by: Andrea Spinelli Barrile | April 23, 2024
Russia’s largest transport and logistics company, Delo, will propose building a railway across Africa. The founder and chairman of the board of directors of the group Sergei Shishkarev spoke about this in an interview with Kommersant.
“Our plans are to propose the construction of a railway “orthodox cross”: cross Africa horizontally through Ethiopia to the west coast, build part of the trans-African road from Egypt to South Africa, build connections from Egypt to the Central African Republic,” Shishkarev said.
The company founder noted that these African countries are all rich in minerals and “don’t have normal railways. As far as I know, Tanzania transports everything by road, even uranium ore and bauxite are transported using primitive methods. The railway revitalizes transport and the economy of countries, also from the point of view of possible exports. Not to mention the increased mobility of the population,” Shishkarev said.
Russia is also interested in the project to build a railway that would connect the capitals of Burkina Faso and Ghana.
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Mexican banana arrives in Japan, the US and Canada: Sader
The Ministry of Agriculture reported that Mexico increased banana exports to Japan by 25% between 2018 and 2022.
In total, our country exported an average equivalent to 281 million dollars, in contrast to the 326 thousand dollars of fruit imports during the period to all the nations where the fruit is sent.
Consumers from the US, Japan and Canada maintain their preference for Mexican bananas; sales to these markets accounted for a share of 74.3, 15.6 and 0.2 percent, respectively.
In this area, they were followed by the two main trading partners in the North American region, where the expansion of the trade agreement came into force on July 1, 2020. Canada, with 4.5 percent, and the United States, with 3.3%.
This production includes the criollo, dominico, giant dwarf, organic giant dwarf, macho, manzano, morado, pear, tabasco, thai and valery varieties, he explained. Chiapas is the main producer of national bananas, contributing 686 thousand tons (28.1 percent) of the total national crop.
Suchiate, with 28.4 percent; Tapachula, with 13.8 percent, and Mazatán, with 10.8 percent, were the Chiapas municipalities that registered the highest production from 2018 to 2022, he reported.
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Liquidity Flow in Abu Dhabi and Dubai Markets Reaches 1.3 Billion Dirhams: Trading Update for Q1 2024
Youssef Al Bustanji (Abu Dhabi)
The total value of liquidity flowing to the local financial markets in Abu Dhabi and Dubai reached approximately 1.3 billion dirhams during yesterday’s trading session, while most trading stocks held steady at their levels the day before yesterday, waiting for the companies to announce their business results for the first quarter of 2024.
In the Abu Dhabi Securities Market, the value of liquidity traded in yesterday’s session amounted to approximately 975 million dirhams, and the session saw the conclusion of 18 thousand contracts through which 287 million shares were traded. The general market index closed with a slight decrease of about 0.27% at the level of 9051 points.
The shares of the International Property Company were traded at the top of the list of most trading companies in terms of value, in the Abu Dhabi capital market, with a trading value of 203 million dirhams, and the company’s shares closed at a price of 399.6 dirhams , a slight increase. changed so far -0.03% compared to yesterday.
This was followed by trading in shares of Alpha Dhabi Holding Company worth about 93 million dirhams, and the company’s shares closed at 14.18 dirhams unchanged compared to the previous day yesterday trading in shares of the Phoenix Group came worth 77 million dirhams, and the company’s stock has changed so far +1.83% compared to yesterday.
The trading value of Multiplay shares reached around 59 million dirhams, and the company’s shares closed at 2.42 dirhams, a slight decrease of 0.41%, followed by the trading of Aldar Properties stock at a value of 56.2 million dirhams, which also closed in the red zone at the rate of 5.18 dirhams, a decrease of 1.33%.
In the Dubai Financial Market, trade value was around 329 million dirhams, with 131 million shares traded through 9,429 transactions, and the general market index closed with a slight decrease of 0.032% at around 4,166 points.
Emaar Properties shares topped the list of most trading companies in terms of market value, with a value of 102 million dirhams, and the company’s shares closed at 8.38 dirhams, up 0.96%, followed by NBD Bank shares. Emirates. at a value of 54 million dirhams, and the bank’s shares closed at 15.65 dirhams, a decrease of 3.69%.
The trading value of the shares of Gulf Navigation came to about 30 million dirhams, and the company’s shares closed at 7.18 dirhams, an increase of 1.7%, followed by trading on the share of the Islamic Bank of Dubai, at a value of 27 million dirhams, which closed at 5.71 dirhams, an increase of 0.53%, then came Union Properties shares With a transaction value of 13.9 million dirhams, which closed down 2.05% at 0.43 dirhams.
2024-04-23 21:43:06
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