Prime Minister Mostafa Madbouly announced a government initiative to allow real estate companies to sell units abroad in dollars, which would support exports and provide hard currency for the Egyptian economy

Swedish multinational conglomerate IKEA has extended its trademark rights in Russia for ten years, Russian media reported on Wednesday, citing the country’s intellectual property authority.

Maritime exports or Russian crude oil saw a strong recovery in the week to February 4 after two weeks of disruptions, Bloomberg reported on Tuesday, adding that the flows from the country’s major ports were record-equaling.

Russia’s Finance Ministry has announced the volume of the first purchases of foreign currency under the country’s budget rule after a hiatus since last August, according to a press release on Monday.

EU countries continue to purchase Russian oil and gas despite bold statements about abandoning supplies, the chair of the Federation Council, Valentina Matvienko, has said.

Russian pipeline gas supply to the EU jumped by 41% last month on an annual basis, amounting to 2.52 billion cubic meters (bcm), the newspaper Vedomosti reported on Wednesday.