Latest in Tag: Ukraine Highlight
Latest in Tag: Ukraine

Ukraine crisis causes German business sentiment to “collapse”: ifo Institute
Sentiment among German companies “has collapsed” due to the Ukraine crisis, the Munich-based ifo Institute for Economic Research said on Friday.Accordingly, the institute’s seasonally adjusted Business Climate Index dropped from 98.5 points in February to 90.8 points in March.Due to the international sanctions against Russia and the supply chains interrupted by the military conflict in …

US, NATO should hold dialogue with Russia to address Ukrainian crisis: Chinese President
According to the agency, the Chinese president called on his US counterpart to “take into consideration the global stability, work, and lives of billions of people and think about how to properly address global hot issues.”

Egypt’s Ambassador in Moscow meets Egyptians that escaped Ukraine
This is part of the efforts made by the embassy over the past weeks to open safe crossings to evacuate citizens stranded in the cities of Kharkiv, Sumi, Kherson, and Mariupol.

Economic Impact of the Russia-Ukraine Conflict: A Blow to the Region?
Asharq Business with Bloomberg has dedicated extensive coverage of the Russia-Ukraine crisis providing up-to-date news and in-depth analysis while shedding light on the conflict’s economic secrets

Ukraine crisis will affect Middle East due to high inflation: Arab League
According to a statement issued by the AL, Aboul-Gheit praised the efforts of the ESCWA and its keenness to strengthen cooperation with the AL to achieve the goals of sustainable development.

US warns China against helping Russia as anti-war protester disrupts state TV news
Russia has not captured any of the 10 biggest cities in Ukraine since beginning its incursion on Feb. 24

World faces food crisis due to Ukraine war, Russian billionaire Melnichenko says
Several of Russia’s richest businessmen have publicly called for peace since President Vladimir Putin ordered the offensive on Feb. 24, including Mikhail Fridman, Pyotr Aven and Oleg Deripaska.

Egyptian students evacuated from Ukraine apply to study in home country
Minister Nabila Makram stated that her ministry will continue receiving applications for two weeks.

Global food crisis looms due to Ukraine war, Russian billionaire Melnichenko says
Reuters – A global food crisis looms unless the war in Ukraine is stopped because fertiliser prices are soaring so fast that many farmers can no longer afford soil nutrients, Russian fertiliser and coal billionaire Andrei Melnichenko said on Monday. Several of Russia’s richest businessmen have publicly called for peace since President Vladimir Putin ordered …

Russian-Ukrainian war to take a toll on Egypt’s real estate sector: Stakeholders
Ramy Saleh, Chief Business Development Officer at Al-Marakby Steel, said that the war between Russia and Ukraine is greatly affecting the iron and steel industry in the world, not only Egypt, especially since Russia is one of the top 10 countries in steel production globally, and Ukraine is among the top 20.

Ukraine expects new wave of attacks in Kyiv, Kharkiv, and Donbass
Satellite images monitored the movement of a huge convoy of Russian forces north of the Ukrainian capital, Kyiv.

Arab League hopes MENA crises will not be overlooked amid Russia-Ukraine war
The secretary-general also voiced his hope for a diplomatic outcome to the ongoing conflict that would spare the blood of innocent bystanders on all sides and preserve the rights of all parties by addressing their concerns.

Egyptian, Russian leaders discuss Ukrainian crisis on phone call
Egypt supports diplomatic efforts to reach political settlement of crisis: Al-Sisi

US bans Russian energy imports, Ukrainians flee cities under fire
On the ground in Ukraine, the Kyiv government accused Russian forces of shelling a humanitarian corridor that Moscow had promised to open to let residents flee the besieged port of Mariupol.

6,000 Egyptian stranded in Ukraine, most of them young people: Expatriate Affairs Minister
The minister also praised the cooperation of the Ministries of Foreign Affairs, Aviation, and Interior to bring our children back home

India’s Modi urges Russia’s Putin to hold direct talks with Ukraine president – source
Reuters- Indian Prime Minister Narendra Modi urged Russian President Vladimir Putin to hold direct talks with Ukraine’s Volodymyr Zelenskiy in a phone conversation on Monday, according to an Indian government source. “President Putin briefed Prime Minister Modi on the status of negotiations between the Ukrainian and Russian teams,” the source said, declining to be named …

Al-Azhar urges world to double humanitarian aid to Ukraine
“We are witnessing the horror of Ukrainians leaving their homes in search of safety; It is a true test of our humanity,” Al-Tayeb said in a tweet.

EIB approves €668m immediate financial support to Ukraine
Financial support is part of EIB’s Ukraine Solidarity Urgent Response

Russia’s offensive in Ukraine heralds global economic crisis
With Russia refraining from exporting, Europe will face a crisis in continuing development and operating its factories, and with the gas price increasing by 500% as a result of the war between Russia and Ukraine, the cost of transportation and products will rise, which will cause great damage to Europe.

10k Russian soldiers killed in battles: Ukrainian President
Russia could not be isolated, because US and Europe are not whole world: Kremlin

Russia agrees to resume talks with Ukraine
‘We are ready for talks, but not ready to accept Russian dictation,’ says Ukrainian Foreign Minister

Egypt’s diplomatic missions continue facilitating exit of Egyptians from Ukraine
“The embassies have also made all contacts and coordination with the authorities of those states at various levels in this regard, as well as ensured the accommodation of citizens in hotels and other temporary accommodations,” Hafez added.

International shipping costs projected to increase due to Russian-Ukrainian war
Al-Samdouni said that the war between Russia and Ukraine has prompted buyers of wheat, corn, and sunflower oil to search for alternative shipments, which is increasing global food prices to their highest levels in many years, especially since Russia and Ukraine constitute about 29% of global wheat exports, along with 19% of the world’s corn supply, and 80% of sunflower oil exports.

Egypt to send plane to evacuate citizens escaping Ukraine
Cabinet Spokesperson Nader Saad said the EgyptAir plane will arrive at the Romanian Capital, Bucharest, to take Egyptian students back home as per the president’s directives.

Opinion| Putin puts an end to US hegemony
President Biden has managed the Ukraine crisis in the worst possible way, showing the whole world that he can deter Russia when the actual truth is certainly the opposite. The United States may have the ability to project its power anywhere in the world, but when dealing with another great power’s sphere of influence, its deterrence capacity is greatly diminished.

Opinion| Putin restores glory of czars and Biden is out of the scene
Both Putin and Chinese President Xi Jinping have expressed their mutual willingness for more close coordination and mutual support at the United Nations, as Xi stressed that he respects the actions of the Russian leadership in the current crisis and that Beijing supports a negotiated settlement between Russia and Ukraine.

Fighting in Ukraine must stop: UN chief
UN Secretary-General Antonio Guterres on Monday called for an immediate end to Russia’s military operations in Ukraine. “The fighting in Ukraine must stop. It is raging across the country, from air, land and sea. It must stop now,” he told an emergency special session of the UN General Assembly on Ukraine. “Enough is enough. Soldiers …

Arab League calls for resolving Ukraine crisis diplomatically
“We are aware of the positions of all parties, which are all friendly parties, and we believe that it was necessary to intensify the work to reach arrangements satisfactory to all without resorting to military force, because wars have their sad and regrettably high cost,” Aboul-Gheit said.

Egypt embassies in Ukraine’s neighbouring countries to receive Egyptians fleeing war
This comes in light of recent developments in the Ukraine-Russia war.

G7 ambassadors in Cairo rally behind Ukraine, urge Egypt to condemn Russian offensive
UN General Assembly is meeting this week to discuss Ukraine crisis