INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

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.