Search Site

Trends banner

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

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.