New oil agreements are planned as part of Vladimir Putin’s visit to Saudi Arabia on Monday, as the Russian president will try to use his influence to defuse rising tensions in the Gulf, VOA News in Russian reports.
Oil will be "the main topic of discussion" between the leaders, Russian...
Washington is trying to stonewall the United Nations’ work not only by creating visa hurdles for delegations’ members but also by ignoring its commitments on contributions to the organization’s budget, the Russian Foreign Ministry said on Sunday, TASS reported.
"It’s necessary to note that the United States has been a...
President Vladimir Putin said Russia has “very friendly personal relations” with Saudi Crown Prince and de facto ruler Mohammed bin Salman, Reuters reported.
Putin was speaking in an interview with Arab broadcasters, including Saudi-owned Al Arabiya TV, ahead of his first visit to Saudi Arabia in over a decade.
Putin also...
Starting from next April, ferrous and non-ferrous scrap exports from Russia will be allowed only for traders who buy the scrap through an exchange, S&P Global Platts reported.
The country will not renew its ferrous scrap export quota, a spokesman for the deputy prime minister told the news outlet...
Russia’s second-largest lender, VTB, is betting on digital transformation and aggressive retail growth as the keys to success for the bank, its chairman Andrei Kostin told Euromoney in an interview on Friday.
As recently as 2014, the high-profile executive – known in the West for his alleged proximity to the...
The Kremlin on Friday backed a proposal for a law restricting foreign ownership in Russia’s tech companies on the grounds of national security, sending down shares in Yandex, the country’s biggest internet firm, The Financial Times reports.
The law would limit foreign ownership in “significant information resources” to 20%,...
The oil arm of Russia’s state-run energy giant Gazprom, Gazprom Neft, could rapidly increase production by 5% to 66 million tons in 2020, if output restrictions under the OPEC+ deal were lifted, Kommersant reports.
All Russian oil companies admit that the agreement, which is set until next April, is hampering...
The Russian Direct Investment Fund (RDIF) plans to implement 25 new projects worth $10 billion with Saudi companies, RDIF CEO Kirill Dmitriev revealed at a briefing on Thursday, according to Reuters.
"We are working now on 25 new projects worth $10 billion. We have a focus on artificial intelligence; we...
The Russian government’s Analytical Center expects the country’s taxi market to grow by 5.6% to 709 billion rubles ($11 billion) in 2019, RBC reports.
The study also estimates the illegal taxi market in Russia grew by 6.3% compared to 2018, to about 100 billion rubles ($1.56 billion). In some...
Ukraine’s Prime Minister Oleksiy Honcharuk told journalists at a briefing that his country wants a long-term gas transit contract with Russia based on European standards, Unian reported on Wednesday.
“We aim to get a long-term contract, because the continuation of the contract for one year… does not suit us,” Honcharuk...
