US sanctions London-based tycoons

Billionaires Mikhail Fridman and Pyotr Aven were hit by the latest expansion of anti-Russia penalties The US government has extended its Russia-related sanctions over the Ukraine conflict, adding four prominent individuals and a business association to the list.

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Egypt seeking large-scale investment from Russia – official

Cairo is working to attract more Russian investment and promote joint projects, according to the Egyptian General Authority for Investment and Free Zones (GAFI). The government body wants to facilitate foreign investment flows into the North African country.

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Ukraine to get German drones – Bild

Rheinmetall will deliver the first Luna NG reconnaissance UAVs by the end of the year, the media outlet claims One of Germany’s leading defense contractors, Rheinmetall, is set to provide Ukraine with its state-of-the-art reconnaissance drones in the coming months, Bild newspaper has reported.

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