Canada pledges more 4 tanks to Ukraine
Canadian Prime Minister Justin Trudeau said that the country is sending four more Leopard two battle tanks to…
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Russia
U.S., allies plan to impose more strict Russian sanctions
U.S. and its allies are planning to impose new stricter sanctions this week to crack down Russia’s efforts escaping…
Russian economy records 2.1% low in 2022
Russian economy has declined by 2.1 percent last year, the Federal Statistics Service said on Monday, shrinking…
Japan to give $5.5bn additional aid for Ukraine
Japanese Prime Minister Fumio Kishida announced on Monday a new financial aid valued at ¥740bn ($5.5bn) to Ukraine,…
Maersk nears to exit Russia after selling 2 logistics sites
Shipping and logistics group AP Moller-Maersk has agreed on Monday sell its two logistics sites in Russia to IG…
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…
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…