Ukraine will soon stamp out fuel shortages, even though Russian forces have damaged a number of oil depots, President Volodymyr Zelensky said on Friday.
This week, Russia struck Ukraine's main fuel producer, the Kremenchuk oil refinery, and several other large depots.
"Queues and rising prices at gas stations are seen in many regions of our country," Zelensky said in a nightly video speech. "The occupiers are deliberately destroying the infrastructure for the production, supply and storage of fuel.
"Russia has also blocked our ports, so there are no immediate solutions to replenish the deficit," he added.
"But government officials promise that within a week, maximum two, a fuel supply system to Ukraine will be at work that will prevent shortages."
In a statement, Economy Minister Yulia Svyrydenko said the shortages would be eliminated within a week, as Ukraine's operators had secured contracts with European suppliers.
DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
Syrian President Ahmed Al-Sharaa announced that the country has attracted approximately $28 billion in investments during the first six months of this year, highlighting significant participation from companies based in the UAE, Saudi Arabia, and Qatar.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has emphasised the UAE's commitment to strengthening economic ties with African nations.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.