Britain-based mining major Eurasia got one step closer to completing its Monchetundra mine last week when it received mining permit approval from the Federal Securities Board and Ministry of Defense, Investegate reported.
The project, located on the Kola Peninsula of Northwest Russia, has a combined resource and reserve total of 2...
Russian mobile and internet companies are now obliged to retain the text messages, phone conversations and chat activity of all customers for six months and metadata for three years, under a controversial anti-terror law that came into force on Monday, Newsweek reports.
The controversial legislation, dubbed by the media the ‘Yarovaya...
More than $63.5 billion in additional revenues has poured into Russia’s budget thanks to the OPEC+ deal, says Kirill Dmitriev, chief executive of the Russian Direct Investment Fund (RDIF), said in an interview with Russian television channel NTV.
The production cut deal between the Organization of Petroleum Producing Countries (OPEC) and...
A group of U.S. congressional Republicans who are considered to be sympathetic or allied with U.S. President Donald Trump has arrived in Moscow on what they say is a mission to try to revive relations and observe how Russia's economy is doing after four years of Western sanctions.
According to...
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin met last month at an informal summit in Sochi, where the two leaders upgraded their traditionally close relationship to a “special privileged strategic partnership.”
Despite this announcement, developments in West Asia, Afghanistan, and bilateral defense ties between India and Russia have...
FIFA Fan Fest, the world’s soccer governing body’s landmark festival held at every World Cup, has already received a record-breaking five million visitors, FIFA and the local organizers said in Moscow.
The result greatly surpasses the 2014 edition of the FIFA Fan Fest, which reached just over 2.9 million visitors ahead...
The blockchain arm of Qiwi, one of the largest e-payment providers in Russia, is launching a crypto investment bank, called HASH, to advise investors and help domestic companies tokenize their assets once appropriate regulations are in place, Coin Telegraph reports.
The new enterprise is being launched by senior staff at...
Construction of Egypt’s first nuclear power plant will begin in the next two to two-and-a-half years, the country’s officials said Sunday, according to Reuters.
The 4,800 megawatt (MW) capacity plant at Daba’a in the north of the country, to be built by Russia’s state nuclear corporation Rosatom, aims to be...
Russian oil companies want to invest in the modernization and digitization of their business, but the much-needed upgrade is likely to be hampered by limited access to modern Western technologies, Newsbase reports.
Industry experts warn that without the Western tech, progress towards full digitization of the oil industry is likely to...
Declines in the motor sector and some commercial lines, combined with profitability challenges, have narrowed the field of non-life insurers in Russia, says Valeria Ermakova, senior financial analyst at A.M. Best.
According to Ermakova, Russia’s economy is showing signs of a recovery, and the increase in gross domestic product is...
