... influx of funds into the tech sector, largely thanks to state funds. In Saudi Arabia, logistics service Ninja secured $250 million and received a valuation of around $1.5 billion, becoming a new "unicorn" in the region. In the UAE and Qatar,... ... the state is launching targeted initiatives. For instance, in Russia, the creation of a specialized fund worth several billion rubles is being discussed with participation from the Center for Unmanned Systems to finance companies in the drone and AI sectors....

... September 7 at the OPEC+ monitoring committee meeting, where the fate of the remaining voluntary restrictions amounting to 1.65 million bpd (extended until the end of 2026) will be assessed. Russian Oil Products Market: Export Ban and Price Stabilization ... ... stations. According to the Moscow Fuel Association, the average retail price of AI-92 gasoline in Moscow reached approximately 59 rubles per liter by early August, while AI-95 was around 65 rubles per liter, significantly higher than the beginning of the year....

... and gas revenues will be partly offset by the depreciation of the ruble, which will lead to an increase in the cost of oil in ruble terms. Another favorable factor for the budget will be the very structure of oil and gas revenues. According to the Ministry ... ... According to current OPEC+ plans, Russia's oil production quota should increase by the end of next year from the current 8.98 million barrels per day to 9.21 million barrels per day. However, the actual level of oil production is currently below the quota ...

... be discussed at the OPEC+ monitoring committee meeting on September 7, where the fate of the remaining voluntary cuts of 1.65 million b/d (which have been extended until the end of 2026) will be reviewed. In the meantime, the alliance presents a united ... ... gas stations. According to the Moscow Fuel Association, the average retail price of AI-92 gasoline in Moscow reached around 59 rubles per liter at the beginning of August, while AI-95 was about 65 rubles/l, which is noticeably above the levels seen at the ...

... new technologies. Sector: Mining and Metallurgy Investments in 2023: 117.3 billion rubles Investments in 2022: 79.5 billion rubles Key Assets of the Company: Production facilities in Magnitogorsk: The largest metallurgical complex with a full production ... ... Facilities: Construction of Coke Battery No. 12: In July 2023, the most powerful coke battery in Russia, with a capacity of 2.5 million tons of dry coke per year, was commissioned, covering half of MMK's demand for this type of product. Smart-Lab Upgrade ...