The confidence indicator rose in June, supported by better-than-expected progress in reducing the budget deficit and a period of relative calm in the conflict involving Iran. However, it remains at levels consistent with a recessionary environment, according to Adrian Codirlasu, President of the CF»»»

Romania and Albania have an undertapped potential for economic cooperation, and intensifying dialogue on taxation and the legal framework applicable to companies could contribute to the development of bilateral relations, according to Chairman of the Chamber of Commerce and Industry of Romania (CCI»»»

Acting Prime Minister Ilie Bolojan stated on Thursday that the operations of the National Agency for Cadastre and Land Registration (ANCPI)?halted following a cyberattack?could resume next week. He noted that the migration to the government cloud is nearing completion and that a security assessment»»»

At its weekly meeting on Thursday, the Government approved, by decision, the 2026-2034 Better Regulation Strategy, which sets out how public policies and decisions will be prepared, consulted upon and evaluated over the coming years.According to a Government press release, the strategy represents a»»»

The President of India, Droupadi Murmu, was received on Thursday by President Nicusor Dan at Cotroceni Palace.She is on a state visit to Romania until Saturday, at the invitation of the Romanian side.The official talks between the two heads of state will focus on strengthening the expanded partners»»»

Dubai: More UAE residents chose Ras Al Khaimah for short breaks in the first half of 2026, helping the emirate welcome more than 670,000 visitors despite disruption to international travel across the region. Sign up for our daily business newsletter, Cheques & Balances.The visitor count was the emi»»»

It has never been easy for JD Vance to have an impact on public consciousness. Back in the dying days of Joe Biden’s presidency, Donald Trump’s followers were bewildered by his choice of running mate. Vance, still only 41, was then a relative unknown beyond those who had read his book on his ‘hillb»»»

Doha, Qatar: The Future Skills Office at the Institute of Public Administration, under the Civil Service and Government Development Bureau (CGB), is advancing efforts to prepare Qatar’s national workforce for the rapidly evolving demands of the future by equipping citizens with the skills and knowl»»»

President Iliana Yotova met with European Commissioner for Start-ups, Research and Innovation Ekaterina Zaharieva to discuss the European Union's next Multiannual Financial Framework for 2028-2034, with the talks focusing on competitiveness, innovation, artificial intelligence, and the future distr»»»

PLG Group has signed an agreement to acquire Romanian ticketing platform iaBilet from private equity firm Resource Partners and the company’s founders. The transaction was signed on May 20 and remains subject to customary closing conditions and regulatory approvals. iaBilet’s founders will remain i»»»

Dubai: Dubai’s taxi and limousine market began to recover in June after a difficult second quarter, with the year-on-year decline in trips narrowing to 11.2% from 36.7% in April. Sign up for our daily business newsletter, Cheques & Balances.The improvement came after weaker airport and tourism-rela»»»

Dubai: Union Properties is progressing plans for a new Dh2 billion residential community as the Dubai developer moves ahead with an approximately Dh4 billion project pipeline following a 68% increase in first-half revenue. Sign up for our daily business newsletter, Cheques & Balances.bThe planned m»»»

President Donald Trump's administration has imposed new tariffs on imports from 60 trading partners under a sweeping trade action aimed at pressuring governments to strengthen bans on goods produced with forced labor. The measures, announced under Section 301 of the Trade Act of 1974, affect 99.4% »»»

LONDON: British Prime Minister Andy Burnham will open his newly created northern office on Friday, as he bids to launch his flagship policy of reversing decades of centralizing power over England in London. Ahead of officially opening his “Number 10 North” hub in Manchester, Burnham — who replaced »»»

Although the Formula 1 Hungarian Grand Prix takes place at the Hungaroring, fans can also attend numerous related events in the capital. Most of these are free, but since it’s hard to keep track of them all, we’ve put together an overview of these events. Written by Tamás Szikora Formula 1 Cars in »»»

A US review panel on Thursday recommended loosening restrictions on multiple trendy peptides, endorsing proposals that specialised pharmacies be allowed to produce such substances despite alarm bells from medical experts over safety concerns. Get — updated faster and for FREE: Download the Gulf New»»»

Doha, Qatar: The Ministry of Commerce and Industry (MoCI) has reaffirmed its commitment to safeguarding consumer rights, reporting strong achievements during the first half of 2026 through a combination of regulatory oversight, consumer services, and market inspection campaigns. MoCI in a social me»»»

ALMUSSAFES, Spain — US carmaker Ford and China's Geely will create a joint venture at Ford's troubled Valencia plant in eastern Spain, where they plan to produce four new models for the European market, the companies said on Thursday.Ford will hold a 66 per cent stake in the venture and Geely the r»»»

Mileo Hotels has announced a new international expansion strategy that places local expertise at the centre of its long-term growth plans, with founder Yasam Ayavefe saying future success in hospitality will depend on understanding individual destinations rather than replicating the same operating »»»

Dubai: Dubai’s taxi and limousine market began to recover in June after a difficult second quarter, with the year-on-year decline in trips narrowing to 11.2% from 36.7% in April. Sign up for our daily business newsletter, Cheques & Balances.The improvement came after weaker airport and tourism-rela»»»

Kyrgyzstan leads the EAEU in foreign exchange market growth. In 2025, the volume of foreign exchange trading on the Kyrgyz Stock Exchange increased by 84 percent. The Eurasian Economic Commission reports that the volume of foreign exchange trading on Kyrgyzstan’s exchange grew from $2.5 billion to »»»

Dubai: For an industry that never misses an opportunity to promote a film, celebrate a birthday or plug a brand collaboration, Bollywood's silence over the past several weeks was impossible to ignore. Then, almost in uncanny unison, the statements began to appear. It started Wednesday night (July 2»»»

A top Philippine business group said Friday it was "very concerned" by a fresh round of US tariffs the Trump administration has said are tied to forced labour concerns. The imposition of a 12.5 percent tariff is the latest in a series of whiplash US levies on the archipelago nation of 116 million, »»»

British Prime Minister Andy Burnham announced a 20% cut to business rates for pubs, clubs and live music venues in England on Thursday, his third major cost-of-living measure in three days as the new Labour leader seeks to revive the economy and support struggling high streets. Britain's new prime »»»

The European Commission has fined Google €890mn for breaching the Digital Markets Act, finding that the company favoured its own services in search results and blocked developers from steering users to cheaper offers. The commission issued two separate penalties on July 23, of  €460mn and €430»»»