Ukraine eyes bank privatisations and PrivatBank IPO as foreign investors circle
Ukraine is preparing a new phase of banking sector reforms that could see major state-owned lenders privatised and shares in the country's largest bank offered to investors, as authorities seek to attract foreign capital and reduce the state's dominant role in the financial system, reported Ukraine»»»
Philippines: Economic Security Zone at New Clark City — what you need to know about Pax Silica, why it matters
Manila: A little-noticed ceremony in Central Luzon last month could signal one of the most significant shifts in the Philippines’ economic strategy in decades. On May 30, Jacob Helberg, the US Undersecretary of State for Economic Affairs, visited New Clark City to unveil a ceremonial marker for a p»»»
Three major changes announced for public media
Alongside the creation of a new organisational framework, three fundamental measures will be launched at Hungary’s public media outlets, ministerial commissioner Judit Grósz said in an interview published Monday by Kreatív Online. Minister for Social Relations and Culture Zoltán Tarr announced on 8»»»
Iran begin fraught World Cup with 2-2 New Zealand draw
Iran twice battled back for a 2-2 draw with New Zealand on Monday in their frenetic opening match of a World Cup campaign that has been utterly overshadowed by war, politics and protests. The Iranian team's very presence at the Los Angeles Stadium had long felt uncertain, after months of military c»»»
Release of $25 billion, return of nuclear experts to Iran set: What we know so far about US-Iran deal terms
Iran will never have a nuclear weapon. So declared US Vice President JD Vance, who defended the newly-announced framework agreement with Iran, framing it as a major foreign policy victory that fulfills President Donald Trump’s long-standing pledge to prevent Iran from acquiring nuclear weapons. In »»»
UAE weather: Highs to reach 47°C inland despite slight cooling trend
The UAE will experience generally fair but occasionally dusty weather today, accompanied by a slight drop in temperatures and fresh winds that could reach 40 km/h, the National Centre of Meteorology (NCM) said. The NCM said low clouds are expected over northern areas, while light to moderate south-»»»
Late Araujo equalizer denies Saudi Arabia a winning start to World Cup
RIYADH: Egyptian fans were most certainly feeling a sense of deja vu as they watched Saudi Arabia take on Uruguay in their World Cup opener on Monday. Like Egypt had done a few hours earlier against Belgium, the Saudis took the lead in the first half. And like Egypt, they conceded after the break a»»»
Judge revokes release for teen accused of killing stepsister on cruise - UPI.com
Timothy Hudson, 16, who is accused of killing his stepsister during a Carnival cruise in 2025, surrendered to U.S. Marshals on Monday after a federal judge ordered his detention. File Photo by Mike Theiler/UPI | License Photo June 15 (UPI) -- The Florida teenager accused of killing his stepsister d»»»
Kazakh president’s pet project gets boost from China
China wants to help Kazakhstan create a new “Dubai” on the Central Asian steppe. During a recent trade event in the Chinese city of Shenzhen, Chinese and Kazakh officials agreed in principle on 24 different projects to develop Alatau City, a futuristic urban centre intended to become a regional hub»»»
Late Araujo equaliser denies Saudi Arabia victory
RIYADH: Egyptian fans most certainly felt a sense of déjà vu while watching Saudi Arabia take on Uruguay. Like Egypt, the Green Falcons took the lead in the first half. And like Egypt, they conceded after the break, unable to hold on for victory. Yet, also like the Pharaohs, Saudi Arabia will feel »»»
Venezuela inks deal with General Electric to rebuild grid
Venezuela signed an agreement Monday with General Electric for the US utility giant to rebuild its decrepit power grid, the South American country's interim president Delcy Rodriguez said. Most of Venezuela including the capital Caracas endures daily blackouts lasting up to 10 hours as the country »»»
Libya recovers 15 bodies of migrants east of capital Tripoli
TRIPOLI: The bodies of at least 15 migrants have washed ashore in Libya in a coastal city east of the capital, Tripoli-based medics said on Monday. The Emergency Medicine and Support Center, which operates under the health ministry, said the bodies washed up in Khumas city, some 118 km (73»»»
Greek minister calls criticism of tougher migration policies a ‘badge of honor’
ATHENS, Greece: Greece’ s migration minister on Monday called criticism from human rights groups a “badge of honor” and vowed to further toughen migration policies he called “the toughest — if not the toughest — in Europe.” Thanos Plevris’ comments to private broadcaster Action 24 came as Greece’s »»»
Egypt held 1-1 by Belgium in Seattle
DPA/TNN Seattle (Washington) Substitute Romelu Lukaku forced an equalizer moments after coming on to help Belgium deny Egypt a first men’s World Cup victory in a 1-1 draw on Monday. Lukaku’s season at Napoli was ravaged with injury but he was picked for his fourth World Cup because of his experienc»»»
Hezbollah says has repelled an Israeli force in south Lebanon
BEIRUT, Lebanon: Lebanese militant group Hezbollah said on Monday it had repelled an Israeli force that was trying to “advance” in southern Lebanon, despite the US-Iran agreement to end the Middle East war on all fronts including in Lebanon. Fighters from the group “using rockets and drones” blocke»»»
Belgium and Egypt draw 1-1 in World Cup group game
SEATTLE: Belgium and Egypt drew 1-1 in their World Cup opener on Monday after a second-half Belgian equalizer spoiled Mohamed Salah’s 34th birthday. Emam Ashour opened the scoring early in the first half in Seattle, before Romelu Lukaku came off the bench after the hour to force Egypt’s Mohamed Han»»»
Belgium and Egypt draw 1-1 in World Cup group game
Seattle: Belgium and Egypt drew 1-1 in their World Cup opener on Monday after a second-half Belgian equalizer spoiled Mohamed Salah's 34th birthday. Emam Ashour opened the scoring early in the first half in Seattle, before Romelu Lukaku came off the bench after the hour to force Egypt's Mohamed Han»»»
Iran deal: Trump is back to square one, but the cards are now in Tehran’s favor
The signing of the Islamabad Memorandum of Understanding (MoU) between the US and Iran on Monday has been welcomed by the international community after a devastating three-month war. The agreement was announced on June 14, President Donald Trump’s birthday, but the biggest beneficiary, experts say,»»»
Egypt’s 92-year wait for World Cup victory continues after draw with Belgium
RIYADH: Romelu Lukaku will not be a popular figure in Egypt tonight. His quick-fire equalizer, officially recorded as a Mohammed Hany own goal, came just eight seconds after his introduction and denied the Pharaohs what would have been their first-ever World Cup victory, extending a wait that now s»»»
Products from illegal settlements on occupied Palestine land sold to Europe as ‘Israeli,’ researchers find
LONDON: Agricultural exports originating from illegal settlements in the occupied West Bank and the Golan Heights in Syria are routinely mislabeled as Israeli products when entering European markets, an investigation has found. A report by legal rights group Global Echo, based on analysis of more t»»»
Renewed fighting between Israel and Hezbollah could wreck the U.S-Iran deal – Ya Libnan
Share: Israel’s more focused fight against the Iran-backed Hezbollah militia in Lebanon still has the power to disrupt broader American efforts to resolve its months long war with Iran. But the attack never came and hours later, plans for the United States and Iran to sign a more permanent ceasefir»»»
Video shows man beaten by police officers in Budapest
A Budapest Central District Court has ordered the pre-trial detention of a man for one month in a final ruling after he fled from police in a car. Proceedings have been initiated against him on suspicion of violence against a public official, the Metropolitan Court told MTI on Monday. RTL News on S»»»
Why many Israelis believe Trump’s Iran deal could backfire
After more than three and a half months of fighting and intense back-and-forth negotiations, US President Donald Trump announced that Washington and Tehran, under Pakistani mediation, have reached a final agreement to end hostilities between them. The deal is expected to be signed in Geneva on June»»»
Lebanese mourn razed homes, livelihoods in southern city
NABATIEH, Lebanon: When Kamal Kamal heard a ceasefire deal had been agreed between Iran and the US, he rushed back to the southern city of Nabatieh only to find an Israeli strike had reduced his life’s work to rubble. The city, usually home to some 90,000 people before the latest war between Israel»»»
MSF warns of ‘dangerous gaps’ in Ebola response in DR Congo
GENEVA: “Dangerous gaps” remain in efforts to rein in an Ebola outbreak that has killed more than 180 people in the Democratic Republic of Congo, Doctors Without Borders warned Monday. Despite a massive scale-up in the response to the deadly outbreak declared in the vast central African country on »»»
Trump says resolving conflict in Lebanon 'should not be tough'
U.S. President Donald Trump on Monday hinted that he wants to put an end to the Israel-Hezbollah conflict. "We do wanna see if we can straighten out the Lebanon thing, because it just seems to just never end, and it's a mini version of what we were doing, but it should not be tough ... Hezbollah --»»»
Afreximbank Plans Egypt’s First Gold Refinery to Support Continental Gold Hub
CAIRO — The African Export-Import Bank (Afreximbank) is moving forward with plans to establish Egypt’s first internationally accredited gold refinery, a project that could strengthen the country’s ambition to become a regional centre for gold refining, storage, financing and trading at a time of he»»»
Egypt opens Africa Health ExCon 2026 as Africa CDC chief warns of Ebola threat
Egyptian Prime Minister Mostafa Madbouly on Monday opened the fifth edition of the Africa Health Exhibition and Conference (Africa Health ExCon 2026), where Africa CDC Director-General Jean Kaseya warned of severe continental risks from the Ebola virus epidemic and called for a unified medical proc»»»
South American teams start off on the wrong foot
PHILADELPHIA: South American teams have got off to disappointing start to the World Cup, failing to produce a win in three games. Ecuador lost to Ivory Coast 1-0 on Sunday in Philadelphia. Brazil drew 1–1 with Morocco on Saturday, and Paraguay were routed 4–1 by tournament co-host the US. Comments »»»
Qatar’s goalkeeper Abunada enjoys ‘most beautiful moment’ at World Cup
SANTA CLARA, California: Qatar’s resilience against Switzerland owed much to goalkeeper Mahmoud Abunada, whose key saves kept them in the game, a remarkable comeback for a player once close to retirement due to a serious back injury. The 26-year-old, who made his international debut last year, made»»»
Investment in laboratory real estate continues to grow in Europe
Poland lacks rental properties for the life sciences sector, one of the fastest-growing areas of the economy, despite strong demand and higher rents. According to JLL, life sciences real estate in Europe is attracting double-digit investment growth, but still accounts for only 1-2% of transaction v»»»
What We Are Reading Today: ‘The Fall of Republics’ by Thomas F. Madden
In this timely book, distinguished historian Thomas Madden explores the people, events, and factors that led to the collapse of some of the world’s most enduring republics—from Carthage to Rome to Venice and beyond—and examines the worrying lessons these failures hold for the US and other democraci»»»
Iran's foreign ministry says 'deep mistrust' in US remains despite deal
Iran's foreign ministry said on Monday that Tehran still holds "deep mistrust" of the United States despite an agreed framework aimed at ending the war. "Unfortunately, it must be acknowledged that Iran's deep mistrust of the United States stems from long history of wrongdoing by American leaders,"»»»
Spain stunned in 0-0 draw with World Cup debutants Cape Verde
ATLANTA: Cape Verde announced themselves on the World Cup stage with a stunning 0-0 draw against Spain on Monday, frustrating the European champions who dominated possession and had 27 goal attempts but could find no way past 40-year-old keeper Vozinha. The African side built a blue-shirted barri»»»
Hezbollah attacks Israeli force in south 'in response to ceasefire violation'
Hezbollah said on Monday it had repelled an Israeli force that was trying to "advance" in southern Lebanon, despite the U.S.-Iran agreement to end the Middle East war on all fronts including in Lebanon. The Iran-backed group said the attack came in response to Israel's violation of the ceasefire on»»»
Industry study highlights JD9b in potential manufacturing investment opportunities
AMMAN — The industrial sector could unlock new investment opportunities by substituting imports with locally manufactured products, according to a new study by the Jordan Chamber of Industry (JCI), which identified nearly JD9 billion worth of imports with no domestic production alternatives.The stu»»»
Ukraine enters first phase of EU membership negotiations – but the process will be long
The EU on Monday is set to move Ukraine's bid to join the bloc to the next stage after a long delay caused by Hungarian vetoes – but that doesn't mean Kyiv's path to full membership is getting easier. Ukraine is due on Monday to officially begin European Union membership negotiations, la»»»
Son of Norway's crown princess sentenced to four years in prison for rape
Marius Borg Høiby, the son of Norway’s crown princess, was sentenced to four years in prison on Monday after an Oslo court convicted him of two counts of rape and 32 other offences, including violence against a former partner, threats and drug-related crimes. An Oslo court on Monday sentenced Norwe»»»
In Nabatieh, residents mourn destroyed homes, livelihoods
When Kamal Kamal heard a ceasefire deal had been agreed between Iran and the United States, he rushed back to the southern city of Nabatieh only to find an Israeli strike had reduced his life's work to rubble. The city, usually home to some 90,000 people before the latest war between Israel and Hez»»»
1 killed, many hurt, including reporter, in 3 Israeli attacks on Kfartebnit
An Israeli drone targeted Monday a car in the southern town of Kfartebnit near the Israeli-designated "Yellow Line", where Israeli troops remain despite the announcement of a U.S.-Iran deal. The strike killed the car's driver. Another drone strike on a car earlier in the day had wounded several peo»»»
Oil plunges, stocks jump on US-Iran peace deal
London: Oil prices dropped towards $80 a barrel and stocks rallied on Monday after Washington and Iran reached a framework deal to end the Middle East war and reopen the Strait of Hormuz, sending a wave of relief through global markets. The strait, through which roughly 20 percent of the world's cr»»»
British Court of Appeals upholds Palestine Action ban - UPI.com
1 of 3 | The five judges on the Court of Appeals ruled that the ban on the organization Palestine Action under the Terrorism Act is “justified and proportionate.” File Photo by Hugo Philpott/UPI | License Photo June 15 (UPI) -- The British Court of Appeals ruled Monday that the ban on the pro-Pales»»»
NBS: Third IMF review under PCI-backed economic programme deemed successful
BELGRADE - The International Monetary Fund (IMF) Executive Board has concluded that a third review of the implementation of an economic programme supported by the Policy Coordination Instrument (PCI) for Serbia has been successful, the National Bank of Serbia (NBS) announced on Monday. "Given Serbi»»»
Tunindex starts week on wrong foot down 0.22%
Tunis, June 15 (TAP) - The stock market started the week on the wrong foot. The benchmark index lost 0.22% to stand at 18,429.32 points on a sustained trading volume of TND 10.9 million, despite the lack of block trades during the session, according...»»»
Palestinian leader Abbas announces presidential election in early 2027
RAMALLAH: Palestinian president Mahmoud Abbas has issued a decree calling for presidential elections in early 2027 and for legislative elections to be held in November of this year, official Palestinian news agency Wafa reported, without saying if he would run. Abbas, 90, won the last Palestinian p»»»
First heatwave of this year approaching Hungary
Hungary is set for a spell of largely sunny, settled weather this week, with daytime temperatures rising steadily and the first heatwave of the year taking hold. By Sunday afternoon, highs are expected to reach between 32C and 37C. Despite the sunshine, isolated showers and thunderstorms may still »»»
Egypt Expands Gas Output and Cypriot Links to Reinforce its Energy Hub Status
Egypt is pursuing a dual-track energy strategy aimed at restoring domestic natural gas production growth while strengthening its position as the Eastern Mediterranean’s leading gas processing and export hub. The Ministry of Petroleum is targeting an additional 120 million cubic feet of natural gas »»»
Saudi artist presents ‘Refusal’ on Chicago’s The Mart
JEDDAH: Saudi art has found a new audience with “Refusal,” an audiovisual installation by Saudi artist Abdulrahman Hamdi which is being displayed on the facade of the iconic The Mart in Chicago. ART on THE MART is an exhibition engaging the building’s monumental architecture as a fixed, enduring su»»»
France shuts down dozen Israeli stands at defense trade show
VILLEPINTE, France: A dozen Israeli company stands were shut down Monday at a major international defense and security exhibition held outside Paris, sparking outrage from authorities in Israel. Tensions have persisted in French-Israeli relations, with France recognizing Palestinian statehood last »»»
Supreme Court passes on hearing for 98-year-old judge - UPI.com
A judge who is turning 99 years old on Saturday is seeking to have her suspension lifted but the U.S. Supreme Court is passing on taking up her case. File Photo by Bonnie Cash/UPI. | License Photo June 15 (UPI) -- A judge who is turning 99 years old on Saturday is seeking to have her suspension lif»»»