Home / Asia / Malaysia rolls out red runner as Saudi aristocrat kicks off Asia tour

Malaysia rolls out red runner as Saudi aristocrat kicks off Asia tour


KUALA LUMPUR/DUBAI Malaysia welcomed Saudi Arabia’s King Salman on Sunday for a start of a rare, month-long Asian tour, where a sovereign will build ties and find to pull some-more investments to a oil-rich cove nation.

The revisit is a initial by a Saudi aristocrat to Malaysia in some-more than a decade, as a Arab republic courts Asian investors for a sale of a 5 percent interest in state organisation Aramco in 2018, approaching to be a world’s biggest IPO.

Malaysian state radio on Sunday showed live footage of a octogenarian aristocrat forward from his craft on an escalator flown in with his delegation. He was perceived by Malaysian Prime Minister Najib Razak before being whisked divided in a heavily rhythmical procession for a state rite during Malaysia’s council grounds.

The personality was greeted in council with a 21-gun salute, internal media reported.

King Salman also skeleton to revisit Indonesia, Brunei, Japan, China, a Maldives and Jordan “to accommodate with a leaders of those countries to plead shared family and informal and general issues of common concern,” a stately justice matter carried on Saudi Arabia’s state media SPA reported.

Government sources with believe of a revisit pronounced a 600-strong commission will accompany a aristocrat on his four-day revisit to Malaysia, where team-work on appetite developments will be on a agenda.

State oil organisation Petroliam Nasional Bhd (Petronas) and Saudi Aramco will pointer an agreement on Tuesday to combine in Malaysia’s Refinery and Petrochemical Integrated Development (RAPID) project, a boost for a Southeast Asian economy that has been disorder underneath diseased tellurian oil prices.

Relations between a dual countries have been in a spotlight over a final dual years after Saudi Arabia was dragged into a multi-billion dollar crime liaison during Malaysian state comment 1MDB, founded by Najib.

Najib has denied any indiscretion in a money-laundering box that is now being investigated by several countries including a U.S, Switzerland and Singapore.

A Malaysian supervision exploration found that scarcely $700 million eliminated to a Prime Minister’s bank comment in 2013 was a concession from a Saudi stately family and many of it was returned.

The final time a Saudi aristocrat visited Malaysia was in 2006, when King Abdullah, King Salman’s half-brother and predecessor, flew in with a 300-member delegation.

“Saudi Arabian investment in Malaysia is approaching to emanate thousands of jobs and we are unapproachable that Malaysian firms have been selected to commence projects during some of a many prestigious locations in Saudi Arabia,” Najib pronounced in a matter on Friday.

Besides roving with his possess private escalator, King Salman has also flown in dual personal cars. His environment has also totally requisitioned out 3 oppulance hotels in Kuala Lumpur for a generation of a visit.

After Malaysia, a King is approaching to transport to Jakarta and Bali in Indonesia from Mar 1-9 with an even incomparable environment of 1,500 people, followed by a outing to Japan from Mar 12 to 14, officials in those countries said.

King Salman is approaching to spend a final dual weeks of Mar on holiday in a Maldives, according to a Maldives diplomat. Local journal Mihaaru reported that 3 resorts have been indifferent for his stay.

(Additional stating by William Maclean in DUBAI; Editing by Praveen Menon and Lincoln Feast)

Article source: http://www.reuters.com/article/us-saudi-asia-malaysia-idUSKBN16505A

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