Kirill Dmitriev

RDIF to invest $87 mln in modernizing Baikonur spaceport

The Russian Direct Investment Fund (RDIF) will invest $87 million in modernizing infrastructure at the Baikonur spaceport together with Middle Eastern investors, GK Launch Services and with the support of Russia's Roscosmos space …

Russia earned $100 billion after OPEC+ deal

Russia has earned at least 6 trillion rubles after signing an agreement with OPEC+ countries due to oil price cuts, Russian Energy Minister Alexander Novak said. The deal increased the cost of crude oil by $10 per …

Moody's upgrades outlook on Russia's sovereign rating

Moody's rating agency has changed the outlook on Russia's Ba1 long-term issuer and senior unsecured debt ratings to positive from stable. Moody's also affirmed Russia's long-term ratings at ‘Ba1’, the agency said in a …

48t World Economic Forum opens in Davos

The 48th World Economic Forum kicks off in Davos today. It will be held amid the most impressive global economic growth over the past ten years and a positive outlook. The forum this year will be visited by a record number of political …