During Putin's visit to Abu Dhabi, Russia and the UAE have made new deals; the projects are worth about $1.5 billion.
Cooperation, according to the President, encompasses different areas.
In particular, Putin welcomed "UAE friends as shareholders of the company that produces Aurus luxury cars".
The Russian Direct Investment Fund and the Mubadala Investment Company are also making joint investments.
"The profit from them is significantly higher – sometimes three times as high – than the global standards. Investment is made in petrochemistry, transport and medicine", noted Putin.
During the Russian delegation's visit to the UAE, a number of cooperation agreements were signed by Russian and Emirati companies.
GSV "Russia - Islamic World"
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