MOSCOW TIME: 22.02.2019 03:14:14

Investments

Russia and Saudi Arabia plan to invest $2 billion in technology projects

Russia and Saudi Arabia plan to invest $2 billion in technology projects

The Russian Direct Investment Fund (RDIF) together with partners from Saudi Arabia intend to invest $2 bln in technology projects in 2019, head of RDIF Kirill Dmitriev said.

"Partners of RDIF from Saudi Arabia have already allocated $10 bln and invested two of them, in the coming year we plan to invest 2 billion with them," Dmitriev said, noting that cooperation aspects were recently discussed at a meeting with Crown Prince of Saudi Arabia.

Dmitriev noted that the parties increase investments in projects on creation and introduction of modern technologies.

"They have already invested more than $2 billion in various projects with us. They also allow our companies to come to the Saudi market, earn money there in the energy service and other sectors of the economy," Dmitriev added.

Source:www.tass.com

:

Russia Saudi Arabia

Share this:

Share this Share this Share this

NEWS


21.02.2019 Russias Export To Norway Went Up

In 2018 Russia-Norway trade turnover amounted to $1.62 bn, it is a 2.5-fold increase compared to 2017.

20.02.2019 Russia-Chile Trade Turnover Expanded

In 2018 Russia-Chile trade turnover amounted to $1.18 bn, it is a 31% increase compared to 2017.

20.02.2019 Fresh Anchovy From Sri Lanka

According to the Federal Custom Service of Russia, in 2018 Russia reduced fresh anchovy import both in terms of value and in terms of volume.

EVENTS


01.10.2019 RUSSIAN ENERGY WEEK

October 1-5, 2019 Moscow (Russia)

08.07.2019 INNOPROM 2019

July 8-11, 2019 Ekaterinburg (Russia)

06.06.2019 St. Petersburg International Economic Forum 2019

June 6-8, 2019 St. Petersburg (Russia)

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners