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Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

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Tasnee’s 2025 losses deepen

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Russia invasion of Ukraine risks displacing over 7 million: EU

  • According to the latest situation report from the OCHA, ‘more than 160,000 people have reportedly been internally displaced’
  • ‘Over 116,000 have been forced to flee across international borders into neighboring European countries,’ OCHA added

Russia’s war on Ukraine risks displacing “over 7 million people”, the EU commissioner for crisis management said on Sunday.

“We are witnessing what could become the largest humanitarian crisis on our European continent in many, many years,” Janez Lenarcic told a media conference after a meeting of EU interior ministers focused on the flow of refugees from Ukraine.

“Currently, the expected number of displaced Ukrainians is over seven million people,” he said, but cautioned he was giving only “rough estimates” from the UN because fighting prevented accurate counting.

A European Commission official later clarified that Lenarcic was giving “estimations in case the aggression continues”, based on UN information.

Lenarcic said that, according to the UN, if the war continued, “there will be around 18 million Ukrainians that will be affected in humanitarian terms, be it in Ukraine proper, or in the neighbouring countries”.

Lenarcic said that “the figures are big and we will have to prepare for this kind of emergency, which is of historical proportions”.

According to the latest situation report from the UN’s Office for the Coordination of Humanitarian Affairs (OCHA), issued late on Saturday, “more than 160,000 people have reportedly been internally displaced”.

“Over 116,000 have been forced to flee across international borders into neighboring European countries” based on UNHCR estimates, OCHA added.

The document said the Ukrainian government estimated that there could be “as many as five million refugees in worst-case scenario”.