At the 13th Meeting of BRICS Ministers of Science, Technology, and Innovation held in Brazil, a significant proposal was tabled by Russia that could reshape the future of scientific collaboration among the BRICS nations. The Russian delegation, represented by Deputy Minister of Science and Higher Education Konstantin Mogilevsky, called for
The 2025 St. Petersburg International Economic Forum (SPIEF), now in its 28th year, opens at a time of deep geopolitical flux and economic recalibration. With the theme Shared Values as a Foundation for Growth in a Multipolar World, this year’s forum underscores Russia’s evolving global posture, moving decisively away from
By Helmo PreussA gold-backed BRICS common currency is unlikely in the short term as it would require a synchronised monetary policy, experts say.The Centre for European Policy Analysis (CEPA) held a preview of the 16th BRICS Summit to be held in Kazan, Russia from 22 to 24 October.It featured Irina
In a significant push towards global sustainability, Aramco Ventures, the venture capital arm of Saudi Aramco, is intensifying its investments in climate technology startups. The company is actively identifying and supporting innovative solutions that contribute to decarbonisation efforts worldwide. These investments align with Saudi Aramco’s broader strategy to integrate emerging
In an era where energy security and economic growth are inextricably linked, the role of advanced oil production technologies has become pivotal. Saudi Aramco, the world’s largest oil producer, stands at the forefront of this transformation. The company’s cutting-edge innovations in oil extraction, refining and sustainability, Aramco is not only
Saudi Arabia is witnessing an unprecedented surge in construction activity, drawing global interest and investment as it advances its ambitious Vision 2030 agenda. The Kingdom’s strategic push to diversify its economy beyond oil has led to a historic expansion in infrastructure and urban development, making it one of the most
Saudi Arabia has taken a major step toward sustainable finance with the issuance of its first sovereign green bond in February 2025. The bond received an overwhelming response from global investors, being oversubscribed six times. This strong demand underscores growing confidence in Saudi Arabia’s economic outlook and its commitment to
As Saudi Arabia seeks to diversify its economy beyond oil, the country is making bold moves to establish itself as a global financial hub. The Kingdom’s Vision 2030 initiative, spearheaded by Crown Prince Mohammed bin Salman, aims to transform Saudi Arabia into a thriving investment powerhouse. In a significant step
Russia’s role in global affairs has always been significant, but recent years have seen the country emerge at the forefront of geopolitical tension, sparking debates over its internal policies, international ambitions, and the sustainability of its influence in an evolving world. With its vast natural resources, military might, and a
Russia has created fertile ground for local industries to flourish by fostering collaborations between domestic enterprises and foreign investors. Earlier this month S&P Global Manufacturing noted Russia’s manufacturing sector grew to Purchasing Managers Index (PMI) 53.1 in January 2025, from 50.8 in December 2024. This is the fourth consecutive month
