World Bank cuts 2023 economic growth forecasts to 1.7%
The World Bank (WB) slashed its growth forecasts for most countries and regions to 1.7 percent for 2023, compared…
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Ukraine
Ryanair airline in talks to expand flights to Egypt, Libya
Europe's largest airline Ryanair is in talks with authorities in Egypt and Libya about the possibility of running…
Germany to nationalise Russian Gazprom’s assets to secure its energy needs
Germany has declared on Monday that it will nationalise a former subsidiary of the Russian energy giant Gazprom,…
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…
Zara to exit Russian market, sells its businesses to UAE’s Daher Group
Zara owner Inditex has announced on Tuesday that it would sell all its business in Russia to UAE-based Daher Group,…
Gulf’s bourses end lower on Monday except Oman gains
Gulf’s most bourses closed lower on Wednesday as investors ready for a hefty interest rate hike from the U.S.…
Russia, China leaders set to meet on Thursday in Samarkand
Russian President Vladimir Putin plans to meet China’s President Xi Jinping in Samarkand city, Uzbekistan on…
Egypt agrees to replace retained Ukrainian wheat cargo after weeks of negotiations
Egypt’s state grains buyer GASC has agreed to replace impounded the Ukrainian wheat shipment with 60,000-ton cargo…
IMF discusses expanding emergency aid to counter rising food prices
The International Monetary Fund (IMF) is looking for ways to provide emergency financing to countries facing food…
