Industry Minister reviews Russia investment cooperation
The Saudi Minister of Industry and Mineral Resources discussed with the CEO of the Russian Direct Investment Fund the opportunities to strengthen the investment partnership between Saudi Arabia and Russia across multiple industrial sectors, on the sidelines of the 2026 St. Petersburg International Economic Forum. The two sides emphasized the importance of moving from exploring opportunities to implementing practical initiatives that serve mutual interests. They reviewed the targets of the national industrial strategy and the capabilities that make the Kingdom an attractive destination for global investments. This reflects Saudi Arabia's commitment to enhancing its presence in international economic forums and developing partnerships that support industrial and mining growth.
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