US and coalition bomb Syrian Raqqa, like Dresden was bombed in 1945 - Defense MinistryMilitary & Defense October 22, 9:56
NATO rejects media claims alliance unable of quick deploymentWorld October 21, 13:01
Russian senior diplomat: Moscow has 'no doubts' that Iran fulfilling JCPOA dealRussian Politics & Diplomacy October 21, 11:04
Monuments to Soviet troops in PolandWorld October 21, 10:57
Putin and Erdogan give positive assessment to joint efforts in Astana processWorld October 21, 3:03
Privileges to certain languages in Ukraine’s education law to worsen situation — diplomatRussian Politics & Diplomacy October 20, 21:46
International balance of forces in Syria after Raqqa’s liberation unclear yet — expertMilitary & Defense October 20, 21:05
Russia to resume import of aubergines, pomegranates from Turkey since October 30Business & Economy October 20, 20:18
International station to orbit Moon at 70,000 km distance from EarthScience & Space October 20, 20:09
MOSCOW, October 5. /TASS/. Saudi Arabia may invest $1 bln in construction of a petrochemical complex, Pulkovo Airport and 20 more Russian projects, Russian Energy Minister and Co-Chairman of the Russian-Saudi Intergovernmental Commission Alexander Novak said.
"At present, RDIF [Russian Direct Investment Fund] and PIF [Public Investment Fund of Saudi Arabia] have invested more than $1bln in joint projects [in Russia.] This includes construction of a petrochemical complex, construction of a small hydro power plant, logistics companies, Pulkovo Airport and the Renaissance building complex. Twenty-five more projects in various economic sectors are currently being studied," the minister said.
Russia and Saudi Arabia will set up a working group to remove obstacles hampering cooperation between the two countries, Alexander Novak said at the Russian-Saudi Investment Forum.
"We have just agreed with my counterpart, Co-Chairman [of the Intergovernmental Commission] Mr. Al Qasabi [Minister of Trade and Investment Majed Bin Abdullah Al Qasabi - TASS], that we will set up a special working group that will oversee the issues of reducing administrative barriers and obstacles for the development of business ties between our two countries," the Russian minister said.