Economy

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North-South Transport Corridor provides benefits for Bangladesh

The International North-South Transport Corridor (INSTC) is a 7,200-km-long multi-mode transport project for moving freight among India, Iran, Afghanistan, Armenia, Russia, Belarus, Bulgaria, Kazakhstan, Kyrgyz Republic, Oman, Syrian Arab Republic, Tajikistan, Turkey, Ukraine

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Russia's Rosneft to start gas exports to Europe?

Russia's largest oil producer Rosneft asked President Vladimir Putin to allow it to export 10 billion cubic metres of gas per year via an agent agreement with pipeline gas exporting monopoly Gazprom, Kommersant daily said on Friday. …

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Russian Health Ministry registers EpiVacCorona-N vaccine

The Russian Health Ministry has registered the EpiVacCorona-N coronavirus vaccine, as seen from the state register of medicinal products. EpiVacCorona-N was developed by the Vector Center of Russian public health and consumer protection …

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CNPC plans new shale oil field near China's Daqing

China National Petroleum Co (CNPC) said on Wednesday it plans for new shale oil production from formations within the area of the existing Daqing oilfield that will help replenish that site's diminishing output. CNPC said it aims to …

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Russia’s public debt exceeds 20 trillion

Russia’s public debt increased by 1.48 trillion rubles for the first half of 2021 and amounted to 20.4 trillion rubles, the Accounts Chamber said in its report on execution of the federal budget for January-June 2021.  …

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Moscow’s Karabakh puzzle 

The anniversary of the 44-day Second Karabakh War that became victorious for  Azerbaijan, is approaching: three-quarters of the region returned to Baku, and a Russian peacekeeping contingent was deployed on the rest of the territory, where ethnic Armenians compactly live

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Russia's answer to US shale

Russia regards its Arctic oil and gas development in the same way that the U.S. saw its shale oil and gas sector around 20 years ago, which is a truly game-changing opportunity to alter the balance of power in the world’s hydrocarbons markets

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Israel and Azerbaijan step towards globalization

Last month, I became the first Israeli businessman to sign a memorandum of understanding with the Azerbaijan Investment Company, the sovereign investment arm of the Azeri government, on the historic occasion of the opening of the Azerbaijan Trade and Tourism Office in Tel Aviv

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China and Arab States boost e-commerce

Though the energy sector has been underpinning China-Arab trade ties, cross-border e-commerce has increasingly been turned to as a vital thoroughfare linking Arab states and their largest trading partner

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Oil extends gains on brighter demand outlook

Oil prices rose on Tuesday, extending sharp gains on a bullish demand outlook as Mexico suffered a big production outage and U.S. regulators issued their first full approval for a COVID-19 vaccine. Brent crude oil futures were up $1.09, …

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Oil extends gains on brighter demand outlook

Oil prices rose on Tuesday, extending sharp gains on a bullish demand outlook as Mexico suffered a big production outage and U.S. regulators issued their first full approval for a COVID-19 vaccine. Brent crude oil futures were up 83 …

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