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Putin: Egypt is one of Russia’s most important partners in Africa and the Arab world
Egypt

Putin: Egypt is one of Russia’s most important partners in Africa and the Arab world

Russian President Vladimir Putin sent a message of appreciation to Egypt when he received the credentials of new foreign ambassadors…
U.S. curbs on Russian banks would be act of economic war: PM
World

U.S. curbs on Russian banks would be act of economic war: PM

MOSCOW (Reuters) – Russia would consider any U.S. move to curb the operations of Russian banks or their foreign currency…
Russia outlook negative on weak ruble, inflation: Fitch
Business

Russia outlook negative on weak ruble, inflation: Fitch

As the weak ruble and high inflation hurt Russia's economy, Fitch Rating's outlook for the country remained negative, in its…
Experts torn on Egypt’s drop to USD in trade exchanges with Russia
Business

Experts torn on Egypt’s drop to USD in trade exchanges with Russia

The two-day visit of the Russian president Vladimir Putin to Egypt resulted in many pivotal outcomes, including dropping the use…
No trace of Russian ruble on Egyptian market
Business

No trace of Russian ruble on Egyptian market

Despite Egypt and Russia's announcement that the two countries would depend on the Russian ruble in transactions between both countries, the…
Egyptian businessmen: Falling ruble impacts tourism, imports
Business

Egyptian businessmen: Falling ruble impacts tourism, imports

Egypt’s businessmen union held a meeting Monday which discussed the consequences of the falling exchange rates of Russian, Ukrainian and…
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