Chinese 100, 50, 20, 10 and 5 yuan bills and Russian 1,000 and 100 ruble bills - Sputnik International, 1920
Economy
Get breaking stories and analysis on the global economy from Sputnik.

Saudi Arabia, Russia Exploring Investment Cooperation Opportunities

© SputnikFuture Investment Initiative forum (FII)
Future Investment Initiative forum (FII)  - Sputnik International, 1920, 26.10.2023
Subscribe
RIYADH (Sputnik) - Saudi Arabia and Russia are exploring the possibilities of investment cooperation, Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef told Sputnik on Thursday, expressing hope that the existing opportunities would be developed.
"Saudi Arabia and Russia have very big investment opportunities, this issue has been discussed with Russian officials, and the possibilities of cooperation are still being explored," the minister said on the sidelines of the seventh Future Investment Initiative (FII7) investment forum "The New Compass" in Riyadh.
The industry minister said that Russia had achieved success in many industries over the past 20 years, including the automotive industry, heavy equipment production, and military sector.

"We hope for the development of existing opportunities between Riyadh and Moscow," Alkhorayef added.

Russian Energy Minister Alexander Novak speaks during the meeting of the Federation Council of Russia, 11 March 2020 - Sputnik International, 1920, 11.10.2023
Economy
Trade Between Russia, Saudi Arabia Increased by 20% in 7 Months - Novak
FII7 Conference is bringing together the world's leading investors, policymakers, CEOs, academia, inventors, non-governmental organizations, scientists, and others to discover the new markets and navigate new frontiers of economic growth and prosperity.
Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала