RDIF takes part in the Future Investment Initiative

Press release, 19.10.2018

Moscow, October 19, 2018 - A delegation from the Russian Direct Investment Fund (RDIF), the sovereign wealth fund of Russia, led by Kirill Dmitriev, CEO of RDIF, will take part in the Future Investment Initiative (FII), which will be held on 23-25 October 2018 in Riyadh, the capital of the Kingdom of Saudi Arabia.

Hosted under the patronage of Crown Prince of the Kingdom of Saudi Arabia, Mohammed Bin Salman Al Saud, the FII is one of the largest forums in the world and will be attended by some of the most influential representatives from business, government and society. RDIF has put together a representative delegation from Russia to participate in the Forum, which includes more than 30 leading Russian entrepreneurs and leaders of major Russian companies, as well as public figures. In addition, the Fund’s international partners from Europe and Asia will follow RDIF in attending the Forum.

Representatives from RDIF and the Russian delegation are planning to participate in the main sessions and discussions of the Forum, contribute to talks and consultations on their specialist fields, and meet with the leadership of the Kingdom and key Saudi partners.

As part of the Forum, RDIF, in cooperation with the Russian Museum, will present an exhibition of works by great 20th century Russian artists, Wassily Kandinsky and Pavel Filonov. RDIF and Saudi Aramco recently organized the first concert by a symphony orchestra in the Kingdom − the Mariinsky Theater conducted by maestro Valery Gergiev.

Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), noted:
“Relations between the Russian Federation and Saudi Arabia are rapidly developing. The Kingdom is carrying out a reform process that is important not only for the Middle East region, but the whole world. We appreciate the constructive dialogue and are happy to share experiences, identify new joint projects and discuss promising areas for the development of comprehensive cooperation between a wide range of partners from Russia, Saudi Arabia and other countries.”

***

Russian Direct Investment Fund (RDIF) is Russia's sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF’s management company is based in Moscow. Further information can be found at www.rdif.ru

For additional information contact:
Arseniy Palagin
Russian Direct Investment Fund
Press Secretary
Tel: +7 495 644 34 14, ext. 2395
Mobile: +7 916 110 31 41
E-mail: arseniy.palagin@rdif.ru

Andrew Hayes / Andrew Leach
Hudson Sandler
Tel: +44 (0) 20 7796 4133