Saudi Arabia keen to invest in India

Peninsula Quatar 11 February 2013

Saudi Arabia is keen to promote commerce and investment with India, especially in Andhra Pradesh, Ambassador Saud Mohammed Al Sati said, saying the oil-rich kingdom was "investing heavily” abroad.

After a two-day visit to Hyderabad, Al Sati said in an interview: "Hyderabad is hub of innovation, information technology, biotechnology, engineering and pharmaceuticals. We can explore the opportunities for partnerships.” (continue reading...)