Russia Economy Thread

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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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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.