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  • Saudi Arabia Provided $10 Million Aid to Ukraine Refugees

    Advisor at the Royal Court and Supervisor General of King Salman Humanitarian Aid and Relief Center (KSrelief) Dr. Abdullah bin Abdulaziz Al Rabeeah stressed on Tuesday that Saudi Arabia’s support for refugees from Ukraine to Poland and neighboring countries is an extension of its humanitarian efforts in supporting refugees and afflicted people across the world.

  • What the Russia-Ukraine war means for Iraqi Kurdistan

    Russia’s invasion of Ukraine has had wide-ranging economic, political, and social consequences around the world, including in Iraqi Kurdistan. Food and fuel prices have increased dramatically since the conflict began in February, and supplies of medicine imported from Ukraine have threatened to run short. Kurdish students studying in Ukraine have also had to return home. Additionally, with Europe facing natural gas shortages, plans to export the vital fuel from the Kurdistan region have exacerbated political tensions within Iraq. Always vulnerable to the vagaries of geopolitics, Iraqi Kurdistan is likely to feel the reverberations of the Russia-Ukraine war for the foreseeable future.

  • Ukraine seeks to extend shipping safe passage deal beyond grain

    Three grain ships left Ukrainian ports on Friday while the first inbound cargo vessel since Russia's invasion was due in Ukraine later in the day to load, as Kyiv called for the safe passage deal to be extended to other cargoes such as metals. The July 22 deal marked a rare diplomatic breakthrough as war rages in eastern Ukraine, with Kyiv trying to rebuild its shattered economy after more than five months of conflict.

  • Turkey says ship carrying first Ukrainian grain on track for safe arrival

    The first ship carrying Ukrainian grain to world markets since Russia's invasion blocked exports more than five months ago is on track to safely arrive in Istanbul on Tuesday night, Turkey said, amid Ukrainian fears it could still run into problems. The vessel's departure on Monday from the Ukrainian port of Odesa for Lebanon via Turkey under a safe passage deal has raised hopes of further such departures which could help ease a burgeoning global food crisis.

  • Turkey’s Diplomatic Success with Russia and Ukraine

    “The UN and Turkey have been working for two months to broker an agreement over the blocked grains. Before last week's talks in Istanbul, diplomats said details of the plan included Ukrainian vessels guiding grain ships in and out through mined port waters while Turkey—supported by the UN—would inspect ships to allay Russian fears of weapons smuggling. All the while, Russia would agree to a truce while shipments move.”

  • Ukraine war rekindles Europe’s demand for African oil and gas

    Energy firms are considering projects worth a total of $100 billion on the continent, according to Reuters calculations based on public and private company estimates. African countries that currently have little or no oil and gas output could see billions in energy investments in the coming years, including Namibia, South Africa, Uganda, Kenya, Mozambique and Tanzania.

  • Saudi Arabia’s Kingdom Holding buys stake in UK’s M&G Plc

    Saudi Arabia's Kingdom Holding (4280.SE) announced on Thursday an investment of 1.01 billion Saudi riyal ($269 million) in UK- listed global insurance and asset management firm M&G Plc

  • Putin visits Iran on first trip outside former Soviet Union since Ukraine war

    Russian President Vladimir Putin visited Tehran on Tuesday for talks with Iranian Supreme Leader Ayatollah Ali Khamenei, the Kremlin leader's first trip outside the former Soviet Union since Moscow's Feb. 24 invasion of Ukraine. In Tehran, Putin will also hold his first face-to-face meeting since the invasion with a NATO leader, Turkey's Tayyip Erdogan, to discuss a deal aimed at allowing the resumption of Ukraine's Black Sea grain exports as well as peace in Syria.

  • Saudi Aircraft Leasing Company Launches In UK And Signs Up First Customer

    The aviation industry’s newest aircraft leasing company AviLease secured its first deal on July 18, with a deal announced with Saudi airline FlyNas. The agreement covers 12 new Airbus A320neo jets, which will be delivered in 2022 and 2023. The Saudi airline confirmed the outline of the deal on Twitter.

  • Putin visits Iran for first trip outside former U.S.S.R. since Ukraine war

    Just three days after U.S. President Joe Biden finished a visit to Saudi Arabia, Russia's paramount leader arrives in Tehran to hold his fifth meeting with Khamenei, Iran's second supreme leader who came to power in 1989. "The contact with Khamenei is very important," Yuri Ushakov, Putin's foreign policy adviser, told reporters in Moscow. "A trusting dialogue has developed between them on the most important issues on the bilateral and international agenda."