Yango, the ride-hailing app owned and operated by Russian tech group Yandex, has announced plans to establish a global operations office in the UAE. The facility will open later this year and will be based in Dubai Internet City, developed by Dubai business park operator TECOM Group, according to a statement released by Yango.
Trade between Russia and India has skyrocketed this year, with the turnover of goods in January-August already surpassing the total for the previous year. According to data from the Indian Ministry of Commerce and Industry, total trade between the two countries in the first eight months of the year reached US$43.8 billion, an all-time high.[…..]
Dedollarisation ‘almost complete’ as countries move away from US dollar The share of Russian Ruble and Chinese Yuan settlements in Russia’s total foreign trade has surged to almost 70% as Moscow rapidly shifts away from Western currencies, Economic Development Minister Maksim Reshetnikov said on Friday, (October 20) with the de-dollarization of Russian trade with China[…..]
By Emil Avdaliani Russia and Malaysia, two diverse and dynamically growing nations, have traditionally maintained a robust trading relationship. As the shifts in global economy and connectivity take place, these two nations have continued to foster closer economic ties. This has been particularly evident during 2022 and 2023 when numerous negotiations, agreements, and joint ventures,[…..]
2023 Bilateral trade likely to be about US$235 billion as bilateral investments reach tens of billions The Russian President Vladimir Putin has been meeting with the Chinese Premier, Xi Jinping in Beijing. We outline some of the essential issues and developments that took part during these extensive bilateral talks and look at some of the[…..]
Plenty to talk about as global geopolitical changes begin to create international shifts of opinion By Chris Devonshire-Ellis The Russian President Vladimir Putin has arrived in China following a two-day visit to neighbouring Kyrgyzstan.
By Farzad Ramezani Bonesh Diplomatic relations between the Soviet Union and Pakistan were established on May 1, 1948, and trade relations were established in the early 1950s. The commercial relations of the two countries have experienced different periods in the past.
By Michael Barantschik Trade and investment connections between Russia and Iraq have a long and intricate history. During the Middle Ages, merchants and explorers from both regions interacted, traversing through the Volga trade route and the Caspian Sea, establishing early trade networks between what would much later become Russia and Iraq. Formal diplomatic relations were[…..]
By Chris Devonshire-Ellis Much discussion has been taking place in media concerning the changes within the global order from the non-G7 countries term ‘a unipolar world’ – meaning one that is directed by the United States and its allies – and a move to a ‘multipolar world’ – one in which all nations get to[…..]
Trade and investment is booming as Russia looks at Kyrgyzstan manufacturing reexports to Asia By Emil Avdaliani Update: October 12, 2023 The Russian President Vladimir Putin is visiting Kyrgyzstan today (October 12) and tomorrow to hold discussions on Russia-Kyrgyz trade and security issues. The current visit is the first foreign visit to Kyrgyzstan by Putin[…..]