Friday 14 December 2018
 
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Russia

Opec, allies reach deal to cut oil production by 1.2m bpd

The Organization of the Petroleum Exporting Countries (Opec) along with Russia and its allies, including a stubborn holdout Iran, has r0eached a last minute deal on a larger-than-expected production cut,  in a move that could mop up a bur

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Oil slumps to worst loss in 10 years as G20 kicks off

Oil closed out its worst month since the global financial crisis a decade ago, as all eyes turned to this weekend’s G-20 summit for signs that Saudi Arabia and Russia can head off a worldwide supply glut.  

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Russian leasing firm GTLK opens office in Dubai

State Transport Leasing Company (GTLK), the largest leasing company in Russia, has opened its new subsidiary for the Middle East region in Dubai, UAE. The company had in 2012 opened its first international office in Ireland follow

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Russian businesses show keen interest in Ajman zone

Ajman Media City Free Zone, a new investment destination in the Emirate of Ajman, has elicited a strong interest from Russian businesses, a senior official said. This follows a visit by a delegation of the zone to Russia. Ajman

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Aircraft fleet in Russia, CIS to double by 2037

Russia and CIS airlines will need some 1,220 new aircraft valued at $175 billion in the upcoming 20 years, according to Airbus’ Global Market Forecast, unveiled at the Wings of the Future conference in Moscow. This means tha

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Rosatom's engineering division sets up office in Cairo

Atomstroyexport, the engineering division of Rosatom, has officially opened an office in Cairo, Egypt.    Russia's ambassador to Egypt Sergey Kirpichenko; the representative of the office for the managem

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Rosatom's engineering division sets up office in Cairo

Atomstroyexport, the engineering division of Rosatom, has officially opened an office in Cairo, Egypt.    Russia's ambassador to Egypt Sergey Kirpichenko; the representative of the office for the managem

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Oman Air launches new service to Moscow

Oman Air has commenced its new daily direct service between Russia and Oman, with its first flight departing Muscat International Airport to Moscow Domodedovo Airport on October 30.   The inaugural flight, WY 181 departed Mus

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Bahrain welcomes over 200 Russian tourists

More than 200 Russian tourists arrived on the first chartered flight from Moscow to Bahrain. The flight, which is being operated by the world's leading travel and tourism company, Coral Travel, arrived on Friday, October 26.

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Emirates deploys its iconic A380 to St. Petersburg

Emirates marked aviation history on October 25 as the A380 landed in Russia’s northern capital, St. Petersburg. Welcomed at 20:50 local time at Pulkovo International Airport (LED), this is the first time the iconic double-de

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