INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Russia to cancel tourist visas to four Gulf countries

Minister of Economic Development Maxim Reshetnikov.
  • He said the countries of the Middle East and Southeast Asia are among those "with which we interact"
  • The minister added, "this is where incremental growth of premium class tourists is possible in particular"

Vladivostok, Russia–Russia has offered the complete cancellation of tourist visas to Kuwait, Oman, Bahrain, Saudi Arabia and Malaysia, Minister of Economic Development Maxim Reshetnikov said at the Eastern Economic Forum (EEF).

“We are exploring the topic of making the transition to visa-free travels. Countries of the Middle East and Southeast Asia are among those, with which we interact. We offered full abolishment of visas to Kuwait, Oman, Bahrain, Saudi Arabia and Malaysia. This is where incremental growth of premium class tourists is possible in particular. That’s why we are interested in it,” Reshetnikov said.