Business

Russia and Oman trade hits 10-year high at $1.5 billion

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– Bilateral trade between Russia and Oman reached $1.5 billion in the first seven months of 2026, its highest level in a decade, according to Sergei Shoigu. The Secretary of Russia’s Security Council said trade...
Nepal sets flood reconstruction needs at $4.78 billion
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Nepal sets flood reconstruction needs at $4.78 billion

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Nepal estimates it will need about $4.78 billion to rebuild after the devastating Bhote Koshi River floods. The government published the estimate through its Rapid Damage and Needs Assessment following the August 26 disaster. The...
Austria sets July heat record amid €1.4 billion losses
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Austria sets July heat record amid €1.4 billion losses

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Austria recorded its highest July temperature on July 31, when Wieselburg in Lower Austria reached 40.3 degrees Celsius. The reading broke the national July record of 39.7 degrees, set in Dellach im Drautal on July...
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Heat intensifies severe drought across European nations

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A comprehensive scientific analysis reveals human activities are directly responsible for severe dry conditions currently affecting the continent, definitively demonstrating climate change exacerbating drought across europe. A consortium of international researchers concluded that extreme heat,...
Digital illustration of global food systems .
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FAO backs $3.9bn GEF-9 funding for food security

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The Food and Agriculture Organization (FAO) of the United Nations welcomed the ninth replenishment of the Global Environment Facility, saying initial pledges of $3.9 billion will support agriculture, climate and food security solutions. The funding cycle,...
UAE and Serbia presidents foster bilateral ties and discuss global issues
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UAE and Serbia presidents foster bilateral ties and discuss global issues

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UAE President Sheikh Mohamed bin Zayed Al Nahyan met with Serbian President Aleksandar Vucic in a productive diplomatic visit to Serbia on June 15, 2023. The leaders' discourse revolved around strengthening ties between the two...