A true crisis in the country's budget happened in 1997, whereas the current situation is entirely manageable, and claims about the poor state of public finances are being used to justify taking on large debts without any real justification, Martin Dimitrov, MP of Democratic Bulgaria, told journalis»»»

Arab Finance: Kuwait-based Urbnlanes Development is seeking to acquire a 430-feddan land plot in Ras El Hekma on Egypt's North Coast for EGP 7 billion ($135 million), Asharq Business reported, citing two informed sources. The developer intends to develop a tourism project on the land plot, includin»»»

TBILISI - On the second day of his official visit to Georgia, Serbian President Aleksandar Vucic met with Parliament Speaker Shalva Papuashvili to discuss further advancement of Serbia-Georgia relations through strengthening of parliamentary cooperation and more frequent exchanges at all levels, an»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Trump: War in Lebanon “Minor Conflict”, Iran Deal Going to “Second Stage” 16-06-2026 14:58 PM US President Donald Trump during a joint sess»»»

ISLAMABAD: Pakistan has played a key role in efforts to halt war between Iran and the United States, with Prime Minister Shehbaz Sharif announcing a deal and “immediate and permanent” end to military operations this week. Pakistan signaled it will continue to lay the groundwork for further talks, w»»»

MANILA: German President Frank-Walter Steinmeier said in the Philippines on Tuesday that Europe is worried over tensions in the disputed South China Sea where a major flare-out could endanger freedom of navigation as has happened in the Strait of Hormuz. In a joint appearance with Philippine Presid»»»

COPENHAGEN: The vast majority of Europe’s beaches offer “excellent” water quality for swimming, the EU environment agency said on Tuesday ahead of the summer season, with coastal nations and inland Austria topping the list. “This summer we can all reap the benefits of solid implementation of EU bat»»»

JEDDAH: At the beginning of the new Hijri year, the Holy Kaaba was covered with its new kiswa, reflecting Saudi Arabia’s care for the holiest site in Islam and its expertise in producing Islamic craftsmanship. The replacement of the kiswa is one of the key rituals at the Grand Mosque and marks the »»»

It is scandalous for the Parliamentary Budget and Finance Committee amend the budget extension law by raising the ceiling for new government debt by up to EUR 3.8 billion without receiving calculations from the Ministry of Finance that indicate how much new debt is actually needed, Assen Vassilev o»»»

PARIS: News consumers around the world are now turning more to social media and video platforms than traditional outlets for information, a respected report said Tuesday, warning that old-style business models are under threat. The year 2026 marks “a significant milestone: for the first time, socia»»»

Law enforcement officers detained a Bishkek resident suspected of distributing pornographic materials online. According to the Ministry of Internal Affairs, they received information that activities related to the distribution of prohibited online content were taking place in a building in the capi»»»

Dubai: The UAE distributed more than Dh46 billion in Value Added Tax and Excise Tax revenues to federal and local governments by the end of 2025, marking a 15% increase from the previous year, the Ministry of Finance said on Tuesday. Get updated faster and for FREE: Download the Gulf News app now -»»»

Qatar announced on Monday that it played a pivotal role in bridging “gaps in viewpoints” between Tehran and Washington, helping finalize a landmark settlement that Doha describes as the first step toward a broader regional consensus guaranteeing long-term stability. Speaking to reporters, Qatari Fo»»»

U.S. Vice President JD Vance said Monday that as part of an agreement due to be formally signed this week, International Atomic Energy Agency inspectors would be allowed into Iran to oversee the dismantling of its nuclear program. File Photo by Aaron Schwartz/UPI | License Photo June 16 (UPI) -- U.»»»

A Hague-based arbitration tribunal has rejected Ukrainian maritime claims against Russia, including attempts to challenge Moscow’s sovereignty over Crimea and surrounding waters. Ukraine launched the case in 2016 before the Permanent Court of Arbitration under the UN Convention on the Law of the Se»»»

The UK’s move to ban social media for under-16s is a ruse to implement digital surveillance of all internet users, X owner Elon Musk has declared, accusing the British government of building a “police state.” British Prime Minister Keir Starmer announced the ban on Monday, promising that the measur»»»

A traveling exhibition «Museum of the Founding Fathers of the USA» has been opened at the National History Museum in Bishkek. The exhibition is dedicated to the history of the formation of the United States. The exposition was organized jointly with the Ministry of Culture, Information and Youth Po»»»

Chairman of the Cabinet of Ministers of the Kyrgyz Republic, Adylbek Kasymaliev, has arrived in Uzbekistan on a working visit to participate in the 5th Tashkent International Investment Forum. The plane carrying the head of the Cabinet landed at Humo International Airport, where he was welcomed by »»»

Los Angeles, United States: Eight people died when a US B-52 bomber crashed and erupted into a catastrophic fire shortly after takeoff at an air force base in California on Monday, officials said. The heavy bomber was on a routine testing mission with a mixture of military, government and civilian »»»

RIYADH: Gold is becoming an increasingly deliberate component of central bank reserve strategies as geopolitical tensions, concerns over the concentration of assets in the US dollar, and questions surrounding the resilience of traditional holdings reshape official-sector thinking, analysts told Ara»»»

The parliamentary Budget and Finance Committee Tuesday approved on second reading a raise of the new debt ceiling to EUR 3.8 billion through amendments to the so-called budget extension law (formally the Act on the Collection of Revenues and the Commitment of Expenditures in 2026 until the Passage »»»

Sydney: The US military is planning a permanent war-ready weapons stockpile for its Marine Corps on Australia's southeast coast beyond the range of most Chinese missiles, tender documents show and officials confirmed to AFP. The development of the stockpile, a first for the Marine Corps in Australi»»»

London: Serena Williams will play at Wimbledon for the first time since 2022 after the American legend was given a wildcard to play the doubles event with her sister Venus on Tuesday. Williams made a sensational return to tennis last week when she won her first-round doubles match at Queen's Club w»»»

Doha, Qatar: Chief Executive Officer of the Qatar Media Corporation (QMC) HE Sheikh Khalid bin Abdulaziz bin Jassim Al-Thani met today with HE Dr. Abdulrahman bin Abdulaziz Al-Hazzaa, Director General of the Gulf Radio and Television Organisation of the Cooperation Council for the Arab States of th»»»

Dubai: For UAE restaurants, hotels and sports lounges, the FIFA World Cup is usually a major opportunity to boost footfall, food and beverage sales, and customer engagement. But this year, operators are facing a different set of challenges — from matches running as late as 5 am (UAE time) to the pr»»»

Trus Holding Group, a dynamic and rapidly growing multinational conglomerate, has inaugurated its new corporate office at Garhoud Business Center in Dubai. The state-of-the-art facility marks a significant milestone in the Group's expansion journey, coinciding with its 20th anniversary celebrations»»»