Russia’s oil sector faces slow infrastructure investments over EU sanctions
Russia’s war in Ukraine has been draining the country’s oil sector, with recent European sanctions closing off…
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Russia
Egypt sign contract to establish railway factory with Russian TMH International AG
The Egyptian National Railways (ENR) has signed a contract to build a sizable factory in the Abu Zaabal workshop…
Russia mulls to sell wheat for Egypt using rubles instead of dollars
Russia is considering selling wheat to Egypt in exchange for Russian rubles in lieu of the U.S. dollar, Russian…
Egypt receives 63,000 tons of Russian wheat at Safaga port
Egypt’s Safaga Port has received on Saturday 63,000 tons of Russian wheat aboard the dry cargo ship PAREA,…
Russia adopts Egyptian pound instead of U.S. dollar
The Russian Central Bank has added the Egyptian pound into the Russian exchange rate list, to increases reliance on…
Russian oil price cap could save African countries $6bln annually
U.S. Treasury secretary Janet Yellen said in Senegal's capital Dakar on Friday the oil price cap on Russia could…
Russian gas exports outside ex-Soviet states fell 45.5% in 2022 – Gazprom
Russian gas giant Gazprom has announced that exports outside former Union of Soviet Socialist Republics (USSR) has…
Russia U-turns stance, to resume Black Sea grain deal midday
Russia will resume its participation in the Black Sea grain deal, its defence ministry said in a statement on…
Russia won’t take steps on Ukrainian grain export deal until after investigation –…
Russia will not take any steps on the Ukrainian grain export initiative abandoned by Moscow, after a full…
Russia suspends Ukrainian grain export deal, following attack on Sevastopol
Russia has suspended its participation in UN-brokered agreement to export grain for Ukraine, following drone…