Pentagon chief denies US facing munitions stockpile shortage
WASHINGTON: US Defense Secretary Pete Hegseth denied that the American military was facing a munitions stockpile shortage, saying on Sunday that it was a “manufactured story” peddled by the media. Hegseth’s comments came hours before the United States and Iran said they reached a deal to end the Mi»»»
6.2-magnitude quake strikes off southern Philippines
Dubai: A magnitude 6.2 earthquake struck offshore waters southeast of Mindanao on Monday afternoon, according to the Philippine Institute of Volcanology and Seismology (DOST-PHIVOLCS). Get updated faster and for FREE: Download the Gulf News app now - simply click here.In an advisory issued at 5.18p»»»
BCR raises RON 1 billion through a new bond issue
This is the largest corporate issuance of the year on the Bucharest Stock Exchange and the largest issuance in RON by a Romanian corporate issuer for the 2024–2026 period, with the exception of BCR’s November 2025 issuance in RON, amounting to RON 1.125 billion. “We entered the market at a time whe»»»
FIDELIS bonds June issue offers tax-free interest of up to 7.60%
The Finance Ministry is launching a new FIDELIS government bond issue between 15 and 22 June 2026, with tax-free interest rates of up to 7.60% for lei-denominated bonds and up to 6.80% for euro-denominated bonds. The June edition also includes two special tranches for blood donors, introduced in th»»»
Real Madrid confirm Cucurella signing from Chelsea
Madrid: Real Madrid announced the signing of Spanish defender Marc Cucurella from Chelsea on Monday, for a fee reported to be 55 million euros ($63.8 million). "Real Madrid and Chelsea have reached an agreement for the transfer of the player Marc Cucurella, who will join our club for the next six s»»»
6.3-magnitude quake hits Mindanao, Philippines
Hong Kong: An earthquake with a magnitude of 6.3 jolted Mindanao, Philippines, at 0918 GMT on Monday, the GFZ German Research Center for Geosciences said. The epicenter, with a depth of 116.8 km, was initially determined to be at 6.14 degrees north latitude and 126.85 degrees east longitude.»»»
Egypt's auto sales leap 24.3% YoY in April 2026 Arab Finance For Information Technology
Arab Finance: Egypt’s auto sales grew by 24.3% year-on-year (YoY), registering 15,333 units in April 2026, compared to 12,337 units, according to data from the Automotive Market Information Council (AMIC). Sales of passenger cars jumped by 13.4% to 11,156 vehicles from 9,836 units, while bus sales »»»
Former NBA All-Star Baron Davis says ‘future of Abu Dhabi is bright’ as junior league concludes in Abu Dhabi
ABU DHABI: Former NBA All-Star Baron Davis believes the future of basketball in Abu Dhabi is promising as the emirate continues to invest in youth development and grassroots participation. Speaking to Arab News during the Jr. NBA/Jr. WNBA Abu Dhabi League Finals, Davis praised the growth of the gam»»»
Deadly strikes on Ukraine leave Kyiv cathedral in flames
Kyiv: A barrage of missiles fired at several major Ukrainian cities set Kyiv’s historic Dormition Cathedral on fire and killed eleven, while Ukraine strikes claimed three lives in a city south of Moscow. AFP journalists across Kyiv witnessed residents running through the streets seeking shelter thr»»»
UAE calls for full compliance with US-Iran memorandum of understanding
Abu Dhabi: The UAE has stressed the importance of dialogue, diplomacy and adherence to international law following the announcement of an agreement on a memorandum of understanding between the United States and Iran. In a statement on Monday, the Ministry of Foreign Affairs underscored the importan»»»
Kyrgyzstan faces shortage of speech therapists and special education teachers - | 24.KG
Kyrgyzstan is experiencing a severe shortage of speech therapists and special education teachers. This is leading to a shortage of such personnel in educational institutions across the country. Durus Kozuev, Deputy Minister of Science, Higher Education, and Innovation, stated at a meeting of the Zh»»»
Magyar government's decision about the EU's Migration Pact
Hungary continues to reject the European Union’s Migration Pact in its current form, therefore the government has not completed a plan for its implementation in Hungary and it is “not planning to submit such a document in future“, the interior minister said in parliament’s European affairs committe»»»
Blood sport at the White House for Trump's 80th birthday
Washington, United States: US President Donald Trump celebrated his 80th birthday with a brutal display of political machismo Sunday, turning White House lawn into an arena for a bloody evening of cage fights. In unprecedented scenes in the revered seat of American democracy, Trump sat with thousan»»»
Egypt's auto sales leap 24.3% YoY in April 2026 Arab Finance For Information Technology
Arab Finance: Egypt’s auto sales grew by 24.3% year-on-year (YoY), registering 15,333 units in April 2026, compared to 12,337 units, according to data from the Automotive Market Information Council (AMIC). Sales of passenger cars jumped by 13.4% to 11,156 vehicles from 9,836 units, while bus sales »»»
How companies can strengthen their competitive edge through financing mechanisms and tax incentives – EY
In a geopolitical and economic context defined by constant pressure on liquidity and a continuous need for investment, companies in Romania are facing an increasingly complex reality. While in the past competitive advantage was supported mainly by lower costs and skilled human resources, today it d»»»
Gold shoppers face higher rates after Dubai prices rebound from last week’s lows.
Dubai: Gold prices in Dubai jumped on Monday, reversing last week’s drop and pushing retail rates back near the levels seen earlier this month. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and India.) Sign up for our daily business newsletter, »»»
World Leaders Welcome MoU Ending US-Imposed War on Iran
A wave of international acclaim swept across the global stage Sunday as world leaders welcomed the landmark memorandum of understanding between Iran and the United States, hailing the agreement that brings an immediate and permanent end to what many described as the US‑Israeli war of aggression aga»»»
PM, Economy Minister Attend Opening of Alcomet's New Production Facilities in Shumen
Bulgaria's Prime Minister Rumen Radev and Minister of Economy, Investments and Industry Alexander Poulev attended the inauguration of new production facilities developed under Alcomet AD's Priority Investment Project in Shumen on Monday. The company is Bulgaria’s largest producer of rolled and extr»»»
Abu Dhabi maintains 25 pedestrian bridges and 38 tunnels to improve safety
Abu Dhabi City Municipality is continuing efforts to improve pedestrian safety and mobility through an integrated project covering the operation and maintenance of bridges, tunnels and other pedestrian facilities across Abu Dhabi Island and the mainland. The municipality said the project forms part»»»
RTPR advises Provectus Capital Partners on its first investment in Romania
RTPR has assisted regional private equity fund active in South-Eastern Europe Provectus Capital Partners in relation to the acquisition of a majority stake in Seatbelt Consulting, Romania’s market leading provider of ...»»»
COFACE: Insolvencies are on the rise again against a backdrop of a deteriorating economic climate
The global business climate is deteriorating at an accelerating pace: business insolvencies surged by 12% in early 2026, driven by North America (+22%). Against a backdrop of geopolitical tensions and mounting cost pressures, Coface now forecasts a 6% rise in insolvencies worldwide for 2026. Key po»»»
Raiffeisen Bank launches the Diaspora Package for Romanians living abroad
Raiffeisen Bank is launching Diaspora, a checking account and benefits package designed specifically for Romanians living and working abroad. It was developed based on the actual needs identified among this community and validated by the high level of interest generated during the pre-launch campai»»»
Insurers paid over EUR 1.15 million per day for life insurance policies in 2025
Romania's insurers paid on average over 1.15 million euro per day in 2025 to life insurance policyholders, with the total amount of claims paid exceeding 421 million euro, increasing by 12% compared with the previous year, according to the National Association of Insurance and Reinsurance Companies»»»
EIB governors endorse strategy to expand investment in energy, technology, and defence
The Board of Governors of the European Investment Bank (EIB), comprised of European Union Finance Ministers, endorsed the Bank’s strategy to deliver on shared policy priorities, with increased financing and risk appetite, deploying its full potential to mobilise investments for energy autonomy, tec»»»
Kyrgyzstan increases funding to fight HIV - | 24.KG
Kyrgyzstan, along with other countries, is increasing funding to fight HIV, the UN News Service reports. According to a new report from the Joint United Nations Programme on HIV/AIDS (UNAIDS), the fight against HIV is currently facing a serious crisis—a decline in external funding, restrictions on »»»
Earthquake registered near border of Kyrgyzstan and China - | 24.KG
An earthquake was recorded in Issyk-Kul region, the Institute of Seismology reported. According to experts, the tremors occurred around 4 a.m. in China. The epicenter was located 143 kilometers southeast of Karakol city. The earthquake's intensity at its source was up to 3.0 on the Richter scale. N»»»
Mass brawl near café in Tokmok leaves young man hospitalized - | 24.KG
Police in Tokmok are investigating the circumstances of a mass brawl that occurred near Ala-Too café. According to law enforcement authorities, information about a conflict involving several individuals was received on June 14. The incident has been officially registered, and investigative and oper»»»
Kumtor begins development of Togolok deposit - | 24.KG
One of the largest projects in the history of Kyrgyzstan’s mining industry has officially begun in the highlands of Issyk-Kul region — the development of Togolok gold deposit. The project is considered strategically important for the country’s economy and, for the first time in independent Kyrgyzst»»»
ADB budget support lifts Bangladesh's forex reserves to over 35bn USD
Dhaka: Bangladesh's gross foreign exchange reserves rose to 35.63 billion U.S. dollars on Sunday after the country received more than 1 billion U.S. dollars in budget support loan from the Asian Development Bank (ADB), the latest central bank data showed. According to the International Monetary Fun»»»
Dinar-to-euro exchange rate at RSD 117.3840
BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.3840 dinars for one euro on Monday, which is a slight change relative to Friday, the National Bank of Serbia said. The dinar is steady against the euro m-o-m, down by 0.1 pct y-o-y and down by 0.1 pct relative to t»»»
Vucic to visit Georgia
BELGRADE - Serbian President Aleksandar Vucic will be on an official visit to Georgia from Monday to Wednesday, June 17, the presidential press office has announced. While in Tbilisi, Vucic will meet with President Mikheil Kavelashvili, PM Irakli Kobahidze, Parliament Speaker Shalva Papuashvili and»»»
SK Group chief, ex-wife fail to reach agreement in court mediation for asset division - UPI.com
SK Group Chairman Chey Tae-won arrives at the Seoul High Court in southern Seoul on Monday to attend a mediation session on their asset division. Pool photo by Yonhap SK Group Chairman Chey Tae-won and his former wife, Roh Soh-yeong, failed to reach an agreement in a court mediation session for the»»»
Lebanon Speaker Berri Welcomes Iran-US MOU, Hails Lebanon’s Inclusion in Agreement
Lebanese Speaker of Parliament Nabih Berri welcomed on Monday the announced Memorandum of Understanding between Iran and the United States, highlighting in particular its regional scope and its inclusion of Lebanon. “The memorandum lays the foundations for security and stability in the region, incl»»»
Tourism Minister Dimitrov: Bulgaria to Negotiate with Airlines for New Charter Programs
Bulgaria will begin negotiations with airlines for new charter programs in an attempt to restore the German tourist market, which has been experiencing a serious decline in recent years, Tourism Minister Ilin Dimitrov said on Monday. Dimitrov, who attended the opening of the Experience Bulgaria 202»»»
Riyadh Air begins Jeddah service with inaugural domestic flight
RIYADH: King Abdulaziz International Airport on June 14 welcomed the first domestic flight of Riyadh Air, the new national carrier of Saudi Arabia. The launch is part of the airline’s domestic network expansion, initially offering two daily flights between Riyadh and Jeddah. This initiative aims to»»»
Chinese rocket launches 8 satellites into orbit
Jiuquan: China on Monday launched a Lijian-1 Y14 carrier rocket with eight satellites onboard. The rocket blasted off at 1144 a.m. (Beijing Time) from a commercial space innovation pilot zone in northwest China and successfully sent its payload into the planned orbit. All the satellites onboard are»»»
Gold rises over 2 percent
Singapore: Gold rose by more than 2% on Monday following the conclusion of an agreement on a memorandum of understanding between the United States and Iran, which led to a decline in oil prices and eased concerns about inflation and rising interest rates. Spot gold climbed 2.5% to $4,322.87 per oun»»»
Preparations intensify for the annual changing of the Kaaba's covering
Dubai: As Muslims around the world prepare to welcome the new Hijri year, preparations are under way at the Grand Mosque in Mecca for the annual replacement of the Holy Kaaba's Kiswa, one of the most significant rituals associated with Islam's holiest site. The process, which culminates on the firs»»»
S. Korea's Lee says 'ember of hope' for dialogue with North still exists - UPI.com
South Korean President Lee Jae Myung said Sunday that the "ember of hope" for dialogue and cooperation with North Korea still exists. Lee made the remark during a speech at a mass held at the Basilica of Saint Paul Outside the Walls in Rome. Photo by Yonhap SEOUL, June 15 (UPI) -- South Korean Pres»»»
Seoul stocks up for 3rd day to land above 8,500 on U.S.-Iran deal - UPI.com
This photo, taken Monday, shows the trading room of Hana Bank in Seoul as South Korean stocks rose more than five percent to close above the 8,500-point mark on the back of an agreement to end the U.S.-Iran war. Photo by Yonhap Seoul stocks closed sharply higher Monday to extend their winning strea»»»
Head of Sofia Directorate of Interior Reports Numerous Instances of Illegal Street Racing
A significant number of people participate in illegal street racing in Sofia, Senior Commissioner Nikolay Peltekov, acting head of the Sofia Directorate of Interior (SDI), told reporters on Monday while commenting on an ongoing operation to boost road safety. Peltekov reported that an email address»»»
QSE index opens higher
Doha, Qatar: The Qatar Stock Exchange (QSE) general index opened higher on Monday, gaining 83.23 points, or 0.80%, to reach 10,544 points, compared to the previous session's close, supported by all sectors. Market data showed gains in the Industrials sector by (+0.17%), Insurance (+0.19%), Telecoms»»»
US-Iran deal tests fragile regional balance as Israel, Hormuz shape next phase
Dubai: A fragile US-Iran agreement to halt hostilities has been sealed — but not on the same timeline, and not in the same narrative — turning a breakthrough moment into a carefully choreographed duel over symbolism, timing and credit. Also Read: US–Iran deal talks: Pakistan signals 24-hour breakth»»»
Israeli officials slam Trump’s Iran deal as ‘catastrophe’ – Ynet
Israeli officials feel sidelined by the emerging US-Iran peace deal and are furious with what they believe amounts to a “catastrophe” that fails the objectives set prior to the war, according to a report by the Israeli outlet Ynet. According to the reported terms, the agreement would reopen the Str»»»
Pakistan military aircraft crashes, killing two pilots
Islamabad, Pakistan: A Pakistani military aircraft crashed in the northwest of the country on Monday killing both pilots, officials said. The crash, near the city of Mardan, was the second deadly military air disaster in less than a week after an army helicopter crashed in Pakistan-administered Kas»»»
Shanina Shaik is Australian fashion’s latest star
DUBAI: Part-Saudi model Shanina Shaik is promoting a clutch of Australian brands on social media, starring in a campaigns after hitting the runway at Australian Fashion Week earlier this year. The model is quickly becoming the face of Australian fashion, with brands seemingly banking on her interna»»»
Working through the heat: UAE outdoor staff share how they stay safe
Dubai: As summer temperatures peak across the UAE, outdoor workers say staying safe on the job depends on strict hydration routines, regular breaks, and adherence to heat-safety rules, including the midday work ban. Workers told Gulf News that while the heat presents daily challenges, government sa»»»
International Mixed Martial Arts President's Cup ends in Bishkek - | 24.KG
President’s Cup of the MMA Association of the Kyrgyz Republic was held in Bishkek according to the rules of Kulatuu WEF-Amateurs and UWW Pankration MMA. The grand opening of the competition took place with the participation of the Chairman of the State Committee for National Security and the Presid»»»
Saudi inflation remains contained at 1.8% in May: GASTAT
RIYADH: Saudi Arabia’s annual inflation rate edged up to 1.8 percent in May with housing rents continuing to drive price gains in the Kingdom, official data showed. According to the latest report released by the General Authority for Statistics, the Kingdom’s Consumer Price Index edged up 0.2 perce»»»
Al-Manar correspondent reports constant buzz of Israeli drones over Beirut’s southern suburb (Dahiyeh) - Al-Manar TV Lebanon
Secretary's SpeechLebanon PalestineZionist EntityRegional and International International More Video Language Ar En Fr EsSubscribe for Weekly Updates Subscribe Al-Manar correspondent reports constant buzz of Israeli drones over Beirut’s southern suburb (Dahiyeh) 15-06-2026 11:09 AM Latest News Urge»»»