The construction of a water park worth six billion rubles ($90 million) began on Thursday in Khabarovsk in Russia’s Far East, TASS reported.
The aqua park is planned to be commissioned in 2021, the technical project developer Vadim Sukharev of the Brosko company said at the ground-breaking ceremony.
"A water park with...
Pakistan’s defense minister has said his country is deepening its relationships with Russia and China after the U.S. decided to suspend $2bn in military aid to Islamabad.
Khurram Dastgir Khan told the Financial Times that his government was engaged in a “regional recalibration of Pakistan’s foreign and security policy” that threatens...
A masterplan competition for the coastal city of Novorossiysk was awarded to Zaha Hadid Architects (ZHA), the studio announced, according to Arch Daily.
ZHA teamed up with Russian practice Pride TPO to compete for the Admiral Serebryakov Embankment competition and was selected out of 40 teams from 13 countries. Miralles...
At least 7.5 billion rubles ($118.6 million) was embezzled from funds allocated to the construction of the Zvezda (“Star”) shipyard in Russia’s Primorye region, a police investigation has revealed, according to Interfax.
The probe into the theft has been underway since 2014, while the shipyard has been under construction since...
China and Russia are investing billions of dollars into attempts to produce aircraft capable of sparring with western giants Boeing and Airbus in both the wide-body and single-aisle sectors, Australian Aviation reports.
One contender is the CR929, being developed by the China-Russia Commercial Aircraft International Corporation (CRAIC), a joint venture...
Russian steel producer Evraz declared a second interim dividend after a half-year where earnings and free cash flow surged, Finam.ru reports.
The FTSE 100 group increased revenue 24.2% to $6.3 billion in the first six months of the year. Revenues were up 12% from Russia to $2.3 billion, 29% in...
Further work on the creation of a modernized frigate of project 22350M was suspended after the development of the outline design of the ship due to the lack of a customer’s decision, as stated in the report of Northern Design Bureau JSC (Northern Design Bureau, part of United Shipbuilding...
Sergiev Posad, an important Orthodox Christian pilgrimage site near Russia’s capital and home of the Russian Church’s Moscow Patriarchate, is about to experience a momentous change with new Kremlin plans to create a “Russian Vatican” on the site, Vedomosti wrote last month.
Under the plan revealed by the business newspaper, Russian...
The company that built the controversial Kerch Strait bridge in Russia-occupied Crimea, Stroigazmontazh, is also ready to build a bridge to link Russia’s Far eastern island of Sakhalin and mainland, RBK reports.
Billionaire Arkady Rotenberg, chairman of the company’s board of directors, was speaking about the subject in an interview with the...
The Russian state nuclear energy corporation, Rosatom, held a workshop this week on for representatives of Saudi companies based in the west of the Gulf country, the Saudi Gazette reports.
The workshop was held at the Jeddah Chamber of Commerce Industry (JCCI) headquarters and under its support.
“The realization of an...
