Middle East News & Analysis

Middle East

Russia’s trade and investment into the Middle East is rapidly developing, with relations both through the Gulf Cooperation Council and the Arab League all helping boost bilateral trade by 25% during 2025. Partially driven by the developments along the INSTC, and new regional free trade agreements, we provide analysis of the growing Russia-Middle East economic partnership. Discover trade statistics, investment flows from the GCC, and business opportunities for companies in both regions.

Featured January 17, 2025

Russia, Iran Sign 20 Year Comprehensive Strategic Partnership Treaty 

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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Featured January 13, 2025

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

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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January 6, 2025

Iran Imports From Russia Up As New Supply Chains Kick In

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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January 3, 2025

What To Expect From BRICS 2025? 

Brazil has just become the new Chair of the BRICS group, taking over from Russia. The 2025 BRICS summit can be expected to be held in Rio de Janeiro, where the G20 also met just a few months ago, ensuring Brazil retains a global focus of key economic participants. Many in Brazil already regard the […]

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December 30, 2024

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

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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December 23, 2024

Russia – Armenia Bilateral Trade Increases 91% In 2024

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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December 17, 2024

Direct Sharjah – Sochi Flights To Start From June 2025

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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December 17, 2024

Syria Can Still Be Considered For BRICS If New Government Confirms Interest

The BRICS will review Syria’s existing membership application if the new Syrian authorities endorse it, according to Sergey Ryabkov, Russian Deputy Foreign Minister and Russia’s Sherpa in the BRIC. Russia currently holds the BRICS Presidency. Ryabkov said that “We consider applications of all countries very seriously, and Syria is no exception. But we do not […]

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December 17, 2024

Russia, Sudan To Sign Multiple Oil Exploration Deals 

Russian oil companies have finalized numerous oil exploration agreements with Sudan, including industrial and commercial deals. “There are 22 separate (oil) fields in Sudan, more than 70% of which are located in safe areas, in the north, in the east, in Khartoum and north of it. Most are in safe areas, and Russian companies, anmely […]

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