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RDIF, ME funds to buy into Russian HelicoptersThe Russian Direct Investment Fund (RDIF) said its consortium comprising leading Middle Eastern funds has finalised a deal to acquire a minority stake in $2.35 billion Russian Helicopters (part of the Rostec State Corporation). Ac More… |
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Russian engine firm, Iranian oil company eye $890m contractA subsidiary of Russian state defence company Rostec, United Engine-building Corporation (UEC), is preparing a 50-70 billion rouble ($635-890 million) supply contract with Iranian oil firm Kala Naft Tehran, Russia's TASS news agency report More… |
