Eng. Abdullatif bin Ahmed Al-Othman, Governor of Saudi Arabian General Investment Authority (SAGIA), stressed depth of cooperation relations between the Kingdom of Saudi Arabia and Russian Federation in the fields of development and investment. In a joint press conference held yesterday with Russian Energy Minister Alexander Novak, the SAGIA governor stressed importance of intensifying joint action to support security, wealth and combating terrorism. "Russia marks progress in several fields enabling the official leading companies to contribute in the qualitative investments in the Kingdom. We have the right economy, ideal location, political stability and the ideal governmental commitment," Eng. Al-Othman said. For his part, Russian Energy Minister Alexander Novak stressed his country's keenness in enhancing cooperation with the Kingdom of Saudi Arabia.
