
Saudi Arabia's Investments in Russia Surge 90% in One Year - Novak
Russian Deputy PM Alexander Novak announces 90% growth in Saudi investments in Russia over the past year, citing successful partnership between RFDI and Saudi sovereign wealth fund.

Russian Deputy PM Alexander Novak announces 90% growth in Saudi investments in Russia over the past year, citing successful partnership between RFDI and Saudi sovereign wealth fund.

Vladimir Evtushenkov, founder of Sistema Holding, stated that Russia-Saudi relations have transformed from "rock bottom" a decade ago to a solid foundation of trust, highlighting Crown Prince Mohammed bin Salman Al Saud's visit to Russia as a turning point.

Kirill Dmitriev, head of the Russian Direct Investment Fund, stated that Nord Stream gas pipelines can be restored, citing "sensible politicians" in Europe and the AfD party's stance. He also claimed energy prices in Germany rose 30-40% due to the rejection of Russian energy, leading to de-industrialization.

Russian envoy Kirill Dmitriev stated at SPIEF that the OPEC+ deal has been crucial for attracting significant investments into the energy sector, a level of investment that likely wouldn't have been achieved without the agreement.

Kirill Dmitriev, head of Russia's Direct Investment Fund, spoke with US Special Envoy Steve Witkoff and Jared Kushner about joint economic projects and promoting peace with Ukraine. The US reportedly urges Ukraine to pursue peace.

German MP Markus Frohnmaier met with Kirill Dmitriev, head of the Russian Direct Investment Fund, at the SPIEF economic forum. They discussed resuming business dialogue between Russia, Germany, and the US, and the importance of peaceful dialogue for conflict resolution.

Russian Presidential Envoy Kirill Dmitriev met with AfD Deputy Chairman Markus Frohnmaier to discuss restarting business dialogue between Russia, Germany, and the US. Dmitriev expressed optimism about future cooperation with the AfD.

RDIF CEO Kirill Dmitriev stated that Russia-China investment cooperation is crucial for global partnership, prosperity, and security, with RDIF having invested in over 50 projects with Chinese partners. This comes as President Putin begins a two-day visit to China.

Kirill Dmitriev, Russian President's Special Representative, stated that the recent 30-day extension of sanctions relief on Russian oil is a positive signal for global energy markets and proves Russia's essential role in global energy security.