INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Russian wheat flour supply to Palestine to resume

Egypt is the world's top importer of wheat. (AFP)
  • About 15,000 tons of Russian wheat flour are scheduled to arrive in Palestine by the end of this month
  • This comes despite the current Russian-Ukrainian crisis and its effects on global supply chains, especially food

The Palestinian Ministry of National Economy has announced the resumption of the supply of wheat flour from Russia into Palestine, according to the official Palestine News & Info Agency.

This comes despite the current Russian-Ukrainian crisis and its repercussions on global supply chains, especially when it comes to food.

The ministry said in a statement that about 15,000 tons of Russian wheat flour are scheduled to arrive in Palestine by the end of this month.

Meanwhile, the Palestinian Authority is already engaged in ongoing national efforts to diversify international markets that supply Palestine with basic commodities.

The ministry said it expects a decline in wheat flour prices in Palestine in light of the positive data regarding the supply of basic commodities to the market.

The Palestinian government recently decided to exempt all sales of wheat flour wrapped in bags of 25 kg and above from the value-added tax of 16 percent for the months March, April, and May this year.