Russia, Saudi Arabia cement new friendship with king’s visit

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Russian President Vladimir Putin welcomes Saudi King Salman at the Kremlin in Moscow on Thursday, October 5, 2017. (AN photo by Bandar Al-Jaloud)
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Russian President Vladimir Putin meets with Saudi King Salman at the Kremlin in Moscow on Thursday, October 5, 2017. (AN photo by Bandar Al-Jaloud)
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Russian President Vladimir Putin shows the way to Saudi Arabia's King Salman during a meeting at the Kremlin in Moscow on Thursday, October 5, 2017. (REUTERS/Yuri Kadobnov/Pool)
Updated 06 October 2017
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Russia, Saudi Arabia cement new friendship with king’s visit

MOSCOW: Russian President Vladimir Putin hosted Saudi Arabia’s King Salman for talks at the Kremlin on Thursday, cementing a relationship that is crucial for determining world oil prices and could be pivotal for resolving conflicts in the Middle East.
King Salman, the first sitting Saudi monarch to visit Russia, led a delegation to Moscow that agreed joint investment deals worth several billion dollars, providing much-needed investment for a Russian economy battered by low oil prices and Western sanctions.
Briefing the media on the talks between Putin and King Salman, Russian Foreign Minister Sergei Lavrov focused on the common ground between the two countries.
Lavrov said the two leaders had agreed on the importance of fighting terror, of finding peaceful solutions to conflicts in the Middle East, and on the principle of territorial integrity.
In a concrete expression of how ties are deepening, Saudi Arabia said it had signed a memorandum of understanding on the purchase of S-400 air defense systems from Russia’s state arms exporter.
The two leaders had a “friendly and substantial discussion based on a desire by Moscow and Riyadh to consistently grow mutually-beneficial partnerships in all spheres,” Lavrov said at a briefing alongside his Saudi counterpart Adel Al-Jubeir.
“We believe that new horizons have opened up for the development of our relations that we could not previously have imagined,” the Saudi foreign minister said, speaking through an interpreter.
“Relations between Russia and Saudi Arabia have reached a historical moment,” said Al-Jubeir. “We are certain that the further strengthening of Russian-Saudi relations will have a positive impact on strengthening stability and security in the region and the world.”
Riyadh supports forces fighting President Bashar Assad’s group while Russian troops and Iranian militias have sided with Assad. This leaves Moscow aligned with Saudi Arabia’s arch-rival Iran, whom Riyadh and its neighbors have accused of fomenting strife in the region.
However, Russia’s military intervention in the Syria conflict has brought about an acknowledgement in Arab capitals that it now has real clout in the Middle East.
Moscow and Riyadh worked together to secure a deal between OPEC and other oil producers to cut output until the end of March 2018, in an effort to push up world prices.
Billboards were erected on the road from the airport to central Moscow welcoming King Salman in Arabic and Russian.
Saudi Crown Prince Mohammed bin Salman visited Russia in May.


Bahri’s maritime solutions on show

Updated 18 min 33 sec ago
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Bahri’s maritime solutions on show

Saudi shipping company Bahri is demonstrating its commitment to advancing the growth of maritime industry and improving security in the logistics business at the International Defense Exhibition (IDEX) and Naval Defense and Maritime Security Exhibition (NAVDEX).

The events are being held under the patronage of Sheikh Khalifa bin Zayed Al-Nahyan, president of the UAE and supreme commander of the UAE Armed Forces in Abu Dhabi from Feb.17-21.

Khaled bin Hussain Biyari, assistant minister of defense — executive affairs; General Awwad Eid Al-Balawi, director general of Saudi Arabian Border Guards; and other officials visited Bahri’s booth during the events.

As part of its participation, Bahri is showcasing its maritime capabilities and innovation-driven solutions at the largest defense expo in the Middle East. The company is also highlighting its unmanned surface vessels (USVs) at its booth. Powered by MAP Pro technology, which transforms any vessel into an autonomous one, Bahri’s USVs are capable of numerous applications, including gathering data, surveillance and reconnaissance. In addition, the vessels offer significant cost savings and reduce human workload in high-risk operations. 

Bringing together more than 1,310 specialized companies from 62 countries, both events offer a strategic business platform for exhibitors to present their latest naval, maritime and coastal security technology, equipment and crafts, and explore partnership opportunities with local and international companies. 

Abdullah Aldubaikhi, CEO of Bahri, said: “Events such as IDEX and NAVDEX provide a unique opportunity to gather new insights into new security technologies that can help companies thrive in a safe and secure trade. With Saudi Arabia being at the forefront of efforts aimed at maintaining stability and security in the region, maritime security is a key focus area for the Kingdom.” 

Aldubaikhi added: “Bahri’s presence at IDEX and NAVDEX 2019 is part of our strategy to further strengthen our offerings to enhance the Kingdom’s maritime capabilities and support its transformation as the world’s leading logistics hub. The exhibition also provides us with an excellent platform to connect with our customers and explore new partnership opportunities that will further drive our ambitious expansion plans.”

Bahri Logistics, one of the five business units within Bahri and one of the top 10 breakbulk carriers in the world, operates six new state-of-the-art multipurpose vessels that are capable of carrying different types of cargo, including project, ro-ro, breakbulk, equipment, and container cargo.