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Middle East

Saudi Crown Prince: Investment opportunities in India exceed $100bn

Wednesday 20/February/2019 - 11:21 AM
	Saudi Crown Prince
Saudi Crown Prince & Indian PM
Investment opportunities for Saudi Arabia in India will exceed $100 billion، the country's Crown Prince Mohammed bin Salman said on Wednesday، The National reported.

Prince Mohammed added he is ready to for intelligence and political co-operation with India، shortly after signing an agreement for co-operation in tourism and technology.

"We hope that investment with India will create many job opportunities،" the Saudi royal said on Wednesday. "Saudi is not just a country that sells oil but is a state of investment."

"Saudi’s relationship with India goes back thousands of years. We’ve achieved significant returns by investing in India over the past few years،" he said.

Shortly before the start of the press conference، the two sides signed a joint agreement on fields including tourism and technology.

The leaders of India and Saudi Arabi signed five bilateral agreements at the event in New Delhi.

Prince Mohammed's trip to India comes after a visit to Pakistan where he agreed more than $20bn in investments and released more than 2،000 Pakistani prisoners at the request of their Prime Minister.


Edited By: Nada Moustafa

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