Egypt’s Minister of Industry, Khaled Hashem, and Minister of Supply and Internal Trade, Sherif Farouk, inaugurated the 14th edition of Food Ingredients Africa (Fi Africa) and ProPak MENA 2026, the region’s leading trade exhibitions for food processing, packaging, and packaging technologies. Organis»»»

The Central Bank of Egypt (CBE) announced that net foreign assets (NFAs) in Egypt’s banking sector rose to approximately $22.903bn, equivalent to EGP 1.229trn, in April 2026, up from $21.320bn, or EGP 1.164trn, in March. Net foreign assets are among the most important indicators of banking sector s»»»

The Ministry of Planning and Economic Development has unveiled the key features of Egypt’s Economic and Social Development Plan for fiscal year (FY) 2026/27, as well as the medium-term development framework covering the period from FY 2026/27 to FY 2029/30. The plan was presented during a meeting o»»»

The Egyptian Drug Authority (EDA) is considering the implementation of an automatic pricing system for medicines. This proposed mechanism is designed to adjust drug prices in real-time, based on fluctuations in the dollar exchange rate, as confirmed by an official source to Cairo 24. The introducti»»»

The Lebanese delegation to the Washington peace talks with Israel "sensed Israeli and U.S. acceptance regarding a comprehensive ceasefire, and the three parties presented proposals on specific ceasefire formulas," Baabda sources said on Tuesday. "There is seriousness and a clear effort and interest»»»

Poland is facing the same “China Shock 2.0” affecting Germany, according to an analysis inspired by economists Sander Tordoir and Brad Setser. Industries most exposed to rising Chinese imports have been in decline since 2023, with textile output down 20%, electrical equipment production down 26.5%,»»»

Estonian investment group Summus Capital has acquired the fully leased office complex The Park Kraków for €48 mln, strengthening its presence in Poland, which now accounts for approximately 43% of the company’s real estate portfolio. Located in Kraków’s Podgórze district, the complex consists of tw»»»

AMMAN — Amman Stock Exchange (ASE) revealed that the value of shares bought by non-Jordanian investors at the ASE in May 2026 was JD33.0 million, representing 11.4 per cent of the overall trading value, while the value of shares sold by them amounted to JD43.2 million.The value of shares bought by »»»

Revolut has temporarily suspended the new transaction fee it recently announced for bank transfers in Hungary, meaning customers will not be charged for now — including those who have already received a Hungarian account number. According to Hungarian fintech outlet RevB.hu, Revolut says the fee is»»»

In tonight's edition: Hundreds protest in Kenya over plans to build an Ebola quarantine centre for US citizens in the town of Nanyuki. Also, despite almost 300 suspected deaths from the outbreak, there have still been signs of progress in supplying rural Congolese health centres and millions are in»»»

Now that France has finally repealed the so-called Code Noir or Black Code, experts are urging the country to also consider the issue of reparations. The Code Noir was the law that effectively regulated slavery by making people like property, notably in the French colonies – enabling people to be w»»»

Israel and Lebanon could reach a peace agreement within days were it not for the obstacle posed by Hezbollah, U.S. Secretary of State Marco Rubio said Tuesday, as the two sides began a fourth round of talks in Washington. "Israel and Lebanon can do a peace deal tomorrow," Rubio told the Senate Fore»»»

Eight bottles of Chateau d'Yquem – one of the world's most expensive white wines – were among a collection of 136 bottles discovered under a Czech castle floor that were hidden by the owners after the end of World War II. They have now been restored by the original French winemakers in what th»»»

Bulgaria’s political confrontation over the proposed fiscal package intensified sharply in parliament, with opposition parties accusing Rumen Radev's cabinet over debt, pensions, and party financing. The debate centers on a set of measures including a planned 3.8 billion euro increase in »»»

Annual inflation in Bulgaria rose to 7% in May, according to the National Statistical Institute’s preliminary flash estimate, marking a further acceleration from 6.8% in April. On a monthly basis, consumer prices increased by 0.2%, signaling continued upward pressure on household costs. The NSI dat»»»

Progressive Bulgaria (PB) has withdrawn its controversial proposal to increase Bulgaria’s debt ceiling by 3.8 billion euros, following strong criticism from opposition parties. However, the measure is expected to return shortly, this time formally submitted by the Council of Ministers. The proposal»»»

The Energy and Water Regulatory Commission (EWRC) has unveiled its draft pricing decision for the upcoming regulatory period, proposing higher electricity and heating costs for households starting July 1, 2026. Under the regulator’s calculations, household electricity prices are expected to rise by»»»

Allied Gold Corporation (TSX/NYSE:AAUC) said it has received approval under Canada’s Investment Canada Act for the proposed acquisition of the company by Chinese peer Zijin Gold International (HKEX:2259), completing the Canadian regulatory review process for the takeover. The transaction has also r»»»

Anthropic, the firm behind AI assistant Claude, submitted a confidential filing to go public with the US Securities and Exchange Commission on Monday. The firm, valued at close to a trillion dollars, could make its market debut by the end of the year as it sees a surge in interest for its range of »»»

The Syrian government is betting that removal from Washington’s list of state sponsors of terrorism, a designation in place since 1979, will clear the biggest political and legal hurdle to its economic recovery. Alongside remaining sanctions, the designation has blocked any tangible gains from what»»»

Protectionism is pushing the EU toward economic decline, Serbian President Aleksandar Vucic has told Bloomberg, arguing that barriers to investment between Europe, China and the US are hurting growth. Vucic made the remarks on Tuesday shortly after returning from Beijing, where he secured more than»»»

Defense tech contractor Anduril is currently valued at $61 billion, with plans to expand and go public. But it’s a valuation that depends on its founder’s ability to hawk vaporware to the Pentagon, and to talk the US to the edge of a cataclysmic war with China. Read more Wired for War: What’s in Pa»»»

A now hiring sign is seen in the window of a fast food restaurant in Orange California on January 27, 2021. Job openings rose to 7.6 million in April 2026. File Photo by Jim Ruymen/UPI | License Photo June 2 (UPI) -- The number of job openings in the United States increased to 7.6 million in April,»»»

Egypt pitched its Suez Canal Economic Zone and status as a strategic gateway to African markets to attract new South Korean investments on Tuesday, while declaring its water security an “existential issue” during talks on regional crises. The investment push came during the first round of the Egypt»»»

“My hair is on fire.” This was reportedly how Israeli Prime Minister Benjamin Netanyahu reacted after a phone call with US President Donald Trump, following Trump’s announcement on Truth Social that he would refrain from launching additional strikes against Iran. Few phrases better capture the curr»»»

JEDDAH: Abu Dhabi’s AD Ports Group has entered the Latin American market through the acquisition of Brazil’s Corredor Logistica e Infraestrutura, a leading independent agri-bulk port terminal operator, in a deal valued at 3.1 billion dirhams ($835 million). The move strengthens AD Ports Group’s exp»»»

A senior source at the Central Bank of Libya (CBL) revealed to that the bank has begun implementing a programme to sell foreign currency to commercial banks totalling $3.5 billion. This programme aims to meet the demand for foreign currency and support market needs, the source added. The source exp»»»

Red Sea Global (RSG) announced on Tuesday a major sustainability milestone, revealing that it successfully avoided 117,879 tons of carbon dioxide equivalent (tCO₂e) emissions during 2024. The achievement was independently verified and officially certified by DNV, confirming the company's full relia»»»

New York, USA: Anthropic on Tuesday gave approximately 150 organizations around the world access to Mythos, its powerful new AI model whose rapid ability to identify weaknesses in computer security has sparked global concern. The California AI company had initially restricted access to Mythos in ea»»»

Abu Ubaida, the military spokesman for the Izz ad-Din al-Qassam Brigades, affirmed that the Palestinian resistance continues its struggle despite assassinations and losses, emphasizing that the martyrdom of its leaders will not weaken it or halt its project. He also called on mediators to assume th»»»

BELGRADE - Serbian First Deputy PM and Finance Minister Sinisa Mali said on Tuesday progress had been made in talks with Hungary's MOL on its acquisition of a Russian-majority stake in the Serbian oil company NIS and that MOL's response to the latest proposal by the Serbian side was due later in th»»»

BELGRADE - Serbian PM Djuro Macut held a meeting with representatives of the relevant ministries to discuss implementation of activities from the Reform Agenda, aimed at accelerating economic development, strengthening institutions and bringing Serbia closer to European standards. "Macut stated tha»»»

Cairo — Egypt’s tourism industry is entering the peak summer season from a position of strength despite heightened geopolitical tensions across the Middle East, as hotel occupancy rates surged during the Eid Al-Adha holiday and Gulf carriers expanded services to the Mediterranean resort city of Ala»»»

BEIRUT: Lebanon’s Parliament Speaker Nabih Berri has been working through Iranian channels to secure Hezbollah’s commitment to a ceasefire while his country presses ahead with negotiations aimed at ending the war, political sources have told Arab News. The Amal Movement leader remains central to ef»»»

Dubai: Al Ansari Exchange said it recorded a more than 151 per cent increase in the number of companies processing salaries through its Wage Protection System (WPS) platform on June 1, as UAE private sector employers adjusted payroll processes to comply with new salary payment requirements. The inc»»»

Dubai: Dubai-based carrier flydubai has marked its 17th anniversary, highlighting its growth from a low-cost startup airline into a carrier serving 100 destinations across its network. Figures shared by the Government of Dubai Media Office showed that flydubai has carried more than 140 million pass»»»

Hostilities in the Persian Gulf may resume at a moment’s notice, Mehran Kamrava, professor of government at Georgetown University Qatar, explains to Sputnik. The issue of frozen Iranian assets and lifting anti-Iranian sanctions still remains the sticking points in the talks.Though the broad outline»»»

The average number of children per woman in Chile last year fell to 0.99 live births, a 59.4% decrease from 1993, according to government statistics. File Photo by Alberto Valdes/EPA SANTIAGO, Chile, June 2 (UPI) -- Chile has recorded a historic decline in births, with the birth rate falling 46.9% »»»

The United Nations warned Tuesday that dramatic funding cuts for aid, at a time of multiple crises, have created unparallelled gaps, leaving tens of millions going hungry. The UN's World Food Program said it was facing a 75-percent shortfall in its funding, with dire and deadly consequences. "The g»»»

Israeli drone strikes on southern Lebanon on Tuesday killed eight people, including two children and their father, a day after US President Donald Trump said Israel and Hezbollah agreed to dial back fighting. Hezbollah, which is backed by Iran, continued launching dozens of projectiles and drones t»»»

Dubai: US Secretary of State Marco Rubio said on Tuesday that reopening the Strait of Hormuz is the primary condition for any progress in talks with Iran, while insisting that Tehran must also agree to negotiations over its stockpile of highly enriched uranium before any sanctions relief can be con»»»

Dubai: Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, has said the emirate will continue strengthening its economy and tourism sector through “practical measures, enhanced facilitation, and innovative solutions” aim»»»

The ambassadors of Israel and Lebanon began a new round of direct talks in Washington on Tuesday after U.S. President Donald Trump said he had received commitments from both sides to de-escalate. The fourth meeting between representatives of the two sides, which do not have diplomatic relations, is»»»

Riyadh: The main index of the Saudi stock market closed higher on Tuesday, June 2, 2026, rising by 6.03 points to reach 11,015.55 points, with a total trading volume of SR 5.7 billion. A total of 299 million shares were traded, with stocks from 97 companies seeing an increase in value, while shares»»»

Abu Dhabi: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan paid tribute on Tuesday to Dr Mahmoud Ahmed Al Qaisiya, one of the pioneering educators who helped lay the foundations of the country's modern education system, following his passing. In a post on X, Sheikh Mohamed said Al Qai»»»

London: Global oil inventories could reach critical levels ahead of the peak summer demand period if stock draws continue at their current pace, the International Energy Agency (IEA) said on Tuesday, June 2, 2026. Toril Bosoni, Head of the Oil Industry and Markets Division at the IEA, said: "We're »»»

Abu Dhabi: Some of the UAE's most familiar dairy products are about to get a little less sweet. Two of the most recognisable dairy brands, Al Ain Farms and Marmum Dairy, have pledged to cut added sugars by 10 to 20 per cent across a range of everyday products in time for the back-to-school season i»»»

HELSINKI - Speaking to reporters in Helsinki after a meeting with Finnish President Alexander Stub, Serbian FM Marko Djuric said on Tuesday Finland had reaffirmed unequivocal support for Serbia's European future, and noted that the two countries agreed that only a united Europe was a stronger Europ»»»

U.S. Trade Representative Jamieson Greer announced Monday that the Trump administration will impose a 25% tariff on Brazil under Section 301. File Photo by Bonnie Cash/UPI | License Photo June 2 (UPI) -- The President Donald Trump administration announced a proposed 25% tariff on several Brazilian »»»

Doha: The Qatar Stock Exchange (QSE) index closed Tuesday's trading session down by 31.41 points, or 0.30 percent, to settle at 10,407.45 points. A total of 126,346,529 shares were traded during the session, with a total value of QAR 371,229,227.366 through 26,691 transactions across all sectors. T»»»