INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

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.