Tuesday 31 May 2016
 
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Russia

Russia eyes Mideast foreign investment drive

Russia, which has attracted $23 billion from the Gulf over the past several years, is once again focussing on the region, even as low oil prices prompt Middle East nations to launch diversification programmes by investing abroad.

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Russia repays $1.7bn Soviet-era debt to Kuwait

Russia has repaid Soviet-era debt to Kuwait of $1.72 billion, the Russian finance ministry said on Friday. The principal debt stood at $1.1 billion, while interests amounted to $620 million, it said. The Soviet Union raised the de

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Russia urges joint US air strikes on Syria rebels

Russia has proposed to the U.S.-led coalition that they stage joint air strikes on Syrian rebels, including militant Islamist group Nusra Front, who are not observing a ceasefire, but the US responded coolly on Friday. Such action

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Russia to lend Egypt $25bn to build nuke power plant

Russia will loan Egypt $25 billion to finance building and operating a nuclear power plant in Egypt, the official gazette said on Thursday. Egypt and Russia signed an agreement on November 19 for Russia to build Egypt's first

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Russia to lend Egypt $25bn to build nuke power plant

Russia will loan Egypt $25 billion to finance building and operating a nuclear power plant in Egypt, the official gazette said on Thursday. Egypt and Russia signed an agreement on November 19 for Russia to build Egypt's first

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Say goodbye to Opec, Russia’s Sechin says

Internal differences are killing Opec and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin told Reuters in some of his harshest remarks ever about the oil group.  

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March to glory

Russian servicewomen take part in the rehearsal for a military parade in Moscow, Russia, on May 07. The Victory Day parade will be held on Monday to mark the 71st anniversary since the capitulation of Nazi Germany.-epa

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Bahrain-Russia trade reaches $1m in January

Bilateral trade between Bahrain and Russia reached $1 million in January alone, reported the Gulf Daily News, our sister publication. To read further, please visit GDNonlin

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Iran in talks with Russia on heavy water sales

Iran is conducting talks with Russia about sales of heavy water, Russia's RIA news agency quoted an Iranian foreign ministry official as saying on Monday. Heavy water is a component of making nuclear weapons and nuclear energy

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Obama pushes for trade deal with EU

US President Barack Obama said on Sunday he would do whatever he could to advance a controversial trade deal with the European Union in his last eight months in office, but warned that time was running short. Obama has pushed to c

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