February 12, 2016

Visit of the delegation of Russian business circles to Riyadh.

In the period from 10 to 11 February 2016, the delegation of the RABC visited the Kingdom of Saudi Arabia. The delegation was headed by Deputy Chairman, Director  of the Russian – Arab Business Council Tatiana Gvilava. The visit was organized by the RABC and was supported by the CCI of Russia and Saudi Arabia, as well as the Saudi Embassies in Russia and Russia in Saudi Arabia.

Within the official visit of representatives of the Russian business to KSA a number of important meetings with the Saudi partners and potential investors was held. Negotiations with the head of Vafrat group of companies Sheikh Abdelaziz Kridis took place. Members of the Russian delegation provided perspective investment projects and discussed various options of interaction with the Saudi colleagues. The parties hoped for effective and mutually beneficial cooperation in a question of joint projects implementation in the territory of two countries.

On February 11, members of the Russian delegation took part in the meeting of the Saudi-Russian Business Council, organized on the site of the Council of the Chamber of Commerce and Industry of Saudi Arabia, in which representatives of Saudi business circles took part. The Russian side presented presentations of investment projects on the territory of the Russian Federation. The participants expressed interest in the further establishment of trade and economic relations and mutually beneficial cooperation between our countries through the implementation of joint investment projects.