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Zelensky announces plan to seize Russian assets through international guarantees
October 11th, 2025 - 06:02 GMT
Osama Ali

Osama Ali

Zelensky announces plan to seize Russian assets through international guarantees

ALBAWABA - Ukrainian President Volodymyr Zelensky said he had a new plan to take Russian assets that are frozen overseas and use them for Ukraine's defense and rebuilding. However, he did not give any details about how the plan would work. Zelensky called the plan "complex but promising" in a statement on Friday. He said that Kyiv has gotten "positive signals" from its international partners. He said, "This is not ...
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The Ministry of Commerce and Industry suspects up to 60 percent of mobile phone shops are cover-up businesses for expatriates. (AFP/File)
March 21st, 2016 - 12:00 GMT

Go Saudi or go to jail: Warning for violators of new Saudization law

The companies will analyse fields in the Ghasha and Hail areas through seismic, drilling and engineering studies, with the aim of potential field development. (File photo)
March 21st, 2016 - 11:00 GMT

Austria's OMV, Occidental and ADNOC to conduct offshore exploration in Abu Dhabi fields

Exhibitors at the Automech Formula 2014. (Automech Formula)
March 21st, 2016 - 10:00 GMT

Egypt's auto industry players gather at the Automech Formula exhibition

Mövenpick Hotels & Resorts plans to increase its KSA footprint from 10 to 15 properties by 2018. (On Hotels)
March 21st, 2016 - 09:00 GMT

Movenpick to open hotel-apartment development in Jeddah

Workers use a front-loader to move piles of garbage from Jdeideh, a Beirut suburb, to the country's largest landfill of Naameh, just south of the Lebanese capital, on March 20, 2016.  (AFP/Anwar Amro)
March 21st, 2016 - 08:00 GMT

Back to square one? Lebanon trash back at Naameh landfill

The SFD projects will be implemented by the armed forces in North and South Sinai. (AFP/File)
March 21st, 2016 - 07:00 GMT

Egypt inks $1.5B deal with Saudi fund for Sinai development

Russian Emergency Ministry rescuers examine the wreckage of a crashed airplane at the Rostov-on-Don airport on March 20, 2016. (AFP/Vasily Maximov)
March 21st, 2016 - 06:00 GMT

Flydubai crash may hamper expansion plans in Russia

Iran has signed an agreement to export 10 billion cubic metres of gas per year to Oman in a deal that involves building a pipeline at a cost of about $1 billion. (File photo)
March 21st, 2016 - 04:57 GMT

Iran in talks to process liquified natural gas in Oman

Turkey ranks fourth on the top exporters to Palestine.  (TripAdvisor)
March 20th, 2016 - 01:30 GMT

Turkey-Palestine free trade agreement increases exports nine-fold to $82.2M in 2015

Egypt’s net international reserves have been stagnating at around $16.5 billion. (File photo)
March 20th, 2016 - 12:30 GMT

Egypt's pound devaluation: 'Positive results should outweigh near-term negative effects'

The new acquisition will serve as housing for Florida Atlantic University, Palm Beach State College and Lynn University students.  (Wikimedia Commons)
March 20th, 2016 - 11:30 GMT

Investcorp moves into US student housing: $220M to acquire Florida and Minnesota properties

According to the new regulations Private and international schools can no longer hire non-Saudi teachers for Arabic language, Islamic education and social sciences. (Arab News)
March 20th, 2016 - 10:35 GMT

Saudi Arabia tightens restrictions on foreign teacher recruitment

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