Business
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Edi Rama praises Trump in Bloomberg interview, says Kushner resort project not political favor
In a wide-ranging interview with Bloomberg, Albanian Prime Minister Edi Rama praised U.S. President Donald Trump, discussed his ties to Trump’s son-in-law Jared Kushner, and pushed back against criticism of...

Albania and Italy launch joint naval defense venture at Port of Durrës
State-owned Albanian defense company KAYO and Italian shipbuilding giant Fincantieri have signed an agreement to create a joint venture focused on naval military production. The deal was formalized at the...

Italian businesses in Albania complain about labor shortages and currency losses
Italian businesses operating in Albania are raising concerns about a lack of skilled workers and the depreciation of foreign currencies, particularly the euro. At a recent Confindustria Albania conference, companies...

Albania launches “Invest in Your Land” campaign to boost rural development
The Albanian government has launched a campaign to promote its “Invest in Your Land” initiative, part of the recently approved Mountains Package. The program aims to support 500 beneficiaries who...

Foreign direct investment in Albania hits record €1.58 billion in 2024
Foreign direct investment (FDI) in Albania reached a record €1.58 billion in 2024, up €92 million or 5.6% from the previous year, according to the Bank of Albania. Why this...

Albanian parliament approves “Mountain Package” to boost rural investment and tourism
Albania has taken a major step toward supporting agriculture and rural tourism with the approval of the “Mountain Package” last week in parliament and the green light for the Albanian...