Pogradec to host Formula 1 World Water Race in 2024

Prime Minister Edi Rama announced Thursday that in July 2024, Pogradec will host the Formula 1 World Water Race. Through the social networks, the Albanian Head of Government revealed that this is the forerunner of Formula 1 in car racing, which will come to Elbasan in a few years. “GOOD MORNING and with FORMULA 1 […]

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Bank of Albania: Business confidence rises in March

TIRANA, April 1 – Business confidence in Albania increased in March, according to a report published today by the Bank of Albania. The overall economic sentiment improved slightly, mainly due to stronger confidence in the trade sector, and remains well above its historical average. Confidence in the industrial sector declined …

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Government adopts unified rules for public space management across Albania

TIRANA, April 1 – State Minister for Local Government Ervin Demo announced the approval of new rules for the use of public spaces. He said the regulation aims to support business development while addressing issues that limit public access for citizens. Demo said the rules create statewide standards for how …

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Government approves digital identity law, introduces screening of foreign investments in critical sectors

TIRANA, April 1 – The government approved three acts at its latest meeting, Economy and Innovation Minister Delina Ibrahimaj said. One act covers electronic identification, trusted services, and a digital identity wallet. Ibrahimaj said the law will replace paper documents and handwritten signatures. She explained that the law strengthens legal …