Saudi Arabia's investments in India on track despite economic downturn, says Ambassador Saud bin Mohammed Al Sati

The HinduDated: May 04, 2020


Despite a massive 50% drop in oil revenues and a downturn in the economy, Saudi Arabia’s investments in India will not be affected, the Kingdom’s Ambassador to India Saud bin Mohammed Al Sati said in a written interview. At a time when a UN body has predicted a cut in about 1.7 million jobs in the Gulf region due to GDP losses the envoy says that worries of retrenchments are premature, but added that the Saudi government is working with India on the repatriation of those who need to return.

What measures has Kingdom of Saudi Arabia (KSA) adopted to counter the virus? Has KSA, like Kuwait and UAE requested Indian medical teams to help manage the situation, and also treat Indians who may be affected?

There are a large number of expatriates living in Saudi Arabia, which includes around three million Indians. As per King Salman’s Royal decree, the Kingdom is providing coronavirus related medical care free of charge to all residents in the country, including those who are staying illegally in the Kingdom.

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