Saudi Arabia invests $1bn

Clyde Nash
October 7, 2017

On his journey into central Moscow from Vnukovo airport late on Wednesday, King Salman's limousine passed billboards bearing his photograph and messages in Russian and Arabic welcoming him. The Moscow meeting between the two leaders is seen by analysts as a venue to deepen the relationship and, in the near term, allow the Saudis to nudge Russian Federation toward extending the pact.

What is behind Saudi king's "historic" Moscow visit?

The OPEC deal was aimed at reducing a global oil glut that had seen crude prices plummet from over 100 dollars a barrel in 2014 to a 13-year low of under 30 dollars last year.

Salman arrived in Moscow on Wednesday, and it was the first time a Saudi king has ever visited Moscow.

"Saudi Arabia has recognised Russian Federation as a significant player in a region that is important to it", he said.

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The two sisters, who repeatedly broke down during the interview, said their hearts were broken for the victims of the massacre. The gun shop, which also sells musical instruments, is located only a five-minute drive from where Paddock lived in Mesquite.

Before the visit, Russian Foreign Minister Sergei Lavrov described the event as "an historical moment".

Russian Energy Minister Alexander Novak hinted the agreement could be extended into summer 2018.

Analysts say Salman's trip to Moscow is the clearest sign yet that Russia's strategy in the Middle East, including its high-risk show of military power in Syria, has paid off.

Salman in his reply called Russian Federation a "friendly nation" and said his country is committed to strengthen ties "in the interests of peace and security".

Riyadh and Moscow reached an inevitable result in their future relations that they would rather focus more on common interests available in promising fields rather than disagreeing on issues that affected them negatively.

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Khan, who heads the police force in the Kashmir Valley, denied that there had been a security breach that led to the attack. In August, militants attacked a police base in the southern Kashmir town of Pulwama, killing eight security personnel.

Saudi Arabia signed a preliminary agreement on Thursday with Russia that paves the way for the acquisition of some Russian S-400 missile defense systems while their production will take place in the Saudi kingdom, a traditional ally of the United States. In 2015 the countries' sovereign wealth funds agreed to $10 billion in investments.

There has been no immediate USA reaction to the growing ties between Riyadh and Moscow. Putin said. "I think that all things change".

The Saudi monarch's visit comes after decades of strained relations. Trump may decertify the Iran deal by the end of the year, and has indirectly said that he will use that option.

The US is still Saudi Arabia's top weapons supplier and an important ally, but yesterday's deals highlighted Russia's growing influence in the Middle East.

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His recent survey of 4,000 consumers found strong demand for the iPhone X and especially for the most expensive configuration. Photos of the smartphone show the handset cracked open along the side, with its screen bulging forward.

Other reports by Info About Network

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