An Islamic bank may open for services in Russia in 2026, according to Anatoly Aksakov, the head of the State Duma Committee on the Financial Market and chairman of the council of the Association of Banks of Russia. He stated that “We are now actively working on creating an Islamic bank in Russia. We are […]
The Russian Federal Air Transport Agency (Rosaviatsiya) has lifted restrictions on night flights from 1 a.m. to 7 a.m. from Russian to Israeli airports. The agency stated that “The decision was made after a thorough analysis of the Middle East situation and coordinated by the agency with the corresponding departments.” In the winter schedule for
The 24th Plenary Session of the International Coordinating Council on Trans-Eurasian Transportation (CCTT) has been taking place in Dubai, with Vladimir Serpikov, the Director of the Trade Policy Department of the Eurasian Economic Commission (EEC), participating. Significant topics included the development of container transportation in Euro-Asian traffic, the simplification of cross-border operations, and ensuring a
The Eurasian Economic Union As Part Of A Eurasian-International Transport System Read More »
The Eurasian Development Bank (EDB) has released a Eurasian Transport Framework (ETF) Observatory, being an analytical tool for monitoring and systematising infrastructure projects related to Eurasian international transport corridors and routes, covering 13 countries: Azerbaijan, Armenia, Afghanistan, Belarus, Georgia, Iran, Kazakhstan, Kyrgyzstan, Mongolia, Russia, Tajikistan, Turkmenistan, and Uzbekistan. It currently lists 325 projects at various stages of implementation,
As 2025 draws to a close, the strategic trade and economic exchanges between Russia and the Gulf Cooperation Council (GCC) have reached unprecedented depth and vibrancy. What began as periodic high-level consultations has matured into a multifaceted, mutually beneficial partnership rooted in macroeconomic complementarity, robust commercial cooperation, infrastructure connectivity, and shared interests in shaping a
The first UAE-Russia Business Forum takes place today (December 10), in what promises to be a landmark event in the architecture of contemporary Eurasian connectivity. Organized by the Russia–UAE Business Council with the support of the Russian Ministry of Industry and Trade and coinciding with the 12th meeting of the Russia-UAE Intergovernmental Commission on Trade,
2025 has become a watershed in Russia-Oman relations. With Sultan Haitham bin Tariq’s historic April visit to Moscow, the first by an Omani ruler, ten agreements were sealed in trade, diplomacy, media cooperation, climate dialogue, and a mutual visa exemption programme. That visit, followed by the Russia–Oman Business Forum in Muscat on November 13, 2025,
Russia and Oman 2026: Open Doors, Robust Investment, Trade and INSTC Connectivity Read More »
Both Russia and Turkiye have been working to ensure that landlocked Hungary retains its energy supply sovereignty and does not have to cede to European Commission demands. In the first instance, Hungarian Prime Minister Viktor Orban has said that Turkish President Recep Tayyip Erdogan has agreed to guarantee the continued flow of Russian gas through
Russia, Turkiye, Assist Hungary In Maintaining Energy Sovereignty Read More »
The recent sanctions imposed by the United States on Russia’s Lukoil appear to be more about the forced acquisition of Russian overseas energy assets by US companies, with Ukraine used just as an excuse. The Russia-Iraq joint venture at Iraq’s West Qurna-2 field, which was producing 460,000 barrels per day, appears to be illustrative. The
US Sanctions On Lukoil More To Do With Forced US Acquisition Of Russian Overseas Assets Read More »
Russia’s Damate Group, a leading producer of turkey meat in Russia, has received the right to export its products to Malaysia. The company has stated that “The first regular container shipments are already being assembled for dispatch. The company plans to ship the first batches of products by mid-December.” Damate notes that it is the
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