Uzbekistan – first in number of labor migrants in Russia

Most labor migrants who entered Russia since the beginning of 2018 came from Uzbekistan, Uzbek media reported. From January to September 2018, more than 3.4 million citizens of Uzbekistan entered Russia, including 1,573,791 people for working purposes. Uzbekistan is followed by Tajikistan, from where 1,745,554 people came to Russia, including 790,116 people for working purposes.

Ukraine ranks third (347,272 people entered Russia for employment), and Kyrgyzstan ranks fourth (247,658 people). (Read more….)

Saudi Aramco breaks ground on new R&D unit in Moscow

Saudi Aramco, a global petroleum and natural gas company, has broken ground on a new upstream
research and development (R&D) centre in Lomonosov Moscow State University in Russia.
The centre is Saudi Aramco’s ninth R&D facility outside the kingdom and will focus on upstream technologies in simulation and modeling, advanced materials, data analytics and artificial intelligence.
It promotes collaborative research activities primarily with MSU and other entities in Russia.
The groundbreaking at MSU Science Park follows the announcement of a MoU signed in August by the two partners.At the event, a research agreement between Saudi Aramco and MSU was sealed to enable collaborative research projects between the two entities. (Read more….)

Zaha Hadid Architects picked to design new Moscow district

Zaha Hadid Architects (ZHA), working with Russian-based TPO Pride Architects, is among a group of firms selected to design an entire new ‘smart city’ to the west of Moscow  The AJ100 big hitter will work on the development of 4 million m² of new buildings covering 460ha for the new Rublyovo-Arkhangelskoye district near the Russian capital.

Also working on the project will be Japanese practice Nikken Sekkei, Russian architects UNK Project and ABD Architects and Italian outfit Archea Associati. (Read more….)

Russia’s Aeroflot to begin Moscow, Dubai World Central flights

Russian airline Aeroflot has announced plans for regular flights between Moscow Sheremetyevo and Dubai World Central over the coming winter. The airline said it would operate the route from October 28 to March 30. SU522 will leave Moscow at 10:10pm and arrive in Dubai at 3:30am, with return journey SU523 leaving Dubai at 5:00am and arriving in Moscow at 10:40am.

“This winter we are pleased to offer travellers new international destinations as well as additional flights on select popular routes, thus expanding travel options with Aeroflot for both business and leisure travellers,” said Aeroflot CEO Vitaly Saveliev. (Read more….)

Egyptian president urges Russia to resume flights to resorts

Egypt’s president urged Russia on Tuesday to resume direct flights to Egyptian resorts as he discussed ways to bolster ties with Russian officials and lawmakers. Moscow suspended the flights after a bomb planted by the Islamic State group brought a Russian passenger plane down over Sinai in October 2015, killing all 224 people on board.

Flights between Moscow and Cairo resumed in April after Egyptian officials beefed up airport security, but talks about restoring direct air travel to Egypt’s Red Sea resorts have dragged on. Addressing the Russian parliament’s upper house, Egyptian President Abdel-Fattah el-Sissi emphasised that restoring the flights was essential for Egypt’s tourism industry. (Read more….)

CryptoEvent RIW: Russian Internet Week Blockchain Conference Nov 21-23

Crypto event RIW is a massive international conference and exhibition event that will take place within the Russian internet week. The event will focus on blockchain, cryptocurrency, and the development of Fintech. It is one of the most significant events, the ninth event for 2018 from the CryptoEvent team. It is for those who build their careers and businesses in the digital economy. The venue of the event will be the VDNH with an annual attendance of more than twenty five million people. The number of participants is up to fifteen thousand.

In the history of Russian Internet Week, participants will attend an independent event dedicated to blockchain issues in Russia. There will be more than 90 speakers from Russia, managers of crypto companies in Russia, owners of blockchain platforms, and other key figures in the crypto space. (Read more….)

Global energy bosses send Trump a message: world needs Russian gas

MOSCOW (Reuters) – Global energy bosses assembled in Moscow on Wednesday said the world needed Russian gas to keep the lights on, in a clear message to U.S. President Donald Trump who has warned he may impose sanctions on Russian gas export projects.

Trump’s administration, citing what it calls Russia’s failure to act as a good global citizen, has said it may take steps to block the Nord Stream 2 gas pipeline, which will increase the volumes Russia can export to northern Europe.

The U.S. position has prompted a backlash from the Kremlin, and from business groups in Germany, and on Wednesday leading figures in the global energy industry attending a forum in the Russian capital joined the chorus. (Read more….)

Mandarin Oriental to manage new property in Moscow

Mandarin Oriental Hotel Group has signed a management contract for a new hotel and branded residences in Moscow, which are expected to open in 2021.

Mandarin Oriental, Moscow will have a prime riverfront location on the Sofiyskaya embankment in the heart of the city, directly facing the Kremlin. The hotel will be well located for business and leisure travellers with access to many of the city’s tourist attractions, historic sites and business districts. The boutique property will feature 65 guest-rooms and suites, two restaurants, a lounge bar, and spa and wellness facilities including a 25-metre indoor swimming pool. (Read more….)

Is money-laundering scandal at Danske Bank the largest in history?

The Russian-speaking caller refused to give a name but the threat was explicit: “Do you really feel you can walk home safely at night?”

It was 2013 and officers at the Estonian branch of Danske Bank were beginning to realise they had taken on some very unpleasant customers. After a tipoff, a member of staff had travelled to Moscow and started asking questions. The team was trying to trace the identity of people hiding behind anonymous corporate vehicles, which had opened accounts and were now using them to transfer huge sums of money. That was when its staff began to receive anonymous threats. “This bank will sink,” one caller warned.

Today, Danske is still very much in business, but its chief executive, Thomas Borgen, has resigned. He fell on his sword after a report produced by lawyers for his board, published on Wednesday, revealed the full extent of problems at the Estonian branch. It had thousands of suspicious customers, responsible for €200bn (£180bn) of transactions over a nine-year period. The realisation is dawning that what has been uncovered is probably the largest ever money-laundering scandal in history. (Read more….)

Passenger Traffic Through Moscow Airports Up 6.3% In July, 12.4% At Sheremetyevo

The combined passenger traffic through Moscow’s airports rose 6.3% on the year to 10,385,000 people in July, the Federal Air Transport Agency said in a statement on Tuesday. Vnukovo provided services to 2,432,000 million people, a 16.1% rise; Domodedovo served 3,277,000, a 6.7% decline; and Sheremetyevo accommodated 4,676,000, a 12.4% increase.

In the period from January to July 2018, the combined traffic grew 8.7% on the year to 53,749,000 people. Domestic passenger traffic increased 8.7% to 28,334,000, and international traffic grew 8.7% to 25,415,000. During the same period, Vnukovo provided services to 11,851,000 people, a 19% rise; Domodedovo to 16,929,000, a 2.6% drop; and Sheremetyevo to 24,968,000, a 12.9% rise. (Read more…)