UAE Central Bank keeps base rate unchanged at 3.65% after Fed decision
Dubai: UAE borrowers waiting for cheaper mortgages, car loans and business finance may have to wait longer after the Central Bank of the UAE kept its Base Rate unchanged at 3.65%. Sign up for our daily business newsletter, Cheques & Balances.The decision, announced on June 17, followed the US Feder»»»
Pakistan's Prime Minister praises Qatar's efforts in reaching US-Iran agreement
Islamabad: Pakistani Prime Minister Shehbaz Sharif praised Qatar's constructive efforts and participation in facilitating the memorandum of understanding (MoU) between the United States and Iran, which he said would enter into force immediately. Sharif confirmed in a statement that the presidents o»»»
JoPACC says e-wallet transfers in Kingdom reach JD3.09b in 2026
AMMAN — The value of outgoing transfers from e-wallets in Jordan reached JD3.09 billion since the beginning of 2026, carried out through nearly 63.7 million transactions, according to a report by the Jordan Payments and Clearing Company (JoPACC).The report showed that transactions via the JoMoPay e»»»
JD103.6m worth of cheques bounced in May — JoPACC
AMMAN — The value of bounced cheques in Jordan increased to JD103.6 million in May, up from JD72.4 million in April, according to figures released by the Jordan Payments and Clearing Company (JoPACC).A total of 18,600 cheques were returned during the month. Of these, 6,190 cheques, representing 33.»»»
Saudi FM optimistic about US-Iran peace deal
DUBAI: Saudi Foreign Minister Prince Faisal bin Farhan voiced cautious optimism over a newly reached memorandum of understanding (MOU) between the United States and Iran, aimed at ending the current conflict and opening the door to broader diplomatic progress in the region. Speaking at a session ho»»»
US rate relief hopes fade as Fed officials signal possible hikes ahead
Dubai: The US Federal Reserve kept interest rates unchanged on Wednesday, but borrowers hoping for relief received a clear warning after nearly half of policymakers signalled support for at least one rate hike later this year. Sign up for our daily business newsletter, Cheques & Balances.The decisi»»»
Philippines: Why the beach shoreline suddenly extended by up to 200 metres after magnitude 7.8 earthquake
Manila: After a powerful magnitude 7.8 earthquake struck Mindanao on June 8, 2026, the first day back to school, something extraordinary emerged. It looked like the sea had "disappeared". Residents along parts of Sarangani and Davao Occidental in the southern Philippines now see beaches dramaticall»»»
Warsaw Holds Three-Quarters of Poland's Towers
Warsaw remains the undisputed centre of Poland's skyscraper boom, accounting for 74 percent of all high-rise buildings in the country, most of them offices, according to new figures from CBRE. While towers over 70 metres still make up just 2.5 percent of office stock across Poland's ten largest cit»»»
Ukraine Confirms Lechmar Contract Delivered in Full
Ukraine's State Border Guard Service (DPSU) has confirmed that ammunition contracts worth 23 billion hryvnia — more than 1.8 billion zloty — with Polish supplier PHU Lechmar were executed in full, at prices among the lowest available on the market. DPSU spokesman Andrij Demczenko told Interfax-Ukra»»»
Mideast tensions cloud EU outlook
A new EY forecast warns that global tensions, especially the Middle East conflict, will slow eurozone growth to just 0.5 percent in 2026 before a gradual recovery. Poland is expected to keep outpacing its neighbours, with 2026 GDP growth projected at 3.6 percent on the back of strong domestic deman»»»
World Bank Unveils New Strategy for Poland
The World Bank Group's Board of Executive Directors has discussed a new Country Partnership Framework (CPF) for Poland covering 2026 to 2031, designed to help the country build a more innovative, competitive economy, mobilise private investment, create better jobs and navigate its next stage of eco»»»
Warsaw, Berlin sign defense pact
Poland's defense minister Władysław Kosiniak-Kamysz and Germany's Boris Pistorius signed a new bilateral defense cooperation agreement in Warsaw on June 17, replacing a framework deal from 2011. The timing was deliberate: the signing fell on the 35th anniversary of the Polish-German Treaty of Good »»»
Elsewedy Electric to Develop Hungary’s Largest Hydrogen-Ready Power Plant
Elsewedy Electric Group has secured a significant engineering, procurement, and construction (EPC) contract for the development of Hungary’s largest combined cycle power plant (CCPP). This landmark project, awarded by MVM Matra Energia Zrt., a subsidiary of the Hungarian Electric Company (MVM), sig»»»
Ghana beat Panama 1-0 in World Cup opener after injury-time winner
Toronto, Canada: Ghana scored a dramatic 1-0 victory over Panama in their opening World Cup Group L clash in Toronto on Wednesday. Caleb Yirenkyi bundled in the winning goal in the fifth minute of stoppage time, sending thousands of Ghanaians in Canada's largest city into a frenzy and settling an o»»»
Trump, Iran's President sign deal to end Mideast war
Washington, United States: US President Donald Trump and Iran's president signed a deal Wednesday, June 17, 2026, meant to end the Middle East war, with Tehran agreeing to dilute its enriched uranium in return for large-scale economic relief. Trump put his signature to the memorandum of understandi»»»
Bavarian court rules state can spy on AfD party
The Bavarian Administrative Court of Appeal has given the local office of Germany’s domestic intelligence agency the green light to continue surveilling the state chapter of Alternative for Germany (AfD). The right-wing opposition party has consistently polled ahead of its mainstream rivals nationw»»»
Deputies in Kyrgyzstan propose allowing double surnames for children - | 24.KG
Lawmakers in the Zhogorku Kenesh of Kyrgyzstan introduced a bill that would allow parents to give their children double surnames at birth registration. The proposed amendments would be made to the law on civil status acts. The initiative was introduced by MPs Dastan Bekeshev, Seid Atambayev, Bolot »»»
Finland Lifts Nuclear Weapons Ban – a Dangerous Shift in the Baltic
Finnish lawmakers voted to overturn a Cold War‑era ban on nuclear weapons, allowing NATO allies to import, transport and store nuclear devices on Finnish territory. Finland insists it has no plans to become a nuclear state itself – but the change allows NATO's nuclear deterrent to be deployed in th»»»
JVC, MBR City and Meydan could gain most from Dubai Gold Line
Dubai: Dubai’s planned Gold Line is beginning to influence the investment case for some of the city’s busiest residential districts, with brokers and developers expecting the biggest lift in communities where property demand has grown faster than public transport access. Sign up for our daily busin»»»
Moscow, Kyiv exchange attacks as Ukraine’s Zelensky speaks to Trump, Europe
Russia attacked Kyiv with missiles and Ukrainian drones hit Moscow’s refinery as both countries exchanged strikes hours after President Volodymyr Zelensky spoke with US President Donald Trump and European leaders. A Reuters witness heard explosions in Kyiv and authorities in the northeastern Ukrain»»»
South Korean police quiz executive in Starbucks ‘Tank Day’ fiasco
SEOUL: South Korean police have questioned an executive of Starbucks operator Shinsegae in their investigation of a flopped promotional campaign that evoked a deadly 1980 crackdown, the group told AFP on Thursday. Starbucks Korea, which operates more than 2,000 stores nationwide under a licensing a»»»
Israel military says 1 soldier killed in Lebanon, 7 injured
JERUSALEM: The Israeli military announced on Thursday that one of its soldiers had been killed in fighting in southern Lebanon the day before, in an incident that also wounded seven soldiers. Master Sergeant Alexander Filin, 29, “fell in combat,” the military said in a brief statement, adding that »»»
While Mariam’s case is an active ongoing investigation, London murders overtake New York for the first time!
Euro news reported that London’s murder rate has surpassed New York for the first time after a man in his twenties was attacked and stabbed to death after leaving a bar in the southern borough of Wandsworth on Sunday. Attacks reveal a worrying trend. According to a report from Britain’s Sunday Time»»»
UAE schools 2026: How top education providers are hiring teachers for the new academic year
Dubai: As the UAE's summer break approaches and schools across the country prepare for the 2026–27 academic year, leading education providers are in the thick of teacher recruitment and many have already secured the bulk of their hires. With international schools following the British, American, an»»»
Olympic Day sports event in Bishkek postponed indefinitely - | 24.KG
The Olympic Day sports event, originally scheduled for June 20, has been postponed indefinitely, the Bishkek City Hall announced. According to the municipality, the new date, time, and venue of the event will be announced later. The event was expected to include a run along Abdumomunov, Orozbekov, »»»
Dubai morning traffic update: Where roads are busiest during rush hour
Dubai: Commuters are facing another busy morning on Dubai's roads, with traffic building across key highways from Sharjah into the emirate as rush-hour volumes continue to rise, according to Google Maps. Motorists travelling from Sharjah towards Dubai are experiencing delays on Sheikh Zayed Road (E»»»
TIIF 2026: Central Asia, new Asian tiger
Central Asia used to be thought of as sitting at the “navel of the world,” about as far away from everywhere as it was possible to be. Today that perception has changed as once again the region finds itself at the centre of things and a key link between east and west. Uzbekistan is the most populou»»»
Armenian PM says peace process with Azerbaijan already boosting economy
Armenia's economy has entered a new phase following the establishment of peace with Azerbaijan, Prime Minister Nikol Pashinyan said on June 16, linking stronger fiscal revenues, rising investment and demographic shifts to the 2025 peace process. He said the agreement reached last year marked a stru»»»
Al Naboodah opens GWM’s largest overseas showroom in the UAE
Dubai: Great Wall Motor (GWM) has strengthened its regional presence with the opening of its largest overseas showroom on Sheikh Zayed Road, one of Dubai’s most prominent automotive and commercial destinations. Opened by GWM’s UAE distributor, Saeed Juma Al Naboodah Group, the showroom displays mor»»»
Saudi Arabia warns drivers: Fines up to SR900 for illegal vehicle window tinting
Saudi Arabia's General Directorate of Traffic has warned motorists against violating vehicle window tinting regulations, saying offenders could face fines ranging from SR500 to SR900. The authority said rear window tinting is permitted provided it does not exceed 30 per cent, a level intended to ba»»»
Raul Castro backs sweeping Cuba reforms to revive struggling economy
Cuba's former president Raul Castro on Wednesday backed sweeping economic reforms proposed by the government to revive the crisis-hit economy amid a longstanding US embargo. The measures would expand private investment, attract capital from Cubans abroad and reduce the state's role, with lawmakers »»»
Diluting uranium, oil sales: What's in the draft US-Iran deal?
Senior US officials on Wednesday disclosed the contents of a draft memorandum of understanding with Iran, ending days of secrecy ahead of a planned signing ceremony on Friday. The document outlines an immediate ceasefire, steps toward lifting US sanctions, the restoration of commercial shipping and»»»
Georgia Republicans reject bid to redraw congressional maps - UPI.com
State Republicans on Wednesday rejected Gov. Brian Kemp's call to consider redrawing the state's district maps. File Photo by Chris Kleponis/UPI | License Photo June 17 (UPI) -- Georgia Republicans on Wednesday rejected GOP efforts to redraw the state's congressional and legislative maps amid a wid»»»
Trump defends Iran deal amid criticism – Ya Libnan
Share: President Trump defended a memorandum of understanding (MOU) released Wednesday that ends the war with Iran, even as he suggested it may not be “permanent” during a press conference from the Group of Seven (G7) summit in Évian-les-Bains, France. The president noted other G7 members backed th»»»
Saudi Arabia cuts instant visa quota for new firms to five
Saudi Arabia has reduced the maximum number of instant work visas available to newly established businesses to five, as part of measures aimed at regulating recruitment and encouraging compliance with labour market requirements, the Ministry of Human Resources and Social Development's Qiwa platform»»»
Trump signed US-Iran deal at Versailles: Macron welcomes MoU, says 'important step in right direction'
President Donald Trump signed an agreement with Iran Wednesday that calls for Tehran to dilute its stockpile of highly enriched uranium and waives US-backed sanctions on the country, immediately allowing Iran to sell its oil freely in a major concession from Washington, according to details release»»»
Israel’s presence in Lebanon violates deal – Iranian foreign ministry claims – Ya Libnan
Share: File- Iranian Foreign Minister Abbas Araqchi. He was reportedly never authorized by Lebanon to negotiate on its behalf with the US. Lebanon is reportedly seriously considering severing diplomatic ties with Iran because of its support for its proxy Hezbollah The continued presence of Israel »»»
Hamdan bin Zayed reviews future development, investment projects of Modon Holding in Al Dhafra Region
ABU DHABI: Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region, received at Al Nakheel Palace in Abu Dhabi a delegation from Modon Holding Group, led by Jassem Mohamed Bu Ataba Al Zaabi, Chairman of the Department of Finance and Chairman of Modon Holding, to review the»»»
Syrian authorities arrest 10 Assad-era operatives in latest crackdown on regime remnants
DAMASCUS: Syrian security forces have arrested 10 remnants of the deposed Assad regime in a series of operations across the country, the latest in an ongoing campaign reported by the Syrian Arab News Agency (SANA) to pursue former officials accused of crimes and abuses committed during the former g»»»
Putin hosts leaders of Southeast Asian nations, seeking to boost their business ties
MOSCOW: President Vladimir Putin hosted leaders of the Association of Southeast Asian Nations on Wednesday as Russia seeks to bolster business and other ties with the nations of the regional bloc. The two-day meeting, being held in Kazan, is set to consider ways to expand Russia’s “strategic partne»»»
Forget the usual hotspots: UAE travellers are searching for more unique summer escapes
Dubai: UAE travellers are increasingly looking beyond popular social media destinations and seeking new experiences this summer, with flexibility and personalisation becoming bigger factors in holiday planning. Sign up for our daily business newsletter, Cheques & Balances.According to recent resear»»»
Why haven’t we built, or attempted to build, a space elevator?
For more than a century, the idea of a space elevator has belonged to the realm of science fiction: a colossal tether stretching from Earth into space, carrying cargo and people to orbit without the thunderous violence of rockets, their emissions, and residual debris. Today, however, scientists and»»»
Missile attack on Kyiv under way: AFP journalists
Kyiv came under attack from missiles in the early hours of Thursday, according to AFP journalists in the Ukrainian capital. After an alert, the journalists heard the sound of a missile and two explosions, and saw people running in the direction of shelters. Get updated faster and for FREE: Download»»»
Macron deploys Versailles’ gold, mirrors and history in a high-stakes courtship of Trump
PARIS: Donald Trump explained the appeal in one sentence: “Versailles is not gold leaf — Versailles is the real deal.” For Emmanuel Macron, that was precisely the point. On Wednesday night, the French president threw open Louis XIV’s palace to his US counterpart for a private reception, show and di»»»
Israel seizes more control in Hebron
Israel has moved to reduce the powers of Palestinian authorities in Hebron, one of the most volatile cities in the occupied West Bank, in a step Palestinians say violates a decades-old agreement and advances annexation. Finance Minister Bezalel Smotrich announced on Tuesday that Israel has “abolish»»»
After 111 days of war: Iran oil sales set to roar as sanctions relief could unleash billions, reshape global energy markets
During 111 days of fighting, the US military has left Iran's oil facilities, fully-laden crude oil tankers and much of its infrastructure intact. They were deliberate moves. The US naval blockade and devastating strikes left much of Iran's military weakened and its economy reeling. And if the emerg»»»
Trump takes back pastor’s endorsement in Oklahoma race after scandal - UPI.com
Jackson Lahmeyer, a Republican candidate for the House of Representatives in Oklahoma, dropped out of the race Wednesday after President Donald Trump rescinded his endorsement and supported Lahmeyer's opponent. File Photo by Gary I Rothstein/UPI | License Photo June 17 (UPI) -- Shortly after Presid»»»
Kane scores twice as England beat Croatia to launch World Cup charge
ARLINGTON, United States: Harry Kane scored twice in the first half as England eventually saw off Croatia 4-2 to launch their World Cup title assault in Texas on Wednesday. Jude Bellingham, immediately after half-time, and substitute Marcus Rashford with five minutes to go ensured a winning start f»»»
US in talks with Jamaica to send third-country migrants as rift widens in Caribbean
KINGSTON, Jamaica: Jamaica is in discussions with the United States to accept third-country deportees, a move that would add the island nation to a growing number of Caribbean countries working with the Trump administration on its immigration agenda. Jamaica's National Security Minister Dr. Horace »»»