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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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Norsk Nikel

Norilsk Nickel Negotiating Battery JV In China

China, Energy, Investment, Trade

Norilsk Nickel (Nornickel) is the leader in Russia’s metals and mining industry, as well as the largest palladium and high-grade nickel producer and one of the largest producers of platinum and copper. Nornickel also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium, and sulfur. It has confirmed plans to develop major projects in Russia

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India Agriculture

Russia-India Agricultural Trade Grew 60% In 2024

Agriculture, Exports, India, Trade

Agricultural trade between India and Russia has grown by more than 60% in the past year, Russian Deputy Prime Minister Dmitry Patrushev said during current talks with India’s Ambassador to Russia, Vinay Kumar. “We are interested in further developing mutual trade,” Patrushev said during the meeting, adding that Russia is ready to increase exports of

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India

India Now Producing Russian Weapons: Defence Minister 

BRICS, India, Investment, Security, Trade

India’s Minister of Defence, Rajnath Singh has described Russia as a “longtime and reliable partner” in the security and defence sector. Speaking on the sidelines of the Aero India show that is currently underway in Bangalore, Singh highlighted the strong ties between the two countries, noting that Indian state-owned defence companies are now producing Russian

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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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Asia

Russian Foreign Ministry: “Developing Trade With Asia Is A Key Task”

Asia, Trade

Advancing practical cooperation with Asian states is among Russia’s key tasks, Russian Deputy Foreign Minister Andrei Rudenko has said, to mark ‘Diplomat’s Day’ yesterday (February 10). “Advancing practical cooperation with Asian states is listed among key tasks. Despite the unprecedented pressure of the collective West on our partners and the illegitimate anti-Russian sanctions, trade and

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Russia DTA

Russia 2025 Double Tax Treaty Agreements: An Update  

Finance, Investment, Regulatory, Trade

Russia suspended its double tax treaties with numerous ‘unfriendly’ countries in 2022, a decision that created some shock waves at the time as these agreements prevented the taxing of income in both Russian and mainly Western-aligned countries. As was shrewdly observed at the time “Why should Russia treat unfriendly foreign nations to tax reductions when

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Trade

Trade With Southeast Asia and Latin America Now Accounts for 70% of Russia’s Exports & Imports: Foreign Ministry Interview

Asia, BRICS, Eurasian Economic Union, Finance, Latin America, Trade

Trade with the economies of Southeast Asia and Latin America already accounts for more than 70% of Russia’s export-import transactions, and the share of settlements in national currencies under foreign contracts with them is about 90%, according to Alexander Pankin, the Russian Deputy Foreign Minister. He emphasized that Moscow will continue to deepen cooperation with

Trade With Southeast Asia and Latin America Now Accounts for 70% of Russia’s Exports & Imports: Foreign Ministry Interview Read More »

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