Poland’s minimum wage becoming highest in EU after accounting for purchasing power
Poland ranks among the European Union countries with the relatively highest minimum wages after differences in living costs are taken into account, according to Eurostat data. In nominal terms, Luxembourg recorded the highest minimum wage, at EUR 2,771 per month, while Bulgaria had the lowest, at E»»»
ADNOC changes pricing method for Abu Dhabi crude from November
Abu Dhabi: ADNOC today announced an update to the Official Selling Price (OSP) methodology for its Abu Dhabi crude grades, following a regular commercial review. Effective 1 November 2026, ADNOC will transition from the current ICE Futures Abu Dhabi-based pricing methodology, which uses the Murban »»»
Half-Year Consolidated Fiscal Programme Deficit at EUR 2.4 Bln
Bulgaria has incurred a deficit of EUR 2,416.2 million (1.9% of projected GDP) under its Consolidated Fiscal Programme (CFP) as of June 30, 2026, the Finance Ministry reported on its website on Friday. The Ministry's data on the implementation of the state budget in the first half of 2026 match pre»»»
Russia puts Telegram founder Pavel Durov on international wanted list over terrorism allegations
Russia has charged Telegram founder Pavel Durov with assisting terrorist activity and begun procedures to place him on an international wanted list, sharply escalating the Kremlin's confrontation with one of the country's most prominent technology entrepreneurs. Russia's Federal Security Service ac»»»
Southport killer charged with aggravated battery, weapons offenses - UPI.com
British teen Axel Rudakubana, who was convicted of murdering three young girls in a knife rampage at a Taylor Swift-themed dance workshop in Southport in summer 2024, has been charged with new assault and weapons offenses. File photo courtesy Merseyside Police July 31 (UPI) -- The British teen serv»»»
2PointZero H1 net profit reaches Dh7.7 billion after investment gains
Abu Dhabi: 2PointZero Group reported net profit of Dh7.7 billion for the first half of 2026, supported by Dh2.2 billion from its operating businesses and one-off gains across its investment portfolio, including SpaceX and Anthropic. Get updated faster and for FREE: Download the Gulf News app now - »»»
Kyrgyzstan gained UN Security Council seat; now comes hard part
Kyrgyzstan’s election to a two-year term on the United Nations Security Council came after a diligent campaign to gain support for its candidacy. It means a Central Asian state will have a seat on the UN’s most powerful body for the second time since the collapse of the Soviet Union. Attention now »»»
Washington’s Saudi nuclear deal tests Israel’s prime minister
On 22 July 2026, the US Department of Energy announced that Washington and Riyadh had signed a civil nuclear cooperation agreement. It took the Middle East largely by surprise because it appeared to allow uranium enrichment, whilst dispensing with the international atomic watchdog’s snap inspection»»»
Confusion reigns after Trump’s US-Saudi nuclear condition
Since the 1970s, Robert Einhorn has played a prominent role on arms control and nuclear non-proliferation in the United States, either as a federal employee or as a think tank expert. Now a senior fellow at Brookings, he was previously a State Department Assistant Secretary for Non-Proliferation an»»»
Borouge keeps dividend plan after profit rise
Abu Dhabi: Borouge’s net profit rose 23% quarter on quarter to $191 million in the second quarter of 2026, while the company maintained its annual dividend intention of 16.2 fils per share. Get updated faster and for FREE: Download the Gulf News app now - simply click here.Revenue increased to $1.4»»»
Why billion-dollar fines may not dent Google’s dominance
Google has been fined by European regulators so many times that another billion-dollar penalty no longer feels extraordinary. The European Commission’s latest action imposed a combined €890 million (about $1.02 billion) in penalties after finding that Google breached parts of the Digital Markets Ac»»»
Kyrgyzstan gained UN Security Council seat; now comes hard part
Kyrgyzstan’s election to a two-year term on the United Nations Security Council came after a diligent campaign to gain support for its candidacy. It means a Central Asian state will have a seat on the UN’s most powerful body for the second time since the collapse of the Soviet Union. Attention now »»»
Egypt port strike shows US interests vulnerable across region: Analysts
Cairo: A drone strike on the Egyptian port of Damietta, the first attack on the country since the US-Iran war broke out, could be a high-risk message for American interests everywhere in the Middle East, analysts say. No party has claimed the strike on the Mediterranean port and Egypt has not assig»»»
Russian Foreign Ministry Calls Ukraine's Attack on Ships at CPC Marine Terminal Terrorist
MOSCOW (Sputnik) - Ukraine's overnight attack with UAVs on ships at the Caspian Pipeline Consortium (CPC) marine terminal is of terrorist nature, Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday. Earlier in the day, the CPC said that the Niffos Sifnos tanker flying the flag of »»»
Chile issues first-ever preventive hantavirus health alert - UPI.com
Staff members prepare for the cleaning of the cruise ship MV Hondius after its arrival in the Port of Rotterdam, the Netherlands, in May. Several passengers on the Hondius were infected with the hantavirus. Three people on board died. File Photo by Jeffrey Groeneweg/EPA SANTIAGO, Chile, July 30 (UP»»»
e& H1 revenue climbs 11.6% to Dh38.1b as subscriber base tops 251 million
Dubai: e& reported double-digit revenue growth for the first half of 2026 as its subscriber base expanded sharply across domestic and international markets, while the telecom and technology group continued reshaping its investment portfolio through asset sales. Get updated faster and for FREE: Down»»»
Iraq's balancing act gets harder as war between US and Iran widens
Strikes launched by the U.S. and Saudi Arabia against Iran-allied fighters in Iraq have put Iraq's government in a delicate position — and not for the first time. Since the 2003 U.S.-led invasion, Iraq has walked a tightrope between Washington and Tehran, seeking to avoid becoming a battleground fo»»»
Iraq's balancing act is only getting harder as war between US and Iran widens
Strikes launched by the U.S. and Saudi Arabia against Iran-allied fighters in Iraq have put Iraq's government in a delicate position — and not for the first time. Since the 2003 U.S.-led invasion, Iraq has walked a tightrope between Washington and Tehran, seeking to avoid becoming a battleground fo»»»
Romania’s land market enters repositioning phase amid stronger buyer leverage – Colliers
Romania’s land market remained active in the first half of 2026, although few large transactions were completed, with many deals still under negotiation or at the pre-contract stage amid uncertainty over energy costs, construction budgets and the domestic political environment, according to an anal»»»
Leonardo Badea (BNR) at ERMAS 2026: Economic research remains an integral part of the NBR’s institutional mission
The Annual Scientific Conference of the Romanian Academic Economists from Abroad (ERMAS) has become much more than an annual academic space for debates. It has established itself as a forum for rigorous dialogue on issues that are central to the advancement of sound economic and financial policies.»»»
One Abu Dhabi project generated Dh13 billion in sales for Modon within days
Dubai: Modon Holding reported Dh26 billion in property sales during the first half of 2026, including Dh23 billion in Abu Dhabi, after strong demand for new residential developments lifted revenue and expanded its future income pipeline. Sign up for our daily business newsletter, Cheques & Balances»»»
TECOM Group H1 recurring net profit rises 9% to Dh805 million
Dubai: TECOM Group will distribute an interim cash dividend of Dh440 million after recurring net profit increased 9% to Dh805 million during the first half of 2026. Sign up for our daily business newsletter, Cheques & Balances.The dividend is expected to be paid in August and follows a 12% increase»»»
ADNOC Drilling first-half profit rises to $706 million, dividends reach $525 million
Dubai: ADNOC Drilling shareholders are set to receive a second-quarter dividend of $262.5 million, equivalent to approximately 6 fils per share, after the company reported record revenue and profit for the first half of 2026. Sign up for our daily business newsletter, Cheques & Balances.The payment»»»
Gaza’s lighter shortage turns making tea into test of endurance
LONDON: Palestinians in the embattled Gaza Strip once flicked a lighter or pushed a button to make tea. Now, brewing a single cup can take mother of four Maysa Yousef nearly an hour as wartime shortages turn a simple flame into a luxury. As Israel’s war in Gaza grinds on, shortages of gas, a near-t»»»
First test of US-backed ‘pilot zones’ in south Lebanon lays bare difficulties
ZAWTAR AL-GHARBIYEH, Lebanon: A US-brokered plan for Israel to withdraw gradually from occupied areas of southern Lebanon in exchange for the disarmament of the Iranian-backed Hezbollah militia is off to a painfully slow start. To the US, the “pilot zone program” is the centerpiece of a June 26 fr»»»
GERB-UDF Prepares Constitutional Challenge against 2026 State Budget
GERB-UDF has prepared a constitutional challenge against the 2026 State Budget Act and is seeking backing from other parliamentary groups, GERB-UDF MP and former finance minister Temenuzhka Petkova told a briefing in Parliament on Wednesday, after President Iliana Iotova announced that she will pro»»»
Closing Bell: Saudi main index falls 1.25% to 10,544
RIYADH: Saudi Arabia’s Tadawul All Share Index fell 134.01 points, or 1.25 percent, to close Wednesday at 10,544.10. Total trading turnover reached SR5.29 billion ($1.41 billion), with 305.45 million shares changing hands. Market breadth was negative, with 199 stocks declining and 55 advancing. The»»»
Bahri H1 profit surges 421% as SAL posts double-digit earnings growth
RIYADH: Saudi Arabia’s National Shipping Co., known as Bahri, reported a more than fivefold jump in profit in the first half of 2026, while SAL Saudi Logistics Services Co. posted double-digit growth thanks to rising cargo demand. Bahri posted a net profit of SR4.89 billion ($1.30 billion) for the »»»
Dubai Metro Blue Line: Inside the 2,000-tonne machine digging tunnels beneath International City
Dubai: Almost 35 metres below the streets of International City, a 2,000-tonne machine is quietly carving out the future of Dubai’s public transport network. The machine, known as Al Wugeisha, is at the heart of the excavation works for the ambitious Dubai Metro Blue Line project. While progress on»»»
US Senate advances sweeping Russia sanctions bill
WASHINGTON: The US Senate advanced sweeping sanctions legislation targeting Russia’s energy revenues Tuesday, as Ukrainian President Volodymyr Zelensky visited Washington to press for stronger action against Moscow. Senators voted 86-12 to begin consideration of the bipartisan measure, clearing its»»»
Tensions rise between Syrians and Israeli forces in Yarmouk Basin region
DAMASCUS: Tensions are mounting between the locals and Israeli forces in the Yarmouk Basin region in the western countryside of Daraa, southern Syria. On Monday, residents responded to incursions by the Israeli army by re-closing roads to its patrols and distributed leaflets in response to Israeli »»»
Germany: Low Rhine River levels could weigh down economy
ClimateGermany: Low Rhine River levels could weigh down economyRichard Connor with dpa, ReutersRecord-low water levels on the Rhine are forcing cargo vessels to run with sharply reduced loads, driving up transport costs. Economists warn the disruption could wipe out Germany's already weak summer gr»»»
Europe's summer heat has broken the Bell curve, as record El Niño builds
This summer’s extreme temperatures have broken the normal “Bell curve” distribution of temperature variations and pushed it sharply to the right into record breaking highs. This is not normal – literally. That is the other name for the Bell curve: “the normal distribution.” First you’ll need a quic»»»
Europe's summer heat has broken the Bell curve, as record El Niño builds
This summer’s extreme temperatures have broken the normal “Bell curve” distribution of temperature variations and pushed it sharply to the right into record breaking highs. This is not normal – literally. That is the other name for the Bell curve: “the normal distribution.” First you’ll need a quic»»»
Constitutional Challenge Against State Budget to Be Filed After Law Is Gazetted
The constitutional challenge against the state budget will be filed after the law is published in the State Gazette, Vladislav Goranov of GERB-UDF told journalists in parliament on Tuesday. He added that talks are under way with representatives of parliamentary groups that did not support the state»»»
Likelihood of return among Romanian diaspora significantly drops after five years abroad – MKOR study
Romanians living abroad are increasingly settled in their host countries, while maintaining strong economic and civic ties with Romania, according to the MKOR “Diaspora Sentiment 2026” study. While 61% of respondents have invested money in Romania and 65% voted in the country’s latest parliamentary»»»
Abrudean: It is unlikely that the pay bill will be included on the agenda for the extraordinary session
The President of the Senate, liberal Mircea Abrudean considers that, as things are now, it is unlikely that the pay draft law will be included on the agenda for this extraordinary session, adding that there is no problem if there is another extraordinary session, as this draft law must be adopted.H»»»
Fertiglobe Q2 2026 EBITDA doubles to $371m as H1 dividend set to rise 20%
Dubai: Fertiglobe shareholders could receive a dividend of at least $150 million for the first half of 2026 after the company more than doubled its quarterly adjusted earnings. Sign up for our daily business newsletter, Cheques & Balances.The proposed distribution, equivalent to 6.73 fils per share»»»
How Ukraine’s attack on Iranian ship in Caspian Sea blurred the lines between two wars
LONDON: With the attack by Ukraine on an Iranian ship in the Caspian Sea on Saturday, the boundaries between the world’s two largest ongoing wars are blurring, threatening to complicate already mired efforts to bring either to a peaceful conclusion. Hours after the early morning attack, Ukrainian P»»»
Kuwait Ratifies Landmark Defense Agreement With Pakistan
Kuwait has officially ratified a broad defense cooperation pact with Pakistan that was signed in June 2023. The ratification follows high-level military contacts between the two countries "This agreement reintroduces Pakistan as a direct security stakeholder in the Gulf, beyond its traditional role»»»
Hungary's Viktor Orban calls for "national resistance" in first major speech after election defeat
Former prime minister Viktor Orban used his annual address at the Baile Tusnad summer university in Romania to outline Fidesz's strategy after its April election defeat, calling on supporters to organise a broad "national resistance" movement against what he described as the increasingly authoritar»»»
US Can't Come to Saudi Arabia’s Rescue in Bab el-Mandeb Without Risking Overstretch – Expert
Tensions in the Gulf are spilling over into the Bab el-Mandeb Strait, putting additional pressure on Saudi Arabia, but the US is unlikely to open a second front, Ankara-based security analyst Dr. Hasan Selim Ozertem tells Sputnik. "Strategically, it would force Washington to choose between protecti»»»
UAE travellers become more selective amid high summer airfares, regional turbulence
Dubai: Flight operations have largely stabilised across the Middle East, but many UAE residents are continuing to postpone their holidays as high airfares, uncertainty over regional tensions and economic pressures weigh on travel demand, according to travel agents. While airlines continue to operat»»»
Kuwait Ratifies Landmark Defense Agreement with Pakistan
Kuwait's move signals recognition that multipolarity in defining relations is now essential for resilience in an increasingly fragmented regional order, experts said. Kuwait has officially ratified a broad defense cooperation pact with Pakistan that was signed in June 2023. The ratification follows»»»
Another brutal heat dome arrives - what to expect this week
A weak cold front on Monday will offer little in the way of relief, with searing heat set to return in the second half of the week. Barely has the previous heat dome passed than, according to HungaroMet, several days of peak temperatures between 33C and 38C are again on the cards. Meanwhile, a prol»»»
Hungary's Viktor Orban calls for "national resistance" in first major speech after election defeat
Former prime minister Viktor Orban used his annual address at the Baile Tusnad summer university in Romania to outline Fidesz's strategy after its April election defeat, calling on supporters to organise a broad "national resistance" movement against what he described as the increasingly authoritar»»»
Former PM Morawiecki's faction splits from Poland’s PiS before crucial election
Poland’s largest opposition party fractured on July 24 after former Prime Minister Mateusz Morawiecki and his loyalists rejected an ultimatum from Law and Justice (PiS) chairman, Jarosław Kaczyński, to abandon their in-party Rozwój Plus (Development Plus) association. “Thirty-something” MPs ha»»»
Israeli ex-army chief emerges as main rival to Netanyahu ahead of general election
Former military chief Gadi Eisenkot has emerged as the principal challenger to Prime Minister Benjamin Netanyahu as Israel prepares to vote in a fiercely contested general election on October 27. Eisenkot's campaign is built around a 10-point platform that he says will restore Israel's se»»»
Russia's central bank cuts rate to 14% in surprise move, lifts inflation forecast to 6%-7%
Russia's central bank cut its key interest rate by 25 basis points to 14% on July 24, defying a market consensus for no change, while raising its 2026 inflation forecast to 6%-7% and cutting its GDP growth forecast to 0%-1%, according to the regulator's press release. Given the growing severity of »»»
Israeli ex-army chief emerges as main rival to Netanyahu ahead of general election – Ya Libnan
Share: Former Israeli army chief Gadi Eisenkot has emerged as the main challenger to Prime Minister Benjamin Netanyahu in the upcoming elections. © Jack Guez, AFP Former military chief Gadi Eisenkot has emerged as the principal challenger to Prime Minister Benjamin Netanyahu as Israel prepares to v»»»