Friday 19 September 2014
 
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Russia

Ajman focuses on Russian tourists

Ajman Tourism Development Department (ATDD) has launched a marketing campaign at the International Russian Travel Market on the emirate’s cultural and heritage potentials. The International Russian Travel Market, known as OTDYKH,

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Russia, Egypt seal arms deal worth $3.5bn

Russia and Egypt have reached a preliminary deal for Cairo to buy arms worth $3.5 billion from Moscow, Interfax news agency quoted the head of a Russian state arms agency as saying on Wednesday. Speaking during an arms trade exhib

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Russia's energy minister to meet Opec as oil price falls more

Russian Energy Minister Alexander Novak will meet the Organization of the Petroleum Exporting Countries (Opec) officials in Vienna, his spokeswoman said, as oil's price fall piled pressure on Moscow's budget.  

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Yas Island to tap into Russian tourist market

Yas Island, the UAE’s fastest emerging holiday destination, will tap into the Russian tourist market at a major upcoming fair in Moscow for travel and tourism. The 20th International Trade Fair for Travel and Tourism, known as OTD

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US, EU hit Russia with more Ukraine sanctions

The United States and European Union imposed new sanctions against Russia on Friday, tightening financial measures against Moscow over its intervention in Ukraine despite a week-old ceasefire which has brought calm to the embattled east.

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Flight ban would hurt Russia most: Branson

Russia would be the biggest loser if it carried out a threat to ban Western airlines from flying over its territory, Richard Branson, the founder of British airline Virgin Atlantic, said on Friday. "It would cost us quite a l

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FIFA completes probe into Qatar World Cup bid

FIFA ethics committee investigator Michael Garcia has completed his probe into the controversial bidding process for the 2018 and 2022 World Cups, awarded to Russia and Qatar respectively, and handed in a 350-page report. The repo

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US prepares new round of sanctions on Russia

The United States is preparing a new round of economic sanctions against Russia for its incursion into Ukraine, a senior White House official said on Thursday on the fringes of a Nato summit in Wales. Deputy White House national s

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Lukoil Q2 profits surge 13pc to $2.4bn

Russia's number two oil company Lukoil yesterday (August 29) said its net profit rose by 13 per cent in the second quarter to reach $2.4 billion as production increased. "The company continued to introduce and test new te

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Tatneft wins $112m compensation from Ukraine

Russian oil producer Tatneft has been awarded $112 million in compensation from Ukraine over a refinery ownership dispute by an international arbitration court, piling pressure on cash-strapped Kiev, the company said. The mid-sized prod

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