Riyadh – Mubasher: The Saudi Arabian General Investment Authority (SAGIA) will grant four Russian firms licences of specific investments, minister of commerce and trade Majid Al-Qasabi said.
The Russian-Saudi investment forum will witness signing seven agreements in various fields by the private sector, Al-Qasabi added in his speech at the forum on Thursday.
“We [Saudi Arabia] are seeking to encourage investments between both countries in the fields of energy, technology, military industries, infrastructures, etc.,” he continued.
Saudi King Salman bin Abdul-Aziz started his trip to Moscow on Wednesday to strengthen the Russian-Saudi ties.
