Putin, Saudi crown prince chair first meeting of Saudi-Russian Economic Committee

Saudi Arabia's Crown Prince Mohammed bin Salman speaks during talks with Russian President Vladimir Putin in Riyadh, Saudi Arabia, October 14, 2019. (Reuters)
Updated 15 October 2019

Putin, Saudi crown prince chair first meeting of Saudi-Russian Economic Committee

  • The speeches dealt with areas of cooperation between the two countries and common opportunities to enhance bilateral cooperation

RIYADH: Saudi Crown Prince Mohammed bin Salman and Russian President Vladimir Putin chaired the first meeting of the Saudi-Russian Economic Committee in Riyadh on Monday.
At the beginning of the meeting, the crown prince stressed the importance of continuing cooperation and building strategic partnerships between the two countries, discussing many opportunities and joint investment and production projects in line with Vision 2030.
President Putin noted in his speech at the meeting that the major Saudi-Russian participating companies play a key role in the economy between the two, praising the successful cooperation between the Russian Direct Investment Fund (RDIF) and the Saudi Public Investment Fund, stressing the role of the crown prince in the establishment of this partnership.
Afterwards, Prince Abdullah bin Bandar bin Abdul Aziz, chairman of the Saudi side of the Saudi-Russian Economic Committee, delivered a speech in which he affirmed the Kingdom’s readiness to achieve the desired objectives of future plans and joint projects, praising the RDIF for opening a branch in Riyadh, the first outside Russia.
The CEO of the RDIF, Kirill Dmitriev, chairman of the Russian side of the committee, noted the cooperation and keenness of both countries to develop and work through the committee to strengthen economic ties.
More speeches were delivered by heads of Saudi and Russian companies, including Amin Nasser, CEO of Saudi Aramco, Andrei Guriev, CEO of PhosAgro, Yousef Al-Benyan, CEO of SABIC and Musa Bazhayev, president of Alliance Group.
The speeches dealt with areas of cooperation between the two countries and common opportunities to enhance bilateral cooperation.
At the end of the meeting, the minutes were signed by Dmitriev and Prince Abdullah.


Saudi Arabia repatriation flights from US cities, Beirut bring home nationals

Updated 05 June 2020

Saudi Arabia repatriation flights from US cities, Beirut bring home nationals

  • Flights from Washington and Houston arrived at King Khalid International Airport in Riyadh

DUBAI: Four more repatriation flights arrived in Saudi Arabia as part of the Kingdom’s efforts to bring back stranded citizens from coronavirus hotspots, state news agency SPA reported.
Flights from Washington and Houston arrived at King Khalid International Airport in Riyadh while another two landed in King Abdulaziz International Airport in Jeddah, bringing Saudi nationals from New York and Beirut.
All precautionary measures to contain the coronavirus spread were taken to ensure the safety of passengers, who would also be in isolation for 14 days.