RIYADH: Gold is becoming an increasingly deliberate component of central bank reserve strategies as geopolitical tensions, concerns over the concentration of assets in the US dollar, and questions surrounding the resilience of traditional holdings reshape official-sector thinking, analysts told Ara»»»

The parliamentary Budget and Finance Committee Tuesday approved on second reading a raise of the new debt ceiling to EUR 3.8 billion through amendments to the so-called budget extension law (formally the Act on the Collection of Revenues and the Commitment of Expenditures in 2026 until the Passage »»»

Sydney: The US military is planning a permanent war-ready weapons stockpile for its Marine Corps on Australia's southeast coast beyond the range of most Chinese missiles, tender documents show and officials confirmed to AFP. The development of the stockpile, a first for the Marine Corps in Australi»»»

London: Serena Williams will play at Wimbledon for the first time since 2022 after the American legend was given a wildcard to play the doubles event with her sister Venus on Tuesday. Williams made a sensational return to tennis last week when she won her first-round doubles match at Queen's Club w»»»

Doha, Qatar: Chief Executive Officer of the Qatar Media Corporation (QMC) HE Sheikh Khalid bin Abdulaziz bin Jassim Al-Thani met today with HE Dr. Abdulrahman bin Abdulaziz Al-Hazzaa, Director General of the Gulf Radio and Television Organisation of the Cooperation Council for the Arab States of th»»»

Dubai: For UAE restaurants, hotels and sports lounges, the FIFA World Cup is usually a major opportunity to boost footfall, food and beverage sales, and customer engagement. But this year, operators are facing a different set of challenges — from matches running as late as 5 am (UAE time) to the pr»»»

Trus Holding Group, a dynamic and rapidly growing multinational conglomerate, has inaugurated its new corporate office at Garhoud Business Center in Dubai. The state-of-the-art facility marks a significant milestone in the Group's expansion journey, coinciding with its 20th anniversary celebrations»»»

This year’s list of the wealthiest Hungarians is once again topped by the entrepreneur Lőrinc Mészáros, followed by Sándor Csányi, chairman of OTP Bank, while Zsolt Felcsuti, who has interests in the machinery manufacturing sector, retains third place, according to a statement published on the rank»»»

EVIAN: US President Donald Trump said Tuesday that “Russia should make a deal” to end its war against Ukraine, after meeting Ukrainian President Volodymyr Zelensky at the G7 summit in France. Trump said he “had a meeting” with Zelensky at the summit in the spa town of Evian-les-Bains and more talks»»»

DUBAI: FIFA is considering an Israel versus Palestine opening match for its new under-15 football festival in the US this September, according to The Athletic. The tournament is expected to be open to all 211 FIFA member associations including Russia, which remains suspended from senior internation»»»

ROVINJ: A month-old pony named Mile is the newest resident of an apartment building in the northern Croatian coastal town of Rovinj. Mile has moved in temporarily to his owners’ fourth-floor flat because his mother rejected him at birth. He also needs round-the-clock care after undergoing an operat»»»

PARIS: The head of the International Energy Agency said Tuesday that “unconditionally” opening the Strait of Hormuz to Gulf tanker traffic was essential to ending the shock from soaring oil and gas prices to economies worldwide. “The single most important solution to this problem is the fully and u»»»

U.S. President Donald Trump said Tuesday he had suggested to Israel that Syrian President Ahmed al-Sharaa should deal with Lebanon's Iran-backed Hezbollah seeing as the Israeli campaign was causing too many casualties. Praising Sharaa as doing an "amazing job", Trump said at a G7 summit: "If Israel»»»

Obzor Central Beach has introduced online reservations for umbrellas and sun loungers through the My Spot platform, with visitors having now the opportunity to reserve and pay in advance or scan a QR code on-site, beach manager Stanislava Stoyanova-Belchinova told BTA. The system allows bookings se»»»

London: Serena Williams will play at Wimbledon for the first time since 2022 after the American legend was given a wildcard to play the doubles event with her sister Venus on Tuesday. Williams, 44, made a sensational return to tennis last week when she won her first-round doubles match at Queen's C»»»

The Commission on a Common Alphabet for Turkic Countries has developed a recommended version of the Kyrgyz alphabet. The latest expert meeting was held in Astana and organized by the Turkic Academy jointly with the Turkish Linguistic Community. Representatives from Azerbaijan, Kazakhstan, Kyrgyzsta»»»

At least 14,591 Pakistani citizens entered Kyrgyzstan in 2025, while 15,280 Pakistanis left the country. Deputy Prosecutor General, Umutkan Konkubaeva, announced at a meeting of the Parliament’s Committee on Judicial and Legal Issues, Law and Order, Crime and Corruption Control. According to inform»»»

RIYADH: Remittances from Egyptians working abroad rose by 33.2 percent year on year during the first 10 months of fiscal year 2025/2026, reaching a record $39.2 billion, new figures showed. Data released by the country’s central bank showed that on a monthly basis, remittance inflows climbed 44 per»»»

Doha, Qatar: Shura Council Speaker HE Hassan bin Abdullah Al Ghanim has held talks with HE Ambassador of the United Mexican States to the State of Qatar Jose Guillermo Ordorica Robles, focusing on strengthening parliamentary cooperation and broader bilateral relations. During the meeting in Doha on»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Trump says he “didn’t like Israel’s attack on Lebanon’s Beirut” shortly before Iran agreement 16-06-2026 13:06 PM Latest News Urgent News T»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Trump says Netanyahu “has to be more responsible with respect to Lebanon” 16-06-2026 13:08 PM Latest News Urgent News Trump: “If Israel can»»»

NEW YORK: Saudi Arabia, on behalf of the Arab Group, reaffirmed support for the UN and its role in promoting peace, security and sustainable development during the hearing of secretary-general candidate Maria Fernanda Espinosa. Abdulaziz Al-Wasil, the Kingdom’s permanent representative to the UN, e»»»

The state intends to borrow $1.9 billion in 2026. Deputy Finance Minister of Kyrgyzstan, Umutzhan Amanbaev, stated at a meeting of the Zhogorku Kenesh Committee on Finance, Budget, Entrepreneurship, and Competition Development. Deputy Dastan Bekeshev noted that Kyrgyzstan is attracting numerous loa»»»

An environmental impact assessment (EIA) was conducted prior to the International Motorsports Championship UIM F1H2O round on Issyk-Kul Lake. Eduard Kubatov, Director of the State Agency for Tourism Development of the Kyrgyz Republic, announced at a press conference. According to him, organizing su»»»

Doha, Qatar: The Ministry of Public Health officially opened a Maternal Support Room at its main headquarters for female employees, reinforcing its commitment to promoting maternal and child health and fostering a supportive workplace environment for women. In a statement by the Ministry, the room »»»

The US and Iran have reached a preliminary agreement to end the hostilities in the Middle East, following weeks of direct and indirect negotiations mediated by Pakistan. A formal ceremony to sign the Iran-US Memorandum of Understanding (MoU) will take place in Geneva on Friday. According to Washing»»»

White Lagoon Beach in Kavarna Municipality has received the international Blue Flag award for the 10th consecutive year in 2026, White Lagoon Resort Executive Director Irina Shishkova told BTA. She emphasized that the recognition strengthens the resort’s reputation and is highly valued by visitors,»»»

There is limited or no control over the number of hospitalizations in Bulgaria, the Institute for Market Economics (IME) says in an analysis presented at a forum here on Tuesday. According to the study, hospitalizations in Bulgaria exceed many times those in European Union countries for most of the»»»

The official inauguration of Bulgaria’s new pilgrimage route, known as the first section of “Camino Bulgaria,” is set to connect Malko Tarnovo with the relics of St. John the Baptist in Sozopol. Upon completing the journey, participants will receive a church-issued certificate signed by Sliven Metr»»»

Cherry picking in Bulgaria’s Kyustendil region has begun with farmgate prices set at around 80 euro cents per kilogram, according to local producers. Farmers say the level is significantly low, while seasonal workers are currently being paid up to 50 euro cents per kilogram for harvesting. Growers »»»

MOSCOW (Sputnik) - Russia appreciates Turkiye's interest in helping resolve situation around Ukraine, Russian Foreign Minister Sergey Lavrov said on Tuesday. "We appreciate the sincere interest of our Turkish friends in helping to find a just, sustainable, long-term settlement of the situation arou»»»

TradeAfricaSigh of relief in Africa as the Strait of Hormuz 'reopens'Antonio CascaisA potential US-Iran agreement could lower energy, fertilizer, and food prices in Africa if the Strait of Hormuz fully reopens. Oil exporters such as Nigeria and Angola might have to cope with less revenue, experts s»»»

Dubai: Sharjah’s hotels welcomed 2.1 million guests in 2025, a 22% increase on the previous year, as stronger airport traffic and new travel links helped drive demand across the emirate’s hospitality sector, according to Cavendish Maxwell. Get updated faster and for FREE: Download the Gulf News app»»»

RIYADH: Kuwait has introduced a new residency pathway allowing qualifying foreign investors, senior executives and their immediate families to remain in the country for up to 15 years, as the government steps up efforts to attract global capital. The framework was approved under Cabinet Resolution »»»

EU member states have unanimously agreed to open the first cluster of negotiations on Ukraine's and Moldova's accession to the bloc, a European Commission statement said on June 15.  The decision moves the accession process for the two countries beyond the legislative screening stage and into »»»

Intensifying Russian attacks on Ukraine's Black Sea port infrastructure are threatening the country's export capacity and raising concerns about potential disruptions to shipments of agricultural products and iron ore, two of the country's most important sources of foreign currency earnings, report»»»

The Abu Dhabi Judicial Department (ADJD) recorded a sharp increase in digital attestations during the first quarter of 2026, with the number of transactions rising by 405 per cent compared to the same period last year. According to the department’s first-quarter performance report, a total of 637,0»»»

Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev met with Kate Forbes, President of the International Federation of Red Cross and Red Crescent Societies (IFRC), who arrived in Kyrgyzstan on her first official visit. The Cabinet Chairman warmly welcomed Kate Forbes and emphasize»»»

RIYADH: Debt-based crowdfunding platforms in Saudi Arabia have provided a total of SR11 billion ($2.93 billion) in financing since the activity was introduced in 2016, according to the Saudi Central Bank, known as SAMA. SAMA said that 10 digital brokerage firms are licensed to operate in the Kingdo»»»

Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Trump: “If I hadn’t been there, there wouldn’t have been an Israel” 16-06-2026 13:10 PM Latest News Urgent News Trump: “If Israel cannot ge»»»

Minister of Industry Khaled Hashem discussed on Tuesday, June 16, 2026, with Selim Şankaya, CEO of GID Textile Egypt Group, the company’s expansion plans in Egypt and its strategy to boost investments and exports as the company aims to raise its exports to $285 million by the end of 2026. During a »»»

KHAN YUNIS: A young Gazan girl twirls across the floor of a dressmaker’s shop, her white dress billowing around her as a shy smile spreads across her face. Trimmed with delicate tulle and topped with a soft veil, the dress looks fit for a celebration. Few would guess that parts of it are from disca»»»

MAKKAH: The Presidency of Religious Affairs of the Grand Mosque and the Prophet’s Mosque held its annual closing ceremony for the past Islamic year, attended by its President Sheikh Abdulrahman Al-Sudais, senior officials, and representatives of partner organizations. The event highlighted the pres»»»

TBILISI - Serbian President Aleksandar Vucic said on Tuesday the Serbs saw Georgians not only as a friendly but also as a brotherly nation, and noted that Serbia must build ties with Georgia in the future. "I am very happy to be the first (Serbian) president paying an official visit to this beautif»»»

MOSCOW (Sputnik) - Russian President Vladimir Putin is preparing for the Russia-ASEAN summit, on the sidelines of which he will hold a marathon of bilateral meetings, Kremlin spokesman Dmitry Peskov said on Tuesday. "The President is preparing for the Russia-ASEAN summit, which, as you know, will b»»»

An Israeli drone strike targeted a van on the Harees-Hadatha road in the Bint Jbeil district on Tuesday, as Israeli artillery shelling hit the vicinity of al-Rihan in the Jezzine district and the town of Kfartebnit in the Nabatieh region. Violence seems to have abated between Israel and Hezbollah s»»»

GAZA/CAIRO: ‌Fadi Al-Arawi, a footballer in the Gaza Strip Premier League, hasn’t been able to take the pitch since pro sports were suspended with the outbreak of war more than two years ago. Like ​most Gazans, he no longer even has a home where he can watch the World Cup on TV. As Saturday’s match»»»

DUBAI: Iran says it is not planning to charge ships tolls for passing through the Strait of Hormuz. Instead, it insists vessels will pay fees for services provided in one of the world's most strategically important waterways. The distinction may sound technical, but it lies at the heart of a growin»»»

The final hours before the announcement of the US-Iran Memorandum of Understanding (MoU) were marked by high-stakes brinkmanship, with the Israeli strike on Beirut’s southern suburb (Dahiyeh) reportedly triggering a last-minute overhaul of key provisions—particularly those related to Lebanon, accor»»»

Dubai: DMCC is planning to launch DMCC Campus and DMCC Intelligence, two new platforms designed to help businesses, governments and institutions navigate a global trade environment being reshaped by technology, geopolitics and economic change. Sign up for our daily business newsletter, Cheques & Ba»»»