
Business
Saudi Delegation Arrives in Pakistan to Explore Opportunities
A high-level business delegation from Saudi Arabia, led by the Deputy Investment Minister, is arriving in Pakistan today to explore investment opportunities in the country.
The delegation, comprising representatives from 30-35 companies, will attend a three-day Pakistan-Saudi Arabia investment conference starting on Monday in Islamabad.
The visit comes after a delegation of 100 members visited Pakistan last month, with a focus on enhancing bilateral ties.
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Saudi Foreign Minister Prince Faisal bin Farhan Al Saud had expressed confidence that the visit would deliver significant benefits for both countries in the coming months.
Petroleum Minister Musadik Malik, who is also the focal person for Saudi-Pak bilateral collaboration, said that the delegation will discuss investment opportunities in the private sector, IT revolution, and agricultural sector.
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A new refinery project for export purposes and food security initiatives are also on the agenda.
The visit is seen as a significant step towards strengthening economic ties between Pakistan and Saudi Arabia, with the potential to attract significant investment and boost Pakistan’s economy.