'New oil': US aims to create $2.5-billion critical minerals stockpile to counter China's dominance
WASHINGTON: A bipartisan group of US lawmakers has introduced legislation to establish a $2.5-billion "Strategic Resilience Reserve" aimed at strengthening domestic supplies of critical minerals and rare earth elements. The move marks the latest effort to reduce US dependence on China for materials»»»
Kolkata warehouse roof collapse: Investigators seek more details
Kolkata: The Special Investigation Team (SIT), which is probing the case of the under-construction warehouse roof collapse at Taratala that claimed 16 lives, has sought further details from the Kolkata Municipal Corporation (KMC) and the Kolkata Port Trust (KoPT) authorities. The warehouse project »»»
Monaco explosion injures Ukrainian tycoon as suspect flees to France
Paris: A blast from an explosive device has seriously injured three people at a residential building in Monaco, and the attacker fled to France, local authorities said. French and Ukrainian media reported that a Ukrainian magnate and his family were those injured. The unusual attack Monday night st»»»
Peso's New Normal? BSP Data Suggests the Dollar Could Stay Above ₱60—But the Worst May Be Over
Manila: The Philippine peso appears to have entered a new trading range against the US dollar. Recent data from the Bangko Sentral ng Pilipinas (BSP) suggests the currency is stabilising above the psychologically important ₱60-per-dollar level after months of sharp depreciation. The daily BSP refer»»»
Hyksos-era settlement and cemetery complex uncovered in Egypt's Ismailia
Dubai: Egyptian archaeologists have uncovered a Second Intermediate Period settlement comprising tombs, homes, storage facilities and industrial installations in the Tell El Koa archaeological site in Ismailia Governorate, offering fresh insights into life in the eastern Nile Delta during the Hykso»»»
Saudi Arabia extends tax penalty waiver scheme to end-2026, giving taxpayers more time to settle Labilities
Dubai: Saudi Arabia has extended its initiative waiving selected tax fines and financial penalties for taxpayers by a further six months, giving businesses and individuals until December 31 to regularise their tax affairs. The Zakat, Tax and Customs Authority (ZATCA) said the extension, approved by»»»
Planning a trip to Oman? Filipino travellers no longer need HIV certificate
Dubai: Filipinos planning a trip to Oman can now travel without presenting a negative HIV medical certificate if they are entering the country under Oman's 14-day visa-free entry programme. In a statement, the Philippine Department of Foreign Affairs (DFA) has announced the change, noting that the »»»
Romanian banks need structural transformation to maintain profitability as interest rates normalize – Kearney analysis
Romania’s retail banking sector is entering a more demanding phase than many of its European peers, as the normalization of interest rates overlaps with domestic fiscal, economic and political pressures, according to the 18th edition of Kearney’s European Retail Banking Radar. Local banks must navi»»»
Over 5 million Romanians were at risk of poverty or social exclusion in 2025
Around 5.2 million Romanians, representing 27.4% of the usually resident population, were at risk of poverty or social exclusion in 2025, according to data published by the National Institute of Statistics. The indicator was down by 0.5 percentage points compared with 2024, corresponding to a decre»»»
USD/EGP exchange rates continue falling on June 28th Arab Finance For Information Technology
Arab Finance: The exchange rates between the USD and EGP declined on Sunday, June 28th, hitting EGP 49.37 for buying and EGP 49.47 for selling at the National Bank of Egypt (NBE) and Banque Misr. Meanwhile, the US dollar traded at EGP 49.25 for purchase and EGP 49.35 for sale at the Commercial Inte»»»
Bokra, Geidea partner to expand digital savings access for merchants in Egypt Arab Finance For Information Technology
Arab Finance: Bokra has partnered with digital payments provider Geidea to offer digital savings products to more than 200,000 merchants across Geidea's network in Egypt, as per an emailed press release. The partnership will enable merchants to access Bokra's digital savings solution, which allows »»»
NBE pens €50M financing agreements with AFD to boost agricultural sector Arab Finance For Information Technology
Arab Finance: The National Bank of Egypt (NBE) signed two financing agreements totaling €50 million with the French Development Agency (AFD), along with a €4 million grant, under the Sustainable Agricultural Finance Program (SASME 2). The signing, which took place on the sidelines of the celebratio»»»
EGX sees temporary listings of 4 state-owned firms under state IPO program Arab Finance For Information Technology
Arab Finance: Egypt has temporarily listed four state-owned companies on the Egyptian Exchange (EGX), including three from the petroleum sector, as part of the state's initial public offering (IPO) program aimed at broadening private-sector participation, as per a statement. The four companies are »»»
El-Sisi reviews Suez Canal traffic, shipbuilding projects Arab Finance For Information Technology
Arab Finance: President Abdel Fattah El-Sisi reviewed navigation traffic and operational performance of the Suez Canal during fiscal year (FY) 2025/2026, according to a statement. In his meeting with Chairman of the Suez Canal Authority (SCA) Osama Rabie and Chairman of the South Red Sea Shipyard C»»»
Temperatures to range between 25 and 30°C in most regions Sunday night
Tunis, June 28 (TAP) - Temperatures in most regions of the country during the night between Sunday and Monday will range between 25 and 30°C, falling to around 23°C on western heights and reaching up to 32°C in the south-west, according to the...»»»
Tunisia to host 7th COMESA Regional Fair and CTF 2026
TUNIS, June 29, 2026 (TAP) - Tunisia will host the 7th edition of the COMESA Regional Fair and the COMESA Federation of Women in Business (COMFWB) Trade Fair and Business Conference (CTF 2026) from July 1 to 3, 2026, with the participation of...»»»
Tunisias exports to COMESA post 50.2% rise (minister)
Tunis, June 29 (TAP)- Tunisia's exports to the Common Market for Eastern and Southern Africa (COMESA) rose 50.2% in the period spanning 2019/2025, said Minister of Trade and Export Development Samir Abid. The value of exports grew from TND 1.9...»»»
Lebanon Speaker Berri: Framework Agreement Won’t Pass Through Constitutional Institutions
Lebanese Parliament Speaker Nabih Berri warned against any attempt to undermine the Lebanese Army or dismiss its commander, cautioning that such a move would provoke a firm response, Lebanese daily Al-Akhbar reported on Tuesday. Speaker Berri has also reiterated his opposition to toppling the gover»»»
Tehran Condemns US Strikes as “Barbaric,” Accuses Washington of Renouncing Commitments
Iran’s Foreign Ministry has issued a sharp condemnation of the latest United States airstrikes on its southern territories, asserting that the military action demonstrates Washington’s utter disregard for its international obligations and a pattern of habitual promise-breaking. In an official state»»»
Watch IRGC Launching Missiles, Drones in Response to US Attacks
Iran’s Revolutionary Guard released footage of the moment it launched missiles and drones in the “decisive missile response” operation early Sunday morning, which was carried out by the Revolutionary Guard’s Aerospace Force and Navy in response to US attacks. Source: Al-Manar English Website»»»
Araghchi: Solely Iran Responsible for Reopening Hormuz Strait under Deal with US
Iranian Foreign Minister Abbas Araghchi warned on Sunday that any external interference in the maritime arrangements would only complicate the situation and delay the reopening process of the strategic Strait of Hormuz. Speaking at a joint press conference in Baghdad with Iraqi Foreign Minister Fua»»»
Leader Orders Pursuit of US-Israeli War Crimes against Iran
Leader of the Islamic Revolution Ayatollah Sayyed Mojtaba Hosseini Khamenei has ordered the legal pursuit of the US and Israeli war crimes committed against the Iranian nation. The Leader has called on Iran’s Judiciary to pursue and restore the nation’s rights that have been violated as a result of»»»
Velayati Says Hezbollah is True Protector of Lebanon’s Sovereignty
Ali Akbar Velayati, a senior advisor to the Leader of the Islamic Revolution on international affairs, has declared Hezbollah the true protector of Lebanon’s sovereignty. In a post published on the social media platform X on Sunday, Velayati wrote, “After years of diplomatic experience, I say, ‘Fre»»»
Iran and Oman Hold First Joint Hormuz Committee Meeting: Gharibabadi
Iran and Oman have conducted the first meeting of a joint committee on the Strait of Hormuz in Muscat, the Islamic Republic’s Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi announced on Monday. In a post on X on Monday, Gharibabadi said the meeting was held with Omani»»»
Pezeshkian Says $6bn of Iranian Assets to Return via Qatar
President Masoud Pezeshkian announced Monday that $6 billion of Iran’s frozen assets will be released and returned through Qatar, and confirmed that oil and petrochemical sanctions have been lifted under the peace deal, which he called a “great victory” for the Iranian people. Speaking during a vis»»»
Condemnations as Israeli Occupation Attacks Southern Syria Anew
Israeli occupation attacked southern Syria late Sunday in a new attack that sparked condemnations among some Arab countries and Hamas Palestinian resistance movement. Israeli forces opened fire toward Syrian civilians late Sunday while withdrawing from the village of Abidin in the southern Daraa co»»»
Araghchi: Solely Iran Responsible for Reopening Hormuz Strait under Deal with US
Iranian Foreign Minister Abbas Araghchi says the responsibility for reopening the Strait of Hormuz rests solely with the Islamic Republic of Iran, urging all parties to refrain from interfering in Tehran’s management of the strategic waterway under the terms of a memorandum of understanding (MoU) w»»»
Baqaei: Iran Will Not Attend Negotiations with US in Coming Days
Foreign Ministry Spoksaman Esmaeil Baqaei has denied claim that Tehran and Washington will hold talks in Qatar in the coming days. Baqaei pointed out that the issue that the US representatives are going to Qatar is not linked to the a trip by the Iranian delegation to the neighbrong country. Earlie»»»
Egypt, Rwanda discuss strengthening cooperation on digital transformation
Raafat Hindi, Egypt’s Minister of Communications and Information Technology, received Paula Ingabire, Rwanda’s Minister of ICT and Innovation, to discuss ways of strengthening cooperation between the two countries in the fields of digital transformation, artificial intelligence (AI) and digital cap»»»
Arab African Advisers concludes Egypt’s Clusters Regulatory Framework Support project under EU-funded programme
Arab African Advisers has completed the Clusters Regulatory Framework Support project in Egypt, a key pillar of the EU-funded EuroMed Clusters Forward programme. The initiative, implemented by ANIMA Investment Network in partnership with Berytech, spans seven Southern Mediterranean countries–Egypt,»»»