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Armenia, Kazakhstan and Kyrgyzstan scaled up their trade with Russia by $1.75 bln over seven months of this year, the Eurasian Economic Commission (EEC) says in its Telegram channel. "These countries increased trade with Russia by …
In August 2022, exports from Turkey to Russia increased by 2,1 times (from $451 million to $949 million) compared to August 2021, Turkish Statistical Institute reported. According to experts, this is a record growth amid …
The largest Turkish bank, Ziraat Bank, representative told RIA Novosti that the bank had not received notifications about the termination of the use of the Russian payment system "Mir". "We did not receive such …
The largest Turkish Ziraat Bank continues servicing the Russian Mir card, the bank said. "Yes, you can use this card", the bank said, noting that as of Monday morning there were no complaints from the Russian …
The United States will allocate $2 million for demining operations in areas affected by the Second Karabakh war, the U.S. Department of State said in a press release. "Landmines and unexploded ordnance across the conflict zone …
Incoming UK Prime Minister Liz Truss is finalizing plans for a £40 billion ($46 billion) support package to lower energy bills for businesses. Truss is considering two options, either setting a guaranteed unit price that …
Georgian customers will be able to make cashless Euro payments via credit transfer and direct debit anywhere in the European Union as well as a number of non-EU countries, with the country preparing to join the Single Euro Payments Area, …
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 …
