Russia will build a large, modern naval base in the town of Kaspiisk in its Republic of Dagestan, the country’s Defense Minister Sergei Shoigu said, according to the Dagestan office of RIA news agency.
The defense minister said that Russian specialists already started the work to expand the bay in the...
Construction of Egypt’s first nuclear power plant will begin in the next two to two-and-a-half years, the country’s officials said Sunday, according to Reuters.
The 4,800 megawatt (MW) capacity plant at Daba’a in the north of the country, to be built by Russia’s state nuclear corporation Rosatom, aims to be...
An ongoing dispute between two Azerbaijan-born real estate tycoons could become a new source of contention in the up-and-down relations between Moscow and Berlin, the International Policy Digest writes.
German-based businessman Ilgar Hajiyev alleges that his former partner, Moscow-based billionaire God Nisanov, illegally seized hundreds of millions of dollars in...
Russia has demanded compensation from the United States through the World trade Organization (WTO) for Washington’s decision to impose global tariffs on steel and aluminium, Reuters reported.
A WTO statement, circulated at the request of Moscow, describes Donald Trump administration's decision as a "safeguard measure" that under WTO rules should...
Officials from the governments in Baku and Moscow inaugurated a new bridge across the Samur River on Tuesday, hailing the advantages of faster and more convenient trade provided by the project, Azertag reported.
The cross-border trade between Azerbaijan and Russia has been challenged by a deteriorated highway bridge that linked...
Russia has lost the top spot among European countries in commissioning new areas in shopping centers, RIA news agency wrote citing a report by American commercial real estate services company Cushman & Wakefield.
The report, titled: European Shopping Centres: The Development Story, provides an overview of shopping center stock levels and development activity...
A tender for the construction of a passenger cableway in Russia’s Altai region was awarded to a subsidiary of Austrian company Ropetrans International GmbH.
The company will be engaged in the delivery, installation, and commissioning of the equipment of the cableway in the Siberian Federal District, Interfax reported.
A corresponding agreement...
Regional leaders on Friday launched construction work on the Afghan section of an $8-billion (€6.5-billion) natural gas pipeline from Turkmenistan via Afghanistan and Pakistan to India, The New York Times reports.
Turkmenistan holds the world's fourth-largest gas reserves but has been heavily dependent on exports to China after Russia cut...
The first hotel under the Radisson brand in Russia will be opened in Perm in the Urals region in 2021, the world-renowned hotelier announced on Thursday, according to Interfax.
The newly built Radisson Hotel Perm will have 150 rooms and is due to open in late 2021. This new signing...
Russia has wrapped up construction of its first rail bridge to China, connecting the two countries across the Amur River, UPI reported on Thursday.
Construction of the 2 bridge between Nizhneleninskoye in Russia and Tongjiang city in China began in 2014, underscoring Russia’s Eastern pivot amid deteriorating ties with the West. China completed construction...
