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In the North Caucasus, Islamic banking is planned to be launched from the summer season
Economy
In the North Caucasus, Islamic banking is planned to be launched from the summer season
12 May 2023

The start of the Islamic banking experiment in Dagestan, Chechnya and other regions was postponed to the summer. This was announced at the St. Petersburg International Legal Forum.

Apartments in Grozny and Makhachkala have risen in price
Economy
Apartments in Grozny and Makhachkala have risen in price
11 May 2023

In April, the price per square meter in new buildings rose the most in Sochi (+7.4%). An increase was also noted in Volzhsky (+6.1%), Grozny (+5.5%), Makhachkala (+5%) and other cities. This is reported by specialists of the federal portal "World of Apartments".

The highest rate on mortgage loans was recorded in Chechnya
Economy
The highest rate on mortgage loans was recorded in Chechnya
11 May 2023

In Chechnya, the mortgage rate reached 11.4% in March. This is the highest figure in the country according to the Central Bank of the Russian Federation. In second place was Karachay-Cherkessia - 9.8%.

Chechnya for tourism: expectations and impressions of Russian tourists
Economy
Chechnya for tourism: expectations and impressions of Russian tourists
10 May 2023

Today, Russian domestic tourism is experiencing a boom due to various restrictions preventing external tourism, as well as due to the implementation of a national project aimed at developing tourism in Russian regions. This project started even before the pandemic and the international isolation of the country.

The regions of the North Caucasus Federal District took the last places in terms of wage dynamics
Economy
The regions of the North Caucasus Federal District took the last places in terms of wage dynamics
10 May 2023

It will take 17.5 years for half of the inhabitants of Chechnya to receive a salary of more than 100 thousand rubles, if their average growth rates over the past five years continue. The republic took the last (85th) place in this indicator among the constituent entities of the Russian Federation, according to a study by the RIA Rating agency, prepared according to Rosstat.

Authorities and corporations are redrawing the boundaries of the reserve to build ski slopes on the Lagonaki plateau
Economy
Authorities and corporations are redrawing the boundaries of the reserve to build ski slopes on the Lagonaki plateau
9 May 2023

Activists of the public organization “Civil Initiative against Ecocrime” published details of official correspondence between the Federal Agency for Tourism, JSC Tourism.RF Corporation and NJSC Krasnaya Polyana, which discusses the construction of a large ski resort in the Caucasus State Natural Biosphere Reserve. The tasty area is located on the territory of Adygea, is a World Natural Heritage Site and is under the protection of UNESCO.

Salaries of kindergarten teachers are lowest in Chechnya and Chechnya
Economy
Salaries of kindergarten teachers are lowest in Chechnya and Chechnya
7 May 2023

In Chechnya, teachers in kindergartens last year, according to Rosstat, received an average of 24.4 thousand rubles. In Karachaevo-Cherkessia - 24.8 thousand rubles.

Salaries of doctors in the North Caucasus in the range of 51-60 thousand rubles - the lowest in the country
Economy
Salaries of doctors in the North Caucasus in the range of 51-60 thousand rubles - the lowest in the country
5 May 2023

Rosstat reports that the lowest average salary of doctors is recorded in Ingushetia. It is 51.2 thousand rubles per month. Karachaevo-Cherkessia - 53.1 thousand rubles, North Ossetia - 53.7 thousand. Kabardino-Balkaria - 55.8 thousand. Among outsiders are Dagestan (59.1 thousand rubles) and Chechnya (60 thousand).

The lowest teachers' salaries - in the North Caucasus
Economy
The lowest teachers' salaries - in the North Caucasus
4 May 2023

Earnings of teachers of schools of the Russian Federal District are considered the lowest, as Rosstat reported

Dagestan became the second in the Russian Federation to increase housing prices
Economy
Dagestan became the second in the Russian Federation to increase housing prices
4 May 2023

Dagestan took second place among the regions of the Russian Federation in the rise in prices for primary and secondary housing in the first quarter. Indicators were 29.5% and 24.7%. The Republic lost only the Novosibirsk region with 30.1% and 24.2%. This is reported by Rosstat.