UK Prime Minister Keir Starmer announces resignation
British Prime Minister Keir Starmer says he is stepping down as leader of the governing Labour Party. Starmer says he will remain caretaker prime minister until a new Labour leader is chosen in the next few weeks. Starmer made the announcement after facing growing pressure to hand over to a new lea»»»
Explosion as Qatar restarts gas export terminal hurts 54 and leaves 18 missing
An explosion tore through Qatar's key natural gas export terminal Sunday night as workers tried to resume operations there after Iran bombed it during the war, causing a fire that hurt at least 54 people as another 18 were still missing hours later. The blast at the Ras Laffan industrial area could»»»
Mediators Announce Lebanon “De-Confliction Cell”
Iran and the United States agreed Monday to set up communications lines to end fighting in Lebanon, mediators Pakistan and Qatar said, after their first round of talks in Switzerland toward ending the war in the Middle East. Pakistan and Qatar said the talks took place in “a positive and constructi»»»
Spotlight - The last hours of Starmer?
Ten years after Britain voted to leave the European Union, the UK could once again be facing a dramatic change in leadership. Prime Minister Keir Starmer is under mounting pressure amid growing speculation about his political future, with reports suggesting support within his own party is weakening»»»
Former Egyptian judge gets life sentence for fatally shooting ex-wife in crowded promenade
Dubai: An Egyptian court has sentenced a former judge to life imprisonment after convicting him of fatally shooting his ex-wife at a public promenade in the city of 6th of October, a case that drew widespread attention in the country, local media reported. The Giza Criminal Court found the defendan»»»
Syria president denies wanting to intervene in Lebanon after Trump remarks
Syrian President Ahmed al-Sharaa has denied that his country sought to intervene militarily in Lebanon where Israel and Hezbollah are at war, after U.S. President Donald Trump repeatedly suggested Damascus could get involved. "We are looking for economic channels between Lebanon and Syria, not mili»»»
Mining, manufacturing drive 5.1% rise in Saudi industrial output
RIYADH: Saudi Arabia’s Industrial Production Index expanded 5.1 percent in 2025 from a year earlier, driven by growth across mining, manufacturing and utility sectors, according to official data. The Kingdom’s IPI reached 110.4 points in 2025, up from 105.1 in 2024 and 107.5 in 2023, the General Au»»»
Raiffeisen Asset Management: €1.73 billion in assets under management and over 330,000 investors
In 2026, Raiffeisen Asset Management (RAM) will mark two decades of presence in the local market, consolidating its position as a leading player in Romania’s investment management industry. Twenty years after its founding, RAM manages approximately 15% of the financial assets of the Raiffeisen Grou»»»
Mara Cristea is the new CFO and Deputy CEO of Intesa Sanpaolo Bank Romania
Intesa Sanpaolo Bank Romania announces the appointment of Mara Cristea as Chief Financial Officer (CFO) and Deputy Chief Executive Officer, following approval from the National Bank of Romania. The appointment comes at a landmark moment for the institution. The completion of the merger with First B»»»
ING Bank Romania launches a new online experience for SMEs
ING Bank Romania is launching a new online experience for SMEs through ING Business Web. Entrepreneurs can now see, in one place, all financing options for which their company is eligible, automatically calculated, and can apply for credit directly through the digital platform. The new experience b»»»
BCR Raises RON 1 Billion Bond
Banca Comerciala Romana (BCR) has successfully completed a new senior non-preferred bond issuance worth RON 1 billion, with a seven-year maturity and a call option after six years (7NC6). The bonds were issued at par value with a fixed annual coupon of 7.77% and a spread of 95 basis points above th»»»
Netopia Payments Appoints a New CEO
Netopia Payments, a Romanian online payment processors, has appointed Raluca Micu as its new Chief Executive Officer.The appointment marks a new stage for the company, as it undergoes the authorization process to become a payment institution regulated by the National Bank of Romania and expands its»»»
Competition Council reviews Raiffeisen takeover GarantiBank
The Competition Council is analyzing the transaction through which Raiffeisen Bank S.A. intends to acquire Garanti Bank S.A. and Motoractive IFN S.A., as well as Motoractive Multiservices S.R.L., a company owned by Motoractive IFN S.A.Raiffeisen Bank S.A., a subsidiary of Raiffeisen Bank Internatio»»»
Survey: Eight in ten Romanians view current taxation as excessive
Eight in ten Romanians say taxation is excessive, signalling that the taxpayer's relationship with the state is marked by frustration and distrust, according to a study by the APSAP Training Centre.Public perception goes beyond tax levels: many feel the state demands more while offering little in r»»»
Romania's distressed-asset listings nearly double to EUR 1.766 bln by end-May
The value of Romania's distressed assets listed for sale reached EUR 1.766 billion by the end of May 2026, almost double the amount recorded between January and April, shows a consolidated analysis by azitis.com, the digital auction platform for distressed assets.The report covers assets auctioned »»»
ROBOR's evolution appears consistent with comparable interbank rates in the region
The evolution of ROBOR is consistent with the monetary policy framework and inflation, the main economic benchmarks influencing money market interest rates, according to Csaba Balint, a member of the Board of the National Bank of Romania (BNR), in an article published on Thursday on the BNR Opinii »»»
Romanian financial and banking sector firmly rejects accusations regarding alleged manipulation of ROBOR
The Romanian financial and banking sector firmly rejects the accusations regarding the alleged manipulation of ROBOR and warns that the position of the Competition Council regarding the adoption of a decision to sanction market participants risks seriously affecting public trust, financial stabilit»»»
Partly cloudy weather Monday
Tunis, June 22 (TAP) – The weather will be temporarily cloudy on Monday in the north and center of the country, and mostly clear in the south, according to a bulletin issued by the National Institute of Meteorology (INM).Maximum temperatures will...»»»
Sharjah announces key changes to truck routes on Emirates Road
Sharjah: New traffic measures regulating truck movement on Emirates Road will come into effect on Tuesday, June 23, 2026, as part of ongoing development works aimed at improving traffic flow and enhancing road safety. The Sharjah Roads and Transport Authority, in cooperation with the Ministry of En»»»
Confirmed Ebola cases in Congo outbreak top 1,000 with 254 deaths, authorities say
BUNIA: Confirmed cases in the Ebola outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said in a statement late Sunday, as tracing those who had been in contact with patients remains a major challenge. A total of 100 people have recovered in the outbreak concentrated in t»»»
Israeli strikes leave ancient coastal city of Tyre shaken
The dust has barely settled in Tyre after weeks of Israeli airstrikes on the ancient city along Lebanon's Mediterranean coast. Despite the relative calm, life remains largely at a standstill. A new ceasefire is in effect. But previous ceasefires have broken down. Uncertainty and fear linger, even a»»»
Cautious calm in Lebanon after 'major progress' in US-Iran talks
There was cautious calm Monday in Lebanon, with no Israeli strikes reported overnight after a day of quiet Sunday. Hezbollah likewise has not announced any attacks on Israeli forces since Saturday. Israel on Sunday announced the lifting of all restrictions imposed on northern border areas as part o»»»
Saudi construction cost growth remains subdued at 0.2% in May: GASTAT
RIYADH: Saudi Arabia’s Construction Cost Index edged up 0.2 percent in May from the previous month, reflecting relatively stable pricing across the Kingdom’s building sector, official data showed. According to the latest report by the General Authority for Statistics, the index was 2.6 percent high»»»
QSE Index falls 0.11% at start of trading
Doha, Qatar: The Qatar Stock Exchange (QSE) general index opened lower on Monday, losing 11.49 points, or 0.11%, to reach 10,469 points, compared to the previous session's close, under pressure from five sectors. Market data showed declines in the Real Estate sector by 0.11%, Telecoms (-0.12%), Con»»»
NASA prepares to launch 'Nancy Grace Roman' telescope
Washington, USA: NASA has begun final preparations for the launch of the Nancy Grace Roman space telescope, one of its most prominent astronomical projects during the current decade, after it arrived in Florida in preparation for its scheduled launch in August. The agency explained that the telesco»»»
Mourners gather in Beirut to pay respects to conservationist who died after Israeli strike
Mourners gathered Sunday in Beirut to pay their respects to a much-loved Lebanese conservationist who died after succumbing to wounds sustained in an Israeli strike on her home on the country's southern coast. Mona Khalil, who spent more than two decades protecting sea turtles along Lebanon's coast»»»
Palestinian West Bank at risk of biggest Israeli land grab in decades, RT reports
Israel has earmarked broad swathes of the West Bank for scores of new settlements, a move that could isolate Palestinian villages and tighten