Middle East

Golden Apple

Russian beauty retailer Golden Apple enters Saudi Arabian market

Exports, Investment, Middle East, Russian Market, Trade

The cosmetics and perfumery chain Golden Apple (Yekaterinburg) will begin operating in Saudi Arabia, with offline and online stores to be launched in the coming months, the company’s press service said. “Golden Apple will become not only the first Russian beauty retailer to enter the kingdom’s market but also the first multi-brand retailer to enter […]

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Russia-Syria

First telephone conversation held between Putin and Syria’s Ahmed al-Sharaa

Infrastructure, Middle East, Security, Trade

The phone call marked the first high-level communication between Moscow and Damascus after the change of government that happened in Syria at the end of 2024.The heads of state discussed the situation in Syria, where a transition period is expected to last until March 1, 2025, and was declared after opposition forces conducted a successful

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Lukoil

Lukoil Expected To Sign New Egyptian Oil Concession

Africa, BRICS, Energy, Investment, Middle East, Trade

According to the Egypt Upstream Gateway, which operates on behalf of the Egyptian Petroleum and Mineral Resources Ministry, Russia’s Lukoil is interested in acquiring Egypt’s South Wadi El-Sahl block. A memorandum of understanding for the project is expected to be signed during the Egypt Energy Show (EGYPES), which takes place in Cairo on February 17-19.

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Tourism

Russian’s Spending More Tourist Dollars On Overseas Trips

Asia, Economy, Exports, Logistics & Transport, Middle East, Russian Market, Trade

Russian spending on trips abroad has exceeded pre-2019 record levels, according to the Russian Central Bank. In 2024, Russian nationals spent almost US$38 billion on travel to other countries, overtaking the previous record by US$1.5 billion. Among the main reasons for the growth of the Russian overseas tourism sector are the availability of new destinations

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Ajet

More Istanbul – St.Petersburg Flight Connections From March

Logistics & Transport, Middle East, Russian Market, Trade

Turkiye’s AJet airline will launch direct flights between Istanbul and St. Petersburg on March 14, according to St. Petersburg’s Pulkovo Airport. There will be four flights a week, on Mondays, Wednesdays, Fridays and Sundays. Pulkovo airports press service stated that “AJet is the fourth carrier on the St. Petersburg-Istanbul route. The number of flights to

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Israel

Russian Visits To Israel Decline To Just Over 70,000 For 2024

Logistics & Transport, Middle East, Russian Market, Trade

The Israeli Tourism Ministry has said that 72,600 Russian tourists visited Israel in 2024, a sharp decline from the 158,500 Russian tourist arrivals in 2023. The number of tourists fell after the Israeli-Palestinian conflict escalated on October 7, 2023. Overall, Russian visitors retained the fourth position among foreign tourists to Israel in 2024 with a

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Egypt Wheat

Russian Agricultural Exports To Egypt Up 20% In 2024  

Africa, Agriculture, BRICS, Exports, Middle East, Trade

Russia boosted exports of agricultural products 20% year-on-year to over $3 billion to Egypt in 2024, the Agriculture Ministry’s Agroexport center has said, citing preliminary expert estimates. The main export product was wheat, accounting for 84% of all deliveries. Sunflower oil at 13%, soybean oil at 2%, and dried lentils and chickpeas under 1% each

Russian Agricultural Exports To Egypt Up 20% In 2024   Read More »

Dagestan

New Dagestan Grain Terminal To Be Built To Service Central Asia & The Middle East   

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

A new grain terminal with a capacity of 1.5 million tonnes per year is to be built in Makhachkala Port (Dagestan) during 2025, according to Dzhambulat Salavov, the Dagestan Minister of Transport and Road Management. He was assessing the department’s tasks for 2025. In addition, major repairs, reconstruction of existing berths and construction of an

New Dagestan Grain Terminal To Be Built To Service Central Asia & The Middle East    Read More »

BRICS-US

The United States Bilateral Trade With The BRICS: Country By Country Analysis

Africa, Asia, BRICS, China, India, Latin America, Middle East, Trade

The United States President, Donald Trump, has stated on his social media account that he intends to place 100% tariffs on all imports into the United States from BRICS countries if they discontinue using the US dollar in their multilateral trade relations and revert to using their own currencies. In this article we examine the

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Syria

Russia-Syria 2025 Diplomatic, Trade, and Security Updates

Middle East, Security, Trade

A Russian delegation has been visiting the new regime in Syria following the fall of the pro-Russian Bashar al-Assad government lasts month. In apparently positive news for Moscow, Russian Deputy Foreign Minister Mikhail Bogdanov has reported that Moscow and Damascus intend to maintain their historically stable and mutually beneficial relationship. It was the first Russian

Russia-Syria 2025 Diplomatic, Trade, and Security Updates Read More »

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