INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

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

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.