UAE, Gulf allies support Saudi Arabian statement on Khashoggi case    338 New Confirmed Covid-19 Cases, 320 Recoveries Reported, in Saudi Arabia    Global coronavirus caseload reaches 114 million    Wall Street Closing    24% reduced demand for gasoline during the curfew    Saudi Press: Saudi Arabia Plays Vital Role in Maintaining Security and Stability in Middle East Region    Myanmar envoy to UN warns democratic processes have been ‘pushed aside'    Pandemic pushing people ‘even further behind', UN rights chief warns    Weather Forecast for Saturday    Emerging digital solutions for life after COVID is likely to be worth over $3 trillion by 2025: UNCATD    Dutch De Vries Wins Inaugural Round of Formula E Diriyah Competitions 2021    Arab Coalition forces destroy ballistic missile targeting southern Saudi Arabia    Saudi Arabia categorically rejects US report on murder of Jamal Khashoggi    Coalition to Restore Legitimacy in Yemen: Interception, Destruction of Ballistic Missile Launched by Terrorist, Iran-Backed Houthi Militia Toward the Kingdom    IMF chief calls for strong G20 policies to counter ‘dangerous divergence'    Mercedes' De Vries wins Forumla E's first night race in Diriyah    HRH Crown Prince Receives Phone Call from Emir of State of Kuwait    KSU Medical City Participates with Medical Center to Ensure Safety of Formula E Participants    SAMI Concludes Its Participation in IDEX 2021, with Key Strategic Partnerships    Dubai's landmarks light up in colors of Kuwait flag in celebration of its 60th National Day    HRH Crown Prince Receives Phone Call From Speaker of Iraq's Council of Representatives    UN Security Council Condemns Houthis Attacks on Saudi Arabia    KAUST solar desalination technology MEDAD wins MEED Sustainability Medal 2020    King Salman discusses bilateral ties, Iranian threats in call with US president    CEO of Formula E highlights strong partnership with Saudi Arabia    Inaugural Red Sea International Film Festival to take place in November    CEO of Formula E Highlights Strong Partnership with Saudi Arabia    Saudi Stock Exchange Main Index Ends Trading Higher, at 9,194.92 Points    Researchers find worrying new coronavirus variant in New York City    National Debt Management Center Issues Sovereign Bonds in Euro with Negative Return    CEO of Quality of Life Program: by hosting Formula E, Saudi Arabia confirms that it is a global center for major sports    Investigators release preliminary findings on the United Airlines flight engine failure    Saudi Arabia to Host Formula E    Focusing a lens on courage, despair and hope    World's longest painting created in Dubai to raise 110mn dirhams for coronavirus-hit kids    Meghan and Prince Harry expecting second child    Film Commission Launches 28 Cinematic Projects for Winners of Daw' Film Competition    SASCA in Dammam Sets a Deadline for Receiving Participations in International Video Art Forum    Saudi Film Commission Opens Registration Doors for Digital Filmmakers' Program    Saudi Arabia Names " Scales" Film to Represent it in Oscars    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Court facilitates young woman's marriage after stripping father's guardianship    Bahrain's top Islamic body condemns attempts to insult Muslim symbols    Saudi man accused of harassing foreign wife asked to be produced before court Court allows divorce, custody of children by mother    S. P. Bala, legendary Indian singer, dead at 74    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    Senior Scholars Council Issues Decision No. 246 Regarding Attendance of Friday Prayer and Prayers at Mosques in a Case of Spread of Epidemic or Fear of its Spread    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





King Salman, MBS welcome Putin with full military honors
Published in The Saudi Gazette on 14 - 10 - 2019

Custodian of the Two Holy Mosques King Salman and Russian President Vladimir Putin discussed positive developments in Saudi-Russian relations in Riyadh, where Putin is visiting, on Monday.
King Salman and Crown Prince Muhammad Bin Salman, deputy premier and minster of defense, welcomed Putin and Russian Foreign Minister Sergei Lavrov at Al-Yamama Palace here with full military honors.
Russia is committed to developing bilateral relations with Saudi Arabia, which have been ongoing for the past 90 years, said Putin, who added that Saudi-Russian cooperation is important to ensure stability in the Middle East.
King Salman said that Putin's visit was a "big opportunity" to strengthen the friendship between the two countries. Deals between Russia and Saudi Arabia will have positive outcomes, especially in the energy sector, he added.
Trade between Russia and Saudi Arabia increased by 15 percent last year, according to Putin, reported Al-Arabiya English.
Russia and Saudi Arabia will sign more than $2 billion of deals and discuss the OPEC+ oil output agreement, according to a senior official. The two countries are both major oil producers, and Moscow recently stated that it remained committed to working with Saudi Arabia to support oil prices by curbing output.
Russian and Saudi flags lined Riyadh streets ahead of Putin's one-day visit, which includes an evening performance by Russia's Tchaikovsky Symphony Orchestra. Putin then travels to the United Arab Emirates.
In meetings with Saudi leaders, the Russian president will discuss the OPEC+ pact, which has seen production cut by 1.2 million barrels per day since January.
The two sides are expected to sign more than $2 billion of deals, including a joint investment by state oil giant Saudi Aramco and Russia's RDIF sovereign wealth fund.
RDIF head Kirill Dmitriev said a number of Russian investors were interested in a planned initial public offering of Aramco. The oil major could sell 1-2% through a local listing its chairman said would be announced "very, very soon", ahead of a potential international offering.
Energy Minister Alexander Novak said Russia's Gazprom is interested in cooperating with Saudi firms on natural gas.
Moscow, the world's largest wheat exporter, made some progress in accessing the Saudi and Middle Eastern markets when the Kingdom agreed in August to relax specifications for wheat imports, opening the door to Black Sea imports.
RDIF and Saudi Arabia's SALIC plan to sign an agreement to jointly search for investment projects in Russia's agricultural sector, a source told Reuters. — Agencies


Clic here to read the story from its source.