Tuesday, 02 January 2024 12:17 GMT

Saudi Arabia, India formalize USD750m fund


Date:

(MENAFN) Saudi Arabia and India have formalized the structuring of a USD750 million investment fund, Saudi Gazette reported



The Saudi-Indian Investment Fund was first announced by the Indian Prime Minister during a visit to the kingdom in 2010



Saudi Arabia is India"s fourth-largest trading partner with USD43.78 billion in the 2012\2013 year



Two-way trade between them hit USD32.7 billion in the April-November period of the 2013\2014 fiscal year

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