Author: Steven Sahiounie

MOSCOW, May 3. /TASS/. The price of futures contracts of Brent crude oil for July delivery has dropped below $83 per barrel on London’s ICE for the first time since March 13, according to trading data.

Russian Agriculture Minister Dmitry Patrushev said earlier that the ministry planned purchasing interventions on the grain market in the volume of up to 2 mln tons, adding that global grain prices and high yield expectations put pressure on domestic grain prices

MOSCOW, May 3. /TASS/. Russia’s Economic Development Ministry has offered a new standard of reporting on sustainable development to business.

MOSCOW, May 6. /TASS/. The dollar exchange rate has rosen by 5 kopecks since last close, with the greenback trading at 91.65 rubles on the Moscow Exchange at the start of trading on Monday.

RIYADH: Saudi-based fintech Rasan Information Technology Co. is set to offer 22.74 million shares for an initial public offering on the Kingdom’s main market.

Middle Eastern countries face unique challenges that compound the urgency of tackling this environmental crisis

RIYADH: Investors eyeing environmental opportunities in Saudi Arabia’s Eastern Province stand to benefit from a forum held on May 5, amidst efforts to preserve natural resources. Organized by the Eastern Chamber under the theme “Restoration and Sustainability,” the Environmental Investment Forum 2024 aims to underscore the importance of ecological preservation. The event, patronized by Prince Saud bin Naif, Gov. of the region, also delves into the effects of environmental regulations and legislation on the business sector, the Saudi Press Agency reported. Badr bin Suleiman Al-Ruzaiza, chairman of the regional chamber, emphasized the importance of environmental protection within the framework of…

RIYADH: Saudi Arabia’s non-oil revenues rose by 9 percent to reach SR111.51 billion ($29.73 billion) in the first quarter of 2024 as compared to the same period in 2023, the Ministry of Finance said. In its quarterly budget performance report, the ministry said the Kingdom posted total revenues of SR293.43 billion in the same quarter, while its public spending amounted to SR305.82 billion. According to official data, total revenues increased 4 percent as compared to Q1 of 2023. In the first quarter of the current year, the Kingdom posted a budget deficit of SR12.39 billion with oil revenues reaching SR181.92…

Mohamed’s disappearance adds to the deepening despair in El Hencha, situated just 150 kilometres (90 miles) from the Italian island of Lampedusa

Kuwait – The decrease in oil prices led to a 10% decline in Kuwait’s trade surplus value in January compared to the same period last year, dropping from 1.2 billion dinars to 1.1 billion dinars, reports Al- Qabas daily.