• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Released American schoolteacher Marc Fogel reacts during an event held by U.S. President Donald Trump to welcome back Fogel, who had been held in Russia since 2021, at the White House in Washington, D.C., U.S., February 11, 2025.  Kevin Lamarque
Released American schoolteacher Marc Fogel reacts during an event held by U.S. President Donald Trump to welcome back Fogel, who had been held in Russia since 2021, at the White House in Washington, D.C., U.S., February 11, 2025. Kevin Lamarque
Home
World
United States

Saudi crown prince, Russia's wealth fund chief were involved in US prisoner release, source says

February 12th, 2025 | 15:05 PM WORLD United States 3

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Trump the builder carves his legacy in stone as pressures mount
Washington Dulles airport gains approval for $19.9 billion overhaul
IndyCar race comes to Washington, tracing a city reshaped by Trump
Trump put thousands of soldiers on Washington’s streets. They seldom stop crime  
By Reuters

Saudi Crown Prince Mohammed bin Salman and Russia's sovereign wealth fund chief Kirill Dmitriev were involved in negotiations for the release of U.S. teacher Marc Fogel from a Russian prison, a source close to the negotiations between Russia and the United States told Reuters on condition of anonymity.

The Kremlin could not be reached for immediate comment. The Saudi embassy in Moscow did not immediately reply to a request for comment.

The Saudi crown prince, also known as MbS, helped to negotiate the biggest U.S.-Russian prisoner swap since the Cold War in August 2024.

That deal, worked on in secrecy for more than a year, involved 24 prisoners - 16 moving from Russia to the West, including U.S. journalist Evan Gershkovich, and eight sent back to Russia from the West.

U.S. President Donald Trump's Middle East envoy, Steve Witkoff, took Fogel back to the United States from Moscow on Tuesday after an unannounced stop in Russia.

Witkoff was quoted by a CNN reporter on X as saying that MbS was "instrumental as well" and that "a gentleman from Russia" by the name of Kirill "had a lot to do with this".

Russian President Vladimir Putin, who visited Saudi Arabia in 2023, said last September that he was grateful to Mohammed bin Salman for his role in the previous exchange.

Putin and Mohammed bin Salman have fostered a close personal relationship since 2015 when the prince visited Russia for the first time. Reuters reported this month that Saudi Arabia is seen by Russia as a possible venue for a Russia-U.S. summit.

Dmitriev, a U.S.-educated, former Goldman Sachs banker and now CEO of the Russian Direct Investment Fund (RDIF), played a role in early contacts between Moscow and Trump's team when he was first elected president in 2016.

Dmitriev also was involved in steps leading to the release of U.S. investment banker Michael Calvey from a Russian prison in 2019. He called Calvey a professional investor and personally vouched for him.

RDIF and Dmitriev declined to comment to Reuters on his participation in Fogel's release.

Putin and Trump spoke on Wednesday, the Kremlin said, discussing an end to the war in Ukraine. The two leaders agreed to meet in the future and Putin invited Trump to Moscow, according to the Kremlin.

"Today, the leaders of the U.S. and Russia have possibly opened a door to a future shaped by cooperation, not confrontation," Dmitriev told reporters in comments after the call.

  • Topic
  • Russia
  • USA/TALKS (UPDATE 2, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Trump the builder carves his legacy in stone as pressures mount

Related Posts

United States
August 19th, 2026

Trump the builder carves his legacy in stone as pressures mount

United States
August 19th, 2026

Washington Dulles airport gains approval for $19.9 billion overhaul

United States
August 19th, 2026

IndyCar race comes to Washington, tracing a city reshaped by Trump

United States
August 19th, 2026

Trump put thousands of soldiers on Washington’s streets. They seldom sto...

United States
August 18th, 2026

DOJ issues subpoenas in probe of Alaska candidate with same name as Sena...

United States
August 18th, 2026

US housing market remains under pressure in July; factory output rises

The Wire
Aug 20th 1 h ago
Investigates

In China, rocket launches fuel tourism and space-age dreams

Aug 19th 2 h ago
Asia Pacific

Japan exports rise 23.2% year/year in July

Aug 19th 2 h ago
Baseball

D-backs score twice in 10th, salvage series finale at Red S...

Aug 19th 3 h ago
Government

US tells schools not to alter discipline policies to reduce...

Aug 19th 3 h ago
Transactional

China tax crackdown forces wealthy investors to assess thei...

TRENDING ON FINANCETIME
Aug 19th, 2026 Tennis

Paul ousts top seed Zverev to reach Cincinnati quarter-finals

Aug 19th, 2026 Litigation

AIA Group's first-half new business value rises 10%

Aug 19th, 2026 Energy

Brazil's largest thermal power plant shut down after equipment failure

Aug 19th, 2026 United Kingdom

Key moments in Prince Harry and Meghan's six years in California

Aug 19th, 2026 Sports

Orioles reinstate C Samuel Basallo (shoulder) to active roster

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT