With the growing Saudi-Russian relations, by December 2017, the number of establishments increased to 23 with a total capital exceeding 104.6 million Saudi riyals, where most Russian investments are concentrated in the industrial sector, where the volume of investment in this sector reached 70 million Saudi riyals, equivalent to 67% of the total Russian investments, and during 2017, two licenses were granted with a total funding of 20.4 million riyals.

In this context, the Governor of the Saudi Arabian General Investment Authority (SAGIA), Eng. In the same context, the Governor of SAGIA, Eng. Ibrahim Al-Omar, reviewed with the Chairman of the Russian-Saudi Business Council and Chairman of Sistema, Mr. Vladimir Yevtushenkov, SAGIA's strategy aimed at improving the local and foreign investment environment in the Kingdom, its role in achieving the Kingdom's Vision 2030 and its plans to raise the Kingdom's global competitiveness, as well as investment opportunities and the possibility of increasing the volume of exchange and partnership from both sides.

For his part, the Russian delegation reviewed the investment opportunities and the possibility of increasing the volume of exchange and partnership between the two sides. For its part, the Russian delegation presented its potential in a number of sectors, where Russian investors expressed their desire to invest in the investment opportunities reviewed by the Authority, in light of the diversity of opportunities suitable for the objectives of the Kingdom's Vision 2030.

Russian investors expressed their desire to invest in the investment opportunities reviewed by the Authority. <It is worth mentioning that a high-level Russian delegation is visiting the Kingdom with the aim of enhancing joint investments between the two countries and raising the levels of trade exchange between the two countries.