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Saudi Arabia announced that it will invest $1 billion in Pakistan to help the country with its current economic difficulties. The Saudi Foreign Ministry said in a statement that King Salman bin Abdulaziz has issued investment orders to …
German Chancellor Olaf Scholz has finalized a planned shipment of additional weaponry and ammunition worth more than 500 million euros ($499 million) to Ukraine, according to government officials familiar with the plans. The German …
Sberbank and the Kazakh national management holding, Baiterek, have signed a deal to buy and sell shares of Sberbank Kazakhstan, and the parties plan to close the deal in the near future, the Russian credit institution said in a statement. …
Saudi company Kingdom Holding, which was founded by Prince Alwaleed bin Talal, invested more than $500 mln in Rosneft, Lukoil and Gazprom during the first quarter of this year, the Saudi firm said on Sunday. From February 22 to March 22 …
Russia and Iran are working on the creation of a joint interbank payment system, similar to SWIFT, Iran’s Deputy Foreign Minister for Economic Diplomacy Affairs Mehdi Safari said. "Naturally, two countries that want to …
Reintegration of Azerbaijan's lands liberated from Armenian occupation into the country’s economy will be ensured, according to ‘Strategy for socio-economic development of Republic of Azerbaijan for 2022-2026’ approved …
European Union member states are set to agree on 500 million euros more in military aid to Ukraine when the bloc’s foreign ministers meet Monday, July 18, according to people familiar with the matter. That would bring the total …
A meeting was held in Moscow between Export and Investment Promotion Agency of the Republic of Azerbaijan (AZPROMO) Advisor Zohrab Gadirov, Trade Representative of Azerbaijan in Russia Ruslan Aliyev and Co-owner of Russian TechnoNICOL company …
Russian President Vladimir Putin signed a decree that seizes full control of the Sakhalin-2 gas and oil project in Russia's far east, a move that could force out Shell and Japanese investors. The decree, signed on Thursday, creates …
“Stagflation” is an ugly word for an ugly situation – the unpleasant combination of economic stagnation and inflation
Trade turnover between Georgia and Russia in January-May 2022 increased by 28% compared to last year and amounted to $764.2 mln, while exports from Georgia to Russia fell by 0.4%, the Georgian National Statistics Service Sakstat informs. …
Saudi Arabia has decided to invest $3.4 bln to develop its own pharmaceutical industry, the Minister of Industry and Mineral Resources of the Kingdom of, Bandar Al-Khorayef said, the Saudi Press Agency reports. According to …
Sberbank is holding talks with Kazakh Baiterek on the sale of its subsidiary bank in Kazakhstan, Chairperson of the Agency for Regulation and Development of the Financial Market told reporters on Thursday. "Sberbank made the …
Thanks to well-coordinated joint work with Turkish colleagues, Russian tourists can now pay with the MIR cards in almost all hotels in Turkey, the head of Rostourism, Zarina Doguzova said on the sidelines of the St. Petersburg …
A 100 billion-euro ($107 billion) fund to strengthen the German military cleared its final legislative hurdle on Friday, winning approval from parliament's upper house. The decision clears the way for the government to move ahead …
The government-funded Savvy Gaming Group announced a $1 billion investment in the Embracer Group, the gaming corporation that most recently acquired the rights for Tomb Raider and the main studio behind that series. The …
The Russian government has approved allocating subsidies in order to support advertising Russian brands, primarily on television, and it plans to distribute 500 million rubles for this purpose in a pilot mode in 2022, Industry and Trade Minister …
Russia’s foreign debt contracted by $2.6 bln year-to-date, the Accounts Chamber said in its flash report on the budget performance in the first quarter of this year. "The foreign debt of the Russian Federation stood at …
As ordered by President Kassym-Jomart Tokayev an Interdepartmental Commission led by the Prosecutor General to conduct comprehensive work to return funds illegally taken abroad by Kazakhstani nationals, the Telegram channel Bort No.1 says. …
Today, Turkmen President Serdar Berdimuhamedov at a joint meeting of the government and the country's Security Council decided to allocate $300 million to ensure the country's food security, Turkmen television reports. …
