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The already strong bilateral relations between Saudi Arabia
and China are hitting new levels, as the Kingdom and the Chinese
Tiger have decided to set up a joint US$20 billion investment fund.
The fund was announced by Saudi minister of energy Khalid Al Falih,
after meeting with Chinese vice-prime minister Zhang Gaoli in
Jeddah. Falih indicated that both countries will share the total
investments and will be splitting the revenues of the fund, which
is going to target projects in infrastructure, energy, mining and
materials. This is not a surprise,…
and China are hitting new levels, as the Kingdom and the Chinese
Tiger have decided to set up a joint US$20 billion investment fund.
The fund was announced by Saudi minister of energy Khalid Al Falih,
after meeting with Chinese vice-prime minister Zhang Gaoli in
Jeddah. Falih indicated that both countries will share the total
investments and will be splitting the revenues of the fund, which
is going to target projects in infrastructure, energy, mining and
materials. This is not a surprise,…
The already strong bilateral relations between Saudi Arabia
and China are hitting new levels, as the Kingdom and the Chinese
Tiger have decided to set up a joint US$20 billion investment fund.
The fund was announced by Saudi minister of energy Khalid Al Falih,
after meeting with Chinese vice-prime minister Zhang Gaoli in
Jeddah. Falih indicated that both countries will share the total
investments and will be splitting the revenues of the fund, which
is going to target projects in infrastructure, energy, mining and
materials. This is not a surprise,…
and China are hitting new levels, as the Kingdom and the Chinese
Tiger have decided to set up a joint US$20 billion investment fund.
The fund was announced by Saudi minister of energy Khalid Al Falih,
after meeting with Chinese vice-prime minister Zhang Gaoli in
Jeddah. Falih indicated that both countries will share the total
investments and will be splitting the revenues of the fund, which
is going to target projects in infrastructure, energy, mining and
materials. This is not a surprise,…
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