The annual inflation rose to 10.71% in April, from 9.87% in March, as services became 13.04% more expensive, non-food goods 12.02% and food products 7.39%, according to the National Institute of Statistics (INS) data published on Wednesday."The consumer price index in April 2026 compared with March»»»

Romania will benefit from an allocation of more than 596 million euros through the new funding period of the EEA and Norway Grants, following the signing of memorandums of understanding with Norway, Iceland and Liechtenstein. The funds will support programmes in areas such as the green transition, »»»

Following the signing of the relevant memoranda of understanding, Romania's cultural sector will receive more than ?47 million through the new EEA and Norway Grants 2021 - 2028, the Ministry of Culture announced on Wednesday."Thanks to the efforts of the Project Management Unit (UMP) team, the Cult»»»

PSD president Sorin Grindeanu declared on Wednesday, after the National Political Bureau meeting, that the party will go to the Cotroceni consultations with a fairly broad mandate. The social democrats want to form a clear majority and exclude both an alliance with AUR and supporting a new mandate »»»

Black Sea Defense and Aerospace (BSDA), the leading event in the Black Sea region dedicated to the defence and security industry, kicks off on Wednesday in Bucharest at the Romaero Baneasa platform.According to a press release, the 10th edition, marking 20 years since its launch, is also the larges»»»

The acquisitions of the Romanian armed forces are not limited to the SAFE Security Action for Europe - SAFE programme, because the army is modernising under several programmes, through constant investments and through long-term strategic decisions, said on Wednesday acting Defence Minister Radu Mir»»»

President Nicusor Dan declared on Wednesday that a "significant" American military presence in Europe is in the interest of European states. He stressed that many countries want American troops on their territory, but there will be no "non-principle" negotiations between the allies on this subject.»»»

The purpose of the Bucharest 9 (B9) Format meeting is to bring together and align the region's vision regarding the future of the North Atlantic Alliance, President Nicusor Dan said on Wednesday at the opening of the summit taking place at Cotroceni Presidential Palace.The head of state is chairing»»»

Republic of Poland President Karol Nawrocki pleaded at the Bucharest 9 (B9) Summit on Wednesday for a strong allied presence in Europe as well as for "credible" investment in defence.He warmly welcomed the Nordic partners to the summit, mentioning that their engagement "fundamentally" strengthens t»»»

Polish President Karol Nawrocki said that cooperation within the B9 Format continues and is even stronger, adding that the participating states support expanding it to also include the Nordic countries - Sweden, Norway, Finland and Iceland - as well as Denmark.Nawrocki made the remarks at the end o»»»

The President of Ukraine, Volodymyr Zelensky, stated on Wednesday that the Romania - Ukraine agreement on defense against drones will be ready "shortly"."We will help from our side, for example today we signed an agreement with the President of Lithuania, an agreement on drones, we did this in the »»»

The North Atlantic Treaty Organization is and will always be a strong alliance and we need a stronger Europe in a stronger NATO, the Alliance's Secretary General Mark Rutte said on Wednesday during a joint press conference with Romanian President Nicusor Dan and Polish President Karol Nawrocki at t»»»

The leaders of the Bucharest Nine (B9) and the Nordic Allies support a just and lasting peace in Ukraine, in accordance with international law and underpinned by robust and credible security guarantees, according to a joint statement signed by the leaders who attended the summit at the Cotroceni Pr»»»

PPC Energie adds to its portfolio energy storage systems compatible with hybrid inverters, available from 299 lei/month PPC Solar Upgrade, available from 599 lei/month, is a new solution dedicated to customers with a non-hybrid system, who want to modify their installation to be able to use storage»»»

The share of data centres in Romania's national energy consumption is approximately 0.2%, while in the Netherlands it exceeds 6% and in Denmark 5%, according to data presented on Thursday by Mihai Manole, managing partner of Tema Energy, during the DataCenter Forum 2026 event.'With solid wind and s»»»

The fall of the Bolojan Government is already producing rapid effects on the Romanian energy market by increasing economic uncertainty, says Chairman of the Smart Energy Association (AEI) Dumitru Chisalita in an analysis published on Thursday.According to the specialist, the impact of this change w»»»

Over the past years, Romania has sped up the development of renewables and prosumers without the National Energy Grid (SEN) being structurally prepared for this transformation, according to Chairman of the Smart Energy Association (AEI) Dumitru Chisalita."Romania is entering a decisive stage for it»»»

KMG International, through its member companies Rompetrol Financial Group, Rompetrol Downstream and KMG Rompetrol Development, announced a new investment co-financed by the European Union to develop a national network of electric charging stations for light and heavy-duty vehicles across 26 locatio»»»

E.ON announced that it has signed an agreement to acquire British energy supplier OVO, further strengthening its position in one of Europe’s largest energy markets. E.ON already supplies energy to approximately 5.6 million customers in the United Kingdom. Through the acquisition of OVO, around 4 mi»»»

Doha, Qatar: Qatar swimmers enjoyed another golden day at the Hamad Aquatic Centre, clinching five more gold medals with record-breaking performances as hosts Qatar leapt to the top of the 4th GCC Games Doha 2026 standings. Qatar’s 3×3 men’s basketball, showjumping and fencing teams added three mor»»»

Britain's economy expanded unexpectedly in March to cap another strong first quarter, suggesting the economy was in slightly better shape as the Iran war escalated than many feared, official data showed on Thursday. Gross domestic product increased by 0.3% month-on-month in March, the Office for Na»»»

Lebanon and Israel are to hold new peace talks in Washington starting Thursday, as their latest ceasefire -- considered to still be in place despite hundreds of deaths in Israeli strikes -- nears its end. The two countries last met on April 23 at the White House, where US President Donald Trump ann»»»

Romania currently occupies the bottom tier of the European Union’s digital transformation, with only 5.2% of enterprises utilising artificial intelligence technologies as of 2025. While the broader European market has reached a 54% business adoption rate in 2026, local firms struggle to move past t»»»

ING Bank Romania has launched a range of online services for businesses, designed to make banking more accessible. Even loan applications can be completed entirely online, removing the need for branch visits, and users are able to view personalised offers in real time, including borrowing capacity »»»

Libya’s Tripoli based Ministry of Labour and Rehabilitation published statistics yesterday for the number of jobseekers across Libya. It said it hoped these figures will help better understand the needs of the labour market. The Ministry stressed that these figures represent those registered with t»»»

A US judge on Wednesday imposed a temporary injunction on sanctions imposed last year by Washington on a United Nations expert on the occupied Palestinian territories. UN Human Rights Council Special Rapporteur Francesca Albanese was sanctioned in July 2025 after she publicly criticized Washington'»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Iran’s Araghchi at BRICS Foreign Ministers’ summit: The battle in which Iran has stood firm is a defense of all members and of a new world »»»

The European Investment Bank (EIB) will advise Antibiotice, one of Romania’s largest pharmaceutical companies, on strengthening its corporate governance framework in order to support the company’s future growth. Under a new advisory services agreement, the EIB will work with Antibiotice to align it»»»

Masdar City has announced that its M19 A&B Office Buildings have become the first commercial office development in the UAE to achieve a 5 Pearl Estidama rating. The announcement was made at the conclusion of the Abu Dhabi Infrastructure Summit, marking a major milestone in sustainable urban develop»»»

Dubai: Dubai’s residential property market recorded Dh139.1 billion in sales during the first quarter of 2026, with off-plan homes continuing to drive buyer activity even as rent and price growth began to show signs of cooling. Sign up for our daily business newsletter, Cheques & Balances.New resea»»»

Bulgaria has sufficient fuel reserves and faces no immediate threat of shortages despite tensions around the Strait of Hormuz, according to Rumen Spetsov, special manager of Lukoil in Bulgaria. Speaking to “24 Chasa,” he said the country’s oil supply chain is not directly tied to the Gulf chokepoin»»»

Georgia Gov. Brian Kemp on Wednesday issued a proclamation convening the state's General Assembly for a special session on June 17 to consider revising the state's congressional map. File Photo by Chris Kleponis/UPI | License Photo May 14 (UPI) -- Gov. Brian Kemp has called for a special session of»»»

On May 14, 2000, hundreds of thousands of mothers and other gun-control advocates took part in the "Million Mom March" in Washington and several other cities, demanding "sensible" gun laws. 1 of 6 | Marchers in the Million Mom March start out walking down the National Mall with the Washington Monum»»»

BEIJING/SINGAPORE: Oil prices rose on Thursday, with markets focusing on the high-stakes meeting between US ‌President Donald Trump and Chinese President Xi Jinping to see if it will yield any positive result on the Iran war, which has significantly disrupted global oil supply. Aside from trade mat»»»

Doha, Qatar: The Ministry of Commerce and Industry (MoCI) participated in the Geoeconomic Summit 2026, held yesterday, in Tokyo, Japan, with the participation of a distinguished group of international officials and experts specializing in international economics and geoeconomics. The Ministry was r»»»

Doha, Qatar: The National Planning Council released the results of Qatar’s Foreign Direct Investment (FDI) Survey for 2025, conducted in collaboration with the Qatar Central Bank. The results present preliminary estimates of FDI positions for the period from January to December 2025. The survey sco»»»

A tourist who drew widespread condemnation in Hawaii after a witness recorded him chucking a coconut-sized rock at “Lani,” a beloved, endangered Hawaiian monk seal off a Maui beach, was arrested Wednesday by federal agents. Igor Mykhaylovych Lytvynchuk, 38, of Covington, Washington, is charged with»»»

JEDDAH: Timo Gloeckner says he knew early on that he wanted to turn cooking into his career. Growing up in Germany, “food was always an important part of my family life,” he tells Arab News. “Some of my earliest memories are of being in the kitchen, watching and helping my grandmother. What started»»»

MANILA: ​The Philippine Senate will convene ‌as ‌an ​impeachment ‌court ⁠on ​May ⁠18 for ⁠the ‌trial ‌of ​Vice President ‌Sara Duterte, ‌its president ‌Alan Peter Cayetano ⁠said on ⁠Thursday. Duterte was accused in an impeachment complaint of misusing public funds, accumulating unexplained wealth a»»»

President of Turkey Recep Tayyip Erdoğan has arrived in Kazakhstan on a state visit. He and his spouse were personally welcomed at the airport by President of Kazakhstan Kassym-Jomart Tokayev. Photo Akorda From the moment the Turkish leader’s plane crossed the state border until its landing in Asta»»»

The summit between US President Donald Trump and Chinese President Xi Jinping comes at a consequential moment in the international order, where strategic competition is increasingly entangled with the need for cooperation, and where Washington and Beijing face overlapping challenges. It also comes »»»

The Ajman Government Human Resources Department has announced the official holiday schedule for Arafat Day and Eid Al Adha for government entities in the emirate. According to the department, the holiday will begin on Monday, May 25, and continue until Friday, May 29, 2026. Government employees are»»»

Doha, Qatar: QIIB has announced the winner of the monthly prize for April 2026 for the ‘Joud’ savings account, valued at QR100,000. QIIB’s Head of Products, Talal al-Jaidah, presented the winner, Amer Ali al-Hebshi, with a cheque representing the prize amount during a ceremony held at the bank’s he»»»

Fitch Ratings has raised its 2026 and 2027 oil price assumptions on the basis of a longer-than-expected effective closure of the Strait of Hormuz, with the agency now assuming the waterway will begin reopening around July, Fitch Ratings said on May 11. »»»

Fitch Ratings has raised its 2026 and 2027 oil price assumptions on the basis of a longer-than-expected effective closure of the Strait of Hormuz, with the agency now assuming the waterway will begin reopening around July, Fitch Ratings said on May 11. »»»

Fitch Ratings has raised its 2026 and 2027 oil price assumptions on the basis of a longer-than-expected effective closure of the Strait of Hormuz, with the agency now assuming the waterway will begin reopening around July, Fitch Ratings said on May 11. »»»

Fitch Ratings has raised its 2026 and 2027 oil price assumptions on the basis of a longer-than-expected effective closure of the Strait of Hormuz, with the agency now assuming the waterway will begin reopening around July, Fitch Ratings said on May 11. »»»

Fitch Ratings has raised its 2026 and 2027 oil price assumptions on the basis of a longer-than-expected effective closure of the Strait of Hormuz, with the agency now assuming the waterway will begin reopening around July, Fitch Ratings said on May 11. »»»

Fitch Ratings has raised its 2026 and 2027 oil price assumptions on the basis of a longer-than-expected effective closure of the Strait of Hormuz, with the agency now assuming the waterway will begin reopening around July, Fitch Ratings said on May 11. »»»

Fitch Ratings has raised its 2026 and 2027 oil price assumptions on the basis of a longer-than-expected effective closure of the Strait of Hormuz, with the agency now assuming the waterway will begin reopening around July, Fitch Ratings said on May 11. »»»