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The investment forum in Riyadh this time will open more opportunities for Russia – Russia news today

The investment forum in Riyadh this time will open more opportunities for Russia

© RIA Novosti / Alexander Unliterate in fotobounce of Riyadh city — the capital of Saudi Arabia. Archival photoThe investment forum in Riyadh this time will open more opportunities for Russia© RIA Novosti / Alexander Unliterate the image Bank

Investment forum Future Investment Initiative (FII), nicknamed the event the «Davos in the desert», will begin its work on Tuesday in the Saudi capital, the conference participants will discuss breakthrough ideas and projects needed for the future of the world economy.

The forum comes amid an international scandal with the murder of a Saudi journalist Jamal Casucci in the Consulate in Istanbul. Many of the foreign participants refused to participate in the conference.

From Russia, in contrast, was attended by a delegation of more than 30 prominent businessmen and cultural figures. Many of them in the country for the first time. They aim to discover the country and find interesting partners.

The forum, held at the initiative and under the patronage of crown Prince of Saudi Arabia Mohammed bin Salman al Saud, was conceived as one of the main business platforms in the Middle East region, where the world economy leaders, senior representatives of government and society.

The boycott of the «Davos in the desert» because of the murder Casucci

The second forum takes place against the backdrop of tension between Saudi Arabia and a number of States, triggered by the murder of a Saudi journalist Jamal Hasuki the subjects of the Kingdom at the Consulate in Riyadh, in Istanbul.

About his refusal to participate, said the CEO of one of the largest investment banks of the world, American JP Morgan Chase, Jamie Dimon, chief Executive officer of Uber Dara Khosrowshahi, will not go to Riyadh and the U.S. Secretary of the Treasury Steven Mnuchin, head of the International monetary Fund Christine Lagarde as well as senior representatives of Australia and New Zealand.

The government of Saudi Arabia on the eve of the forum held a series of meetings and negotiations to emphasize the importance of development of economic relations and partnership with Saudi Arabia.

Russian participation on the forum

The Russian delegation led by head of the Russian direct investment Fund (RDIF) Kirill Dmitriev on the forum will showcase more than 30 leading entrepreneurs and leaders of Russian companies, as well as public figures.

The planned participation of representatives of the Russian direct investment FUND and the Russian delegation in the main sessions and discussions FII, as well as negotiations and consultations on the sidelines of the forum, meetings with the leadership of Saudi Arabia and key Saudi partners.

Among the Russian participants — the General Director of the company «ALROSA» Sergey Ivanov, the founder and co-owner of Safmar Mikhail Gutseriev, Chairman of the Board of Directors of M. Video, a member of the Board of Directors «Samara» said Gutseriev, the head of VTB Andrey Kostin, the head of the PSB Petr Fradkov, and others.

According to the head RFPI Kirill Dmitriev, the perpetrators of the disappearance of the opposition Saudi journalist Jamal Casucci should be punished, but must wait for the outcome of the investigation of the incident. Dmitriev also said about the importance of supporting the transformation taking place in Saudi Arabia in «this difficult transition».

«I believe that in many publications contains a large amount of unverified information from anonymous sources. We don’t know whether to believe them. The Kingdom has many enemies, many against the idea of Islamic liberalism,» — said Dmitriev.

The story of the disappearance of the journalist

Saudi journalist Casucci was a columnist for the American newspaper the Washington Post and 2017 were living in the United States. He criticized the actions of the Saudi authorities after the appointment of the crown Prince Mohammed bin Salman.

Casucci went missing in Turkey on 2 October after he had come to the Consulate of Saudi Arabia in Istanbul for the documents for re-marriage. With him to the Consulate came his bride, a citizen of Turkey, but it was not allowed in the Embassy building. She waited a journalist for five hours, then went to the police, when the consular officer told her that Hakuji if already gone.

For more than two weeks, the leadership of Saudi diplomatic missions in Turkey claimed that the journalist left the Consulate, and the day after the disappearance Casucci crown Prince of Saudi Arabia in an interview with Bloomberg, expressed confidence that the journalist left the Consulate alive and it is not in the Kingdom.

In the night of Saturday, the Saudi media spread the statement of the Prosecutor General of Saudi Arabia Saud al-Muadib, which said that the journalist Casucci killed in a quarrel at the Consulate of Saudi Arabia in Istanbul. In this case was arrested 18 Saudi nationals and removed from office the chief AIDS of the crown Prince, Deputy head of the General intelligence service, Ahmed Asiri, and Advisor to the Royal office of Saud al-Qahtani.

US President, Donald trump declared that is dissatisfied with how Saudi Arabia treats murder Casucci. Earlier, the US President did not rule out sanctions against those responsible for the death of the journalist.

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