Trade

Qualified-Investor

Russia Sets Qualified Investor Minimum Investor Income At US$150,000

Economy, Finance, Russian Market, Trade

The Central Bank of Russia has set the minimum annual income threshold for obtaining the status of a Qualified Investor at ₽12 million (@US$150,000) according to Mikhail Mamuta, Head of the Russian regulatory body for the Protection for Consumer Rights and Ensuring the Availability of Financial Services. He was speaking on the sidelines of the […]

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Russia To Add Wool As A Stock Exchange Traded Commodity

Agriculture, Exports, Trade

Russia intends to introduce wool auctions and include wool among exchange-traded commodities to regulate and structure this market segment, according to Kseniya Bobyleva, deputy director of the Department of Light Industry and the Timber Complex at the Russian Ministry of Trade and Industry. She was speaking at the 25th Russian Exhibition of Pedigree Sheep and

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HCMC

FESCO Completes First Direct St.Petersburg – Ho Chi Minh City Shipping Service 

Asia, Eurasian Economic Union, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Russia’s FESCO shipping has completed its first direct ship call to Ho Chi Minh City, on Vietnam’s east coast. The service operates on FESCO’s Baltorient Line (FBOL) service, which takes in St. Petersburg, as well as ports in India and China. The transit time from St. Peterburg to Ho Chi Minh City is about 34

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Russian Foreign Minister Speech And Q&A With The Diplomatic Club

Africa, Asia, BRICS, Infrastructure, Investment, Russia's Belt & Road, Russian Market, Security, Trade

The Russian Foreign Minister, Sergey Lavrov, has given an interesting speech and held a Q&A session with the Diplomatic Club in Moscow, which includes attendees from the Russian Foreign Ministry academy, Russian Regional Governors, and Foreign Ambassadors. The event was the first to be held since the covid pandemic. In a wide ranging presentation, Lavrov

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Flag Combo

Russia To Host First Russia-Arab Summit In October

Africa, Investment, Middle East, Security, Trade

The Russian President, Vladimir Putin, has invited all Heads of State and the Secretary General of the Arab League for the first Russia-Arab summit on October 15, according to a statement from the Kremlin. Putin has stated that “I am confident that this meeting will contribute to the further strengthening of mutually beneficial, multifaceted cooperation

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Dubai

Dubai accepts Crypto

Economy, Finance, Trade

Dubai has been building its crypto credentials for several years and sees itself as a Middle East crypto hub. In March 2022, it established VARA, calling it the world’s first independent crypto regulator, and has awarded licenses to exchanges including Binance and OKX. It also initiated a metaverse strategy aiming to attract 1,000 metaverse and

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Russia_Oman

Oman as a Destination for Registering Russian Businesses is Growing

Infrastructure, Logistics & Transport, Middle East, Trade

Russian businesses are increasingly interested in Oman as a business jurisdiction than the traditionally popular United Arab Emirates, whose status as the Middle East’s standard hub for registering companies and conducting settlements could be at risk from a tightening of Western regulatory requirements and sanctions compliance. More frequent requests are being seen to register companies,

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Kazan

The Islamic World and Business Relations with Russia

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

The XVI International Economic Forum “Russia – the Islamic World: KazanForum” is taking place from May 13 to May 18 in Kazan. The main theme of the forum in 2025 is “Digitalization: a new reality and additional opportunities for expanding cooperation.” Several thousand people taking part representing over 100 countries. To put it in a

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