On April 20, PJSC Ukrgazvydobuvannya (Kyiv) announced its intention to enter into an agreement with Guardian Insurance Company for risk insurance services related to the commercial development of oil and gas fields. According to the Prozorro electronic public procurement system, the expected cost of the services was 548,800 UAH, and the company’s bid was 501,499 UAH.
The insurance company “VUSO” also participated in the tender with a bid that was 1 hryvnia higher.
GAS, Guardian, INSURANCE, INSURANCE COMPANY, OIL, RISK, UKRGAZVYDOBUVANNYA
Ora Developers, an Egyptian real estate company linked to billionaire Naguib Sawiris, is expanding its Bayn project—a new mixed-use city in the Gantut area between Dubai and Abu Dhabi. According to The Economic Times, the company has increased its investment in the UAE from $15 billion to $30 billion.
According to the publication, the Bayn project is being developed as a full-fledged “city of the future.” Following the acquisition of an additional 4.8 million square meters of land, Ora Developers’ total land bank in the UAE has grown to 9.6 million square meters. The project itself is designed to accommodate approximately 16,000 residential units.
Bayn will include business parks, schools, hospitals, shopping centers, offices, and hotels—in other words, it is not just a residential complex but the creation of a self-contained urban environment. The key idea behind the project is to create a community whose residents will be able to live between the two largest business centers of the Emirates and work in both Dubai and Abu Dhabi.
The project’s expansion comes amid sustained interest in the UAE real estate market, despite geopolitical tensions in the region. Through private capital, Egypt is effectively strengthening its presence in one of the Middle East’s largest real estate markets. The Bayn project demonstrates that the focus is not on isolated development, but on the large-scale creation of a new urban cluster between Dubai and Abu Dhabi.
The vacation rental market in neighboring Bulgaria may see a significant increase in housing prices—by approximately 25–30%. According to the Novinite website, the reason cited is the entry into force on May 20, 2026, of new European regulations for short-term rentals, which could result in up to half of the listings on major online platforms being removed due to non-compliance.
According to market participants, the main effect will be linked not to a surge in demand but to a reduction in supply. If some small-scale landlords exit the market due to new administrative requirements and rising costs, the number of legally available apartments in popular resorts will decrease, which will drive prices up. At the same time, representatives of the hotel sector believe that the market will become more transparent, and consumers will be better protected from informal and misleading offers.
Based on available market indicators, in 2025, renting resort accommodation in Bulgaria remained relatively affordable by EU standards. As of April 2026, average rental rates in resort areas ranged from approximately 5 to 11 euros per square meter per month, depending on location and type of accommodation. This means that a 35–40-square-meter studio typically cost around 175–440 euros per month, while a 55–70-square-meter apartment cost approximately 275–770 euros per month.
Turkey’s housing market is showing the first signs of a possible stabilization in foreign demand following a prolonged period of decline. According to Hurriyet Daily News, market participants expect a gradual recovery in activity among foreign buyers, although statistics remain weak for now. In March 2026, foreigners purchased 1,353 residential properties in Turkey, a 20% decrease from the previous year, and the share of transactions involving foreigners in total housing sales amounted to only 1.2%.
Expectations for a recovery in demand are linked not so much to a sharp turnaround that has already begun, but rather to the fact that the market appears to be approaching the bottom of the cycle. Over the past two years, foreign activity in Turkey has declined significantly amid changes in the price environment, currency fluctuations, adjustments to the rules regarding residence permits and citizenship through investment, as well as a general cooling of interest from some traditional buyers. At the same time, market participants themselves believe that after such a sharp decline, the sector may begin to return to a more stable level of demand.
For Ukrainian buyers, Turkey remains one of the most prominent foreign housing markets. Over the past few years, Ukrainian citizens have been among the most active foreign buyers of real estate in the country. This is confirmed by official TurkStat statistics: in January 2023, Ukrainians ranked fourth among foreign homebuyers in Turkey; in March 2024, they ranked third; and in December 2025, they were once again among the top three, following citizens of Russia and Iran.
This trend shows that even against the backdrop of a general decline in foreign demand, Ukrainians maintained a significant presence in the Turkish market. For Ukrainian buyers, Turkey traditionally combines several attractive factors: a relatively wide selection of housing, a purchase process that is straightforward for foreigners, a high volume of supply in resort areas and major cities, as well as the opportunity to use real estate as a means of residence, recreation, or capital preservation.
The U.S. administration has so far approved only one application under the new Trump Gold Card immigration program, despite earlier claims of potential revenue in the billions. This was stated by U.S. Secretary of Commerce Howard Latnik.
The program, launched in December 2025, offers the opportunity to obtain residency in the U.S. under a scheme similar to a green card, in exchange for a $1 million investment following a security check. An additional fee of $15,000 is also required for expedited processing. At the same time, Latnik claims that hundreds of applicants are currently in the review process.
The modest current results stand in sharp contrast to the authorities’ initial expectations. Reuters notes that at the program’s launch, Latnik spoke of high interest and thousands of potential participants, as well as the potential to generate billions of dollars through the sale of such visas. AP also notes that the program was initially presented as a potential replacement for the EB-5 visa and as a tool for attracting wealthy foreigners and capital into the U.S. economy.
Thus, at this point, the program remains more of a politically significant initiative than a truly substantial source of revenue for the U.S. budget.
Ukrzaliznytsia plans to receive its first Alstom UA8AC electric locomotive in the first quarter of 2027, and by the end of 2029, the company expects to receive a total of 55 such locomotives, said Volodymyr Shemaiev, director of the international projects office at Ukrzaliznytsia.
“This will be a modest overhaul of the freight electric locomotive fleet, which will serve as a foundation for the fleet in the coming years,” Shemaev noted during the 8th International Conference “Railways of Ukraine: Development and Investment” in Kyiv.
Oleksiy Balesta, Deputy Minister of Community and Territorial Development, reported at the conference that since the start of Russia’s full-scale invasion, more than 300 locomotives have been damaged, with about 50 destroyed beyond repair.
According to Ukrzaliznytsia, 9 diesel locomotives were damaged in the first half of 2025, 119 in the second half, and 81 in the first quarter of 2026.
As previously reported, Ukrzaliznytsia signed a EUR473 million contract with Alstom Transport following an international tender organized by the World Bank. The European Bank for Reconstruction and Development subsequently joined the project.
Among other international projects that Ukrzaliznytsia plans to implement, he mentioned the cooperation agreement signed between the governments of Ukraine and Spain regarding the creation of a gauge-changing bogie capable of changing track gauge without stopping. According to him, the first stage involves developing design documentation for such a bogie.
“In about two years, such a bogie will be manufactured in Ukraine, after which testing will begin. If the results of these tests are positive, we can then discuss the commercial production of such bogies and, accordingly, railcars, both for the Ukrainian market and for European markets,” noted the director of Ukrzaliznytsia’s International Projects Office.
Shemaev also reported that a meeting was recently held with Korean partners, with whom Ukrzaliznytsia plans to prepare a feasibility study over the next three years for a high-speed railway from Kyiv to Lviv and onward to the Polish border.
Separately, the director of Ukrzaliznytsia’s International Projects Office told Interfax-Ukraine that Ukrzaliznytsia has joined a project to build decentralized gas-fired power generation facilities at the government’s request. Specifically, 40 MW of equipment has already been delivered, and preparatory work for its installation is currently underway.
In addition, a tender under the rules of the European Bank for Reconstruction and Development (EBRD) for an additional 160 MW has been completed; its results are in the process of being signed, and equipment delivery is expected within 8 months.
Shemaev noted that Ukrzaliznytsia is implementing this project in partnership with the EBRD and the European Commission; it is supported by a EUR41 million grant, with an additional 20 million pounds worth of equipment provided by the United Kingdom.
