Wednesday, May 22, 2024
The Russian Government has proposed that from 2019, the number of foreign workers employed in the construction sector will be limited to 80% of the total number of workers in an enterprise, the Kommersant business newspaper reports. "There will be a reduction in the foreign labor force in the...
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...
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...
Nornickel proposes to improve the Dudinka port in the Krasnoyarsk Region for up to 26 billion rubles ($353 million). According to the corporation's Senior Vice President Sergei Dubovitsky, the port's capacity will increase by a third. Nornickel's Polar Division is in charge of the Dudinka port. It serves as both a...
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...
The Russian Federal State Statistics Service (Rosstat) has revised up its estimate for growth in the construction sector for the end of 2018 from zero to 5.3% y/y, in a move that raised eyebrows amongst Russian analysts, Intellinews reports. Rosstat has already been under fire for the poor quality of...
The first flight, operated by Pobeda Airlines, has arrived this week at a newly-built airport in the Russian city of Saratov, which is named after legendary Russian cosmonaut Yuri Gagarin, RIA Novosti reported.  Built to replace Saratov Tsentralny Airport because expansion was impossible, Gagarin International Airport is the latest in...
The crash of the ruble last month has led many Russians to buy real estate in a bid to protect their money, and a 31% rise in apartment sales in Moscow was observed last month, Reuters reported citing the country’s cadastre office.   A total of 14,801 sales of already built...
Russian Prime Minister Mikhail Mishustin signed a government order to allocate 74 billion rubles to 34 regions for the construction of 128 schools, the press service of the government said. "The second stage of selection of projects for the construction of schools in the regions has been completed in Russia....
The modernization of an airport in the contested region of Crimea, which Russia annexed from Ukraine in 2014, is nearing completion, Izvestya reports. The revamped airfield can, if necessary, become a permanent base for strategic missile carriers and long-range bombers, the newspaper writes. Belbek, located close to the Black City...