The global economy, as in astronomy, has its own “centers of gravity” which attract resources, capital and companies. In astronomy, there is the phenomenon of the Great Attractor – a mysterious gravitational anomaly that draws galaxies toward itself. In Eurasia, the role of one such “attractor” has always been played by Russia. After Western companies exited, the voids they left are being filled not only by local players, but by representatives from Asia, the Middle East, South America and other regions of the world.

Over recent years, the Islamic banking trend in Russia has been growing. Experts of Capital Legal Services, head of Corporate practice Dmitry Churin and lawyer Maria Aksenova told Islamic Finance News about the prospects for Islamic finance in Russia.

RBC (Russian Business Consulting) recently come out with content on why it is so critical to form a solid team of attorneys and how to find objectively high-class experts when preparing to sign a serious contract.

Kyle Davis in another interview to the Oil and Capital portal comments on Trump’s attempts to influence the oil market through his Twitter account.

Gleb Apenkin, Corporate Practice Attorney of Capital Legal Services, wrote an article for “Russian Business Guide“ magazine on the advantages of blockchain technology.

Article by Managing Partner Vladislav Zabrodin on doing business in Russia is published on the Messe Frankfurt site.

Capital Legal Services has advised the Rusnano Sistema SICAR fund on its USD 1.5 million investment project into Geosplit, a Russian oil service developer and integrator of technology for the oil industry. Geosplit was advised by the Skolkovo Deal Support Center.

Russian banks and companies are constrained at the moment with regards to their access to western financial markets due to US and European sanctions brought on by the Ukrainian crisis, and alternative markets are actively sought. One such market could be the market of Islamic financing.

A hacker with money and votes. The lawyer of the ‘Russian hacker’ Stanislav Lisov pointed at gaps in the charges.

The State Duma Committee on Constitutional Legislation and State Construction approved the amendments to the law “On personal data” in the first reading. The authors are planning to oblige personal data operators to inform the authorized body on information leakages. However, is everybody content with the draft law? What are the consequences of the law for the information security market? A word to the industry experts.