A group of Israeli businessmen were expelled from Russia this week after being detained at a Moscow airport for 12 hours, the Times of Israel reported citing a television report on Monday.
The eight Israelis, representatives of large companies based in the Middle East country, had arrived in Russia for meetings...
A Russian business delegation visited Myanmar earlier this week to discuss investment opportunities in the Asian country, MMTimes reports.
U Thaung Tun, Myanmar’s Minister for Investment and Foreign Economic Relations welcomed the delegation in Nay Pyi Taw, where the group discussed opportunities for investments and trade.
Timur Maksimov, Deputy Minister for...
Russia’s banking sector remained profitable and healthy in the first ten months of this year, but corporate lending is stagnating as big companies are unwilling to borrow, while the regulator is stamping on the fast growth of retail loans, Fitch Ratings said in a report, according to bne Intellinews.
Corporate lending remains...
Western economic sanctions have failed to slow down Russia’s foreign arms sales, which actually “increased dramatically” in 2019, President Vladimir Putin said Monday, according to Xinhua.
Speaking at a meeting of the country’s Commission on Military-Technical Cooperation with Foreign Countries, Putin said that Russian arms sales increased to $13 billion this...
Plans by the regional government in Russia’s Chukotka include double the number of tourists visiting the region annually to 50,000, the head of the regional Fund for Development of Tourism, Sergei Kochanov, told TASS on Monday.
Chukotka’s government was the first among Russia’s regions to adopt a tourism development strategy...
The Astrakhan Business Center will open in Baku in May-June 2020, the governor of the Russian region Igor Babushkin said last week during a working visit to Azerbaijan, according to Izvestia.
The business center will seek to establish direct contacts between representatives of the Azerbaijani and Russian business communities, the...
Streaming platform Twitch, owned by U.S. giant Amazon, could soon be blocked in Russia if a lawsuit to be heard in the country’s courts is successful, Kommersant reported on Monday.
Russian tech group Rambler, partly owned by the country’s biggest bank Sberbank, is attempting to recover 180 billion rubles (about $2.87...
The prime ministers of Russia and Belarus, Dmitry Medvedev and Sergei Rumas, have discussed issues concerning the planned economic integration of the two countries, as well as trade and economic subjects in a telephone call initiated by Minsk, TASS reported on Saturday.
The conversation also included a number of issues...
Russia’s Roscongress Foundation and the Qatar Investment Promotion Agency have inked a document that sets up a joint working group for coordination of investment activities and business projects, Gulf News reports.
The agreement was signed during the Doha Forum, held this weekend in the Qatari capital. A Russian delegation held...
Russia’s long-awaited privatization program will take further shape this week when authorities will finalize a list of companies set for sale in 2020-2022, a source familiar with the matter told Reuters on Sunday.
Russia has been delaying the process for years as it was trying to sell some of these...
