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.
The European Union (EU) has moved to end all imports of Russian natural gas by the end of 2027, following a majority vote by member states during a meeting of European energy ministers in Luxembourg.
