Bahrain and Russia have agreed to step up military co-operation to promote stability in the region.
The move was backed by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa who said that there are even wider h
The head of Russian gas producer Gazprom said the firm had taken a decision to start building the Turkish Stream pipeline and that preparations to build the undersea stretch of the pipeline were under way.
Dubai-based flydubai has further strengthened its commitment to the Russian market adding Novosibirsk and Nizhniy Novgorod to its destination network in the region.
Ghaith Al Ghaith, chief executive officer of flydubai, said: “The
Quiet diplomacy among the world's biggest oil producers has heated up this week, yet observers see few signs that renewed discussion among Russia, Saudi Arabia, Venezuela and others will lead to action on output.
Russia's energy ministry has been holding active consultations with the Organization of Petroleum Exporting Countries (Opec) and Latin American oil producers which Deputy Prime Minister Arkady Dvorkovich described as "unprecedented&qu
Saudi Arabian oil minister Ali Al Naimi discussed oil markets with Russia's ambassador to Riyadh Oleg Ozerov, Saudi state news agency SPA reported.
In the meeting, which was attended by Al Naimi's advis
Low-cost carriers flying to Russia are vital to the recovery of the country's tourism business and can expect to see a 13 per cent annual increase in the number of Russian passengers over the next four years, a recent study showed.
Russia is pursuing costly state oil and platinum projects in Africa despite an economic crisis at home, hoping they will bolster sales, including of arms, for businesses hit by Western sanctions over the conflict in Ukraine.
Major powers and Iran stretched marathon talks on Tehran's nuclear programme into a second day past their deadline, with diplomats saying prospects for a preliminary agreement were finely balanced between success and collapse in the coming h
A Boeing 737 plane carrying 78 passengers plus crew landed safely at the main airport in Russia's second city of St Petersburg on Wednesday after one of its engines failed.
"The plane made a safe landing ... no passengers