RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fund
Russian Direct Investment Fund CEO Kirill Dmitriev
Buenos Aires - TASS
The Russian Direct Investment Fund (RDFI) will invest $2 bln in infrastructure projects in Russia from the joint Russian-Saudi fund next year, RDFI CEO Kirill Dmitriev told reporters.
"Saudi Arabia confirmed their interest in participation in several infrastructure projects presented by RDIF, and we plan to invest in Russia another $2 billion from the joint Russian-Saudi fund in the next year," Dmitriev said. He noted that twelve projects on petrochemistry, logistics, and so on, are on the agenda.
Dmitriev said that at the meeting between Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman, the question of increasing Saudi investment was discussed. He said that it was noted that the volume of Saudi investment was already significant. "Two years ago Saudi Arabia's investment stood practically at zero, and now they have exceeded $2 billion," Dmitriev said.
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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