INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Russia working to establish visa-free travel with Gulf nations: Bogdanov

Russia's deputy foreign minister Mikhail Bogdanov. (AFP)
  • "In principle, such work is going on systematically. Because, of course, I think it is in the interests of our countries," said Mikhail Bogdanov, Russia's deputy foreign minister.
  • In September last year, Russia offered the complete cancellation of tourist visas to Kuwait, Oman, Bahrain, Saudi Arabia and Malaysia.

Moscow, Russia — Russia is working to establish a visa-free regime with all Gulf countries, said Mikhail Bogdanov, Russia’s deputy foreign minister and special presidential representative for the Middle East and African countries.

“In principle, such work is going on systematically. Because, of course, I think it is in the interests of our countries and peoples to communicate and to promote joint business and tourism,” he told TASS.

Bogdanov also noted that efforts in this direction were in progress with all countries of the Persian Gulf.

Earlier, the Russian Foreign Ministry told TASS intergovernmental agreements were being drafted on visa-free travel by individuals with Bahrain, Oman, Saudi Arabia, the Bahamas, Barbados, Haiti, Zambia, Kuwait, Malaysia, Mexico and the Republic of Trinidad and Tobago.

In September last year, Russia offered the complete cancellation of tourist visas to Kuwait, Oman, Bahrain, Saudi Arabia and Malaysia.

Russia’s Minister of Economic Development Maxim Reshetnikov told 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.”