Business news from Ukraine

Business news from Ukraine

Weekly crypto market summary from Fixygen

Bitcoin ended the week with moderate growth, consolidating above the $58,000 mark. Investors are showing cautious optimism after the publication of macroeconomic data in the US and a decline in volatility in the stock market.

Ethereum traded in the $2,300–2,450 range, supported by an influx of funds into staking and activity in the DeFi sector. Amid discussions of a network upgrade, interest in ETH remains stable.

Among altcoins, the following stood out:

Solana (+9% for the week) — thanks to increased activity in NFT and the launch of new projects,

XRP (+6%) — amid positive news about lawsuits,

Dogecoin (+4%) — remains volatile, but demand is supported by the community.

The crypto market capitalization at the end of the week was about $2.2 trillion, with the BTC dominance index remaining at 48%.

It should be noted that interest in stablecoins has declined somewhat, indicating a growing willingness among market participants to return to risky assets.

The key risk factor remains the uncertainty of the Fed’s monetary policy and the volatility of the dollar. Fixygen analysts note that the coming weeks may bring a surge in volatility, especially against the backdrop of interest rate decisions and the publication of inflation data in the US.

Source: https://www.fixygen.ua/news/20250914/pidsumki-tizhnya-na-kriptorinku-vid-fixygen.html

 

,

Azerbaijan plans to build cultural center, sports school, and arts center in Kyiv region

The Cabinet of Ministers of Ukraine intends to reach an agreement with Azerbaijan on the construction of a cultural center, a children’s and youth sports school, and an arts center in Irpin, Kyiv region.

According to Order No. 973 of September 10, the government has formed a delegation to participate in negotiations with the delegation of the government of the Republic of Azerbaijan on the preparation of the text of a draft agreement on the construction of a cultural center, a children’s and youth sports school, an arts center, and a residential building in Irpin.

Deputy Minister of Community and Territorial Development Marina Denisyuk has been appointed head of the delegation.

 

, , ,

Research on Egyptian residential real estate market for foreigners in 2025

Experts Club, in collaboration with Relocation.com.ua, analyzed the current price situation in the Egyptian housing market for foreigners. Foreign citizens have the right to purchase up to two residential properties (with an area of no more than 4,000 m² each) provided that they are registered and paid for in foreign currency received from abroad. Transactions are possible in Cairo, on the Mediterranean and Red Sea coasts, excluding border areas and cultural heritage sites. From 2024, investors will have easier access to purchasing land for projects, and for investments over $300,000, a residence permit program will be available.

There are no official statistics for the top 10 countries, but industry reports and real estate agencies highlight the leading buyers:

1) Gulf countries (Saudi Arabia, UAE, Kuwait, Qatar) — the largest buyers in Cairo, on the north coast, and in new areas.

2) Russia, Germany, Great Britain, Italy, Poland, and the Czech Republic — traditionally strong in Red Sea resorts (Hurghada, Sharm el-Sheikh).

3) Ukraine is a notable buyer segment on the Red Sea, especially in Hurghada. Ukrainians began actively purchasing apartments back in the 2010s, and after 2022, demand increased: some families consider Egypt as an alternative for long-term residence and education for their children, as well as a “second base” close to Ukraine. Local developers note that the share of Ukrainian clients has remained stable in the top five European buyers on the Red Sea.

Thus, according to aggregate estimates, the top buyers of housing in Egypt today are groups of Persian Gulf countries + Russians, Germans, British, Ukrainians, and Italians.

Prices vary significantly across regions this year, with Experts Club highlighting the following features:

  • New Cairo / El Sheikh Zayed / New Zayed / 6th of October: from 47,500 to 260,000 EGP/m² depending on the project; average values of 90,000–115,000 EGP/m².
  • Hurghada (Red Sea): mass segment apartments — 10,000–18,000 EGP/m².

In 2025, prices rose by an average of 20–30% year-on-year in nominal terms due to the devaluation of the pound and the increase in the cost of building materials, but the real dynamics depend on the currency of settlement. Overall, prices in euros or dollars have risen by about 9% over the past 12 months.

Features for Ukrainian buyers

  1. Demand for affordable seaside housing: 40-70 m² apartments in Hurghada are often purchased as an alternative to long-term rentals.
  2. Safety and climate factors: Egypt remains popular with families with children and elderly parents due to its mild winters and affordable medical services.
  3. Rental model: some Ukrainians consider apartments in Hurghada and Sharm as an investment for daily rentals to tourists.
  4. Prospect of a residence permit: wealthier investors use the $300,000 threshold to obtain residency, although the majority of Ukrainian buyers focus on the budget segment.

The Egyptian housing market for foreigners is divided into two key areas: Cairo and new cities (interest from GCC investors) and the Red Sea (Europeans, including a significant proportion of Ukrainians). For Ukraine, this market has become particularly important in recent years as an alternative location for long-term residence and as a tool for preserving capital in hard currency.

As of September 14, 2025, the exchange rate of the Egyptian pound (EGP) to the US dollar is approximately 48.15 EGP per 1 USD.

The full version of the Egyptian residential real estate market research is available to Experts Club clients.

What do immigration figures for UK really show?

Official figures indicate net migration is falling, yet concern among Britons is close to the highest it has been since polling began in 1974

Rolling news coverage of protests outside asylum hotels, a series of government announcements on asylum seekers, and Reform’s party conference meant that immigration was once again the political topic of the summer.

In August almost half of Britons (48%) listed immigration as one of the top issues facing the UK. This year has recorded the highest concerns over immigration – outside of one other period during the 2015 Europe migrant crisis – since polling company Ipsos started asking the question in 1974.

But what do the figures really show – and do all of the claims made about immigrants add up?

Immigration is falling – from a record high

Despite public concern about immigration rising in recent months, official figures show that the number of people coming into the country is falling – albeit from a record high peak.

Figures from the Office for National Statistics (ONS) show that net migration has mainly hovered between 200,000 and 300,000 people a year since 2011. However, since Brexit came into effect on New Year’s Eve 2020, there has been a large increase in the number of immigrants. Commentators and critics have called this the “Boriswave”, as it occurred following the new post-Brexit immigration system introduced by Boris Johnson.

Recent figures show that the wave is subsiding. Net migration fell by half in 2024, and recent rule changes mean it is expected to fall further. This is largely because of a decrease in health and care visas. Fewer people are now escaping the Ukraine war or fleeing the Taliban through the now closed Afghan humanitarian scheme.

Student visas have also declined. Applications were down 1.5% in August (when student visa applications spiked ahead of the academic year) compared with 2024, and down 18% on the same month in 2023.

Who are the migrants, and how many can work?

In comments to the BBC following his conference speech, Reform leader Nigel Farage blamed Johnson for “millions of people being allowed into Britain, most of whom by the way don’t even work and are costing us a fortune”. However, the available evidence complicates his version of events.

Most people claiming asylum aren’t allowed to work. But despite the large media focus on small boats and asylum seekers, these only make up a tiny proportion of the overall number of people coming to the UK – less than 5% of Home Office visas granted and arrivals detected in 2025.

The largest proportion of people coming into the UK is made up of students (about 47%, including dependents). Students aren’t expected to work, but do contribute by paying fees towards their degrees, and can’t get indefinite leave to remain so either leave the UK or contribute by moving into paid work afterwards.

The second largest group are people on working visas, who make up 20%, with their dependents making up 11%.

How many people on other visas work?

Currently, the published data on immigrant earnings is patchy – and isn’t helped by ongoing issues with the ONS labour force survey.

Madeleine Sumption, director of the Migration Observatory at the University of Oxford said that while the data on employment was imperfect and rates “vary widely by immigration category”, the figures suggested employment rates among recent migrants were “not far off existing residents or long-standing migrants”.

A Home Office report managed to link some visa types that were granted between 2019 and 2023, to pay as you earn (PAYE) earnings in the 2023-24 financial year – with most of them recording earnings. As for those without records, it’s probable most will have already left the country.

It’s not just people on working visas who work. The report also found that almost half of people entering on family visas (48%) had some PAYE earnings (and again that’s not including those who are self employed or left the country).

Much of the talk around immigration recently has focused on dependents – family members who are allowed to immigrate alongside the main visa holder. New health and care workers were prevented from bringing their children and other dependents by the Sunak government, as were most students.

The PAYE data suggests many dependents do in fact work – 81% of health and care worker dependents, 45% of skilled worker dependents, and 25% of senior or specialist visa dependents received earnings (once again – these don’t take into account the self-employed, or the fact that many will have left the country. Adjusting the figures to account for the primary visa holders that have left raises the estimates further).

Among all the different types of people coming to the UK, newly arrived refugees (around 28% according to some estimates) and those on humanitarian visas are the least likely to be in work.

In terms of overall earnings, the Migration Observatory found that the immigrant earnings grow quickly – the median non-EU immigrant worker in 2024 earned similar or slightly more than the median UK worker.

So will recent migrants – as Farage stated – cost the UK a fortune in the long run? Based on the available data we still can’t tell – but given the fact that most people moving to the UK won’t be going through the school system, and also have to pay towards their NHS treatment, it’s unlikely they would cost more than others.

Source: https://www.theguardian.com/uk-news/2025/sep/14/what-do-the-immigration-figures-for-the-uk-really-show

,

UK is preparing to sign “groundbreaking technology agreement” with US

The UK is preparing to sign a “groundbreaking technology agreement” with the US during President Donald Trump’s state visit next week, Bloomberg reports, citing the UK government.
“Advanced technologies such as artificial intelligence and quantum computing will change our lives. This includes new ways of treating diseases, as well as improving public services,” said UK Technology Minister Liz Kendall.
According to the publication, Trump plans to arrive in the UK on Tuesday for his second state visit, which will last three days. He will be accompanied by a delegation of American business leaders, including executives from Nvidia Corp. and OpenAI.
“During the visit, American companies Nvidia, OpenAI, CoreWeave, and BlackRock will announce multi-billion dollar investments in British data center infrastructure,” the report said.
The US and the UK already cooperate in the fields of artificial intelligence, semiconductors, telecommunications, and quantum computing.

 

, ,

Exports of semi-finished steel products from Ukraine fell by 39%

In January-August of this year, Ukraine reduced exports of semi-finished carbon steel products in physical terms by 39.1% compared to the same period last year, to 795,769 thousand tons.

According to statistics released by the State Customs Service (SCS), in monetary terms, exports of carbon steel semi-finished products fell by 40.8% to $384.215 million.

The main exports were mainly to Bulgaria (39.36% of supplies in monetary terms), Turkey (16.42%), and Poland (14.38%).

During this period, Ukraine imported 46,604 thousand tons of semi-finished products worth $35.242 million, mainly from Oman (38.41%), Germany (26.24%), and the Czech Republic (18.61%), while in the first eight months of 2024, it imported 5 tons of semi-finished products worth $5 thousand.

As reported, in 2024, Ukraine increased its exports of semi-finished carbon steel products in physical terms by 56.7% compared to 2023, to 1 million 886,090 tons, while revenue in monetary terms increased by 52.4% to $927.554 million. The main exports were to Bulgaria (32.06% of supplies in monetary terms), Egypt (18.50%), and Turkey (11.14%).

In 2024, Ukraine imported 306 tons of semi-finished products worth $278 thousand from the Czech Republic (88.13%), Romania (7.19%), and Poland (2.88%), while in 2023, it imported 96 tons worth $172 thousand.

 

, ,