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|| Saudi investors to boost Russian ties

Bloomberg is reporting that a Saudi delegation will visit the oil-rich majority-Muslim province of Bashkortostan in central Russia to explore opportunities - quoting regional President Rustem Khamitov.

Russian billionaire Vladimir Yevtushenkov’s AFK Sistema holding company plans to invest $3.5 billion in the next three years to upgrade oil refineries in Bashkortostan.

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More details follows from Bloomberg

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