MFZ presents initial "Oil and Petrochemical Tank Terminal" investment project concept
Misrata Free Zone (MFZ) has presented an initial concept for the “Oil and Petrochemical Tank Terminal” project. This project, it says, is one of the most prominent strategic investment initiatives that will enhance the region’s attractiveness to both local and foreign capital. It will solidify MFZ’»»»
Seoul shares rise nearly 3 pct, approaching 6,000 level on eased Middle East tensions - UPI.com
South Korean stocks rose nearly 3 percent Tuesday to inch toward the 6,000-point mark on hopes for renewed negotiations between Washington and Tehran. The local currency sharply gained against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) added 159.13 points, or 2.74 perc»»»
Saudi Arabia Boosts Water Efficiency with Over $26.7 Billion in Investments Since 2018
Saudi Arabia has invested about SAR100 billion ($26.7 billion) in its water sector since 2018, as part of its National Water Strategy to improve efficiency and sustainability while expanding private sector participation in line with Vision 2030. Deputy Minister for Water at the Ministry of Environm»»»
Report: US, Iranian Teams Could Return to Islamabad for Peace Talks This Week
Negotiating teams from the US and Iran could return to Islamabad later this week, five sources said on Tuesday, days after the highest-level talks between the two countries in decades ended without a breakthrough. A source involved in the talks said a date was not yet decided, but both countries co»»»
NOC to Libya Herald: Resumption of gas tanker arrivals at Marsa al-Brega port boosts supplies and reduces costs
Khaled Ghulam, Director of the Media Office at the National Oil Corporation (NOC), told yesterday that the resumption of LPG tanker arrivals at the Marsa al-Brega port, after a hiatus since 2017, represents a significant strategic step towards stabilizing supplies in the local market. Ghulam explai»»»
Israel summons Italy envoy over comments on Lebanon attacks
Israel summoned Italy's ambassador Monday to protest after Foreign Minister Antonio Tajani condemned Israel's "unacceptable attacks" on civilians in Lebanon during a visit to Beirut, an Italian diplomatic source said. Tajani, a senior member of Prime Minister Giorgia Meloni's government, visited Be»»»
S. Korea dispatches envoys to Algeria, Libya for alternative supply chains amid Mideast crisis: FM - UPI.com
President Lee Jae Myung (R) asks Foreign Minister Cho Hyun (L) a question during a Cabinet meeting at Cheong Wa Dae in Seoul on Tuesday. Photo by Yonhap Foreign Minister Cho Hyun said Tuesday that the foreign ministry has dispatched envoys to Algeria and Libya and plans to send another envoy to the»»»
UN Official: War Pushes Seven in 10 Sudanese Into Poverty
Around seven in 10 people in Sudan are now living in poverty, a senior UN official told AFP on Tuesday, nearly twice as many as before the war between the army and paramilitary forces broke out three years ago. "Before the war, we were probably looking (at) around 38 percent of people living in pov»»»
How Dubai is strengthening senior citizens’ role with new 'Thukher Club' in Al Khawaneej
Dubai: Dubai has taken another step towards enhancing the quality of life of senior citizens with the inauguration of a new branch of the 'Thukher Club' in Al Khawaneej. Launched under the directives of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister a»»»
Kyrgyzstan approves new media registration procedure - | 24.KG
The Cabinet of Ministers of Kyrgyzstan approved a new regulation on the procedure for state registration, re-registration, and denial of registration of media outlets. The Ministry of Justice was instructed to enter information on previously registered, re-registered, and closed media outlets into »»»
DMCC hits 26,000 firms as tech takes the lead in 2025
Dubai: DMCC added more than 2,300 companies in 2025, bringing its total membership to more than 26,000. Sign up for our daily business newsletter, Cheques & Balances.Growth over the past year was driven by rising demand from global markets and the continued expansion of DMCC’s sector-focused ecosys»»»
Caretaker Minister Mladenova Says JEREMIE Strategy Opens Four Investment Windows to 2035
Bulgaria's new JEREMIE investment strategy through 2035 will operate through four investment windows designed to address key and clearly identified market gaps, caretaker Minister of Innovation and Growth Irena Mladenova said on Tuesday at the opening of the JEREMIE Bulgaria: New Opportunities foru»»»
Germany's Merz urges Netanyahu to end Lebanon fighting
German Chancellor Friedrich Merz urged Israeli Prime Minister Benjamin Netanyahu on Monday to end fighting in southern Lebanon and engage in direct peace talks with the Lebanese government, a spokesman said. Merz also expressed his "grave concern" about developments in the Palestinian territories i»»»
Xi Calls for Tighter Ties to Spain in Face of Global ‘Chaos’
China's President Xi Jinping warned against a return to the "law of the jungle" in international relations and called for closer economic ties with Spain as he met Prime Minister Pedro Sanchez in Beijing on Tuesday, according to Chinese state media. The meeting of the two leaders comes on the secon»»»
IEA: Global crude oil demand set for sharpest quarterly crash since Covid
The International Energy Agency (IEA) says global oil demand is headed for its "steepest" quarterly drop since the Covid shock, with the agency’s outlook pointing to weakening consumption in April and the second quarter as trade tensions and softer economic momentum hit fuel use. An OPEC+ report, m»»»
War-weary Lebanese weigh giving talks with Israel a chance
From his small shop in Beirut, facing a building destroyed by an Israeli airstrike, Qassem Saad said he was exhausted by repeated Israeli wars on Lebanon, and hoped negotiations could end decades of suffering. "We know that Israel will remain an enemy to us, but we are tired," 49-year-old Saad, who»»»
Big Nafis changes: unlimited child support, new salary perks for Emiratis
The Emirati Talent Competitiveness Council (ETCC) has announced sweeping enhancements to the Nafis Program, following its extension through 2040. The reforms introduce expanded financial benefits, broader eligibility, and new mechanisms aimed at strengthening family stability, boosting Emirati work»»»
Novo Nordisk signs deal with OpenAI to develop new drugs
Copenhagen: Danish pharmaceuticals group Novo Nordisk, maker of the popular Ozempic and Wegovy anti-obesity drugs, announced Tuesday a "strategic partnership" with OpenAI to accelerate the development of new medications. Like other drugmakers, Novo Nordisk is banking heavily on artificial intellige»»»
Trump’s Blockade of Hormuz Strait to Have Severe Economic Implications
The global economy enters a new stage of uncertainty as the US Central Command (CENTCOM) said American forces began implementing a blockade of maritime traffic entering and exiting Iranian ports. US President Donald Trump ordered the naval blockade after marathon peace talks with Iran in Islamabad,»»»
China’s Exports Slowed in March While Imports Soared
China's exports grew at a slower pace last month after starting the year with a surge, official data showed Tuesday, as the global economy reels from war in the Middle East. The world's second-largest economy produced a record-breaking trade surplus last year at $1.2 trillion. Booming overseas ship»»»
Wind power is not the harmless energy source liberals said it was
They may appear to be innocuous – even elegant – on the landscape as they collect power from the currents, but wind turbines have their own set of problems that environmentalists wish to ignore due to their eco-virtue-signaling. As environmentalists look at a sprawling field of wind turbines as ‘go»»»
Why Islamabad’s Serena Hotel is suddenly in the global spotlight after high-level talks
Dubai: Tucked away in one of Pakistan's most scenic pockets, the highly discreet Islamabad Serena Hotel has long been known as a quiet luxury escape. But in recent days, the five-star property (located close to the diplomatic enclave and key government institutions) has found itself at the centre o»»»
Egypt’s new investment law to be approved soon
The Committee of Economic Affairs in the House of Representatives has finalized its review of the long awaited new investment law, Mohamed Khodeir, Head of General Authority for Investment (GAFI) said, noting that the committee has discussed all clauses in the law with him throughout the previous p»»»
Kyrgyzstan plans to adopt UAE experience to speed up economic development - | 24.KG
Kyrgyzstan intends to adopt the experience of the United Arab Emirates in implementing reforms through the Government Accelerators program. Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, stated during a meeting with World Bank Managing Director for Operations Anna Bjerde. According to th»»»
Lebanon, Israel to meet for tough talks in Washington
Lebanese and Israeli representatives are scheduled to meet in Washington Tuesday for U.S.-mediated talks on ending the war in Lebanon, but the prospects of an agreement appear slim. Hezbollah leader Sheikh Naim Qassem called for the talks to be scrapped before they even began, describing them as "f»»»
Kyrgyzstan seeks to join World Bank’s AgriConnect initiative - | 24.KG
Kyrgyzstan has recorded significant growth in its food processing industry, with production increasing by 30.1 percent in 2025. Chairman of the Cabinet of Ministers, Adylbek Kasymaliev, stated during a meeting with Vice President of the World Bank for Europe and Central Asia Antonella Bassani. Acco»»»
EU petition to suspend Israel agreement passes 1 million signatures
Brussels, April 14 (SANA) A European citizens’ initiative calling for the suspension of the EU-Israel Association Agreement has surpassed one million signatures, clearing the threshold required for formal review by the European Commission. Data from the European Citizens’ Initiative platform shows »»»
How UAE startups can survive uncertainty: Smart cuts, key protections, and priorities
When cash flow tightens, instinct often swings between panic and paralysis. But according to founders and operators on the frontlines, the difference between startups that stall and those that stabilise is what they choose to protect. Here’s a sharp, founder-led breakdown of how to rethink costs wi»»»
Healthcare: Survey: 75.5% of Romanians say their health in 2024 was very good
Three in four Romanians aged at least 16 (75.5%) say they were in very good health in 2024, according to data published by the National Institute of Statistics (INS) for World Health Day.In the same context, another 19.1% of people consider that their health was satisfactory, and 5.4% say that they»»»
Agriculture :Romania's animal, poultry slaughter, meat production increase in February 2026
The number of slaughters and meat production in Romania increased in February 2026, year-on-year, according to data published on Thursday by the National Institute of Statistics (INS).Thus, in February 2026, the number of slaughtered cattle increased from February 2025 from 36,000 to 38,000 head, a»»»
Romania posts 4.5 pct decline in March car output
Romania's car production fell by 4.5% in March this year compared with the same month of 2025, according to data released by the Romanian Automobile Manufacturers Association (ACAROM).In March 2026, a total of 48,175 cars were produced nationwide, down from 50,463 in the same month last year. Of th»»»
Infrastructure: Number of train passengers dropped by 9.1% in 2025
The number of passengers travelling by train in 2025 was 64.371 millions, lower by 9,1% against 2024, according to data cetralized by the National Statistics Institute. According to the mentioned source, passenger trips dropped by 10.3% last year. The volume recorded by the railway transport of goo»»»
APIA: Electric vehicles make up 6.5pct of March 2026 registrations in Romania
The market share of full electric vehicles in total registrations reached 6.5% in Romania in March 2026, as against 2.8pct in the same period of 2025, according to the Association of Romania's Motor Vehicle Manufacturers and Importers (APIA) based on statistics with the General Directorate of Drivi»»»
Cars: Romania's automotive market declines 5.3pct in value in Q1 2026
The estimated value of the Romanian car market has declined 5.3% in the first three months of 2026, year-over-year, according to data analysed and published on Thursday by an online car ads platform.According to Autovit.ro, between January 1 and March 31, 2026, the average price of a vehicle increa»»»
Tourism: Romanian tourists' overnight stays in Germany reach 1.47 ml in 2025
The number of overnight stays by Romanian tourists in Germany reached 1.47 million in 2025, up 5% from the previous year, shows recent data from the German National Tourist Board (GNTB).According to the cited source, increasingly more Romanians associate Germany with holidays that combine culture, »»»
Food authority: Effects of Middle East conflict could be felt in sheep exports after Easter
The Veterinary and Food Safety Directorate (DSVSA) of Buzau estimates that the effects of the conflict in the Middle East on sheep exports will be felt in the period after Easter, with more than 65,000 animals delivered to dedicated centres outside the European Union in the first three months of th»»»
Trade: Turnover in retail trade down 7.6pct in first two months of 2026
The volume of turnover in retail trade (excluding the trade of motor vehicles and motorcycles) decreased in the first two months of the year, compared with the period 1 January to 28 February 2025, both as a gross series, by 7.6%, and as a series adjusted for the number of working days and seasonal»»»
Two congressmen resign as US House faces rare expulsions over scandals
Two US lawmakers stepped down on Monday and two others faced possible expulsion amid scandals roiling Congress. Democrat Eric Swalwell resigned after misconduct allegations, while Republican Tony Gonzales said he would retire following pressure over an affair with a former aide, deepening turmoil i»»»
97% of UAE, Saudi firms stay on track with global expansion plans
Dubai: Businesses in Saudi Arabia and the UAE are pressing ahead with international expansion plans despite regional volatility, with 97% saying they still see room to grow globally. Sign up for our daily business newsletter, Cheques & Balances.That confidence is holding even as companies navigate »»»
IndiGo launches summer flash sale: UAE-India travellers get up to 10% off flights
Dubai: India’s biggest airline, IndiGo, has launched a four-day summer getaway flash sale, offering up to 10% off domestic and international flights, including routes popular with UAE travellers heading to India during the summer break. Sign up for our daily business newsletter, Cheques & Balances.»»»
Lenovo Chooses Riyadh as Regional Operations Hub
Global technology company Lenovo has inaugurated its regional headquarters in Riyadh, after investing more than 2 billion riyals ($532 million) in the Saudi economy, underscoring the Kingdom’s growing role as a regional technology and industrial hub. The move goes beyond establishing an administrat»»»
Caretaker PM Gurov: Bulgaria Turns Innovation Into Opportunity
The opening of the JEREMIE Bulgaria: New Opportunities forum in Sofia will showcase the fund’s new investment strategy in Bulgaria, caretaker PM Andrey Gurov said on Tuesday. Organized by the European Investment Fund (EIF), part of the European Investment Bank (EIB) Group, in partnership with the M»»»
Pakistan Says Looking at Options to Repay $3.5 Billion UAE Loan
Pakistan is considering Eurobonds, loans from other countries and commercial debt to replace a $3.5 billion facility from the United Arab Emirates (UAE) and manage its foreign reserves, its finance minister said. Muhammad Aurangzeb also told Reuters the shock from the ongoing war in the Middle East»»»
Sale of government positions will no longer exist in Kyrgyzstan — Japarov - | 24.KG
The practice of selling government positions will no longer exist in Kyrgyzstan. President Sadyr Japarov announced this in an interview with journalist Ydyrys Isakov. He called personnel policy in the Kyrgyz Republic «very complex» and added that for the past 30 years, appointments in the country h»»»
BNR's Badea: Euro adoption, a strategic goal tied to Romania's economic integration and institutional maturation
Revitalizing Romania's goal and strategy for joining the Eurozone can act as a credible anchor for maintaining a coherent macroeconomic adjustment path, argues National Bank of Romania (BNR) first deputy governor Leonardo Badea."In a context characterized by numerous constraints and high volatility»»»
Gov't approves Romania's annual contribution to the Hague Conference on Private International Law
The government approved on Thursday Romania's annual contribution to the Hague Conference on Private International Law (HCPIL) for the financial year July 1, 2025 - June 30, 2026.According to the Executive, the contribution equals EUR 23,791.26, paid in RON at the National Bank of Romania's exchang»»»
Prime Minister Bolojan hails Peter Magyar's victory, wishes him a successful mandate
Prime Minister Ilie Bolojan congratulated Peter Magyar on Monday on his victory in Hungary's parliamentary elections, stressing that he looks forward to further strengthening the strategic partnership with a focus on economic and sectoral cooperation."Warm congratulations to Magyar Peter on your el»»»
What Does a ‘Blockade of the Blockade’ in the Strait of Hormuz Mean?
When Iran moved to close the Strait of Hormuz, it did not physically seal the waterway — for example, by fully mining it. Instead, it barred ships and oil tankers belonging to Gulf littoral states, as well as vessels from countries it considers adversaries, chiefly the United States and Israel, fro»»»
Bulgaria’s Tourism Industry Adapts to a Digital-First Traveller
Bulgaria’s tourism sector has never been stronger and has been achieving steady growth for the past few years. The industry has been adjusting to new changes in the market, that of the digital traveller. It is nothing new to say that tourism is shaped by technology, but its influence has grown even»»»
Germany grants new $234mn climate loan to South Africa amid grid strain
Germany has agreed to extend a new €200mn ($234mn) concessional climate loan to South Africa to help finance grid upgrades and renewable energy investment, foreign minister Ronald Lamola said on April 13 after talks with German counterpart Johann Wadephul in Berlin. »»»