Albania delays new property tax system to 2028

TIRANA, Oct 6 (TemA) — Albania will delay its new property tax until 2028, the Finance Ministry said Monday. A new bill is due in 2026 and will take effect in 2028 together with a fiscal cadastre. The system will tax both buildings and land by...

Private Albanian Marina to Participate in the World Conference of Private Navies

The private Albanian marina Cristian Marine from Durrës will participate in the World Conference of Private Navies in Venice, taking place from October 15–17. At this important event, Cristian Marine will represent Albania, accompanied by Monica...

Reform needed to reinforce the legitimacy of ISDS in resolving societal challenges

Introduction In recent years, international trade and investment have continued to flourish despite global economic uncertainties. Global trade hit a record US$33 trillion in 2024, increasing by 3.7 per cent from 2023.[1] The Association of...

FiK 64 rumours: Albanian insiders whisper Genta Ismajli, Fifi and Era Istrefi

FiK, yeah! It’s officially FiK season. After last year’s explosive and wildly successful edition of Festivali i Këngës, expectations are sky-high and the buzz is louder than ever. That’s after another edition which saw Albanian audiences split...

Albania and Colombia Arrest 17 for Trafficking Women for Sex Work

Albanian police (archive image). Photo: Geri Emiri/BIRN A group of suspected human traffickers, who had trafficked over 50 women, have been arrested in Albania and Colombia as a result of cooperation between the Albanian and Colombian authorities,...

Oppenheim unveils red-hue tower on Albania’s southern coast

anchor Image credit: MIR Oppenheim Architecture has released renderings of Vlore Beach Tower, a new 21-story residential building set to anchor the redevelopment of Albania’s southern coastline. Located two miles from Vlore’s historic center, the...

Questions loom over Albania's forests after devastating fires

As Albania recovers from a summer of devastating wildfires, locals and experts are eyeing a long road back to save its shrinking forests from intensifying disasters. In some of the worst blazes to ever hit Albania, nearly 60,000 hectares (nearly...

Albania creates state bus firm to modernize transport

TIRANA, Oct. 2 (TemA) — Albania approved a 100% state-owned bus company, MobAl sh.a., to provide road passenger transport nationwide, including routes to tourist areas, the government said. The company will sit under the Ministry of Infrastructure...

Govt plans tax reforms to boost revenue by 2030

TIRANA, Oct. 26 (TemA) — Albania will reform its tax system to align with EU rules and lift budget revenue to €10 billion by 2030, Finance Minister Petrit Malaj said. He said the reform package includes a limited amnesty to clear overdue tax and...

Albania installs AI bot as minister of procurement, in effort to end corruption in contract awarding

When Albanian Prime Minister Edi Rama announced that his newest cabinet member would be “Diella,” an artificial intelligence bot, it was easy to dismiss the move as Balkan political theater. But in Albania, the debate has quickly turned to whether...

Albania reviews 105 MW of new solar project applications

Albania’s Ministry of Infrastructure and Energy has received three proposals for solar parks totaling 105.6 MW, all without subsidies or concessions. October 2, 2025 Patrick Jowett Image: Marco De Hevia/Unsplash Albania’s Ministry of...

Construction and Trade Lead as 92% of Albanian Businesses Post Profit

Around 92% of businesses in the country reported profits during the first half of this year. According to a survey by the Bank of Albania, sales performance was strongest among large enterprises and those in the construction and trade sectors. The...

Serbia vs Albania Prediction and Betting Tips | October 11th 2025

The action continues in Group K of the 2026 FIFA World Cup qualifiers as Serbia and Albania go head-to-head on Saturday. Both sides played out a goalless draw in March’s reverse fixture and will be looking to get the better of each other at the...

How have Albanian networks come to dominate cocaine trafficking to Europe?

While the world was grappling with the COVID-19 pandemic and its knock-on effects on global trade, one illicit economy proved stubbornly resilient to the shocks: cocaine trafficking. On 4 November 2020, containers from a ship bound from Paraguay...

Albania links student internships to state jobs

TIRANA, Oct 1 (TemA) — The government signed a cooperation deal with the Polytechnic University of Tirana to place students in paid internships across state institutions and on energy-infrastructure projects. The deal plugs skills gaps in public...

Region Leading in Loans: Tirana Holds 67%, Elbasan Sees Strong Growth

The Tirana region holds the largest share of lending in the country for individuals, accounting for nearly 70% of the total. However, this year, the strongest growth in loan demand has been recorded in Elbasan, with an increase of around 7.5%....

Albania Keeps Rates Unchanged Amid Steady Growth

Governor of the Bank of Albania, Gent Sejko, announced on Wednesday that the Albanian economy is showing stable performance, leading the central bank to keep the base interest rate unchanged at 2.5%. According to Sejko, economic growth forecasts...

Employment in Garment Industry Down by 25%

The textile and footwear industry has cut about 8% of employees between the second quarter of 2024 and 2025, while compared to 2023, the industry has "lost" almost a fifth of its workforce, according to official INSTAT data. The employment index...

NATO conference opens in Tirana

TIRANA, Oct. 9 (TemA) – Albania hosts NATO’s third Cyber Defence Conference on Thursday and Friday, bringing together political leaders, senior experts, industry representatives and security institutions from Allied and partner countries. The...

QTU Celebrates Its 20th Anniversary as Albania’s First Shopping Center

QTU, the first shopping center in Albania, celebrates its 20th anniversary—marking two decades as a benchmark destination for shopping and family entertainment. Opened in 2005 as the first shopping center in the country, QTU quickly became a...