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News

Russia's VTB may revisit plans to expand in Iran once regional military action ends, chief executive Andrei Kostin says. Find out how the recent conflict stalled the bank's plan to open a new branch serving Russian and Iranian firms.

Turkey's Karpowership has started building its new 300 MW Sea Lion class floating power plants in South Korea, with delivery due in 2028. Find out how the vessels expand the company's 8,000 MW global fleet and where they could deploy.

Syria has awarded Zain Group the country's second mobile telecommunications licence, marking a major step in efforts to modernise the sector and expand fifth-generation (5G) services.

Freedom Holding has received regulatory approval from Turkey’s Banking Regulation and Supervision Agency (BRSA) for its planned acquisition of 99.32% of Turkish Bank.

Direct cargo shipping between the UAE and Iran has resumed as trade links normalise after months of disruption, an Iranian official says. Find out how the restart through Jebel Ali could ease supply chain delays and why freight costs remain elevated.

Tech

State Security Service says the radicalisation of young people is becoming an increasing concern, reflecting a wider trend seen across Europe as extremist groups use online platforms to recruit vulnerable individuals.

At Hotel Bled Rose, the humanoid robot is designed to handle a wide range of guest services, including welcoming visitors, answering questions about the hotel and handling check-in.

New lender enters a banking market where cash remains widely used and digital financial services are still developing.

South Korean industrial conglomerates are expanding their partnerships with US chipmaker Nvidia to embed artificial intelligence across advanced pharmaceuticals, manufacturing, and robotics.

Official tells parliament companies should "not have the right to exploit the psychology of our children" in Azerbaijan.

Opinion

Russia's president Putin will not live forever and Chinese President Xi is already looking beyond, to a post-Putin world. But that is part of a longer-term plan to make a lasting multipolar order.

An attack on Yamal LNG would be a market-shaking scenario, particularly for Europe.

Pro-regime trolls go to work explaining why the “viral” work of Deniz Goktas is just not funny.

In a quiet realignment, Turkey is newly enthusiastic about Nato.

Tensions in the Kremlin are rising as the economy tanks and trust in the president is starting to wane. There is a growing consensus it’s high time to end the war in Ukraine.

Data

Turnover on the Bulgarian Stock Exchange nearly doubled to €449mn in 1H26 after the country joined the eurozone in January. Find out how euro adoption is drawing foreign investors and which shares led June's gains.

Turkey's manufacturing PMI fell to 47.1 in June from 49.8 in May as the Middle East war disrupted demand and supply chains. Find out how new orders slumped and why price pressures eased for the first time in months.

According to the Ministry of Finance’s Fiscal Strategy Statement 2027, total government revenue, including grants, is expected to fall to 15.8% of GDP in 2026 from an estimated 16.7% of GDP in 2025.

Institute for Market Economics says Bulgaria’s price convergence with the EU average has accelerated since the pandemic, driven by stronger economic growth, rising household incomes and elevated inflation.

Increase driven by strong growth in automotive fuel sales, while food sales continued to decline.

Features

Over the past decade, the construction materials sector has attracted approximately $12bn in investment, leading to the launch of more than 4,000 manufacturing facilities.

Pariah no longer, since the war in Ukraine started, Russian and Chinese money has poured into Pyongyang, fuelling a rapid economic development and unexpected real estate boom in a country better known for repression and poverty.

As officials rush to narrow access to funds also popularly used for dental treatment, economists advise many factors to blame for price surge such as unsold properties built at high cost.

The appeal of geothermal power is strong in a region where the 2022 gas crisis exposed the strategic vulnerability created by dependence on imported fossil fuels.

The ASEAN summit held in Russia last week was one of the Kremlin’s biggest diplomatic successes since the full-scale invasion of Ukraine in 2022.

Blogs

BMI has downgraded its 2026 SSA vehicle sales forecast from 4.4% growth, citing higher fuel prices, weaker currencies and rising import costs, even as cheaper Chinese imports support electric vehicle adoption.

Serbia's President Aleksandar Vučić has confirmed he will resign within weeks, signalling the start of an election campaign that could reshape the country's political landscape.

The efforts to bring the war in Ukraine to an end have stalled in the face of an escalating exchange of drone and missiles and the stalemated EU efforts to mediate.

Prime Minister Edi Rama’s government has been targeted by a wave of mass protests dubbed the "Flamingo Revolution".

The E3 European leaders met in London over the weekend to thrash out a new formula to take to the Kremlin and end the war in Ukraine. Unfortunately, the document they produced takes us all the way back to the very beginning of the process.

bneGREEN

Heat-related mortality in Europe has surged over the last couple of decades. This is according to the latest available data published by the Lancet Countdown 2025 Report, Statista reports.

Digital platforms – from online marketplaces to social media – are no longer just convenient places to shop, stream, or connect. They’re major economic engines shaping supply chains, labour markets, and consumption patterns.

Africa's green transition is expected to be driven by decentralised, service-based industries such as clean cooking, off-grid solar, waste recycling and electric mobility.

The government of India is of the view that wind energy will also play a vital role in the country's energy transition plan, according to a note published in mid-June.

The heatwave that seared much of Europe in late June is officially the most severe ever recorded in the region, according to a rapid-attribution study published on June 26.

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