KSA to buy Russian S-400 air defense missile system

Riyadh – Mubasher: Saudi Arabia on Thursday signed an agreement with Russia to purchase S-400 air defense missile system from Russia.

The Kingdom alos signed a memorandum of understanding (MoU) with Russia to increase the settlement of military industries, according to Alekhbariya channel.

The Russian Presidential Press Secretary Dmitry Peskov on Wednesday stated that it is expected that the military technical collaboration will be discussed during King Salman and Vladimir Putin meeting, Sputnik, the country's news agency noted.

The Saudi Minister of Energy, Industry, and Mineral Resources Khalid Al-Falih said that his country will pump and invest $10 billion in the Russian Direct Investment Fund (RDIF).

Mubasher Contribution Time: 05-Oct-2017 18:28 (GMT)
Mubasher Last Update Time: 05-Oct-2017 18:28 (GMT)