saudi arabia announces indonesia investments as king visits
Last Updated : GMT 07:25:12
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 07:25:12
Arab Today, arab today

Saudi Arabia announces Indonesia investments as king visits

Arab Today, arab today

Arab Today, arab today Saudi Arabia announces Indonesia investments as king visits

King Salman Bin Abdul Aziz (centre left) and Indonesia’s President Joko Widodo (centre right)
Bogor, Indonesia - Arab today

Saudi Arabia pledged $1 billion (Dh3.67 billion) in development finance for Indonesia and expanded cooperation in other areas, deepening ties with Southeast Asia’s biggest economy as Saudi King Salman Bin Abdul Aziz and a huge entourage arrived on Wednesday for a nine-day visit.

Enthusiastic crowds lined the route of King Salman’s heavily guarded motorcade as it arrived in Bogor, near the capital Jakarta, where officials events were held at an imposing presidential palace.

He was earlier welcomed at Jakarta’s Halim airport by President Joko ‘Jokowi’ Widodo and the minority Christian governor of Jakarta, Basuki ‘Ahok’ Tjahaja Purnama, who is fighting a tough election battle after being charged with blaspheming the Quran.

At a joint news conference, the countries’ foreign ministers affirmed Saudi Aramco and Indonesian oil company Pertamina’s plans for a $6-billion refinery joint venture in Cilacap in central Java. The two countries also signed 11 agreements that included a Saudi commitment to provide $1 billion of financing for economic development and cooperation to combat transnational crime such as people smuggling, terrorism and drug trafficking.

King Salman is on a tour of Asian countries to advance the kingdom’s economic and business interests. On his first stop in Malaysia, Saudi Aramco signed a $7-billion deal to take a 50 per cent stake in a Malaysian oil refinery

King Salman will also visit Brunei, Japan, China and the Maldives, the official Saudi Press Agency has reported.

The first visit of a Saudi monarch to Indonesia, the world’s most populous Muslim nation, in nearly a half century generated blanket media coverage.

Salman will spend six of his nine days in Indonesia vacationing on the resort island of Bali, a predominantly Hindu part of the Indonesian archipelago.

“As the world’s biggest Muslim nation, Indonesia will always have a special bond with Saudi Arabia,” said Widodo. “Indonesia and Saudi Arabia are two big countries that have important influence in the region, and our countries should continue to improve cooperation both in bilateral and international contexts.”

Indonesia practices a moderate form of Islam and has a democratic secular government. Widodo

said he appreciated that Indonesia’s Haj quota had been expanded for 2017, with 221,000 pilgrims allowed from the country.

Indonesia has said it hopes for $25 billion of new investments from Saudi Arabia. The two leaders discussed possibilities including three oil refineries, a power plant and infrastructure such as roads, housing and sanitation.

Aside from the two countries having a common faith, Saudi Arabia employs hundreds of thousands of Indonesians despite a government ban on sending domestic workers there following the execution of an Indonesian maid in 2011

source : gulfnews

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

saudi arabia announces indonesia investments as king visits saudi arabia announces indonesia investments as king visits

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

saudi arabia announces indonesia investments as king visits saudi arabia announces indonesia investments as king visits

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 18:14 2018 Wednesday ,31 October

"Sweet life" Models parade in chocolate outfits in Paris

GMT 10:35 2017 Friday ,14 April

KHCB rewards its credit card holders

GMT 03:32 2015 Saturday ,28 March

Sheikha Manal Art Exchange Programme

GMT 05:39 2016 Tuesday ,18 October

’The Accountant’ tops box office by wide margin

GMT 07:45 2017 Tuesday ,28 March

Nesreen Tafesh says 'Shoq' will be represented

GMT 04:42 2018 Wednesday ,24 January

Back to drawing board for ailing Djokovic

GMT 00:39 2017 Tuesday ,19 December

Saudi budget deficit narrows

GMT 10:40 2017 Monday ,30 January

Contemporary artist Bozibian kicks off her exhibit

GMT 17:41 2017 Tuesday ,18 April

KSRelief provides health services to Yemeni people

GMT 11:24 2017 Thursday ,02 February

70 of Haftar’s soldiers to receive treatment in Russia

GMT 08:07 2015 Sunday ,18 January

Eva Herzigová fronts ads for Dior

GMT 02:38 2018 Wednesday ,03 January

Legal marijuana off to blazing start

GMT 08:36 2015 Sunday ,30 August

Kennedy, Nixon, Reagan, and Obama’s illusions

GMT 08:43 2016 Sunday ,21 August

US grab Olympic gold in men's 4x400m relay

GMT 01:12 2015 Thursday ,24 September

Banha university hospitals on alert ahead of Bairam
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday