Trade between Russia and Egypt may go up to $10 billion in 2018, chairman of the Russia-Egyptian Business Council under the Russian Chamber of Commerce and Industry, Mikhail Orlov, said on Friday, according to TASS.
"Trade is growing dramatically It was about six billion dollars last year and is...
Russian authorities do their best so that the coming migrant workers can feel comfortable, since Russia faces labor shortages in certain sectors of the economy, Russian President Vladimir Putin said at a meeting with Tajikistan’s President Emomali Rahmon in Moscow on Saturday, TASS informed.
The Russian leader focused on labor...
Several new large pig production facilities are being built in Russia despite the fact that self-sufficiency has almost been reached and in some cases there is an oversupply, Kommersant business daily reported.
The combined worth of the pig farms currently under construction in Russia reaches a hefty $3.3 billion and...
Turkey has been stockpiling parts for F-16s and other military equipment in anticipation of a U.S. sanction for acquiring the Russian S-400 air defense system, Bloomberg reported.
Two anonymous officials from Turkey who spoke to the news outlet refused to clarify on what types of spares were accumulated, how much...
German wholesale group Metro suffered a sharp drop in share price on Thursday after it reported another quarter of falling sales at its Russian business and an impairment charge on the Real hypermarkets chain it is trying to sell, Reuters reports.
On Wednesday, Metro’s stock had rallied on relief that...
A report that Russia’s current Finance Minister Anton Siluanov is to become Russia’s First Deputy Prime Minister while “maintaining his opportunities within the Finance Ministry” can mean the Kremlin will opt for a policy for austerity this term, an expert told Eurasia Daily.
Mikhail Neyzhmakov, senior analyst at the Agency for...
Russia’s emerging middle class is willing to spend more for better healthcare service, driving a flourishing private medical services industry in the country, bne Intellinews writes.
Citizens enjoy free universal medical care under the Russian constitution, but the system is less than ideal, driven by shortages of beds, equipment,...
The Trump administration has released its long-awaited list of Russian politicians and business figures late Monday, Associated Press reported.
The list, required by a law passed by Congress last year to punish Russia for meddling in the 2016 U.S. election, is an attempt to increase pressure on Russian President Vladimir Putin....
Russia’s oil giant Rosneft has changed its mind on cooperating with Iran, three sources linked to the state company’s top managers told business newspaper Vedomosti.
Late last year, Rosneft and the National Iranian Oil company announced plans for joint projects in oil and gas production to the tune of $30...
