Russia seeks UAE investments to boost its economy |GulfNews.com:
"As Russian economy shrinks due to sanctions and falling oil revenue, the country is seeking to strengthen its trade ties with the UAE and other Gulf countries.
The trade figures between the two countries stand at $2 billion and are set to grow in the coming days, Russian Business Council Chairman Igor Egorov said in an interview with Gulf News.
He said that Islamic finance is the new area where the country is trying to increase its cooperation with the UAE."
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