Middle East

Somalia Flag

Russia, Somalia Agree on Trade, Security & Economic Cooperation

Africa, Infrastructure, Middle East, Security, Trade

Russia’s special presidential envoy for the Middle East and Africa, Mikhail Bogdanov, and Somali officials have agreed to expand cooperation between the two countries in security, politics, trade, and economic areas, the Russian Foreign Ministry has announced. According to the Ministry, Bogdanov held talks with Somali Foreign Minister Ahmed Moallim Fiki while on an official […]

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INSTC

INSTC Freight Capacity To Increase By 8.3 Million Vehicles Per Annum

Commonwealth of Independent States, India, Infrastructure, Investment, Logistics & Transport, Middle East, Russian Market

The International North-South Transportation Corridor (INSTC), which links Russia to the Middle East, East Africa and South Asia, is set to increase its carrying capacity by 8.3 million vehicles per year, according to the Russia Federal State Budgetary Institution, Rosgranstroy. All major construction and reconstruction works are expected to be completed by 2030, which includes

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Iran

Russia, Iran To Create Consortium of Ports and Shipping Companies

Infrastructure, Investment, Logistics & Transport, Middle East, Trade

Russia and Iran are create an association to unite ports and shipping companies of the two countries according to the Russian Ministry of Transport, who announced the plans following talks between Dmitry Zverev, State Secretary and Deputy Minister of Transport of Russia, and Saeed Rasouli, Deputy Minister of Roads and Urban Development of Iran. The

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Global South Image

Global South To Increase Share Of Global Trade: Boston Consulting

Africa, Asia, BRICS, China, Latin America, Middle East, Russian Market, Trade

The countries of the Global South, which include 133 countries in Asia, Africa, Latin America and the Middle East, will trade more actively with China in the next decade, the Boston Consulting Group (BCG) has stated in their latest report. They note that trade turnover between China and the Global South will grow by 5.9%

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Sri Lanka

Oman Joins International North-South Transport Corridor

Infrastructure, Logistics & Transport, Middle East, Trade

Roman Starovoit, Russia’s Minister of Transport, has met jointly with President Vladimir Putin and Sultan of Oman Haysam Bin Tarek Al Said, with an MoU in transport and transit signed between the transport authorities of the two countries. The document realizes the transit potential of the North-South international transport corridor, increases the efficiency of transport

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Iran

Russia, Iran Working On Expanding Overland Gas Pipeline Capacity

BRICS, Energy, Eurasian Economic Union, Exports, Infrastructure, Middle East

Russia and Iran are continuing to work on joint projects to create new land corridors for Russian gas shipments to Iran, according to a joint statement issued by Russian Deputy Prime Minister Alexander Novak and Iranian Petroleum Minister Mohsen Paknejad. The two sides also discussed the implementation of other joint energy infrastructure projects. They also

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OIC Flag

Russia Hosts Foreign Ambassadors of the Islamic Organisation for Cooperation

Africa, Asia, BRICS, Exports, Imports, Investment, Middle East, Trade

The Russian Ministry of Foreign Affairs has hosted an informational meeting of the leadership of the Strategic Vision Group ‘Russia – Islamic World’ with the ambassadors of the member states of the Organisation of Islamic Cooperation (OIC). The meeting was co-hosted by Sergey Lavrov, Russia’s Foreign Minister, and Rustam Minnikhanov, of the Republic of Tatarstan,

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Russia Oman Flags

Russia, Oman 2025 Relations: Update  

Investment, Middle East, Trade

The Russian President, Vladimir Putin, and Sultan Haitham bin Tariq Al Said, the Sultan of Oman, have been holding talks in Moscow to  address the main tracks of further development of Russian-Oman cooperation, including the trade-economic, financial-investment and cultural-humanitarian spheres, as well as vital international and regional issues. Oman is strategically located in the south

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Iran

Russia, Iran 2025 Relations: Update

BRICS, Investment, Middle East, Security, Shanghai Cooperation Organisation, Trade

The Iranian Foreign Minister, Abbas Araghchi has been visiting Moscow and has met with both President Putin and Russia’s Foreign Minister, Sergey Lavrov. Apart from mediating in the proposed United States-Iran nuclear agreement, the two sides also held extensive discussions concerning Russia-Iran bilateral relations. Following these, Lavrov held a press conference to describe the latest

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Qatar Flag

Russia, Qatar Sign US$2 Billion Investment Fund Deal  

Exports, Finance, Imports, Investment, Middle East, Trade

Russia and Qatar have signed an agreement to establish a new US$2 billion investment platform aimed at strengthening economic ties and boosting bilateral cooperation. The deal was signed on Thursday (April 17) following talks in Moscow between Russian President Vladimir Putin and Qatari Emir Sheikh Tamim bin Hamad Al Thani, who was in Russia on

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