Russia Economy Thread

pmc

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The word Islam is key in transition to this new economic system.
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25.12.2025

The first representative office of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) opens in Kazan​


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26.12.2025

A member of the State Duma: Work is currently underway in Russia to establish an Islamic bank.​


Ruble link to Oil is over and it seems Russia skill development in vocational training such that they can deploy oil/gas workers to other fields.
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A prominent Russian businessman says: Russia is no longer just a "global gas station" and the ruble's link to oil is over​


Russia has built new ski resort next to Chechnya from scratch without European equipment and it is labeled Art. If Kafala system is correctly applied only Muslim areas will have top of the line updated tourist facilities. and this direction tourist should go.
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The Mamison resort in North Ossetia has attracted over 40,000 visitors before the opening of the 2025/2026 ski season.
n 2025, the all-season Mamison resort in North Ossetia welcomed over 40,000 tourists. The resort is now preparing for its first full ski season.
"The Kavkaz.RF Development Institute concluded the reporting period with a series of new projects. A landmark project was the opening of the Mamison ski resort in North Ossetia. <> In 2025, Mamison was visited by over 40,000 guests, and the resort is now preparing for a full ski season," Kavkaz.RF reported on the 2025 results.
It is noted that Mamison was the first tourist complex of this scale to be built practically from scratch without the involvement of European equipment and technology suppliers. Furthermore, it is the first ski resort to be labeled "art," where traditional active recreation combines with creativity and contemporary art.
This year also marked the development institute's milestones: the start of construction on a seaside resort on the Caspian Sea in Dagestan, the expansion of the Elbrus ski area in Kabardino-Balkaria, and infrastructure development at the Veduchi resort in Chechnya.
"The Caspian Coastal Cluster in Dagestan is part of the presidential project 'Five Seas and Lake Baikal' and is designed to create a modern, world-class seaside resort. Kavkaz.RF has begun construction of the service center—the resort's core—and resident facilities. The legendary Elbrus ski resort has gained a new ski area—an additional 5.2 kilometers of scenic trails and two new cable cars at an altitude of 3,500 meters. The resort has installed long-awaited evening piste lighting, and the second phase of construction of the artificial snowmaking system has been completed," Kavkaz.RF explains.
According to the development institute, commissioning of major construction projects is nearing completion at the Veduchi resort in Chechnya. Two modern cable cars and a 2-kilometer ski slope were built there in 2025. A major achievement was the launch of the large 110 kV Veduchi substation.
In just one year, Kavkaz.RF managed the construction of 12 complex mountain facilities, including four cable cars, according to the company's CEO, Andrey Yumshanov
This one is in Chechnya.
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A big family celebration will be held at the Veduchi resort before the New Year.
When there is war there is rapid innovation happening in many areas. now this Ingush muslim doctor is perhaps youngest professor in Moscow hospital with many credentials but alot Russians shifted to UAE post ukriane conflict and her traveling there and look around things got this award. Learning Royal Arabic system and adopt that to family and society.
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pmc

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Russia now claim that MS-21 has achieved comfort level of wide body airliner. first in this class. Russia planes are generally faster than Airbus. so it should solve most of airline traffic but it will take few years for long range option.
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Vasily Prutkovsky, Managing Director of Yakovlev, participated in a thematic meeting dedicated to the best projects in the field of technological leadership. The event was held in Moscow at the National Center "Russia."

The meeting was opened by First Deputy Prime Minister of the Russian Federation Denis Manturov.

We share with you the main points of the speech:

The development of sovereign civil aviation is a strategic objective driven by the need to ensure regional transport accessibility, improve the technological level of industry, and develop related sectors.

Approximately 15,000 enterprises of various levels (120 Tier 1 suppliers, 4,000 Tier 2 suppliers, and over 10,000 Tier 3 suppliers) are participating in the MS-21 serial production program. Approximately 50,000 employees are working on the project.

A significant advantage of the MC-21 is its high level of passenger comfort. For the first time in its class, the aircraft has achieved a level of comfort only available to wide-body airliners. The aircraft also outperforms its competitors in a number of technical features.

Kazan built Tu-214 certified with new Russian systems. This not the modernized version with 2 pilot cockpit and composite materials. but it still with 6700km range. they are aiming 20 in 2028. and 8 in 2026. It has one avionic part that only one company in world makes for Airbus and Boeing. Russia broke that monoply. This Aircraft Putin travels to even hotspots like Syria and most demanding zero visibility landings and long distance super secure communication like doomsday plane.
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The Tu-214 aircraft with domestic systems received approval for a major change​

"Our colleagues have essentially developed a new, cutting-edge avionics suite. Our aircraft designers also created the first unique domestic air collision avoidance and ground proximity warning systems. A single company produces these systems for the global aircraft industry, and we have overcome their global monopoly. Now, these proven systems will be installed on other aircraft models. The new Tu-214 represents another step toward technological sovereignty in civil aviation, and we are not resting on our laurels," emphasized Russian Minister of Industry and Trade Anton Alikhanov.


Kazan built Mi-34M1 with domestic engine. Russia is first time going into small engines for UAV and Helicopter.

This 5 seas-lake bailkal original idea came from increasing tourism to muslim regions. now expand through out the country. Russia aim is to connect Royal Kingdoms to Sea of Japan. Air aviation is the most important.
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10 Dec, 06:36

Russia would welcome expanded air service with UAE​

Russian Minister of Industry and Trade Anton Alikhanov mentioned Russia’s developing tourism initiative to create new resorts under the "Five Seas and Lake Baikal" project
"We would be glad to broaden the range of destinations served by our airlines. <…> Kazan, Sochi, and other cities — and eventually Vladivostok — should become destinations for our air exchanges," he said.
 

pmc

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This alternative dispute resolution center. Dubai based for businesses in UAE. Russia is trying learning from these Royal practices. People may be educated in West but approach to business is Royal.
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The Dubai International Arbitration Centre obtains the status of a "permanent arbitration institution" in Russia​


contrary to perception. the quantity of official Gold reserves increasing in Russia even with some selling. Russia may have largest untapped Gold reserves.
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Russia is boosting its gold and silver reserves at a rate exceeding production .

Russia is witnessing remarkable growth in its precious metal reserves, with the replenishment of its gold and silver stocks exceeding annual production, an indicator reflecting the accelerated strengthening of the country's strategic resource base. According to official statements, Russia has managed to add significant quantities to its reserves, reinforcing its position among countries with strong mineral reserves.

According to the Novosti news agency, citing the head of the Russian Federal Agency for Natural Resources, Oleg Kazanov, approximately 542 tons of gold were added to reserves, compared to an annual production of around 477.6 tons. Silver reserves reached approximately 4,400 tons, while annual production was around 2,400 tons, confirming a clear surplus in stock replenishment.

Similarly, the State Commission on Mineral Reserves indicated that the total increase in gold reserves by the end of 2024 reached approximately 900 tons, while silver reserves increased by about 2,800 tons. These figures reflect a significant expansion in Russia's mineral resource base, at a time when the world is experiencing economic and geopolitical volatility affecting commodity markets.
This investment in Soft Power regarding Saudi. that 100 years of diplomatic recognition anniversary.

behind these Crimean numbers are strategy to shift economy geographically and make infrastructure development inside Ukraine faster.
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"Steady growth in tourist flow." Has it been revealed how many tourists vacationed in Crimea in 2025?​

As the Crimean leader clarified, the steady growth in tourist flow is a key indicator of the achieved success. Over the past year, 6.9 million tourists visited Crimea, a 15% increase over the 2024 target.
"Moreover, 76% of vacationers arrived by car or bus: 61% via the Crimean Bridge and 15% via historical regions. Another 24% of guests used rail travel. It's worth noting that during the New Year's period, almost 20% of tourists traveled to Crimea via historical regions, while 53% of tourists traveled via the Crimean Bridge. Twenty-eight percent of tourists chose rail travel," the head of Crimea noted.

The Southern Coast received a significant portion of the tourist flow – 41% of the total number, 33% of vacationers preferred the western coast, 14% – the eastern coast, 12% – Simferopol, Simferopol and Bakhchisaray districts.

Sergei Aksyonov added that during the New Year holidays, from December 27 to January 11 inclusive, 286,600 people vacationed in the republic.

"This figure is more than a third higher than the year before. The average occupancy rate of all hotels and resorts open during the holidays was over 60%. Leading resort complexes with developed infrastructure were 80% or more full. More than half of all guests choose Crimea for health and wellness purposes, thanks to the 91 year-round resorts ," the head of Crimea noted.
The Crimean leader discussed some of the results of the "New Year in Crimea Like Home" information campaign, which has been conducted by the Ministry of Resorts and Tourism of the Republic of Crimea for the third season.
The campaign included over 300 New Year's events, 50 free tours attended by over a thousand Crimean residents and visitors, and culinary quests at 30 restaurants serving local cuisine. In Moscow, with the support of the mayor's office and the city's Department of Media and Advertising, 143 advertising panels were installed, demonstrating to Muscovites and visitors the benefits of a winter holiday in Crimea.
In 2025, 39 accommodation facilities were modernized in Crimea, and nine new ones opened. New attractions also opened, including the Yalta Oceanarium, the Museum of Contemporary Military History in Yevpatoriya, the Museum of the Air Defense Forces in the Simferopol district, and the Museum of Everyday Life of Little Russia in the Bakhchisaray district.
Public spaces have been renovated and improved, including the Saki tourist center, parks, beaches, and embankments. New tourist routes are being developed, and work is underway to create the "Great Crimean Trail" active tourism project, 10 stages of which have already been improved.
Sergey Aksyonov summarized: "The results achieved create a solid foundation for further development. The coming year, 2026, declared the Year of Hospitality in the Republic, will open up new prospects for Crimean tourism."


this what Trump thinks about Crimea.
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Trump: Obama ... Obama ... because Crimea was the heart. You know, I’m a real estate person at heart, right? I’m very good at real estate. And when I looked o ... wh ... every time I look at that map, I say, oh, this Crimea’s so beautiful. Wow. It’s surrounded on four sides by ocean. It’s only got a little piece of land to get to ... you know, to the main ... well, the main. I mean, Crimea’s massive. But it connects the part of Ukraine that we talk about now ...

similar with Chechnya.
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Ramzan Kadyrov urged Chechen residents not to obsess over tourists' appearances
"It's good that people come to us. And the fact that some of them wear whatever they want doesn't do us any good. I don't think we should discriminate against tourists or be overly obsessed with their appearance."
– Kadyrov summed up.
 
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