Business & Economy - Page 6

The Chief Executive Officer of OTP Bank Albania, Mr. Bledar Shella, described this investment as a reflection of the bank’s vision to build long-term and sustainable relationships with its clients.

OTP Bank Albania inaugurates new Private Banking premises in Tirana

Tirana Times, May 18, 2026 – OTP Bank Albania has inaugurated new premises dedicated to the Private Banking segment, unveiling an exclusive space designed for clients seeking personalized service and advanced financial

6 days ago

2 mins read

Prof. Dr. Alaa Garad is President and Founding Partner of the Stirling Centre for Strategic Learning and Innovation, University of Stirling Innovation Park, Scotland. He is actively engaged in health tourism, higher education and organisational learning across the Western Balkans, including the Global Health Tourism Leadership Programme in Albania.

Business & Economy·Features

Building a Trusted Health Tourism Ecosystem: Albania’s Next Competitive Advantage

by Professor Alaa Garad Tirana Times, March 17, 2026 – There are countries you visit, and there are countries you remember. Albania is rapidly becoming the latter. I began writing this article

2 months ago

7 mins read

Business & Economy

Behind Albania’s Collapsing Roads: Clientelism and Corruption

Tirana Times, February 12 2026 – The rapid deterioration of newly inaugurated roads and tunnels across Albania has exposed far more than technical shortcomings. What authorities have sought to explain as weather-related

3 months ago

4 mins read

Faced with corruption and unpredictable tax system, top business associations demand comprehensive reforms

Business & Economy

TIRANA, April 12, 2023 – Doing business in Albania is hard as the economic “environment is inefficient and requires significant improvement,” five chambers of commerce in Albania, including those representing American, German,

3 years ago

3 mins read

Concerns raised as Tirana mulls exiting ICSID over Becchetti affair €120-million judgement

Business & Economy·Main·Premium

TIRANA, April 11, 2023 – With Albania’s government losing its final appeal to reverse a €120-million penalty in the Francesco Becchetti affair case earlier this month, Tirana is mulling exiting the jurisdiction

3 years ago

8 mins read

PM pitches large public sector wage increases, leading to concern over costs, political use

Business & Economy·Main·News

TIRANA, April 8 – Albania’s government is preparing to approve large wage increases in the public sector that could lead to the average salary going up 60 percent by 2024, Prime Minister

3 years ago

3 mins read

Through regional networking, Western Balkans businesses are preparing for the European Union market

Business & Economy

By DEJAN AZESKI SKOPJE, March 31, 2023 – Improving infrastructure, solving barriers that exist to speed up the flow of goods and services, establishing a joint airline that will connect the region, solving

3 years ago

6 mins read

Albania’s economy grew by 4.8% in Q4, beating expectations

Business & Economy

TIRANA, April 1, 2023 – Albania, the Gross Domestic Product (GDP) increased by 4.84 percent compared to the previous year, the Institute of Statistics said in its publishing of data on economic

3 years ago

1 min read

Albania’s central bank raises key rate by 0.25%

Business & Economy·News

TIRANA, March 23, 2023 – Albania’s central bank has raised its key interest rate by another quarter of a percentage point in its attempt to fight inflation, the Bank of Albania governor

3 years ago

2 mins read

As number of young workers declines, over 65s working at higher rates

Business & Economy

TIRANA, March, 25, 2023 – While Albania’s employment indicators have improved year over year, since 2020, the number of employed people is decreasing in the younger population groups, while it is increasing

3 years ago

2 mins read

Wage hikes in private sector outpacing public increases as Albania’s businesses struggle with retention

Business & Economy·News

TIRANA, March 20, 2023 – Albania’s private sector salaries are increasing and doing so at a higher rate than public sector ones, as businesses struggle to retain workers competing with migration and

3 years ago

2 mins read

Green for growth fund to invest in landmark renewable energy project in Albania

Business & Economy

TIRANA, March 11, 2023 – The Green for Growth Fund (GGF) has announced a EUR 28 million loan to fund a landmark transaction with SPV Blue 1 in Albania. The privately owned

3 years ago

5 mins read

Most of the highway has already been built in Albania and Kosovo with taxpayer funds, like the Rruga e Kombit section seen here, but there are sections that could use improvements or be built from scratch in all three countries, particularly in Serbia.

North Macedonia signs €1.3 bln deal to build new highways, including key corridor to Albania

Business & Economy·News

TIRANA, March 9, 2023 – North Macedonia’s government has signed a deal with the Bechtel Enka consortium for the construction of parts of European highway corridors 8 and 10, totaling 110 kilometers.

3 years ago

2 mins read

Albania - Germany government leaders meeting in Berlin. (Photo: Screen Grab/PDP)

Concern over Albania losing doctors to Germany highlighted as leaders meet

Business & Economy·Features·Main·News

TIRANA, March 8, 2023 – The emigration of medical professionals from Albania to Germany, which has led to public concern and criticism of the Albanian government, has now become for the first

3 years ago

4 mins read

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Business & Economy - Page 6

OTP Bank Albania inaugurates new Private Banking premises in Tirana

Building a Trusted Health Tourism Ecosystem: Albania’s Next Competitive Advantage

Behind Albania’s Collapsing Roads: Clientelism and Corruption

Faced with corruption and unpredictable tax system, top business associations demand comprehensive reforms

Concerns raised as Tirana mulls exiting ICSID over Becchetti affair €120-million judgement

PM pitches large public sector wage increases, leading to concern over costs, political use

Through regional networking, Western Balkans businesses are preparing for the European Union market

Albania’s economy grew by 4.8% in Q4, beating expectations

Albania’s central bank raises key rate by 0.25%

As number of young workers declines, over 65s working at higher rates

Wage hikes in private sector outpacing public increases as Albania’s businesses struggle with retention

Green for growth fund to invest in landmark renewable energy project in Albania

North Macedonia signs €1.3 bln deal to build new highways, including key corridor to Albania

Concern over Albania losing doctors to Germany highlighted as leaders meet

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Albania signs €1bn deal with Italy and UAE on renewable energy, new undersea connection

A Rising Tide Lifts Empty Boats

Albanian saw quality of life stagnate as rest of region improved, according to EBRD report

A Courageous Tug o’ War for American Investment

Ryanair unveils expansion plans and new routes from Tirana International Airport

EU agriculture funds for Albania suspended indefinitely following misuse investigation, ministry tells parliament

Qatar Square to serve as Tirana’s newest hub and vital part of New Boulevard project

Bank of Albania shifts policy, cutting key rate by 0.25% to 3%

Albania signs long-awaited social insurance deal with Italy

Reflecting renewed emigration wave, remittances to Albania reached record high in 2023

Shadow Fleet, Weak Oversight: How Russian Sanctions Evasion Reached Albania’s Ports

Albania–Italy Migration Deal Continues

Albania Says Italy Migration Deal Ends in 2030