News

Saudi Arabia to partner with Russia at St Petersburg economic forum marking diplomatic centenary

bnm Gulf bureau August 6, 2025

Saudi Arabia will serve as the guest country at the St Petersburg International Economic Forum 2026, scheduled from June 3 to June 6, coinciding with the centenary of diplomatic relations between Saudi Arabia and Russia.

Saudi Arabia to partner with Russia at St Petersburg economic forum marking diplomatic centenary

bnm Gulf bureau August 6, 2025

Saudi Arabia will serve as the guest country at the St Petersburg International Economic Forum 2026, scheduled from June 3 to June 6, coinciding with the centenary of diplomatic relations between Saudi Arabia and Russia.

Kremlin considering “air truce” as US envoy Witkoff arrives in Moscow for talks – Bloomberg

bne IntelliNews August 6, 2025

Russia is considering an “air truce” with Ukraine, ending its campaign of long-range drone and missile strikes against cities throughout country, as US special envoy Steve Witkoff arrives in Moscow on August 6.

Russian drone made with India-linked components found on Ukraine’s battlefields

Ben Aris in Berlin August 5, 2025

A Russian drone containing Indian-made electronic components has been discovered on Ukraine’s battlefield, head of Ukraine’s presidential office, Andriy Yermak said in a social media post.

Bolsonaro house arrest threatens to escalate US-Brazil diplomatic crisis

bnl editorial staff August 5, 2025

Brazil's Supreme Court decision to place former president Jair Bolsonaro under house arrest has heightened concerns within President Lula da Silva's government that Trump will use the move to justify further economic retaliation.

Czech president says Ukraine unlikely to reclaim occupied territories

bne IntelliNews August 5, 2025

Czech President Petr Pavel has said Ukraine will not be able to liberate its Russian-occupied territories in the near future, and that it is unfair to pressure Kyiv to give them up, Interfax reported on August 5.

Russia detains 300 Tajiks for migration law violations in Moscow raid

bne IntelliNews August 5, 2025

Russian National Guard special forces detained 300 people for suspected migration law violations during a raid at a hostel in central Moscow.

Russia counters Trumps nuclear submarines, abandons self-imposed limits on short- and medium-range missiles

bne IntelliNews August 5, 2025

Russia has declared it will no longer observe self-imposed restrictions on deploying medium- and short-range missiles, ending a moratorium introduced after the collapse of the Intermediate-Range Nuclear Forces Treaty with the United States.

Ukraine’s agro-powerhouse MHP completes acquisition of majority stake in Spain’s Grupo UVESA

bne IntelliNews August 4, 2025

Ukraine’s agro-powerhouse MHP completes acquisition of majority stake in Spain’s Grupo UVESA.

Suspected Tajik terrorist gunmen go on trial in Moscow over Crocus City Hall bloodbath

bne IntelliNews August 4, 2025

Pleas of guilty and partly guilty entered by four accused. Fifteen alleged accomplices will also be tried in mainly closed-door hearing.

US to introduce up to $15,000 bonds for tourist visas under pilot programme

bnm Gulf bureau August 4, 2025

The United States will require bonds of up to $15,000 for some tourist and business visas under a pilot programme launching on August 20, aimed at cracking down on visitors who overstay their visas.

China’s BYD entry to Slovak market boosts EV sales

bne IntelliNews August 4, 2025

The entry of China’s BYD on the Slovak market is boosting the sale of electric vehicles (EVs), according to industry experts.

Kuwait establishes KWD50bn investment company targeting Saudi market

bnm Gulf bureau August 4, 2025

Kuwait's government plans to establish an investment company for regional mega-projects, primarily targeting the Saudi market amid the Kingdom's economic boom and major transformational projects under Vision 2030.

Brazilian deepwater yields BP's biggest oil and gas find in decades

bnl editorial staff August 4, 2025

BP has announced its most significant oil and gas discovery in 25 years following successful drilling at the Bumerangue prospect in Brazil's deepwater Santos Basin.

Iraq greenlights pharmaceutical factory and power projects in reconstruction push

bna Cairo bureau August 4, 2025

Iraq approves pharmaceutical factory in Mosul and new power projects as part of reconstruction drive. Committee chaired by PM Al-Sudani endorses housing, electricity and industrial investments.

Kremlin does not rule out Putin meeting with Trump envoy in Moscow

bne IntelliNews August 4, 2025

The Kremlin has not ruled out the possibility of a meeting between Russian President Vladimir Putin and US President Donald Trump's special envoy Stephen Witkoff this week.

Several missing as flash floods hit 70 residential areas and 34 homes in Russia's Krasnodar region

bnm Gulf bureau August 4, 2025

Torrential rains in Russia's Krasnodar region have flooded 70 residential areas and 34 homes in the villages of Defanovka.

Egypt allocates $123.6mn for first phase of strategic Libya land connection

bna Cairo bureau August 4, 2025

Egypt's government has allocated EGP 6bn ($123.6mn) for the implementation of the first phase of a strategic land connection project with Libya.

Ukraine’s anti-corruption agencies launch a crackdown with wave of arrests

Ben Aris in Berlin August 4, 2025

The Ukrainian government has cracked down on corruption with a wave of arrests of lawmakers, as it attempts to undo the damage caused after rushing through a law that gutted Ukraine anti-corruption reforms.

Over 50 migrants dead after boat capsizes off Yemen

bno - Kolkata Office August 4, 2025

The vessel overturned near the province of Abyan, with just 10 individuals rescued so far and dozens still missing, according to local authorities.

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