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Russia eyes multi-million-dollar Saudi investment deals, Aramco IPO

Reuters  |  RIYADH 

By Rania El GamalRIYADH (Reuters) - Russia is seeking to finalise multi-million-dollar investment deals with Saudi Arabia in the next three months including partnerships with state oil giant Aramco, Russia's top state investment officer said on Wednesday.Russian banks and a Russian-Chinese investment fund are also keen to take part in Aramco's initial public offering (IPO), the head of the Russian Direct Investment Fund, Kirill Dmitriev, told reporters, reiterating comments he made last month.The move is aimed at strengthening energy ties between the two major oil producers.Dmitriev told ...

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First Published: Wed, February 14 2018. 17:14 IST