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 Vladimir Putin: Russia's crisis is over

Crisis in Russia is over, Russian President Vladimir Putin said during his annual Q&A call-in session, adding that Russia has moved to a period of growth.  "Recession in the Russian economy is over, …

Giorgi Gakharia: foreign business trusts Georgia

Head of Georgia's Economy Ministry, Giorgi Gakharia, said that direct foreign investments in the country's economy are constantly increasing, which is unique for the region. He specified that the amount of …

Why will low inflation not save Russian economy?

The excessively rapid decline in inflation is not a healthy process, it will be rather a problem for Russia's economy, the head of Sberbank German Gref said during a broadcast on the Rossiya 24 TV channel. According …

Kvirikashvili meets with  Abdullah II

Jordan’s King Abdullah II discussed with Georgian Prime Minister Giorgi Kvirikashvili bilateral relations and means of developing them in various fields, especially in the economic domain.  The meeting discussed …

Best investment projects contest held in North Ossetia

Winners of the "Best Investment Project" contest were awarded in North Ossetia. The contest was initiated by the Ministry of Industry and Trade of the republic to find new projects and ideas in the field of industry and …

Armenia to build 100 wind power plants

Over 100 windmills will be built in Armenia, worth $350 million, Deputy Minister of Energy Infrastructure and Natural Resources Hayk Harutyunyan said. He said the government has already approved an investment program of an …

China to invest in Iranian refinery - media

The contract worth 3.6 billion dollars for investment in Masjed Soleyman Petrochemical Industries Co. (MIS) was signed between Iran and China. The Memoranda of Understanding was inked between Iran and China at presence of Minister of …

Investors warm to Russia as bond fund inflows hit record

Investors have warmed to Russian assets, welcoming the country in from the cold. Russian bond funds counted record inflows in the week to February 1 as higher crude prices and improving relations with the US prompted an investor rotation …

Turkey to welcome Russian investment in tourism

Turkey is ready to allow Russian investors to invest in the development of the tourism sector, Turkish Ambassador to Russia, Lazip Hüseyin Dirioz said. Speaking at the first summit of the Russian …