Middle East

INSTC

Eastern Section Of The North-South Transport Corridor Volumes Increased Threefold In 2024

BRICS, India, Infrastructure, Logistics & Transport, Middle East, Russia's Belt & Road, Trade

The Iranian Ambassador to Russia, Kazem Jalali, has said that during 2024, between 1.8 million and 2 million tonnes of cargo were transported along the eastern branch of the North-South international transport corridor, which leads to Iran through Kazakhstan and Turkmenistan. This is approximately three times more than in 2023. Two other branches of this […]

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Iran

Russia, Iran Sign 20 Year Comprehensive Strategic Partnership Treaty 

BRICS, Middle East, Regulatory, Security, Trade

President Vladimir Putin of Russia and President Masoud Pezeshkian of Iran have been holding talks at the Kremlin on Friday (January 17) and have signed a Comprehensive Strategic Partnership Treaty. According to officials from both counties, the document covers multiple areas, including defense, the fight against terrorism, the energy sector, finances, transport, industries, agriculture, culture,

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Oman Russ

Oman Looking To Attract Russian Investors To Develop As A Middle East Hub  

Energy, Exports, Middle East, Trade

Oman is interested in attracting Russian investors in the sectors of sustainable development, tourism, technology, as well as other areas, according to the Omani government. In order to create favorable conditions for foreign investment, Oman has been developing special economic zones in the country and has specifically created areas where the Sultanate needs a Russian

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Solyanka Port

Iran Imports From Russia Up As New Supply Chains Kick In

BRICS, Exports, Infrastructure, Logistics & Transport, Middle East, Trade

Iran’s imports of non-oil products from Russia have reached US$1.1 billion in the past 8 months, according to Foroud Asgari, Iran’s Minister of Customs. He said that Russia has now become the fifth largest source of Iranian imports. In early December, Russian President Vladimir Putin had highlighted the stability and reliability of trade and economic

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Syria

New Syrian Regime Wants ‘Good Relations’ With Russia, No Planned Withdrawal

Middle East, Security, Trade

The new Syrian authorities, led by the country’s de facto leader Ahmed Hussein al-Sharaa, of the Islamists Hayat Tahrir-al-Sham (HTS) would like to remain on good terms with Russia, al-Sharaa has said, stating in an interview with local broadcaster Al Arabiya on Sunday (December 29) that his government would not necessarily be seeking the withdrawal

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Iran

Russia – Iran Comprehensive Strategic Partnership Agreement To Be Signed January 17

BRICS, Exports, Imports, Middle East, Security, Trade

A comprehensive strategic partnership agreement between Russia and Iran will be signed during a meeting of both countries’ presidents in Moscow on January 17, 2025, the Iranian Ambassador to Russia, Kazem Jalali has stated. The Iranian Embassy in Moscow released a statement saying “Speaking about the readiness of Iran and Russia to sign a Comprehensive

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BRICS

Nine New BRICS Partner Countries From January 1, Four Pending, and 24 Applications

Africa, Asia, BRICS, Latin America, Middle East, Russia's Belt & Road, Trade

Nine countries will officially join BRICS as partner states in January, Russian presidential aide Yuri Ushakov has said, adding that the economic group is open to like-minded partners. The new “Partner Country” status was approved at the BRICS summit in Kazan in October, after more than 30 countries applied to join the organization. Partner country

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Russia – Armenia Bilateral Trade Increases 91% In 2024

Eurasian Economic Union, Exports, Imports, Middle East, Trade

The Deputy Prime Ministers of Russia and Armenia – Alexei Overchuk and Mher Grigorian, have highlighted the continuing rapid growth of Russian-Armenian trade during the Russian-Armenian intergovernmental commission on economic cooperation meeting in Moscow on Friday (December 20). Overchuk said “Our trade and economic relations continue to be on the rise.  I can say that

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Direct Sharjah – Sochi Flights To Start From June 2025

BRICS, Eurasian Economic Union, Logistics & Transport, Middle East, Russian Market, Trade

Air Arabia plans to launch direct flights on the Sharjah, of the United Arab Emirates, to Sochi on  Russia’s Black Sea Coast route starting from June 27, 2025, according to Sochi Airport. Flights will operate three times per week on Mondays, Wednesdays, and Fridays on narrow-body Airbus A320 aircraft, with travel time just under four

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