Finance

RCIF Flag

The Russia-China Investment Fund Has Invested In Over 40 Bilateral Projects

China, Finance, Investment, Russia

The Russia-China Investment Fund has invested US$1.3 billion in over 40 projects over the course of its activity, Russian Deputy Prime Minister Alexander Novak has said. He was speaking at the 7th Russia-China Energy Business Forum in Beijing. Novak stated, “Investment cooperation between Russia and China has been developing largely thanks to the active role […]

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Tax Treaty

Russia Reorganizes Its Double Tax Treaties As The UAE Tops Russian Fixed Investment List 

Asia, Economy, Finance, Middle East, Russia

The head of Russia’s Federal Tax Service (FTS), Daniil Yegorov, has stated that Russia has restructured its Double Tax Treaty (DTA) arrangements with other countries, with these now being aligned with countries that provide favorable investment environments for Russian investors. DTAs are bilateral agreements aimed at preventing situations where the same income of a legal

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SCO Russia

Russia, Shanghai Cooperation Organisation Trade Hits US$409 Billion, New Financial Architecture Being Created

China, Economy, Eurasian Economic Union, Finance, India, Infrastructure, Russia, Shanghai Cooperation Organisation, Trade

Moscow has been hosting the Shanghai Cooperation Organisation (SCO) Heads of Government Summit, with the Russian President, Vladimir Putin, noting that Russia’s trade with SCO members has reached US$409 billion.  He stated, “Russia’s trade turnover with SCO countries reached $409 billion in 2024 and continues to grow. Of course, the lion’s share of this is

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Winelab

Another Russian Company Seeks A Domestic IPO In The Face Of Increasing Retail Sales

Economy, Finance, Russia, Trade

In the wake of successful IPOs in Russia over the past two years, another Russian domestic market player has announced plans to list in early 2026. This is WineLab, the retail arm of the Novabev Group, one of Russia’s biggest producers and distributors of alcoholic beverages. The company said in reporting for the first half

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Africa

Russia’s Developing Trade & Investment In Africa: Background and Current Status

Africa, Economy, Energy, Exports, Finance, Imports, Infrastructure, Investment, Trade

By Charles van der Leeuw Russia’s return to serious trade and investment on the African continent only seriously took off almost three decades after the breakup of the Soviet Union. The legacy the USSR had left in Africa remained untouched by western powers for a long time, and when China, in 2014, announced its Belt

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DOM

DOM.RF To Conduct A November IPO On The Moscow Stock Exchange

Economy, Finance, Infrastructure, Investment, Russia

PJSC DOM.RF has announced plans for an IPO on the Moscow Exchange, with the planning to obtain a listing and start trading its shares on the Moscow Exchange this month. The shares are expected to be included in the first-tier list. DOM RF are a Russian state-owned financial services and property management company involved in

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VAT

Russia Relaxes VAT Threshold Payments For Its SMEs by 50%

Economy, Finance, Investment, Regulatory, Russia

The Russian government has accounted for the wishes of businesses and members of parliament and proposed a gradual transition to VAT payment for small- and medium-sized businesses on a simplified tax system, lowering the payment revenue mechanism from a threshold of ₽20 million (US$245,000) to ₽10 million (US$125,000) over the coming three years, Prime Minister

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