OREANDA-NEWS Kirill Dmitriev, head of the Russian Direct Investment Fund, called the meeting between the presidents of the Russian Federation and the UAE important and noted that both sides plan to further increase investments.

Earlier, a RIA Novosti correspondent reported that talks between Putin and UAE President Mohammed bin Zayed Al Nahyan had begun in the Kremlin.

"A very important meeting with the UAE. They are our important investment partner," Dmitriev told reporters.


He said that RDIF, together with sovereign wealth funds and other investors from the UAE, has already made more than 60 investments in leading Russian companies in the infrastructure, technology, agriculture and many others sectors.

"We will continue to actively increase investments together with the Emirati side, including in the technology sector and the medical sector," he said.

Dmitriev said that Russia is open to the fact that many Russian medicines are manufactured and certified in the UAE.
"We see significant growth not only in trade turnover and joint investments, but also in those companies that are growing thanks to joint Russian-Emirati investments," he said, citing Yandex as an example.

"We will continue to actively invest together with the Emirati side," Dmitriev stressed.