Sergey Chemezov, CEO of the Russian defense industry corporation Rostec, told UAE media that Middle East countries make up a large part of Russia’s arms export portfolio, with 50% of Rosoboronexport’s contracts going to these countries.
The Russian agricultural export development center, Agroexport, announced that Russia’s grain exports reached its highest level in 2024, at 72 million tons.
The UAE announced that it has successfully concluded the final round of negotiations with Russia to agree on the prevention of double taxation on income and capital.