A London Based Digital Publication Covering Diplomatic & Business Activities Globally

Saturday, December 2, 2023

UAE-Russia Trade Tops US$1.5 bln mark

UAE-Russia Trade Tops US$1.5 bln mark
UAE-Russia Trade Tops US$1.5 bln mark

In 2012 trade turnover between UAE and Russia reached US$1.5 billion. In the first six months of 2013 trade increased by 7.5 per cent and topped almost US$900 million. Last year the UAE invested US$82 million in the Russian economy, while Russia invested US$57 million. All in all, UAE has invested around US$2.2 billion in Russia.
After the recent visit by H.H. General Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi to Moscow and his meeting with Russian President Vladimir Putin, the total amount of investment is set to grow more than twofold. Abu Dhabi will invest up to US$5 billion in Russian infrastructure projects under an investment partnership signed in Russia’s capital this fall.

Latest Posts

Latest Posts

Stay in touch

To be updated with all the latest news, offers and special announcements.


President of Turkey Tayyip Erdogan arrives in UAE for COP28 Summit

Turkish President Recep Tayyip Erdogan has arrived in the...

Sheikh Mohammad Bin Rashid greets world leaders at COP 28

Sheikh Mohammed bin Rashid meets global leaders at COP28....

Qatar’s Emir in UAE for COP28 participation.

Sheikh Tamim bin Hamad Al Thani, the Emir of...

Sheikh Hamdan Welcomes King of Bahrain at COP28

King Hamad bin Isa Al Khalifa of Bahrain arrives...

Crown Prince Sheikh Hamdan welcomes King of Jordan

King Abdullah II of Jordan arrives in Dubai for...

UAE leaders welcome King Charles in Dubai

His Highness President Sheikh Mohamed Bin Zayed Al Nahyan...


Sheikh Mansour bin Zayed Al Nahyan, Vice President and...

Gulf Air Renews MRO Collaboration with Joramco

Bahrain's national carrier, Gulf Air, has extended its maintenance,...

‘Shura Council Chairman Hails Bahrain-France Diplomatic Ties

Chairman of the Council of Shura: The fruitful partnerships...