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The capital of Dagestan has become a leader in the growth dynamics of prices for secondary real estate
Economy
The capital of Dagestan has become a leader in the growth dynamics of prices for secondary real estate
6 November 2023

The highest increase in the cost per square meter of secondary real estate in Russia from September to October was recorded in Makhachkala (+14.9%). This was reported by the federal portal “World of Apartments”.

Russia is introducing Islamic banking without the word
Economy
Russia is introducing Islamic banking without the word "Islam"
3 November 2023

On September 1, an experiment to introduce Islamic banking began in four regions of Russia. In Chechnya, Dagestan, Tatarstan and Bashkiria, financial products and services operating according to the principles of Sharia will be introduced over the course of two years. However, the words "Islam", "Sharia", "halal" are not mentioned in the law itself.

Regions of the North Caucasian Federal District were among the worst in terms of the level of development of science and technology
Economy
Regions of the North Caucasian Federal District were among the worst in terms of the level of development of science and technology
23 October 2023

In terms of the level of development of scientific and technological activities, Ingushetia took the last place (85th place) in the RIA Rating list.

The cost of winter holidays in the North Caucasus has increased by 15-20%
Economy
The cost of winter holidays in the North Caucasus has increased by 15-20%
23 October 2023

Ski holidays in the North Caucasus are becoming increasingly expensive and inaccessible to the population of the Russian Federation. According to tourist accommodation booking services, in the new season, renting hotel rooms at the resorts of the district has risen in price by about a third.

Karachay-Cherkess Republic, Ingushetia and Chechnya were lagging behind in terms of population income
Economy
Karachay-Cherkess Republic, Ingushetia and Chechnya were lagging behind in terms of population income
16 October 2023

The top ten outsiders in terms of the ratio of the income of the average resident to the cost of a fixed consumer set of goods and services included the Karachay-Cherkess Republic, Ingushetia and Chechnya. This was reported in a study by the RIA Rating agency.

The population of the North Caucasus is recognized as the most financially disadvantaged
Economy
The population of the North Caucasus is recognized as the most financially disadvantaged
9 October 2023

Chechnya, Karachay-Cherkessia and Ingushetia are among the ten most financially disadvantaged regions of the Russian Federation in terms of the standard of living of the population. According to this indicator, the republics took 80th, 83rd and 85th places, respectively. RIA Rating reports this.

In the North Caucasus, the share of workers with salaries over 100 thousand rubles is no more than 2.6% of the population
Economy
In the North Caucasus, the share of workers with salaries over 100 thousand rubles is no more than 2.6% of the population
4 October 2023

The lowest share of workers in Russia with salaries (before income tax) above 100 thousand rubles was recorded in Kalmykia and the North Caucasus Federal District.

The republics of the North Caucasian Federal District are recognized as the worst in terms of mortgage availability
Economy
The republics of the North Caucasian Federal District are recognized as the worst in terms of mortgage availability
2 October 2023

In Dagestan, only 8.6% of families can afford to buy a two-room apartment on the secondary market with a mortgage. This is the last, 83rd place in the country for this indicator, reports RIA Rating.

The lowest salaries of kindergarten teachers recorded in Chechnya
Economy
The lowest salaries of kindergarten teachers recorded in Chechnya
26 September 2023

25 thousand rubles is the average monthly salary of a teacher in Chechen kindergartens. This is the lowest figure among all regions of the Russian Federation, according to Rosstat.

Georgian authorities have stopped supplying cars to the Russian Federation
Economy
Georgian authorities have stopped supplying cars to the Russian Federation
26 September 2023

Georgia has banned the export, re-export and transit of cars from the European Union to Russia. The country is complying with the points of the 11th package of EU anti-Russian sanctions.