
Syria reportedly ends currency printing deal with Russia, eyes UAE, Germany for new banknotes
As sanctions against Syria ease, the new leadership is seeking deeper ties with Arab and Western countries, ending its reliance on Moscow.
As sanctions against Syria ease, the new leadership is seeking deeper ties with Arab and Western countries, ending its reliance on Moscow.
Russia has overtaken the United Arab Emirates as India's top naphtha supplier in the past year, as Indian refiners capitalize on discounted Russian shipments, Reuters reported on March 20, citing preliminary ship-tracking data.
Pavel Durov, Telegram's Russian-born founder and CEO, said that the investigating judges allowed him to depart even though the probe is ongoing.
Zelensky's arrival in the UAE kicks off a regional tour that includes official visits to Saudi Arabia and Turkey.
Banks in the United Arab Emirates (UAE) have been rejecting transactions from Russian companies for electronic components and consumer electronics from China since early August, the pro-Kremlin outlet Kommersant reported on Aug. 28.
The United Arab Emirates introduced a ban on ships bearing the flag of the African nation of Eswatini, signaling further restrictions on "shadow fleet" vessels carrying Russian oil, Bloomberg reported on Aug. 8.
Another 95 Ukrainian defenders have been brought back home, including service members of the Armed Forces, the National Guard, and the Border Guard, President Volodymyr Zelensky announced on July 17.
"Sanctions slow the economy, (they) never stop it," said Hamam Buamim, chair of the Dubai Multi Commodities Center. "Trade continues flowing, it just flows in a different way."
The following is the April 30, 2024 edition of our Ukraine Business Roundup weekly newsletter. To get the biggest news in business and tech from Ukraine directly in your inbox, subscribe here. Polish farmers finally ended their protests at the Hrebenne-Rava-Ruska border crossing on April 29, effectively lifting a blockade
Ukraine and the United Arab Emirates have finalized a bilateral trade agreement that lays the foundation for deepening investment and trade between the two countries, Ukraine's Economy Ministry announced on April 29.
Banks in China, the UAE, and Turkey have boosted sanctions compliance leading to Russian oil firms facing months of delays in receiving payments, Reuters reported on March 27. In some cases, money transfers to Moscow have been rejected entirely, several sources familiar with the matter told the outlet.