Russian businesses face increased payment scrutiny as UAE banks are now blocking and delaying transactions linked to Russian companies amidst a fresh wave of U.S. sanctions. These new restrictions add to the immense challenges the Russian economy faces due to Western-imposed sanctions, tightening the financial noose as overseas anti-sanction "hubs" fall apart under the threat of secondary sanctions.

The UAE had emerged as a crucial financial "hub" for Russian entities, facilitating their trade …

Bashar al-Assad and his family have been granted asylum in Russia on "humanitarian grounds." While there are no official photos yet of Assad settling into his new surroundings, speculation is rife about what he might owe Vladimir Putin for this hospitality and who his new neighbors might be, Digi 24 reports.

Columnist Mark Galeotti suggests that the discredited Syrian ruler will make his home in Barvikha, an upscale enclave for Russia's affluent near Moscow. Historically, this area housed …

In an interview with Russian outlet Gazeta.ru, Dmitry Kuznetsov, a member of Russia's State Duma and the International Affairs Committee, has proposed that Bashar al-Assad, the ousted Syrian president who fled to Russia following rebel capture of Syria's capital Damascus, could be relocated to occupied Mariupol

Kuznetsov argued that the former Syrian leader, along with his family, should settle in Mariupol, where they could "take it under their wing." For his "contribution to the restoration …