Wednesday, July 22, 2015

Building for the Future: Saudi Arabia Plans to Invest Billions in Russia- Sputnik News

Saudi Arabia, usually considered a close ally of the US, plans to invest ten billion US dollars in Russia in the coming years. The agreement between Saudi Arabia and Russia is a sensitive geopolitical setback for the United States, DWN wrote.

Saudi Arabia and Russia are expanding their economic cooperation. The Saudis have signed a statement of intent, according to which they will invest ten billion dollars in Russia over the next five years, the newspaper reported.