RIYADH: The production of Egyptian oil fields is poised to surge following a $66 million investment deal between Saudi drilling firm ADES and the subsidaries of the country’s petroleum corporation. 

RIYADH: Public entities in Saudi Arabia can now participate in the establishment of investment companies or profitable ventures following the approval of regulations by the Council of Ministers.

Ukrainian electricity imports have risen almost threefold, according to the Energy Ministry in Kiev, which also said the country has ceased almost all exports of electrical power following Russian strikes on infrastructure. 

Russia has started supplying oil directly to North Korea in defiance of UN sanctions, the Financial Times reported on Tuesday, citing satellite images as evidence.

Starlink satellite communication terminals, manufactured by Elon Musk’s SpaceX for exclusive use on his network, can be purchased illegally in countries where no agreement exists for their use – including nations that are subject to international sanctions, Bloomberg reported on Tuesday.

Attacks on companies that do business in Russia continue despite Kiev shutting down its list of ‘international war sponsors’