RoCapital IFN, a company with more than 12 years of experience on the local financial services market and part of the KRUK Group, has launched the international Wonga brand in Romania. The launch brings to the local market a digital consumer lending model developed in Poland, where Wonga ranks seco»»»

Interest in residential development projects in Bucharest remains strong, supported by demand for modern, efficient homes that are well connected to the city’s emerging urban growth areas. In this context, tbi bank is strengthening its role as a financial partner for experienced local real estate d»»»

Regarding the exchange rate criterion, none of the currencies of the countries assessed participates in the Exchange Rate Mechanism II (ERM II), and several of these currencies have experienced substantial fluctuations against the euro in recent years. As for the long-term interest rate criterion, »»»

The European Central Bank (ECB) believes that Romania has made only limited progress toward adopting the euro, as inflation remains high, the budget deficit exceeds European thresholds, and several other convergence criteria have yet to be met. These conclusions are outlined in the 2026 Convergence»»»

The total value of the assets of voluntary pension funds (Pillar III) amounted to 7.86 billion lei at the end of March 2026, up by approximately 34% compared to the same period of the previous year, while the value of net assets stood at 7.85 billion lei, according to the report on the evolution of»»»

On Friday, the Ministry of Finance listed on the Bucharest Stock Exchange the June edition of FIDELIS government bonds. Subscriptions carried out between June 15 and June 22, totaling over RON 936 million, are now available for trading. During the offering period, 11,017 subscription orders were pl»»»

In the first quarter of 2026, the Romanian capital market experienced a visible activity burst as price dynamics, intensified trades and developments in capitalisation indicate the market's role in financing the real economy deepening, according to Chairman of the Financial Oversight Authority (ASF»»»

Romania’s public debt is estimated at 61.6% of GDP in 2-26, it will rise to 63.4% of GDP in 227 and it is projected to reach almost 90% of GDP in 2036, according to the Convergence Report for 2026 published by the European Commission.The public debt-to-GDP ratio increased from 54.8% in 2024 to 59.3»»»

* The National Bank of Romania published the 2025 Annual Report In 2025, Romania’s economy grew for the fifth year in a row, albeit at a slower pace (+0.7 percent, 0.2 percentage points lower than in 2024), amid a slowdown in consumer demand that was only partly offset by a recovery of investment. »»»

Cairo — Egyptian equities ended the trading week on a weaker note as profit-taking by domestic investors and subdued liquidity continued to weigh on blue-chip shares, while foreign and Arab investors remained net buyers, reinforcing confidence in Egypt’s medium-term investment outlook despite short»»»

Egypt’s consumer markets are witnessing a growing confrontation between rising prices and increasingly organized consumer resistance. As households struggle with persistent inflation and declining purchasing power, boycott campaigns have emerged as an unconventional market force, challenging mercha»»»

Two weeks of extreme heat have brought Europe to a scorched halt, with public services closed and vital infrastructure literally melting in record-breaking temperatures. Meanwhile, European leaders are telling their citizens to shut off the AC. Europe’s most severe heatwave in decades has broken te»»»

The US Supreme Court on Monday narrowly rejected a challenge backed by President Donald Trump seeking to tighten mail-in ballot deadlines ahead of this year’s midterm elections. In a 5-4 ruling, the court upheld a Mississippi law allowing ballots postmarked by election day to be counted if they arr»»»

In a recent piece for RT, “Why weird men try to put penises on powerful women,” my dear and insightful colleague Rachel Marsden addresses the current tendency of men to trash women who make it to the top, and focuses on the examples of Michelle Obama and Brigitte Macron. These two individuals have »»»

An explosive device packed with shrapnel seriously injured Ukrainian-born businessman Vadim Ermolaev and two members of his family at the entrance to a residential building in Monaco on Monday evening, according to local media reports. The explosion occurred shortly before 9:00 PM on Rue Reverend P»»»

ANKARA: NATO is adjusting to a shifting security landscape and the United States is not seeking to leave the alliance, Turkish Defense Minister Yasar Guler told Reuters ahead ‌of a ‌NATO summit in ​Ankara ‌next ⁠week. Turkiye ​will host ⁠32 NATO leaders, as well as officials from the Gulf and Asia-»»»

MANIILA: Thousands of members of a powerful Philippine religious sect rallied in Manila on Tuesday, snarling traffic as they protested the expected arrest of a senator and church member. The rally came a day after authorities announced that Senator Rodante Marcoleta, a member of the Iglesia Ni Cris»»»

BEIJING: China’s foreign ministry said on Tuesday that the country is not the “root cause” of issues facing the European Union’s economy, following talks in Brussels aimed at avoiding a damaging trade war. China’s large — and growing — trade surplus with the 27-nation bloc has increasingly raised c»»»

RIYADH: Saudi Arabia’s overall unemployment rate fell to 3.1 percent in the first quarter of 2026 from 3.5 percent in the previous three months, as the Kingdom’s labor market remained resilient, official data showed. Figures released by the General Authority for Statistics showed that while there w»»»

The refurbished Soviet-era giant Admiral Nakhimov is set to become the world's most heavily armed surface warship, serving as the flagship of Russia's Northern Fleet. The battlecruiser was first visible in satellite imagery in Kola Bay on 25 June, as cloud cover obscured the area the previous day. »»»

EFG Hermes’s BOD approved adopting necessary steps to sell 9.4 million shares of its 40 per cent stake in Credit Libanais, for 33 dollars per share to a group of Arab and Lebanese investors. It is expected that these procedures will be concluded by June 30 -maximum. EFG Hermes’s BOD approved as wel»»»

Egypt’s state-owned Holding Company for Tourism and Hotels is preparing to add about 3,500 hotel rooms over the next five years through investments estimated at EGP50 billion, according to an exclusive report by Al Arabiya Business citing people familiar with the matter. If implemented, the program»»»

Online return rates could reach up to 15% of orders this year, with the highest levels recorded in segments such as fashion and footwear, according to an analysis by Packeta Romania, a global digital platform for e-commerce and part of Packeta Group. The trend is also reflected in the volumes proce»»»

The expanding field of peptide-based inquiry has increasingly gravitated toward compounds that interact with endogenous signaling cascades rather than overriding them. Within this framework, the combination of Sermorelin and Ipamorelin has emerged as a particularly compelling subject of investigati»»»

Romanians are increasingly aware of the risks that could affect their financial and personal stability, but few are taking steps to protect themselves. Six out of 10 Romanians say they feel completely unprepared for a situation that could significantly impact their personal budget this year, such a»»»

The lowest level of prices in 2025 for consumer goods and services that make up household final consumption within the member states of the European Union (EU), Bulgaria recorded a figure of 37% lower than the EU average, followed by Romania, which was 35% below the European average, according to a»»»

The CFA Society Romania Macroeconomic Confidence Indicator is at a low, with declines recorded in 2012, 2018, and 2020, Adrian Codirlasu, chairman of CFA Society Romania, said on Monday."Starting with 2024, the indicator had low values that indicated an uncertain situation in the economy and in the»»»

The major economic stake these days is avoiding a downgrade of the country's rating, Minister of Finance, Alexandru Nazare announced after, at the end of last week, the rating agency Moody's drew attention to the fact that the prolonged political uncertainty and the lack of a functional parliamenta»»»

Romania needs a political-economic pact which would oblige all governments, irrespective of their political orientation to observe clear limits regarding inflation and budgetary deficit, for Romania to avoid being downgraded to a level not recommended for investments’ said Valentin Lazea, chief eco»»»

Former NATO Deputy Secretary General Mircea Geoana has announced that the project for a Multilateral Defence, Security and Resilience Bank (DSRB), which he initiated during his time in NATO's senior leadership, is becoming a reality, with Romania joining as a founding member."I am delighted and pro»»»

The Ambassador of the Republic of Albania to Romania, Enkeleda Merkuri, discussed on Monday with representatives of the administration of the county and municipality of Constanta about cooperation opportunities in various fields of activity, while highlighting the contribution of the Albanian commu»»»

Romanian Senate President , liberal Mircea Abrudean , said on Monday that President Nicusor Dan should help find a solution to the country's political deadlock, stressing that Romania urgently needs a fully empowered government and that Parliament could approve a new cabinet within 24 hours if part»»»

Save Romania Union (USR) Chairman Dominic Fritz warns that the Alliance for the Unity of Romanians (AUR) has never really fought the Social Democratic Party (PSD), serving only as the Social Democrats' 'life insurance", and says the first voices are now emerging to explain why the Grindeanu Governm»»»

Democratic Alliance of Hungarians in Romania (UDMR) leader Kelemen Hunor said on Monday that Alexandru Nazare remains one of the possible candidates for prime minister, while stressing that the decision does not rest with his party."From UDMR's point of view, yes, Alex Nazare is one of the options,»»»

Romania's opposition Alliance for the Union of Romanians (AUR) Senate group leader Petrisor Peiu said on Monday it remained open to dialogue with all political parties but argued that any talks on forming a new government must begin with President Nicusor Dan lifting what it called his exclusion of»»»

The Social Democratic Party (PSD) said that Siegfried Muresan should not and will not become Romania's prime minister because he became a Member of the European Parliament with corruption money of baron Pinalti," was placed on the electoral list by Elena Udrea at the instruction of "informer Basesc»»»

PSD chairman Sorin Grindeanu stated on Monday that, during the meeting at Cotroceni Palace, he had agreed to the proposal made by UDMR leader Kelemen Hunor to form a government comprising the PSD, PNL, and UDMR, but that PNL leader Ilie Bolojan had not agreed.Grindeanu was asked if he agreed that t»»»

The MEP Siegfried Muresan, proposed by PNL, USR and UDMR for the position of prime minister answered on Monday to the criticism coming from PSD, stating that ‘ the reality is always the opposite of what the PSD tells us’ and that he obtained important results for Romania in the European Parliament,»»»

President Nicusor Dan will take part on Tuesday in a luncheon with the EU ambassadors accredited to Romania in full political crisis in Bucharest. The luncheon will take place at 12:00 at Hotel JW Marriott Grand Hotel according to the president’s agenda. The meeting is taking place against the back»»»

Prince Radu met on Monday with the interim ministers of Foreign Affairs, Oana Toiu, and Defense, Radu Miruta, the discussions focused on the public actions of the Royal Family in the second half of 2026, to strengthen our country's position within the European Union and NATO."On behalf of His Majes»»»

Israeli President Isaac Herzog, on an official visit to Romania, was in Parliament on Monday, where he met the heads of the two Chambers - Mircea Abrudean and Sorin Grindeanu - and delivered an address to the joint plenary.In talks with Senate President Mircea Abrudean, discussions focused on stren»»»

Israel and Romania are not only partners but also friends, Israeli President Isaac Herzog said on Monday during a joint press conference with Romanian President Nicusor Dan at the Cotroceni Presidential Palace.He said that his state visit represented a symbol of the special bond between the two nat»»»

A possible suspension of Romanian air navigation service provider ROMATSA would create a major national security vulnerability, disrupt NATO operations on the Alliance's Eastern Flank and isolate Romania geopolitically, the Supreme Council of National Defence (CSAT) warned on Monday."The possible s»»»

The NATO Summit in Ankara represents an opportunity to bring to the attention of allies at the highest level the complicated situation in the Black Sea region and the consequences that Russian aggression has at a regional level and on Romania, through incidents such as those with drones, reads a pr»»»

Dubai: Saudi Arabia deported more than 11,000 illegal residents over the past week after nationwide security operations led to the arrest of more than 15,000 people for violating residency, labour and border security laws, the Ministry of Interior said on Saturday. The ministry said joint inspectio»»»

Saudi authorities say the cause of the Saudi Aramco helicopter crash in Ras Tanura, which killed 14 people, remains unknown, with an investigation underway, according to the state news agency. An official source at the Ministry of Energy confirmed that a Saudi Aramco helicopter crashed in Ras Tanur»»»

Heavy rain is expected to continue across parts of Saudi Arabia's Jazan, Asir and Al Baha regions until Thursday, the National Centre for Meteorology (NCM) said, forecasting periods of intensified rainfall over the kingdom's southwest. The forecast, based on the Saudi Numerical Model, indicates tha»»»

Saudi authorities have begun early preparations for the 2027 Hajj season, with officials recommending stronger operational planning, closer coordination among agencies and greater preparedness to further improve services for millions of pilgrims. The recommendations emerged from a series of three-d»»»

Within the boundaries of the former Amynteo open-cast lignite mine, joint venture Meton Energy S.A., RWE (51% share) and PPC (49% share) has developed, constructed and commissioned these nine solar farms, which embody the companies’ commitment to the green energy transition and turn Greece’s histor»»»

Dubai: The Holy Kaaba will undergo its annual ceremonial washing on Tuesday, 15 Muharram (June 30), when Saudi authorities will cleanse Islam's holiest sanctuary with Zamzam water mixed with rosewater and premium fragrancesin a centuries-old ritual symbolising reverence, purity and the Kingdom's co»»»