Browsing: Economy

KUWAIT – The volume of non-oil trade exchange between Kuwait and Pakistan reached USD 590 billion in 2023, Undersecretary of Ministry of Commerce and Industry Ziad Al-Najem said Tuesday.

India’s largest private corporation Reliance Industries and the Russian company Rosneft have signed a one-year contract for monthly supplies of up to three million barrels of oil that will be paid for in rubles, Reuters reported on Tuesday, citing sources familiar with the issue.

RIYADH: Saudi Arabia has started selling its triple-tranche benchmark-sized Islamic bonds, or sukuk, with tenors of 3, 6 and 10 years, fixed-income news service IFR reported on Tuesday.

Russia’s grain harvest is not expected to exceed 130 million metric tons in 2024 due to the freezing temperatures recorded in the country earlier this month, the head of the Russian Grain Union (RGU), Arkady Zlochevsky, has said.