Russia sees the UAE market as a promising hub for conducting trade with Middle Eastern and African countries. Russian businesses view the UAE market as a prospective center for exporting to third countries, establishing local presence, driving collaboration, and engaging in trade with nations in the Middle East and Africa. During a sectoral business mission...
Monday, September 25, 2017
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Russian companies embark on massive expansion to ‘friendly’ countries
Tax discounts and opportunities to boost exports have reportedly been behind the move to open new branches © Getty Images/da-kuk Russian businesses have opened nearly 12,000 branches in Serbia, the United Arab Emirates, Armenia, and Kyrgyzstan since 2022, the news outlet Izvestia reported on Monday, citing industry data. Serbia topped the list with 9,000 new...