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Number of Western companies that left Russia after Ukraine war revealed

IKEA

Many enterprises that remained in Russia continue to increase investment, according to Manturov, who also serves as the trade and industry minister.

“This figure is from the Association of European Businesses. Of the 500 large European companies – I do not take those with a turnover of less than half a billion rubles a year – only 100 have officially left so far, which is 20%,” the minister said on Wednesday while visiting the exhibition-forum ‘Russia’ in Moscow.

The deputy prime minister also highlighted that 66 out of the 350 (about 19%) large American companies in Russia had left.

“This suggests that our market and our potential is of interest, particularly taking into account the cost of energy resources. You see what is happening in Europe where enterprises are gradually shrinking,” Manturov added.

The Russian government will continue to attract foreign investment and will create the necessary conditions for foreign specialists, as well as investors and business owners, according to Manturov.

“This applies to both unfriendly and friendly countries. We are always open to reasonable dialogue and investors.”

Russian President Vladimir Putin confirmed recently that the market will remain open and competitive despite Western attempts to isolate it. He stated that the Western departures had been beneficial for domestic companies, who “immediately took over”.

Russia has enough talent, as well as qualified workers and managers to “ensure that everything runs smoothly”, according to the president.

Turkish president in Cairo on first visit in over a decade

Erdogan Sisi

Erdogan has said discussions would focus on Israel’s offensive in the Gaza Strip. The leaders, whose relations frayed over Egypt’s 2013 military coup and its fallout for the Muslim Brotherhood, planned to hold a joint press conference later.

The visit caps diplomatic efforts in recent years to thaw the nations’ frosty relations. They mutually appointed ambassadors last year, and this month Turkey said it would provide Egypt with armed drones.

Relations between Ankara and Cairo broke down in 2013 after Egypt’s then-army chief Sisi led the ouster of the Brotherhood’s Mohamed Mursi, an ally of Turkey who had become Egypt’s first democratically elected president the year before.

Sisi greeted Erdogan as he emerged from his plane in Cairo with his wife and they conversed as they walked along a red carpet amid a fanfare, live television footage showed.

According to a draft programme, Sisi and Erdogan were to hold bilateral talks before a meeting between the two delegations, with a formal dinner planned.

Erdogan has sought to ease tensions with Egypt, the United Arab Emirates, Saudi Arabia and Israel since 2021 – though since October he has publicly sniped with Israeli Prime Minister Benjamin Netanyahu over Israel’s devastating war against Palestinian group Hamas in Gaza.

Egypt, Israel, Qatar and the United States held inconclusive talks on Tuesday in search of a Gaza truce agreement. Cairo has made clear it will not allow an exodus of Gaza refugees over its border with the shattered Palestinian territory.

Mursi died in prison in Egypt in 2019. Other senior members of the Muslim Brotherhood are jailed in Egypt or have fled abroad, including to Turkey. The Brotherhood remains outlawed in Egypt.

Palestinian Authority president urges Hamas to quickly complete a hostage deal

Mahmoud Abbas

”Reaching a swap deal is an urgency to avoid an Israeli attack on Rafah, which would lead to thousands of deaths and displacement of our people,” Abbas said in statements carried by the official news agency Wafa.

He also called on the US and Arab countries to “seriously work towards completing the deal as quickly as possible.”

“It’s high time for everyone to shoulder his responsibility,” he added.

Officials from Israel, Egypt, Qatar and the US held a meeting in Cairo on Tuesday to discuss a Gaza cease-fire and hostage-prisoner swap between Hamas and Israel.

“Hamas’ position has not changed, and it still insists on ending the war, which Israel has not accepted,” the Israeli public broadcaster KAN reported, citing an unnamed Israeli official.

Last week, Hamas proposed a three-stage plan for a Gaza cease-fire that includes a 135-day pause in the fighting in return for the release of hostages, according to a Palestinian source.

Israeli Prime Minister Benjamin Netanyahu, however, rejected Hamas’s offer for a cease-fire and vowed to continue his Gaza war until a “crushing victory” over the Palestinian group.

Israel believes that 134 Israelis are being held in Gaza after the Israeli army managed on Monday to free two hostages in Rafah city in the southern Gaza Strip.

The Israeli army plans to launch a ground attack in Rafah, home to more than 1.4 million residents seeking refuge from war, to defeat what Tel Aviv calls the remaining “Hamas battalions”.

Israel has pounded the Gaza Strip since an Oct. 7 Hamas attack, killing at least 28,567 people and injuring 68,291 others, while nearly 1,200 Israelis are believed to have been killed in the Hamas attack.

The Israeli war on Gaza has pushed 85% of the territory’s population into internal displacement amid acute shortages of food, clean water and medicine, while 60% of the enclave’s infrastructure has been damaged or destroyed, according to the UN.

Israel stands accused of genocide at the International Court of Justice, which in an interim ruling this January ordered Tel Aviv to stop genocidal acts and take measures to guarantee that humanitarian assistance is provided to civilians in Gaza.

Iran says ready for security talks with Saudi Arabia

Iran and Saudi Arabia Flags

In a meeting with Saudi Ambassador to Iran Abdullah bin Saud al-Anzi, held in Tehran on Tuesday, Brigadier General Ashtiani stressed the need for the regional and neighboring states to ensure collective security without the presence of outsiders.

“The Islamic Republic of Iran is fully prepared to hold joint defense and security negotiations with Saudi Arabia and other countries in the Persian Gulf region,” the defense minister added.

Highlighting the grounds for cooperation between the Iranian and Saudi armed forces in the military, security, intelligence, and technical fields in accordance with a comprehensive security agreement, he noted that closer military and security interaction between Tehran and Riyadh will improve regional security and stability.

Describing Iran and Saudi Arabia as two influential actors in the region, he stated the Persian Gulf states share common interests and face common threats as well.

“Peaceful coexistence and mutual understanding of security is highly significant.”

For his part, the Saudi envoy emphasized the importance of cooperation with Iran in various areas, including the defense and technical fields.

Referring to Saudi Arabia and Iran as two brothers and friends, al-Anzi said the exchange of delegations and reciprocal visits will promote cooperation between their defense ministries.

In a telephone conversation in November, Chief of Staff of the Iranian Armed Forces Major General Mohammad Hossein Baqeri and Defense Minister of Saudi Arabia Khalid bin Salman Al Saud weighed plans to expand military relations between the two Muslim countries.

Beijing raps EU plan to target Chinese companies with Russia sanctions

Russia China Flags

The EU is planning to place restrictions on three Chinese businesses and one Indian company as part of its 13th round of sanctions on Russia over its conflict with Ukraine, the Financial Times has reported.

Brussels believes the firms in question are helping Moscow to circumvent existing restrictions, especially through the supply of electronic components that can be repurposed for use in drones and other weapons systems. If the plan is approved by member states, it will see the EU sanction companies from mainland China and India – two of the bloc’s key trading partners – for the first time.

”We are aware of the relevant reports,” the Chinese Foreign Ministry said in a statement on Tuesday.

“China firmly opposes illegal sanctions or ‘long-arm jurisdiction’ against China on the grounds of cooperation between China and Russia.”

Chinese and Russian companies “carry out normal exchanges and cooperation and do not target third parties, nor should they be interfered with or influenced by third parties”, the ministry added.

Beijing “will take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese enterprises”.

According to media reports, the EU was already considering sanctioning Chinese firms over their links with Russia last year, but refrained from doing so after Beijing assured Brussels that it was not supporting Moscow’s military effort in Ukraine.

Indian newspaper the Economic Times claimed on Wednesday that the government in New Delhi was also studying reports that an Indian firm could face sanctions over its dealings with Russia.

The Indian authorities may ask senior EU officials to clarify the situation during their meetings as part of the Raisina Dialogue forum on geopolitics and economy, which will take place in New Delhi next week, according to the outlet.

The paper’s source said it was “curious” that the report had emerged ahead of the high-profile event in the Indian capital.

Since the outbreak of the conflict between Russia and Ukraine in February 2022, both China and India have consistently called for a peaceful resolution of the crisis. Beijing and New Delhi have resisted Western pressure to join sanctions on Moscow, and instead have boosted economic cooperation with Russia, becoming the main destinations for Russian oil.

Chinese customs data shows that trade turnover between the two countries has grown by 26.6% percent in the past year, reaching a record $240 billion. The sales volume between Russia and India in the first ten months of 2023 stood at almost $55 billion, according to the Russian ambassador in New Delhi – an increase of 41% compared to 2022.

Iranian referee, Alireza Faghani, on initial list for FIFA World Cup 2026

Alireza Faghani

Faghani was also outstanding at the recent Asian Cup in Doha, Qatar.

Faghani has been on the international referees list for FIFA since 2008.

The 2026 FIFA World Cup in the United States, Canada, and Mexico is scheduled for June 11 to July 19, 2026.

Iranian Judiciary: 35 arrested so far over Kerman deadly bombings 

Kerman Terror Attack

The bomb explosions happened during a ceremony marking the 4th anniversary of the martyrdom of General Qassem Soleimani in a drone strike ordered by former US president Donald Trump.

Now the Judiciary spokesman says some of those arrested in connection with the terror attack in Kerman stand accused of membership in the Daesh terrorist group and of spreading corruption on earth that, if proved, would be punishable by death.

The Kerman blasts killed 89 people including children and women.

Darsh terror group took responsibility for the blasts.

Official says Iran’s trade with SCO states climbed 5.5%

Iran Trade

Ruhollah Latifi, spokesman of the International Relations and Trade Development Committee of Iran’s House of Industry, Mining, and Trade, said on Wednesday that Iran’s 10-month trade with the SCO member and observer states increased 5.5 percent in value compared to the same period last year.

Latifi noted Iran shipped some 54.5 million tons of goods worth $18bn to SCO members, which shows a 41 percent growth in terms of weight.

He added that Iran’s exports to SCO states registered 48.2 percent in weight and 44.4 percent in value of the total exports of the country in 10 months.

Latifi said that imports from the SCO reached 9.7 million tons worth over $19bn, showing a 17.9 percent rise in weight and a 10.5 percent increase in value.

He further added imports from SCO member states registered a 29.7 percent in weight and a 35.2 percent in value of the country’s total imports in 10 months.

The SCO, which has its headquarters in China, is the world’s largest regional organization in terms of area and population.

It has nine member states, namely, Iran, China, Russia, India, Pakistan, Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan.

In July 2023, the Shanghai Cooperation Organization officially approved Iran’s full-fledged membership in the organization.

Biden urges US Congress to approve $14bn for Israel amid Gaza war; 28k Palestinians killed in Gaza

US Congress

Hours after the Senate finally approved security funding for Ukraine, Taiwan and Israel, on Tuesday Biden challenged the House of Representatives to “move on this with urgency”.

The bulk of the bill provides $60bn in military aid to Ukraine, whose stock of ammunition supplies is rapidly dwindling. But it also sets aside $14bn in aid to Israel which Biden in a statement said, “will provide Israel with what it needs to protect its people against Hamas terrorists”.

The bill would provide an additional $10.6bn in military assistance to Israel in addition to the $3.5bn in foreign military financing it regularly receives.

While it earmarks $1.6bn in humanitarian assistance for Palestinians in Gaza, it specifically prohibits funds from going to the UN Agency for Palestinian Relief (UNRWA), in response to Israeli allegations that members of the agency have ties to Hamas.

The bill passed the Senate by a vote of 70 to 29.

Three Democrats, Bernie Sanders, Jeff Merkley and Peter Welch, voted “no” in response to Israel’s conduct in Gaza. But resistance to the bill came mainly from Republican lawmakers who opposed it with the backing of former President Donald Trump, amid a spat with Democrats over immigration.

The bill is unlikely to become law anytime soon because Republican Speaker of the House Mike Johnson has indicated he will not allow it to come to a vote in the lower chamber in response to Trump’s plea.

Biden’s statement on Tuesday, urging the House to pass the bill, included just two lines on Israel. Despite publicly rebuking Israel for what the US president labelled an “over the top” military response to the Hamas-led 7 October attack which sparked the war, his administration has shown no willingness to cut its military funding.

The bill’s passage in the Senate comes at a critical juncture in the war.

On Tuesday, CIA director Bill Burns met Israeli Mossad chief David Barnea, Egyptian intelligence chief Abbas Kamel and Qatari Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani in Cairo, according to the Wall Street Journal.

Burns, the Biden administration’s top troubleshooter, is pushing for a prisoner exchange between Hamas and Israel that would pause the fighting in Gaza and create space for what the administration hopes will be a permanent ceasefire, former US officials told Middle East Eye previously.

At the same time, thousands of Palestinians already displaced by the war are streaming out of Rafah amid fears of a looming Israeli invasion of the border city, whose population has swelled to 1.4 million with people seeking refuge from Israeli bombardment.

On Tuesday, UN humanitarian chief Martin Griffiths warned Israel’s planned military push into the southern city “could lead to a slaughter” of Palestinians.

But an Israeli assault would also reverberate outside the besieged enclave, with experts telling MEE that Palestinians may flock to Egypt’s Sinai peninsula to escape the offensive, a development that could spark a political firestorm in Cairo, a key US ally and Israeli peace partner.

In a meeting on Monday with Jordan’s King Abdullah II at the White House, Biden reaffirmed his opposition to forced displacement, saying Palestinians in Rafah needed to be “protected”. He looked on as the Jordanian monarch, a key US ally, issued a stark warning from the White House podium.

“We cannot afford an Israeli attack on Rafah. It is certain to produce another humanitarian catastrophe,” he stated.

But Washington has moved from fully opposing an Israeli offensive in Rafah to saying that Israel first needs to come up with a plan to protect Palestinian civilians before attacking.

The Biden administration is unlikely to risk a full-blown rift with Israel over Rafah because it wants its cooperation to strike a hostage deal, Aaron David Miller, a former US Middle East negotiator now at the Carnegie Endowment for International Peace, told MEE.

“They (the Biden Administration) are so tethered to the Israeli war that creating an open breach with Netanyahu will leave them with no policy,” Miller added.

“Rafah is not the fulcrum from which US policy on Israel and Hamas is going to be waged. They want a hostage deal. You can hang a ‘closed for the season’ sign if the US doesn’t get that done.”

The looming Israeli assault comes as some of Washington’s closest western allies have started to criticise its military aid to Israel. On Monday, European Union foreign policy chief Josep Borrell asked why the US was continuing to provide arms to Israel “if you believe that too many people are being killed”.

The bill’s passage in the Senate also underscored how criticism of Israel has taken a back seat to US lawmakers’ concerns over Ukraine and Taiwan. US Senator Chris Van Hollen, one of Israel’s harshest critics in the Senate, voted for the bill the same day he accused it of conducting “a textbook war crime” in Gaza.

Number of Palestinians detained in West Bank since start of Gaza war passes 7,000

Israel Palestine

According to the document, there are over 220 women and about 440 children among those detained. At least eight Palestinians have died in Israeli prisons.

“The ongoing arrest campaigns since October 7 has been accompanied by escalating crimes and violations, including: acts of abuse, severe beatings, and threats against detainees and their families, in addition to widespread sabotage and destruction of citizens’ homes, confiscation of vehicles, money, and gold jewelry,” the report added.

There were more than 9,000 Palestinians in Israeli prisons in total as of the end of December 2023.

Israel has pounded the Gaza Strip since an Oct. 7 attack by the Palestinian group Hamas, killing at least 28,500 people and injuring 68,000 others. Around 1,200 Israelis are believed to have been killed in the initial Hamas attack.

The Israeli war on Gaza has pushed 85% of the territory’s population into internal displacement amid acute shortages of food, clean water and medicine, while 60% of the enclave’s infrastructure has been damaged or destroyed, according to the UN.

Israel stands accused of genocide at the International Court of Justice, which in an interim ruling in January ordered Tel Aviv to stop genocidal acts and take measures to guarantee that humanitarian assistance is provided to civilians in Gaza.