Russia’s RDIF enhances investment in KSA with support of green initiatives

JEDDAH: Russia’s Direct Investment Fund (RDIF), the country’s sovereign wealth fund, said it would work with Saudi Arabia’s Public Investment Fund (PIF) to invest in the Kingdom’s green initiatives.

RDIF CEO Kirill Dmitriev said: “RDIF is very impressed with Saudi Arabia’s Green Initiative, announced by Crown Prince Mohammed bin Salman. Russia and Saudi Arabia will continue (our) strategic partnership in many areas including the Green Initiative.”