MOSCOW TIME: 18.07.2018 13:30:32
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.In the first quarter of 2018 Russia’s trade turnover has grown by 22% compared to the same period of the last year and amounted to $157.6 bn.
Qatar Airways will initiate the process of formalizing the acquisition of a 25% stake in Moscow’s Vnukovo Airport once it wraps up due diligence.
Boeing plans to spend a total of $27 bln in the next 30 years on direct purchases in Russia.
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