Europe is increasing reliance on US LNG, projected to supply two-thirds of imports in 2026, potentially becoming the EU’s main and costliest gas source amid shifting global supply, according to Institute for Energy Economics and Financial Analysis (IEEFA).
Building on the strong relations between Saudi Arabia and Russia, the mutual visa exemption agreement between the two countries entered into force on May 11, reflecting their shared commitment to advancing tourism and cultural exchange.
Ukraine has agreed to co-operate on defence with the UAE and Qatar as President Volodymyr Zelenskiy travelled to both countries amid escalating tensions in the region. Zelenskiy is looking at signing 10-year partnership agreements with both the Gulf countries.
Russian Foreign Minister Sergei Lavrov on Friday discussed the possibility of a diplomatic settlement in the Iran war with his Iranian counterpart Abbas Araqchi, taking into account the legitimate interests of all countries in the region, reported Reuters citing senior Russian officials.
MosBuild 2026 is emerging as a strategic gateway to Russia’s $260 billion construction market, as suppliers and contractors increasingly look to regional partners to meet demand across building materials, interiors, and infrastructure.
Saudi Arabia-backed Midad Energy has signed a term sheet to acquire Russia’s sanctioned Lukoil assets in a high-stakes contest against rivals including private equity giant Carlyle Group, with the deal contingent on US regulatory approval, a Reuters report said citing three people familiar with the matter.
Oman Air hosted an official signing ceremony with Fun & Sun, a leading tour operator, to formalise their new strategic partnership aimed at expanding direct access between Moscow and Salalah.
Russia's Azimuth Airlines will land in Saudi Arabia for the first time on December 6, following the General Authority of Civil Aviation's granting of an economic license to the airline.
Moscow welcomed 239,100 visitors from the region during the first nine months of 2025 (January to September), according to data released by the Russian capital.
Saudi Arabia and Russia signed a mutual visa exemption allowing citizens with any passport type to enter visa-free for tourism, business, or family visits. Stays of up to 90 consecutive or non-consecutive days per year are permitted for travellers from both countries.
