Bank loans drive life insurance growth, while fires and natural disasters raise property payouts by 20%
TIRANA, August 25 – Albania’s insurance market maintained steady growth from January to July 2026. Insurance premium income reached ALL 15.92 billion. Meanwhile, payouts to citizens rose by more than 12% to ALL 5.41 billion. Bank lending has strongly driven growth in life insurance, making it one of the market’s …
Albanian Football Federation seeks donors for 2 football fields for ethnic Albanians in southern Serbia’s Presheva Valley
TIRANA, August 25 – The Albanian Football Federation has launched a project to build 2 modern football fields in the Presheva Valley in southern Serbia, an area with a predominantly ethnic Albanian population. One field will be built in the Municipality of Presheva and the other in the Municipality of …
Term Deposits in Albanian Lek Increase by 14.8% in June
TIRANA, August 25 – Term deposits in the Albanian Lek (ALL) continued their upward trend in June 2026. According to data from the Bank of Albania, they exceeded ALL 244 billion by mid-year, marking a 14.8% increase from the same period in 2025. The growth rate accelerated from the end …
Rising number of foreign residents’ prompts expanded capacity for residence permits
TIRANA, August 25 – The number of foreigners holding residence permits in Albania reached 32,163 at the end of 2025, according to data from the Institute of Statistics. The figure increased by 46.6% from 2024. Men accounted for 65% and women for 35%, while people aged 30–39 represented the largest …
Epidemiologist Vasili on West Nile fever: Starts like mild flu, does not spread between people
TIRANA, August 25 – Epidemiologist Adela Vasili of the Institute of Public Health said West Nile fever spreads only through infected mosquitoes and not from person to person. She discussed the main symptoms after Albania confirmed its first case in Korça. Meanwhile, Vasili said authorities have confirmed no other suspected …
EU enlargement: Marta Kos proposes gradual integration and stronger safeguards
TIRANA, August 25 – European Commissioner for Enlargement Marta Kos has presented key elements of the European Commission’s plans to reform the European Union enlargement process. Euronews reported that the proposals include gradual integration, stricter checks on candidate countries and a new methodology. Speaking at the Croatian Ambassadors’ Conference in …
PM Rama: New political season should focus on citizens’ concerns
TIRANA, August 25 – Prime Minister Edi Rama said the new political season should bring stronger engagement with citizens and greater attention to their concerns. He spoke during a 2-day meeting in Pogradec with government ministers and Socialist Party political leaders from across Albania. Rama said the meeting focused on …
Foreign visitor arrivals in Albania top 7 million in seven months, nearly 2 million in July
TIRANA, August 25 – More than 7 million foreign nationals entered Albania in the first seven months of 2026, with nearly 2 million arrivals recorded in July alone. INSTAT reported 1,955,099 foreign arrivals in July, up 7.1% from 1,825,490 a year earlier. From January through July, Albania recorded 7,014,168 entries …
Travelweek highlights Tirana’s transformation into a modern capital
TIRANA, August 25 – Canadian travel media Travelweek has published an article by Tim Johnson on Tirana’s rapid transformation. The report describes the capital as a modern and dynamic city that is attracting growing international tourism. Johnson highlights the changes around Skanderbeg Square. Modern buildings, public spaces, restaurants and renovated …
Ageing vehicle fleet raises pollution risks in Albania, World Bank says
TIRANA, August 25 – Albania faces growing pollution and road-safety risks from its ageing vehicle fleet, according to the World Bank. The country’s motorization rate has increased by 122% over the past 10 years. Of the vehicles registered in Albania, 91% are more than 10 years old. The rest have …
By Përparim Kalo Tirana Times, October 29, 2026 – For the past five months, public debate in Albania has been dominated by two major developments: the so-called Flamingo Revolution and the student protests. While discussions have focused on the causes of the protests, their escalation from peaceful demonstrations into violent …
Vora and Elbasani claimed important victories on Tuesday as the ninth round of Albania’s Abissnet Superliga got underway. Meanwhile, Skënderbeu and Laçi shared the points after a 1-1 draw. Vora beat Vllaznia 2-1 at home in a closely contested match. Kashari opened the scoring in the 16th minute, while Daka …
The Ministry of Environment has opened a public grant call for small and medium-sized enterprises under the ASCEND project. The programme has a total fund of €80,000. Environment Minister Sofjan Jaupaj said the initiative aims to support businesses that promote sustainable adventure tourism and showcase natural and protected areas. He …
Albania plans public investments of ALL 201.5 billion in 2027, equivalent to 6.9% of gross domestic product. Social protection and education will also receive substantial funding under the draft budget. Presenting the 2027 draft budget, Finance Minister Petrit Malaj said capital expenditure would average around 6.6% of gross domestic product …
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 …
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 …
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 …
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 …
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 …
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, …