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

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.

Read more: http://sputniknews.com/middleeast/20150722/1024914755.html#ixzz3gcSGzCEj

Read more: http://sputniknews.com/middleeast/20150722/1024914755.html#ixzz3gcSCtas5

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