Source link Russian fast-food chain Vkusno i Tochka, which replaced McDonald’s after the US company left the country due to sanctions, more than doubled its revenues last year, according to an earnings report cited by Interfax. The fast-food chain saw revenues jump to 155.7 billion rubles ($1.68 billion) in 2023, which was 2.1 times higher […]
Source link Export revenues dropped 30% compared to an all-time high recorded in 2022, the regulator estimated Russian export revenues saw a notable drop by almost a third in 2023, according to the preliminary assessment released by the Bank of Russia, which cites a decline in prices for crude oil as one of the key […]
Source link Revenues generated by Egypt’s Suez Canal saw a 40% year-on-year decline in the first eleven days of 2024, canal authority head Osama Rabie said earlier this week. Ship traffic through the maritime artery connecting the Mediterranean and the Red Sea dropped 30% between January 1 and January 11 compared to the same period […]
Source link The sanctions-hit nation earned nearly $100 billion through sales of oil and gas, Alexander Novak says The proceeds from Russia’s export of oil and gas contributed about $100 billion (nine trillion rubles) to the budget this year, Deputy Prime Minister Alexander Novak has revealed, close to revenue levels recorded in 2021, before the […]
Source link Washington is committed to its sanctions policy, a senior official has told the FT Washington will pursue its sanctions policy on Russian energy “for years to come” as it seeks to halve Moscow’s oil and gas revenues by 2030, a senior US official told the Financial Times on Friday. The US has been […]
Source link A total of $428 billion was raised in the first ten months of 2023, according to the fiscal authorities Tax revenues have continued to grow in Russia, increasing by nearly 10% between January and October compared to the same period last year, according to the head of the Federal Taxation Service (FTS). Daniil […]