Saudi Arabia keen to invest in India - 10 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...)