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.


KSRelief launches prosthetics' center in Taiz

Updated 23 January 2020

KSRelief launches prosthetics' center in Taiz

TAIZ: The King Salman Humanitarian Aid and Relief Center (KSRelief) on Wednesday launched an artificial limb center in Taiz, Yemen, providing high-quality prosthetics for up to 600 patients.

Abdulqawi Al-Mikhlafi, who is the deputy governor of Taiz, expressed his appreciation for the Kingdom’s generous support to Yemen across all sectors over the past few years, particularly in the areas of health, the environment and development.

Al-Mikhlafi said such efforts helped local authorities to deal with the many challenges they faced in providing comprehensive services to needy Yemenis.

He added that the Kingdom’s support reflected the deep historical and cultural ties between the people of Yemen and Saudi Arabia, and he praised the Kingdom for standing by the country and its government for more than 50 years.

Dr. Elan Abdul Haq, deputy governor of Taiz for health affairs, thanked KSRelief for its continued support for Taiz and Yemen, assistance he said had alleviated the suffering of millions of Yemenis during the ongoing conflict.

The head of the Artificial Limbs Center, Mansour Al-Wazei, announced that the center would begin receiving patients soon, providing vital aid to amputees for whom prosthetics meant regaining the ability to live full and productive lives.