Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman have agreed to work together in several sectors.
The agreement was reached during Mr Putin's visit to Saudi Arabia on Wednesday evening, following his state visit to the UAE earlier in the day.
Russia and Saudi Arabia will now enhance their co-operation in the oil and gas sector, as well as in other fields including food security, space exploration, tourism and health.
Mr Putin was received by Prince Mohammed at Al-Yamamah Palace in Riyadh, the Saudi Press Agency reported on Thursday.
"[They] held an official session of talks, during which they reviewed the historical and strategic relations between the two friendly countries, and ways to develop them in all fields," the SPA said.
"Views were exchanged on the overall current regional and international situations."
Mr Putin congratulated Saudi Arabia on recently being selected as the hosts for Expo2030, which will be held in Riyadh.
"The two sides stressed their keenness to continue working to enhance mutual and joint investments in the two countries, enable the private sector, exchange visits, hold joint investment forums and events, develop the investment-attractive environment, provide the necessary enablers, and solve any challenges in this field," the SPA said.
Russia also welcomed the resumption of diplomatic relations between Saudi Arabia and Iran.
"Regarding defence and security, the two sides agreed to enhance defence co-operation, in a way that supports and achieves common interests between the two countries," the SPA reported.
"They affirmed their desire to strengthen existing security co-operation and co-ordination on issues of common interest, including combating crime in all its forms, combating terrorism and extremism and their financing, and exchanging information to confront terrorist organisations, in a way that achieves security and stability in the two countries."
The war between Israel and Gaza was also discussed during the meeting between Prince Mohammed and Mr Putin, leading to calls for a ceasefire.
"The two sides discussed developments in the situation in Palestine, expressed their deep concern about the humanitarian catastrophe in Gaza, and stressed the need to stop military operations in the Palestinian territories, and the need to protect civilians in accordance with international law and international humanitarian law," the SPA reported.
"They stressed the need to enable international humanitarian organisations to play their role in providing humanitarian and relief aid to the Palestinian people."
The conflict between Russia and Ukraine was another topic of discussion.
"Regarding the crisis in Ukraine, the Russian side expressed its appreciation for the humanitarian and political efforts undertaken by Prince Mohammed including the release of a number of prisoners of different nationalities, and the ongoing efforts in this regard," the SPA said.
COMPANY PROFILE
Name: Akeed
Based: Muscat
Launch year: 2018
Number of employees: 40
Sector: Online food delivery
Funding: Raised $3.2m since inception
Our family matters legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
MATCH INFO
Bayern Munich 2 Borussia Monchengladbach 1
Bayern: Zirkzee (26'), Goretzka (86')
Gladbach: Pavard (37' og)
Man of the Match: Breel Embolo (Borussia Monchengladbach)
UAE%20SQUAD
%3Cp%3EMuhammad%20Waseem%20(captain)%2C%20Aayan%20Khan%2C%20Aryan%20Lakra%2C%20Ashwanth%20Valthapa%2C%20Asif%20Khan%2C%20Aryansh%20Sharma%2C%20CP%20Rizwaan%2C%20Hazrat%20Billal%2C%20Junaid%20Siddique%2C%20Karthik%20Meiyappan%2C%20Rohan%20Mustafa%2C%20Vriitya%20Aravind%2C%20Zahoor%20Khan%20and%20Zawar%20Farid.%3C%2Fp%3E%0A
The specs
Engine: 5.2-litre V10
Power: 640hp at 8,000rpm
Torque: 565Nm at 6,500rpm
Transmission: 7-speed dual-clutch auto
Price: From Dh1 million
On sale: Q3 or Q4 2022
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Recent winners
2002 Giselle Khoury (Colombia)
2004 Nathalie Nasralla (France)
2005 Catherine Abboud (Oceania)
2007 Grace Bijjani (Mexico)
2008 Carina El-Keddissi (Brazil)
2009 Sara Mansour (Brazil)
2010 Daniella Rahme (Australia)
2011 Maria Farah (Canada)
2012 Cynthia Moukarzel (Kuwait)
2013 Layla Yarak (Australia)
2014 Lia Saad (UAE)
2015 Cynthia Farah (Australia)
2016 Yosmely Massaad (Venezuela)
2017 Dima Safi (Ivory Coast)
2018 Rachel Younan (Australia)
Countries recognising Palestine
France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra
Story%20behind%20the%20UAE%20flag
%3Cp%3EThe%20UAE%20flag%20was%20first%20unveiled%20on%20December%202%2C%201971%2C%20the%20day%20the%20UAE%20was%20formed.%C2%A0%3C%2Fp%3E%0A%3Cp%3EIt%20was%20designed%20by%20Abdullah%20Mohammed%20Al%20Maainah%2C%2019%2C%20an%20Emirati%20from%20Abu%20Dhabi.%C2%A0%3C%2Fp%3E%0A%3Cp%3EMr%20Al%20Maainah%20said%20in%20an%20interview%20with%20%3Cem%3EThe%20National%3C%2Fem%3E%20in%202011%20he%20chose%20the%20colours%20for%20local%20reasons.%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20black%20represents%20the%20oil%20riches%20that%20transformed%20the%20UAE%2C%20green%20stands%20for%20fertility%20and%20the%20red%20and%20white%20colours%20were%20drawn%20from%20those%20found%20in%20existing%20emirate%20flags.%3C%2Fp%3E%0A
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
TO%20CATCH%20A%20KILLER
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TOURNAMENT INFO
Women’s World Twenty20 Qualifier
Jul 3- 14, in the Netherlands
The top two teams will qualify to play at the World T20 in the West Indies in November
UAE squad
Humaira Tasneem (captain), Chamani Seneviratne, Subha Srinivasan, Neha Sharma, Kavisha Kumari, Judit Cleetus, Chaya Mughal, Roopa Nagraj, Heena Hotchandani, Namita D’Souza, Ishani Senevirathne, Esha Oza, Nisha Ali, Udeni Kuruppuarachchi
'Gold'
Director:Anthony Hayes
Stars:Zaf Efron, Anthony Hayes
Rating:3/5