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Malaysia rolls out red carpet for Saudi king

Published Sun, Feb 26, 2017 · 09:50 PM

    Kuala Lumpur

    MALAYSIA welcomed Saudi Arabia's King Salman on Sunday for the start of a rare, month-long Asian tour, where the monarch will build ties and seek to draw more investments to the oil-rich gulf nation.

    The visit is the first by a Saudi king to Malaysia in more than a decade, as the Arab nation courts Asian investors for the sale of a 5 per cent stake in state firm Aramco in 2018, expected to be the world's biggest IPO.

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