Saudi Crown Prince Mohammed bin Salman arrived in Buenos Aires on Wednesday for the meeting of G20 leaders this weekend.
The crown prince's trip to Argentina follows a tour of Arab countries that included the UAE, Bahrain, Egypt and Tunisia.
Prince Mohammed and Russian President Vladimir Putin are expected to hold talks on the sidelines of the summit, according to people familiar with the plan.
Their meeting comes as Saudi Arabia is under international scrutiny over the killing of journalist Jamal Khashoggi and days before a crucial meeting of Opec and allied oil producers in Vienna. Saudi Arabia will try to persuade Russia to co-operate on curbing crude output next year following oil's plunge back into a bear market.
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US President Donald Trump, who has built much of his Middle East strategy around an alliance with Saudi Arabia, has no plan for a one-on-one meeting with Prince Mohammed, the White House said on Tuesday.
But Prince Mohammed's meeting with Mr Putin will be closely watched in oil markets. Talks between the two leaders helped secure historic production cuts in 2016 that rescued prices from a multiyear slump.
Co-operation between Russia and Saudi Arabia has been "highly successful not only to stabilise oil prices but to build significant mutual trust and the mechanisms for further Opec co-ordination", said the chief executive of the state-run Russian Direct Investment Fund, Kirill Dmitriev, who will be taking part in talks with Saudi officials in Buenos Aires.
Russia and Saudi Arabia are de facto leaders of the alliance between the Organisation of Petroleum Exporting Countries’ and other oil exporters. After agreeing in June to boost output to offset supply losses from Iran and Venezuela, the countries now have different positions on whether action is needed to stem the price fall.
While Saudi Arabia has called for broad output cuts and warned of an emerging glut, Russia has stuck to a wait-and-see approach, saying further market monitoring is needed before any decision is taken.
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Company%20Profile
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Ad Astra
Director: James Gray
Stars: Brad Pitt, Tommy Lee Jones
Five out of five stars
Scoreline
Bournemouth 2
Wilson 70', Ibe 74'
Arsenal 1
Bellerin 52'
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Company%20Profile
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MATCH INFO
Serie A
Juventus v Fiorentina, Saturday, 8pm (UAE)
Match is on BeIN Sports
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
Thank You for Banking with Us
Director: Laila Abbas
Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum
Rating: 4/5
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Results
2.15pm: Handicap Dh80,000 1,950m
Winner: Hello, Tadhg O’Shea (jockey), Ali Rashid Al Raihi (trainer).
2.45pm: Handicap Dh90,000 1,800m
Winner: Right Flank, Pat Dobbs, Doug Watson.
3.15pm: Handicap Dh115,000 1,000m
Winner: Leading Spirit, Richard Mullen, Satish Seemar.
3.45pm: Jebel Ali Mile Group 3 Dh575,000 1,600m
Winner: Chiefdom, Royston Ffrench, Salem bin Ghadayer.
4.15pm: Handicap Dh105,000 1,400m
Winner: Ode To Autumn, Patrick Cosgrave, Satish Seemar.
4.45pm: Shadwell Farm Conditions Dh125,000 1,200m
Winner: Last Surprise, James Doyle, Simon Crisford.
5.15pm: Handicap Dh85,000 1,200m
Winner: Daltrey, Sandro Paiva, Ali Rashid Al Raihi.
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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The biog
Name: Gul Raziq
From: Charsadda, Pakistan
Family: Wife and six children
Favourite holes at Al Ghazal: 15 and 8
Golf Handicap: 6
Childhood sport: cricket
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