 protesters, on “national security grounds” since the start of 2026, the United Nations said Monday. UN rights chief Volker Turk said he felt “deeply for the people in Iran, caught between war and cruel repression.” Since the start of the ye»»»
BCR raises RON 1 billion through a new bond issue
This is the largest corporate issuance of the year on the Bucharest Stock Exchange and the largest issuance in RON by a Romanian corporate issuer for the 2024–2026 period, with the exception of BCR’s November 2025 issuance in RON, amounting to RON 1.125 billion. “We entered the market at a time whe»»»
Former NBA All-Star Baron Davis says ‘future of Abu Dhabi is bright’ as junior league concludes in Abu Dhabi
ABU DHABI: Former NBA All-Star Baron Davis believes the future of basketball in Abu Dhabi is promising as the emirate continues to invest in youth development and grassroots participation. Speaking to Arab News during the Jr. NBA/Jr. WNBA Abu Dhabi League Finals, Davis praised the growth of the gam»»»
Blood sport at the White House for Trump's 80th birthday
Washington, United States: US President Donald Trump celebrated his 80th birthday with a brutal display of political machismo Sunday, turning White House lawn into an arena for a bloody evening of cage fights. In unprecedented scenes in the revered seat of American democracy, Trump sat with thousan»»»
How companies can strengthen their competitive edge through financing mechanisms and tax incentives – EY
In a geopolitical and economic context defined by constant pressure on liquidity and a continuous need for investment, companies in Romania are facing an increasingly complex reality. While in the past competitive advantage was supported mainly by lower costs and skilled human resources, today it d»»»
EIB governors endorse strategy to expand investment in energy, technology, and defence
The Board of Governors of the European Investment Bank (EIB), comprised of European Union Finance Ministers, endorsed the Bank’s strategy to deliver on shared policy priorities, with increased financing and risk appetite, deploying its full potential to mobilise investments for energy autonomy, tec»»»
China's ROX Motor partners with Ezz El Arab El Sewedy to build REEVs in Egypt Arab Finance For Information Technology
Arab Finance: Ezz El Arab El Sewedy Industrial Investment Group signed an agreement with China-based ROX Motor to establish ROX Egypt to commence production of ROX's range-extended electric vehicles (REEVs) at the group's manufacturing facilities, according to a statement. The partnership marks a s»»»
SK Group chief, ex-wife fail to reach agreement in court mediation for asset division - UPI.com
SK Group Chairman Chey Tae-won arrives at the Seoul High Court in southern Seoul on Monday to attend a mediation session on their asset division. Pool photo by Yonhap SK Group Chairman Chey Tae-won and his former wife, Roh Soh-yeong, failed to reach an agreement in a court mediation session for the»»»
Media Review: June 15
WORLD - US-IRAN DEAL - EU Coverage on Monday is dominated by the emerging US-Iran agreement to end four months of hostilities, with Bulgarian media focusing on the geopolitical consequences, market reaction and uncertainty surrounding the final terms. Dnevnik writes that the United States and Iran »»»
Saudi Arabia, South Korea sign MoU to boost oil and gas cooperation
RIYADH: Saudi Arabia and South Korea signed a memorandum of understanding in Riyadh to enhance cooperation in the oil and gas sector and strengthen their broader energy partnership. Energy Minister Prince Abdulaziz bin Salman met with South Korea’s Minister of Trade, Industry and Energy, Kim Jung-k»»»
IFFCO debt talks draw attention to Gulf corporate lending
Dubai: IFFCO Group, one of the Middle East’s largest consumer goods companies, has emerged as an unwelcome headache for HSBC Holdings Plc at a time when CEO Georges Elhedery is trying to make the British lender leaner, simpler and more disciplined with capital. Sign up for our daily business newsle»»»
GCC unveils one-stop platform for laws and regulations
Dubai: The Gulf Cooperation Council (GCC) has launched a unified digital platform bringing together thousands of legislative and legal documents from across the region, in a move aimed at strengthening legal cooperation and supporting greater policy alignment among member states. The platform was i»»»
Norway crown princess’s son sentenced to four years in prison for rape: court
OSLO: An Oslo court on Monday convicted Norwegian Crown Princess Mette-Marit’s son of two counts of rape, sentencing him to four years in prison in a high-profile scandal that has rocked the monarchy.Marius Borg Hoiby, 29, Mette-Marit’s son from a relationship prior to her 2001 marriage to Crown Pr»»»
On This Day, June 15: Supreme Court rules civil rights law protects LGBTQ workers - UPI.com
On June 15, 2020, the U.S. Supreme Court ruled that federal civil rights law protects LGBTQ workers from being fired based on their sexual or gender orientation. 1 of 5 | Joseph Fons waves a rainbow flag in front of the Supreme Court after the high court released a decision that bans LGBTQ employme»»»
Banking, industrial, transport and realty stocks propel QSE nearly 200 points higher
Doha, Qatar: The Qatar Stock Exchange (QSE) had a very positive trading session, with its main index rising by 197.12 points (1.92 percent) to close at 10,461 points, yesterday. The increase was largely driven by gains in banking, industrial, transportation, and real estate stocks. The index conclu»»»
Dukhan Bank announces June winners in Thara’a savings account prize draw
Doha: Dukhan Bank announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters. The draw was conducted on 8 June 2026,under the supervision of a representative of the qualitative license and market control department at »»»
UAE begins midday break policy to protect workers from heat stress
The United Arab Emirates continues its efforts to strengthen workers’ rights and provide a safe and sustainable working environment through an integrated framework of legislation and policies that place workers’ health, safety, and quality of life among its top priorities, supporting economic devel»»»
Egypt seek historic first World Cup victory against Belgium in opener
Doha, Qatar: Egypt will begin their FIFA World Cup 2026 campaign today carrying both ambition and history on their shoulders as the Pharaohs attempt to secure their first-ever victory at football's biggest tournament when they face Belgium in their Group G opener. The clash at Seattle Stadium is ex»»»
Abdelkarim set to make debut at World Cup after shining at Qatar 2025
Doha, Qatar: Following a breakout performance at the FIFA U-17 World Cup Qatar 2025, 18-year-old Egyptian forward Hamza Abdelkarim is set to make his debut at the FIFA World Cup 2026. Taking place from June 11 to July 19 across the USA, Canada and Mexico, the 2026 edition marks the historic partici»»»
EU aviation blacklist removal: Kyrgyzstan plans to resume flights to Germany - | 24.KG
Following Kyrgyzstan’s removal from the European Union aviation blacklist, the country has intensified negotiations on launching flights to Europe. The Director of the State Civil Aviation Agency, Daniyar Bostonov, said on Birinchi Radio. According to him, discussions are currently underway with Ge»»»