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UAE invests $1bn in Russia

UAE invests $1bn in Russia
(Photo Credit: Arabianeye-Reuters)

Mubasher: The UAE has invested more than $1 billion in a number of projects in Russia in the past few years through the Russian Direct Investment Fund (RDIF), TASS Russian news agency quoted Industry and Trade Minister Denis Manturov as saying.

Russia is in talks to supply "several dozen" Su-35 jet fighters to the UAE, Manturov added.