Saudi prince expects investment worth more than $100bn in India
The Kingdom also increases investment in Pakistan, after Western ties were strained
New Delhi — Saudi Arabia’s Crown Prince Mohammed bin Salman said he expected investment opportunities worth more than $100bn in India over the next two years as he began his first official visit amid tensions between arch foes India and Pakistan. India rolled out the red carpet for the crown prince as it seeks diplomatic support against Pakistan following a militant attack in the disputed region of Kashmir. The crown prince, whose country is facing frosty ties with Western countries after the killing of Saudi journalist Jamal Khashoggi, was also given a lavish welcome this week in Pakistan, where the two sides signed memoranda of understanding valued at about $20bn to help prop up Pakistan's economy. In a joint press appearance after talks with Indian Prime Minister Narendra Modi, the crown prince said terrorism was a common concern and Saudi Arabia was ready to share intelligence with India to tackle it. The two countries would start a security dialogue at the level of national sec...
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