Qatari-backed partnership targets $2 billion in investments in Albania and Kosova
Strategic Group and Qatar-based Ocean B Holding have signed a strategic cooperation framework targeting up to $2 billion in investments in Kosova and Albania. Under the agreement, Ocean B Holding has authorised Strategic Group to represent its investment interests across the region. The mandate also covers Montenegro, North Macedonia and …
Korça attracts autumn tourists as New Year bookings begin
Korça continues to welcome groups of foreign tourists in autumn, with its traditions, local cuisine and hospitality drawing visitors from Albania and abroad. Tourists are visiting the city’s main attractions and exploring its streets. Tour operator Eriketa Koçollari said foreign groups from around the world continued to visit the city …
Equinoxe Europe Brings International Screenwriting Experts to Albania
Durrës has become a meeting point for screenwriters and filmmakers from across Europe, as Albania hosts the international Equinoxe script development programme for the first time. The National Center of Cinematography said the programme has more than 30 years of experience in developing film scripts through professional guidance and collaboration …
Albania’s 2027 budget doubles pension bonuses and disability payments for children
Albania’s 2027 draft budget will double monthly pension bonuses from January 1, while increasing support for children with disabilities and families in need. Finance Minister Petrit Malaj presented the measures at the Conference of Chairpersons. Pension indexing is scheduled for April 2027, with around ALL 1.35 billion allocated for the …
Finance minister presents Albania’s 2027 draft budget to parliamentary leaders
Finance Minister Petrit Malaj presented Albania’s 2027 draft state budget and fiscal package at the Assembly’s Conference of Chairpersons. The meeting is expected to set the timetable for parliamentary discussions and approval. The Democratic Party did not attend, saying its lawmakers had not received the supporting documents needed to review …
2027 fiscal package raises dividend tax and cuts value-added tax on basic goods
Finance Minister Petrit Malaj presented the 2027 fiscal package at the Conference of Chairpersons. He said the proposed changes would have a neutral overall effect. The package aims to redistribute income and protect vulnerable groups and the middle class. The plan rests on 3 principles: income redistribution, greater tax fairness …
Albania allocates ALL 76.7 billion for defence, 2.35% of gross domestic product
Albania plans to allocate ALL 76.7 billion to the Ministry of Defence in 2027, including ALL 7 billion in additional funding. The allocation will bring defence spending to 2.35% of gross domestic product, reflecting Albania’s commitments as a NATO member. Presenting the 2027 draft budget at the Conference of Chairpersons, …
Bonuses for Albanian Police on Protest Frontlines Spur Calls for Accountability
Security experts say Prime Minister Edi Rama has crossed a line in gifting police officers a 2,500-euro bonus for facing down protesters against his rule. Original post Here
Albania Approves Transport Strategy and Action Plan Through 2030
The Albanian government has approved a new Transport Sector Strategy and action plan through 2030. The Council of Ministers adopted the decision on Tuesday. The strategy and action plan will guide the measures and policies planned for the transport sector over the next four years. Under the decision, the Ministry …
Lungomare 3 Transforms Radhimë, Boosting Vlora’s Tourism Potential
The Lungomare 3 project is transforming Radhimë and expanding Vlora’s potential for quality tourism. The investment has upgraded coastal infrastructure and created modern public spaces for residents and visitors. Prime Minister Edi Rama shared new footage of Radhimë, highlighting the ongoing urban transformation along the Vlora coast. The new promenade …