Polish exports recorded strong June growth
The value of Polish exports reached EUR 30.51 billion in June 2026, according to an analysis by economists at the Polish Chamber of Commerce. The result represented a 7% increase from the corresponding period of 2025, indicating that foreign demand for Polish goods remained relatively resilient des»»»
Energa delivers stronger first-half earnings
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Ukraine strikes more oil facilities deep inside Russia, Zelensky says
KYIV: Ukraine hit more oil facilities deep inside Russia in overnight attacks, President Volodymyr Zelensky said Thursday, as Kyiv kept up its campaign to undermine Moscow’s wartime economy and embarrass the Kremlin. The repeated strikes have caused fuel shortages and rattled Russians. Ukrainians, »»»
How Dubai Customs inspectors detected gold concealed inside a suitcase
Dubai Customs officers have foiled an attempt to smuggle 460 grams of 24-carat raw gold concealed inside the frame of a suitcase. The gold had been melted down and reshaped into thin rods before being hidden inside the suitcase's rubber frame and inner structure in an apparent attempt to evade dete»»»
U.S. halts Mexican avocado imports after security alert - UPI.com
A farmer picks avocados in the municipality of Uruapan, Michoacan, Mexico, in 2004. File Photo by Ivan Villanueva/EPA Aug. 6 (UPI) -- The U.S. Department of Agriculture has temporarily suspended inspections and certification of new avocado shipments from the Mexican state of Michoacán, the country'»»»
Ukraine faces $3bn grain export loss as Russia's blockade empties Odesa of ships
Ukraine's alternative grain export routes will not reach the capacity needed to compensate for Russia's blockade of Black Sea ports until the end of August at the earliest, and even then will cover only half the volume normally handled through Odesa, Agrarian Policy Minister Taras Vysotskyi told Re»»»
Turkish refiner Tupras orders four tankers from Korea's Daehan, Samsung for $370mn
Istanbul-listed refiner Tupras (IST: TUPRS) has commissioned the building in South Korea of four Suezmax-class crude oil tankers for more than $370mn, the company said on July 31. The four vessels, each featuring a deadweight tonnage (DWT) of approximately 157,000 tonnes, are scheduled for delivery»»»
Bulgaria Ends Dual Pricing in Leva and Euro: See WhenOpinions
Bulgaria’s mandatory period for displaying prices in both leva and euro will end on August 8, 2026, marking another step in the country’s transition to the single European currency. The dual price display requirement was introduced as a temporary measure to help consumers adjust to the euro and to »»»
IMF assessment strengthens confidence in reforms guiding Syria’s economic recovery path
Damascus, Aug. 6 (SANA) The International Monetary Fund’s assessment of the sustained momentum of Syria’s economic recovery reflects the country’s transition toward a largely balanced trajectory, as banking legislation and financial reforms adopted after liberation have helped establish a more stab»»»
Why is shopping abroad cheaper than in Hungary? New research
A new study suggests that Hungarians are right to feel that shopping abroad can be cheaper – but much depends on what they are buying. Food prices paint a very different picture from, say, the cost of services. Meanwhile, a fresh survey has shown that Romania and Bulgaria still outperform Hungary o»»»
Iran says Oman deal alone won’t reopen Hormuz
Dubai: Iran has made clear that its emerging maritime agreement with Oman will not, by itself, reopen the Strait of Hormuz to normal commercial shipping, saying the United States must first meet a series of political and economic conditions before free navigation can resume, according to news repor»»»
Algeria buys around 540,000 to 720,000 tons wheat in tender, traders say
HAMBURG/PARIS/DUBAI: Algeria’s state grains agency OAIC has bought around 540,000 to 720,000 metric tons of milling wheat in an international tender which closed on Wednesday, European traders said. The size of the initial purchase in tonnage terms was not immediately certain, as is usual in Algeri»»»
Coalition embodies international recognition of need to protect maritime security, Al-Maliki says
RIYADH: The creation of the Multinational Maritime Defense Coalition reflects an international recognition of the threats facing maritime security and freedom of navigation, Saudi Arabia’s Defense ministry said on Thursday. It also embodies a collective responsibility to protect maritime corridors »»»
Merowe Dam outage brings Sudan’s power crisis back into focus
KHARTOUM: Sudan is awaiting the arrival of spare parts from abroad to repair the electricity network linked to the Merowe Dam after a fire knocked it completely out of service, causing widespread outages across the country, Energy and Petroleum Minister Al-Mutasim Ibrahim told Asharq Al-Awsat. Ibra»»»
Acwa sees H1 profit drop as CEO praises company ‘discipline’
RIYADH: Saudi water desalination company Acwa saw a 28 percent year-on-year drop in its profits in the first half of 2026, with its CEO citing the “pace of the market” as a factor. Over a period which saw major upheaval across the Middle East thanks to the ongoing US-led war with Iran, the firm pos»»»
Hello from the Land of the Sand: Susan Allen shares her experience in Saudi Arabia
Riyadh: Moving to Saudi Arabia to launch a business is one thing; choosing to build your future here is another. Joel Huffman did exactly that. As the co-founder and CEO of Arabius, partner at GoldenPoint Global, and co-founder of Anchor Digital Infrastructure, Huffman is a passionate advocate for »»»
Hiroshima marks 81st atomic bomb anniversary as mayor deplores the pursuit of nuclear weapons
TOKYO: Hiroshima on Thursday marked the 81st anniversary of the US atomic bombing of the western Japanese city, with its mayor criticizing major powers for waging wars and urging them to stop justifying the possession of nuclear weapons as a method of deterrence. “Downplaying the inhumanity of nucl»»»
US-Iran conflict: What UAE residents need to know thsi evening
US President Donald Trump has dismissed reports of ammunition shortages, warning of action against alleged “leakers”, as Iran says it has reached an agreement with Oman over the Strait of Hormuz. Meanwhile, oil prices are hovering near $80 a barrel, gold continues its upward run to reach Dh516.25 p»»»
New Ahli head coach Pusic has big shoes to fill at reigning Asian champions
LONDON: It has been a whirlwind week for Al-Ahli, with the announcement of Matthias Jaissle’s departure followed today by the confirmation of Marino Pusic as new head coach. The Dutch-Bosnian manager has some big shoes to fill in Jeddah. Just three months after lifting a second successive AFC Champ»»»
Trump denies munitions shortage reports, calls leaks ‘treasonous’ - UPI.com
President Donald Trump is shown Monday in the Oval Office at the White House in Washington, D.C. On Thursday, Trump denied U.S. muntions shortage due to the attacks on Iran. Photo by Allison Robbert/UPI | License Photo Aug. 6 (UPI) -- President Donald Trump on Thursday dismissed reports of munition»»»
Local Dates Festival enhances presence of palm tree in national memory
DOHA: The Local Dates Festival, in its 11th edition at Souq Waqif in Doha, combines celebrating local production and recalling the status of the palm tree in the social and economic history of the State of Qatar, where the festival welcomes visitors of different nationalities and ages to learn abou»»»
Saudi economic council reviews global outlook, Q2 budget performance
RIYADH: The Council of Economic and Development Affairs held a meeting via video conference to review the Ministry of Economy and Planning’s monthly report. The report outlined the key developments and challenges facing the global economy, its growth prospects in light of geopolitical developments,»»»
Senate Republicans vote to hold Fauci in contempt of Congress - UPI.com
1 of 3 | Republicans on the Senate Homeland Security and Governmental Affairs Committee voted to hold Anthony Fauci in contempt of Congress on Thursday. Photo by Bonnie Cash/UPI | License Photo Aug. 6 (UPI) -- Republicans on the Senate Homeland Security and Governmental Affairs Committee voted to h»»»
Who benefits from the migrant chaos in Spain?
What happened in the North African Spanish enclave of Ceuta last week was tragic for everyone involved. So let’s make it a regular thing, the EU apparently decided – at least judging by its actions. I’m not saying that anybody overtly wants migrants from all over Africa to routinely storm the borde»»»
Houthis threaten the Red Sea to distract from domestic failures
On 20 July, Iran-backed Houthi rebels declared an immediate maritime embargo against Saudi Arabia, formalising the collapse of the UN-sponsored 2022 truce, reactivating the Red Sea pressure front and threatening once again international trade passing through the Strait of Bab al-Mandab. Four days l»»»
Hungary to elect new president within days: possible names
The Tisza parliamentary group will vote on Saturday on whom to nominate for President of the Republic, Andrea Bujdosó, the group’s leader, told MTI on Thursday. New President’s name to be announced this week She said the deadline for submitting an official nomination was 10 AM next Monday and that »»»
US dollar drops against Egyptian Pound following surge in CBE foreign reserves
The Central Bank of Egypt (CBE) announced that its net international foreign exchange reserves rose to $56.30 billion at the end of July. This increase reflects the ongoing improvement in the country’s foreign liquidity position and strengthens the Egyptian economy’s ability to fulfill its internat»»»
How Zohran Mamdani and Dr Abdul El-Sayed turned Bollywood, memes and reels into campaign gold
Dubai: Not too long ago, politicians fought for votes with rousing speeches, newspaper interviews and carefully choreographed campaign rallies. Today, they're just as likely to drop a Reel with a trending soundtrack, collaborate with content creators or walk off stage to a Bollywood banger. Safe to»»»
Iran warns Gulf states: tell Trump to desist or we hit you hard
Iran has made a concerted diplomatic push with Gulf states, warning them explicitly that Tehran will hit their oil, power and water plants unless they convince Donald Trump to end US strikes on Iran and instead seek a negotiated end to the war. The warning envisaged attacks on the energy facilities»»»
Half of Americans Believe Conflict With Iran Will Destabilize Middle East - Poll
WASHINGTON (Sputnik) - Half of US citizens believe that a conflict between the United States and Iran would lead to serious destabilization in the Middle East over the next year, a poll conducted jointly by Reuters and Ipsos revealed on Thursday. On Wednesday, US President Donald Trump said he stil»»»
Agriculture Minister, Greenhouse Farmers Discuss Possible Safeguards Against Unfair Competition
“Our ambition is to genuinely protect Bulgarian fruit and vegetable producers from unfair competition,” said Agriculture Minister Plamen Abrovski during a meeting with representatives of the greenhouse production sector. The discussion focused on opportunities to improve the competitiveness of Bulg»»»
UAE introduces minimum excise price for e-cigarette liquids from September
Dubai: The UAE Ministry of Finance has introduced a minimum excise price for liquids used in electronic smoking devices and tools, with the new measure set to take effect from September 1, 2026. The ministry announced on Thursday that it had issued a decision establishing a minimum excise price of »»»
Dubai gold price hits Dh516.25 per gram, 10g of 24K costs over Dh5,100
Dubai: Gold prices moved higher again on Thursday afternoon, taking the local 24-karat rate to Dh516.25 per gram and extending a rapid increase that has added Dh29 since the beginning of August. (Check latest UAE gold prices here, alongside prices in Saudi Arabia, Oman, Qatar, Bahrain, Kuwait, and »»»
SAB launches Qatar Airways Privilege Club co-branded credit card
Saudi Awwal Bank, one of the Kingdom’s leading banks, and Qatar Airways Privilege Club have announced the launch of the SAB Qatar Airways Privilege Club Credit Card in Saudi Arabia. This Visa Infinite credit card is the first co-branded payment card between Qatar Airways Privilege Club and a bank i»»»
Producers to give 53 million eggs to food banks in US settlement
New York: It’s often said that you have to break a few eggs to make an omelette. The saying rings true under a deal where three major US egg producers will have to crack into their supplies to settle price fixing claims. Under the settlement announced Wednesday, the companies will donate 53 million»»»
Vazrazhdane Claims Government "Handed Over" Khan Tervel Offshore Block to Turkiye
The ruling Progressive Bulgaria coalition has “handed over” the Khan Tervel offshore oil and gas exploration block to Turkiye and refused to discuss the matter in Parliament, Vazrazhdane leader Kostadin Kostadinov said Thursday, according to the party’s press service. Vazrazhdane said the decision »»»
Guatemala declares Fuego volcano eruption over, evacuees return home
Guatemalan authorities said the eruption of the Fuego volcano had ended after 50 hours of activity that forced more than 1,700 people to evacuate, while warning residents to remain cautious because the volcano could erupt again. The eruption of Guatemala's Fuego volcano officially ended on Wednesda»»»
Middle East live: Oil tanker reports 'two explosions' in Strait of Hormuz
An oil tanker passing through the Strait of Hormuz near Oman reported hearing two explosions, a British maritime agency said Thursday. Earlier, Iran said an agreement with Oman over the strait is in its final stages, while US President Donald Trump suggested a deal could be announce»»»
DR Congo’s Ebola outbreak outpaces response as health workers strike over pay
The Ebola outbreak in the Democratic Republic of Congo is spreading faster than efforts to fight it, WHO chief Tedros Adhanom Ghebreyesus said Wednesday. Families said many frontline workers in Ituri province, the epicentre of the outbreak, have gone on strike over pay issues, worsening acces»»»
Two Frenchmen receive suspended jail sentences after livestreamer's death
Two French livestreamers received suspended prison sentences on Wednesday after being convicted of repeatedly abusing and humiliating a man during online broadcasts that preceded his death. Though the pair were cleared of causing the man's death, they were found guilty of violence and incitement to»»»
Russian strikes target Ukraine's Kharkiv and Sumy regions, killing at least six
At least six people were killed in Russian strikes on Ukraine overnight into Thursday, including three in the city of Balakliia in the Kharkiv region and another three in the northern region of Sumy, local authorities said. A Russian attack also damaged a foreign-flagge»»»
Ukraine faces $3bn grain export loss as Russia's blockade empties Odesa of ships
Ukraine's alternative grain export routes will not reach the capacity needed to compensate for Russia's blockade of Black Sea ports until the end of August at the earliest, and even then will cover only half the volume normally handled through Odesa, Agrarian Policy Minister Taras Vysotskyi told Re»»»
Ukraine faces $3bn grain export loss as Russia's blockade empties Odesa of ships
Ukraine's alternative grain export routes will not reach the capacity needed to compensate for Russia's blockade of Black Sea ports until the end of August at the earliest, and even then will cover only half the volume normally handled through Odesa, Agrarian Policy Minister Taras Vysotskyi told Re»»»
Pakistan’s Red Sea calculus and the end of strategic ambiguity
Islamabad: Pakistan’s latest warning over threats to Red Sea shipping is more than a routine diplomatic statement—it signals the possible end of Islamabad’s long-standing strategic ambiguity in Middle Eastern conflicts. In a sharply worded declaration last Wednesday, Pakistan condemned Yemen’s Iran»»»
Ukraine strikes Russian oil refineries; 6 killed, dozens hurt in Ukraine - UPI.com
Ukraine and Russia traded fire overnight with 4 people hurt in strikes targeting two major oil refineries in Russia while Russian attacks in the other direction killed 6 and injured dozens in Ukraine. File photo by Russian Emergencies Ministry/EPA-EFE Aug. 6 (UPI) -- Ukraine said Thursday that it h»»»
Romanian retail sales decline across all major categories in H1 2026
Romania’s retail sales fell by 5.6% in the first half of 2026 compared with the same period last year, as turnover declined across food, non-food products and fuel, according to data published by the National Institute of Statistics. The decrease in the unadjusted series was driven by a 7.3% declin»»»
Saudi consumer spending rises 6.8% in Q1: Knight Frank
RIYADH: Saudi Arabia’s consumer spending rose 6.8 percent year on year to SR425 billion ($113.3 billion) in the first quarter of 2026, supported by resilient demand, stable inflation and continued non-oil economic growth, Knight Frank said. The consultancy firm’s Saudi Arabia Retail Market Overview»»»
Regulator to Incentivize Water Operator Consolidation
The Energy and Water Regulatory Commission (EWRC) will encourage the consolidation of Bulgaria's water sector through new secondary legislation, to improve service quality and keep socially affordable prices. The regulator held a public consultation on a draft ordinance on incentives for water oper»»»
South Korea's Lee orders emergency response to record heatwave - UPI.com
South Korean President Lee Jae Myung on Thursday called for an emergency government response to a record-breaking heatwave. In this photo, taken Thursday, a merchant cools off with a frozen water bottle at Seoul Central Market. Photo by Yonhap SEOUL, Aug. 6 (UPI) -- South Korean President Lee Jae M»»»
Media Review: August 6
The August 2 confrontation between Bulgarian and Italian teenagers in Bansko, the race ahead of the October 25 presidential election, concerns over fentanyl and key economic issues feature prominently in Bulgaria's news media on Thursday. COMMENTS ON BANSKO INCIDENT On Thursday, Prime Minister Rume»»»