Europe's €24bn energy shock: What the EU's emergency plan means for you
Dubai: The European Commission has launched a sweeping energy emergency package after the conflict in the Middle East pushed the bloc's fuel import costs up by €24 billion — without delivering a single additional unit of energy. The European Commission on Wednesday unveiled a broad package of emerg»»»
UAE’s real estate market thrives in Q1 despite Iran conflict
RIYADH: The UAE’s real estate sector remained resilient in the first quarter of 2026 despite conflict in the Middle East, while office markets in Dubai and Abu Dhabi remained tight due to limited new supply, according to CBRE. In its latest report, the real estate consultancy said that average offi»»»
Sofia Mayor Urges State to Act Beyond Party Interests After Elections
Sofia Mayor Vassil Terziev Wednesday urged the State to act beyond party interests after the April 19 snap parliamentary elections. "My task is to protect the interests of all Sofia residents - regardless of their political choice. And I expect the same from the state - an attitude driven not by pa»»»
More expensive flights ahead as Philippine fuel surcharge jumps levels
Dubai: Airfares have been expected to rise again, with authorities increasing fuel surcharges to near-maximum levels. The Philippine Civil Aeronautics Board (CAB) has raised the passenger and cargo fuel surcharge to level 19 for the second half of April. In an advisory released today, the CAB has n»»»
Thousands of London commuters walk to work in underground strike
London: Workers streamed into the British capital by foot, bike and bus Wednesday, April 22, 2026, as strike action on the London Underground train network disrupted services. Members of the Rail, Maritime and Transport union (RMT) walked out from 12:00pm (1100GMT) on Tuesday for 24 hours over plan»»»
Mesarovic, Guangzhou mayor discuss potential investments in Serbia
GUANGZHOU - Serbian Deputy PM and Minister of Economy Adrijana Mesarovic, who is on a visit to Guangzhou, China, met with the city's mayor Sun Zhiyang on Wednesday to discuss opportunities for investments in Serbia by Guangzhou-based companies. "This city is famous for research and development cent»»»
Israeli FM: Hezbollah Sole Remaining Obstacle to Normalization with Lebanon
Israeli Foreign Minister Gideon Sa’ar on Wednesday described Hezbollah as the sole remaining obstacle to “peace” and normalization with Lebanon, calling on the Lebanese Government to cooperate in disarming the Lebanese resistance group. In remarks cited by Israeli media, Gideon Sa’ar said the Zioni»»»
PIF backs State Street’s new Saudi equity ETF in latest global market push
RIYADH: Saudi Arabia’s Public Investment Fund has become an anchor investor in a newly launched exchange-traded fund by State Street Investment Management, one of the world’s largest asset managers. The newly launched ETF, State Street Saudi Arabia Enhanced Active Equity UCITS ETF, or SAQL, activel»»»
Norway’s government takes over planning for Europe’s largest rare earth deposit
OSLO: Norway will take over planning for the Fen rare earth deposit — Europe’s largest — to speed up development after a resource upgrade nearly doubled its estimated size, the government said on Wednesday. Fen was estimated last month to hold 15.9 million metric tons of rare earth oxide in indica»»»
Makkah Route expands in Indonesia as first Hajj flights take off
JAKARTA: Indonesia started its Hajj flights on Wednesday with expanded access to the Makkah Route, as Saudi authorities added a new major Indonesian airport to the flagship initiative that streamlines immigration procedures for pilgrims. Indonesia, the world’s biggest Muslim-majority country, will »»»
MOI adds ‘Other Vehicle Violations’ option to Metrash app
Doha, Qatar: The Ministry of Interior, MOI, announced the addition of a new feature on Metrash App that allows users to pay for family and friends’ traffic violations. The ministry in a social media post stated that to access this feature, users should log into the Metrash app, navigate to “Traffic»»»
Chief of Staff: Israel Ready ‘to Return Immediately and Forcefully’ to Fighting on All Fronts
Israeli Chief of Staff Lt. Gen. Eyal Zamir said Wednesday that the military remained on high alert and was ready to return to fighting on all fronts, amid the fragile truces in Iran and Lebanon. “Since the inferno of October 7, we have been working to reestablish our military strength through conti»»»
Russia is back in international sports with flag and anthem (VIDEO)
A Russian national team has appeared at a major team sport event under the national flag and anthem for the first time since 2022. The women’s water polo team became the first Russian squad to participate in a competition in a full-fledged status after the World Aquatics lifted all the restrictions»»»
UAE President, Moroccan King hold phone talks on Middle East developments
Abu Dhabi: President of the United Arab Emirates (UAE) HH Sheikh Mohamed bin Zayed Al Nahyan discussed in a phone call on Wednesday, April 22, 2026, with King Mohammed VI of the Kingdom of Morocco the developments taking place in the Middle East and their serious implications for regional and inter»»»
OneClickDrive expands car rental marketplace across Morocco, including Marrakech
OneClickDrive, the mobility marketplace that has established a strong presence across the UAE and wider Middle East, has extended its platform to Morocco, offering travelers, residents, and tourists a structured way to compare and book vehicles across the country's major cities. The platform is now»»»
China Has Developed Into Indispensable Nation for Green Transition in World
In an era marked by ecological challenges, development dilemmas and geopolitical dynamics are increasingly intertwined. Through a series of innovative practices, Chinese modernization offers a "green solution" to some of humanity's pressing questions of survival and development. Rooted in the wisdo»»»
Defeat to Barcelona ends Red Star's EuroLeague campaign
BARCELONA - Red Star Belgrade have failed to qualify for the final of the basketball EuroLeague play-in by losing 80-72 (29-21, 18-12, 16-18, 17-21) to Barcelona on the road on Tuesday evening. The defeat ended Red Star's campaign in European basketball's top-tier competition this season. Codi Mill»»»
IMF mission to begin official visit to Serbia Thursday
BELGRADE - An International Monetary Fund (IMF) mission will begin an official visit to Belgrade on Thursday, with the opening meeting to be held at the National Bank of Serbia (NBS). A plenary meeting of the IMF mission and a Serbian delegation at the NBS is scheduled for 10 am, the central bank h»»»
Iran Detains Two Unauthorized Vessels Trying to Transit Strait of Hormuz
TEHRAN (Sputnik) - Iran's military has detained two unauthorized vessels that tried to pass through the Strait of Hormuz, the naval forces of the Iranian Islamic Revolutionary Guard Corps (IRGC) said on Wednesday. "The IRGC naval forces detained and escorted to the coast of Iran two violating vesse»»»
Homestay horror: US tourist alleges spiked drink, rape, WiFi cut off
Dubai A woman tourist from the United States has alleged that she was sexually assaulted at a homestay in Karnataka’s Kodagu district, with police arresting two men, including the property owner and a staff member, following a complaint, according to multiple media reports. The incident took place »»»
Planning child travel? Philippines names pages to avoid fake travel clearance services
Dubai: Parents planning to send children to travel have been advised to avoid relying on unverified social media services, as Philippine authorities have officially named Facebook pages offering fake travel clearance assistance. The Philippine Department of Social Welfare and Development (DSWD), th»»»
Vista Bank makes debut on Bucharest Stock Exchange with bond issue worth EUR 17 million
The bonds listed today are part of a broader Medium‑Term Notes (MTN) Programme, under which the Bank may issue bonds in several tranches. The maximum nominal value of all tranches under the programme amounts to EUR 100 million. Key features of the bond issue VISTA36E: “We welcome Vista Bank to the »»»
ING Bank launches 3-year fixed-rate mortgage, with promotional interest rate starting at 4.79%
Customers can apply for the offer 100% online via Home’Bank and benefit from a transparent discount structure that helps them customize their interest rate. With these offers, ING Bank Romania ranks among the top three most competitive mortgage solutions on the local market, according to an analysi»»»
China denies US-detained ship in Middle East contained ‘gift’ for Iran
BEIJING: China on Wednesday denied again that a ship intercepted by the United States contained a “gift” from Beijing for Iran, a day after US President Donald Trump made the accusation. Trump had said that an Iranian-flagged ship seized by US forces in the Gulf of Oman on Sunday contained “a gift »»»
Dubai Basketball clinch top-seed position with dominant win in Sarajevo
DUBAI: Dubai Basketball secured first place in the ABA League Top 8 stage with a commanding 92-64 victory over Bosna BH Telecom in Sarajevo on Tuesday, locking in pole position ahead of the 2026 playoffs. The result ensures Dubai will carry home-court advantage into the quarterfinals in May, with t»»»
Riyadh and Beirut coordinate to extend truce ahead of Washington talks
Coordination is ongoing between Riyadh and the Lebanese state to extend the 10-day truce and ensure the success of direct negotiations between Beirut and Tel Aviv, informed Gulf sources told Nidaa al-Watan newspaper. Lebanese President's Advisor Andre Rahal had visited Saudi Arabia in the past hour»»»
Romanian companies expect stable hiring levels but shift in skill requirements as a result of AI integration
The implementation of artificial intelligence solutions in companies is still in its infancy, as 47.4% of employers participating in the most recent survey by eJobs Romania stated they use such solutions sporadically. This usage is often individual, at the employees’ initiative, rather than a resul»»»
Old Doha Port marks Earth Day with continued focus on marine protection and sustainable operations
Doha, Qatar: In recognition of Earth Day, Old Doha Port is showcasing its sustainability work across marine protection, waste management, and seabed conservation. The destination’s environmental initiatives reflect its responsibility to protect the marine environment that supports its operations, h»»»
Vasile Țiple, TechAngels: Defence tech becoming key investment vertical
Vasile Țiple, Board Member of TechAngels and Defence Angels European Network (DAEN), talked to BR about Romanian investors’ strategic transition into the pan-European defence sector. He mentioned that AI-driven technologies are redefining security resilience and highlighted the critical importance »»»
Timișoreana celebrates its 20th anniversary alongside the Romanian Football Cup
Over the past 20 years, the Romanian Cup has offered Romanians some of the most intense and memorable moments in local soccer: spectacular comebacks, dramatic finals, first-time trophy wins, and editions that have gone down in history for the intensity with which they were played. From the remarkab»»»
Everything you need to know about the NBE’s 2026 Platinum triple savings certificate
The National Bank of Egypt (NBE) announced a new adjustment to interest rates on its three-year Platinum Certificate – one of the most prominent savings instruments in Egypt. This move reflects the banking sector’s efforts to keep pace with economic changes. The new rate adjustment offers customers»»»
Will Iran war reshape global trade more than COVID?
TradeGlobal issuesWill Iran war reshape global trade more than COVID?Nik MartinAs the Iran war simmers, trade experts wonder if this conflict will reshape supply chains more than the pandemic. Companies are already rethinking strategies to future-proof revenues from other geopolitical risks. https:»»»
Morocco’s Inflation Rises to 0.9% in March
Morocco's annual inflation, measured by the consumer price index, rose to 0.9% in March from -0.6% a month earlier, the statistics agency said on Wednesday. Food prices, the main driver of inflation, rose 0.6% from a year earlier, while non-food inflation increased 1.1%. Core inflation, which »»»
PIF Anchors State Street’s Newly Launched Saudi Equity ETF
The Saudi Public Investment Fund (PIF) and State Street Investment Management (State Street IM), one of the world’s largest asset managers, launched on Thursday the State Street Saudi Arabia Enhanced Active Equity (SAQL) with PIF as anchor investor. The fund actively invests in equities of companie»»»
NATO ‘Will Always Defend’ Türkiye, Says Rutte
NATO chief Mark Rutte said on Wednesday the alliance would do "what's necessary to defend" its members including Türkiye after intercepting four missiles fired from Iran and head into Turkish air space over the past weeks. A member of the US-led defense alliance, Türkiye, which borders Iran, has be»»»
Report Says US Blocked $500M Cash Shipment to Iraq Over Pro-Iran Attacks
The United States blocked a plane carrying nearly $500 million in banknotes from delivering the cash to Iraq, US media reported on Tuesday, piling pressure on Baghdad to fight Iran-backed armed factions. The Wall Street Journal reported that Washington has suspended cash shipments to Iraq and froze»»»
US‑Iran ceasefire nears expiry as Islamabad talks cast into doubt
US President Donald Trump has extended the ceasefire with Iran. The move happened just hours before the fragile two-week truce had been set to expire on Wednesday. However, he has vowed to maintain the naval blockade, touting it as leverage to force Tehran to make a deal. “I have directed our Milit»»»
USFK commander says THAAD remains in Korea, 'munitions' await move - UPI.com
The United States has not moved its THAAD missile defense system to the Middle East, USFK Commander Gen. Xavier Brunson said Tuesday. In this March photo, Brunson speaks to reporters during a combined military exercise in Yeoncheon. File Photo by Yonhap The United States has not moved its THAAD mis»»»
Childbirths grow at record high pace in Feb.: data - UPI.com
The number of babies born in South Korea rose at a record high pace in February of this year, government data showed Wednesday. In this photo, taken Wednesday, a nurse looks after newborns at a hospital in Goyang. Photo by Yonhap The number of babies born rose at a record high pace in February of t»»»
Saudi cabinet backs PIF strategy, approves tax pact and cross-border deals
RIYADH: Saudi Arabia’s cabinet backed the Public Investment Fund’s 2026–2030 strategy and approved a tax pact and cross-border deals, as non-oil exports rose 15 percent and digital readiness ranked first globally. The cabinet, chaired by Crown Prince Mohammed bin Salman in Jeddah on April 21 on beh»»»
InRento enters Romania with a new financing solution for real estate project owners
InRento is a pan-European investment platform launched in 2020 in Lithuania, to provide financing for real estate developers who need speed, simplicity, and certainty. The FinTech company has already financed more than €90 million in investments and has returned over €28 million to more than 4.400 »»»
GERB: Sarafov's Resignation Is Dignified But Belated
The resignation of Borislav Sarafov is a dignified but belated personal act, according to a statement by GERB published on Facebook. The party said that institutions have always been their top priority. “The most important thing now is for the new National Assembly to begin work immediately so that»»»
Pakistan's capital holds its breath with US-Iran talks in limbo
Islamabad, Pakistan: Pakistan's capital was still locked in gear on Wednesday to host high-stakes US-Iran talks that were pushed back at the last minute overnight, but many residents began to tire of the heavy personal and economic toll of tight security restrictions. Markets were quiet, government»»»
Governor of Qatar Central Bank meets German Ambassador
Doha, Qatar: Governor of Qatar Central Bank HE Sheikh Bandar bin Mohammed bin Saoud Al Thani met today, April 22, 2026, with HE Oliver Owcza, Ambassador of the Federal Republic of Germany to the State of Qatar. During the meeting, they discussed key areas of bilateral cooperation between the two co»»»
Sakib Hussain: IPL quick whose mum sold her jewellery to fund cricket dream
New Delhi: Sakib Hussain's father is a labourer from India's poorest state and his mother sold her jewellery to buy him bowling boots. Their sacrifices -- and his tears -- paid off after the 21-year-old fast bowler made an instant impact in the Indian Premier League. He claimed 4-24 for Sunrisers H»»»
Lufthansa cuts 20,000 summer flights to save jet fuel costs – What's next for European airlines
Dubai: Lufthansa Group has slashed 20,000 flights from its summer schedule in a bid to cut jet fuel costs as the Iran conflict pushes jet fuel prices sharply higher, the airline announced late Tuesday. The move by the German aviation giant is now setting the tone for what could be a turbulent seaso»»»
North Korean hackers tied to $290M crypto heist, firm says - UPI.com
North Korean-linked hackers were likely behind the theft of hundreds of millions of dollars in cryptocurrency over the weekend, a blockchain technology firm said. File Photo by Stephen Shaver/UPI | License Photo SEOUL, April 22 (UPI) -- North Korean-linked hackers were likely behind the theft of hu»»»
Media Review: April 22
The topic of how the new parliament will look like after the elections dominates Wednesday’s news media. POLITICS 24 Chasa’s front-page article presents the governance programme of Rumen Radev’s Progressive Bulgaria, which won the April 19 elections under the headline, “Life according to Radev: Sta»»»
Saudi Arabia ramps up preparations as Hajj pilgrims begin arriving
Saudi Arabia has stepped up preparations for the 2026 Hajj season, with Crown Prince Mohammed bin Salman directing authorities to deploy all capabilities to ensure a safe and smooth pilgrimage as arrivals begin from around the world. Speaking on behalf of King Salman bin Abdulaziz, the Custodian of»»»