Russia

Russia and UAE firms co-invest to pursue market

The RDIF and Abu Dhabi's Mubadala co-invest to penetrate the growing Russian market.

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Putin Announces Investment Plan

Russian president Vladimir Putin announced US$13 billion investment plan on Friday during the annual business forum held at St. Petersburg.

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Rosneft will Increase Oil Flows to China in a US$270 Billion Deal

Russia's Rosneft agreed to double its oil supplies to China on Friday.

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Russia to sell off interest in telecoms firm Rostelecom

Russia is determined to sell its interest in private enterprises and one of them is their 53% interest in Rostelecom.

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Lenta of Russia to do IPO

Lenta, the hypermarket chain of Russia, has chosen banks to provide assistance for its IPO.

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Russian Billionaire to Sell Off Aeroflot

Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.

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Emerging markets fall short, China stumbles

Emerging markets, including China, South Africa and Turkey, fell 10% from this year's peak.

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Flocktory Completes latest Series A Financing Round

Flocktory completes its latest series A financing worth US$1.5 million.

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VTB IPO Preparations Underway

VTB, Russia's second largest bank is undertaking an IPO worth nearly 100 billion roubles.

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Oktogo.ru receives $11million from New Venture Capital Funding

Oktogo.ru receives capital infusion from consortium headed by Victor Sazhin.

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Morgan Stanley Purchases Mall

Morgan Stanley purchases Russian Mall for US$1.2 billion.

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Sovereign, buyout funds take tentative steps in Russia

Major private equity and sovereign wealth funds on Thursday took tentative first steps to invest in Russia.

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