SAUDI-CHINA

Looking East, Saudi Arabia Plans $20b Investment Fund with China, Al-Falih Says

Saudi Arabia's Minister of Energy Khalid al-Falih with Minister of Commerce and Investment Dr. Majed Al-Qassabi.
Saudi Energy Minister Khalid al-Falih said that the Kingdom and China plan to establish and operate jointly a $20 billion investment fund, sharing costs and profits on a 50:50 basis, according to a Reuters report based on comments from the minister.

Saudi Arabia

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Hajj: 2017

1,406,000 pilgrims arrive in Saudi Arabia

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