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    Russian banking sector profits recover in June: Central Bank

    18 Jul 2020

    Profits in Russia’s banking sector rose to 70 billion roubles ($975 million) in June from just 500 million roubles in May, which included some weeks of lockdown due to the coronavirus pandemic, the central bank said in a report on Friday.

    Russian Central Bank plans to resume foreign currency buying

    25 Jul 2020

    The Russian Central Bank plans to resume its purchases of foreign currency for state reserves that are pegged to oil prices in 2022, after pausing them this year amid the rouble crash, Governor Elvira Nabiullina said.

    Dubai Chamber explores prospects for expanding UAE-Russia food trade

    02 Jul 2020

    UAE-Russia food trade has increased steadily in recent years due to cooperation on food security and Moscow’s efforts to diversify exports, however, a recent Dubai Chamber of Commerce and Industry webinar

    Oil, stocks recover on stimulus hopes, Russia signals Opec talks

    10 Mar 2020

    Oil prices jumped by around 8% on Tuesday a day after the biggest rout in nearly 30 years as investors eyed the possibility of economic stimulus and Russia signalled that talks with Opec remained possible.

    Saudi Aramco to raise output capacity to 13m barrels per day

    11 Mar 2020

    Saudi Arabia’s energy ministry has directed oil producer Saudi Aramco to raise its output capacity to 13 million from 12 million barrels per day (bpd), CEO Amin Nasser said

    Russia to launch $4 billion fund

    16 Mar 2020

    Russia will create a 300-billion rouble ($4 billion) anti-crisis fund to try to shield its economy from the coronavirus shock, Prime Minister Mikhail Mishustin said on Monday.

    Opec backs biggest oil cut since 2008 crisis, awaits Russia’s nod

    05 Mar 2020

    Opec agreed on Thursday to cut oil output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices that have been hit by the coronavirus outbreak, but made its action conditional on Russia and others joining in.

    Moscow slows down its strict lockdown restrictions amid virus concerns

    10 Jun 2020

    Moscow emerged from a strict lockdown Tuesday with the city government citing a slowdown in the coronavirus outbreak and critics expressing concerns over the potential for a new wave of infections in the Russian capital.

    Brave Ukrainian mother-of-three vows to take up gun if Russia invades

    30 Jan 2022

    "I have a completely fine attitude towards Russians as a people — just like towards the French, the Germans or the Chinese," Zhaglo says. But if the invasion does come, she is ready to take up her gun. "I'm not looking to kill people, I'm just going to defend my home," she says.

    VIDEO: Russian fashion models slice their Chanel luxury bags in two over Russophobia and sanctions

    09 Apr 2022

    Model Victoria Bonya, who has 9.3 million followers on Instagram, reportedly started the trend “Bye Bye Chanel.”

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