Pakistan 🇵🇰 will soon sign agreements worth around $2 billion with Saudi Arabia 🇸🇦 in trade and investment.

Pakistan is set to sign agreements worth approximately $2 billion with Saudi Arabia, as announced by Prime Minister Shehbaz Sharif. This significant development is expected to occur during the visit of a high-level Saudi delegation, led by Minister for Investment Khalid Bin Abdulaziz Al-Falih, from October 9 to 11, 2024. The delegation's visit comes ahead of the Shanghai Cooperation Organisation (SCO) summit that Pakistan will host on October 15-16.

Key Highlights​

• Agreements Overview: The agreements are aimed at strengthening economic ties between Pakistan and Saudi Arabia, involving both government and private sector representatives. Discussions will likely cover various sectors, including energy investments and infrastructure development.
• Saudi Delegation Composition: The delegation includes representatives from 32 leading Saudi firms, indicating a robust interest in exploring multi-billion dollar investments in Pakistan.
• Economic Context: This collaboration is part of broader efforts by Pakistan to enhance its economic stability, particularly following the successful negotiation of an IMF loan facility, supported by Saudi Arabia, China, and the UAE.
• Future Prospects: The agreements are expected to pave the way for increased trade and investment flows between the two nations, further solidifying their bilateral relationship.

This partnership reflects Pakistan's ongoing efforts to attract foreign investment and bolster its economy amid various challenges.

 

[HaiderAfan]

Pakistan is set to sign agreements worth approximately $2 billion with Saudi Arabia, as announced by Prime Minister Shehbaz Sharif. This significant development is expected to occur during the visit of a high-level Saudi delegation, led by Minister for Investment Khalid Bin Abdulaziz Al-Falih, from October 9 to 11, 2024. The delegation's visit comes ahead of the Shanghai Cooperation Organisation (SCO) summit that Pakistan will host on October 15-16.

Key Highlights​

• Agreements Overview: The agreements are aimed at strengthening economic ties between Pakistan and Saudi Arabia, involving both government and private sector representatives. Discussions will likely cover various sectors, including energy investments and infrastructure development.
• Saudi Delegation Composition: The delegation includes representatives from 32 leading Saudi firms, indicating a robust interest in exploring multi-billion dollar investments in Pakistan.
• Economic Context: This collaboration is part of broader efforts by Pakistan to enhance its economic stability, particularly following the successful negotiation of an IMF loan facility, supported by Saudi Arabia, China, and the UAE.
• Future Prospects: The agreements are expected to pave the way for increased trade and investment flows between the two nations, further solidifying their bilateral relationship.

This partnership reflects Pakistan's ongoing efforts to attract foreign investment and bolster its economy amid various challenges.


View attachment 1033005

Pakistan is set to discuss $11.7 billion refinery projects with
Saudi investors this week. These talks aim to strengthen energy ties
and boost refinery capacity to meet domestic fuel demands.

 

[AbdulQadir7]

Pakistan is set to sign agreements worth approximately $2 billion with Saudi Arabia, as announced by Prime Minister Shehbaz Sharif. This significant development is expected to occur during the visit of a high-level Saudi delegation, led by Minister for Investment Khalid Bin Abdulaziz Al-Falih, from October 9 to 11, 2024. The delegation's visit comes ahead of the Shanghai Cooperation Organisation (SCO) summit that Pakistan will host on October 15-16.

Key Highlights​

• Agreements Overview: The agreements are aimed at strengthening economic ties between Pakistan and Saudi Arabia, involving both government and private sector representatives. Discussions will likely cover various sectors, including energy investments and infrastructure development.
• Saudi Delegation Composition: The delegation includes representatives from 32 leading Saudi firms, indicating a robust interest in exploring multi-billion dollar investments in Pakistan.
• Economic Context: This collaboration is part of broader efforts by Pakistan to enhance its economic stability, particularly following the successful negotiation of an IMF loan facility, supported by Saudi Arabia, China, and the UAE.
• Future Prospects: The agreements are expected to pave the way for increased trade and investment flows between the two nations, further solidifying their bilateral relationship.

This partnership reflects Pakistan's ongoing efforts to attract foreign investment and bolster its economy amid various challenges.


View attachment 1033005

A high-level Saudi delegation, led by Investment Minister Khalid Al-Falih, will arrive in
Pakistan tomorrow for a two-day visit, expected to sign $2 billion agreements
ahead of the SCO summit in Islamabad

 

[sidkhan2]

Pakistan is set to sign agreements worth approximately $2 billion with Saudi Arabia, as announced by Prime Minister Shehbaz Sharif. This significant development is expected to occur during the visit of a high-level Saudi delegation, led by Minister for Investment Khalid Bin Abdulaziz Al-Falih, from October 9 to 11, 2024. The delegation's visit comes ahead of the Shanghai Cooperation Organisation (SCO) summit that Pakistan will host on October 15-16.

Key Highlights​

• Agreements Overview: The agreements are aimed at strengthening economic ties between Pakistan and Saudi Arabia, involving both government and private sector representatives. Discussions will likely cover various sectors, including energy investments and infrastructure development.
• Saudi Delegation Composition: The delegation includes representatives from 32 leading Saudi firms, indicating a robust interest in exploring multi-billion dollar investments in Pakistan.
• Economic Context: This collaboration is part of broader efforts by Pakistan to enhance its economic stability, particularly following the successful negotiation of an IMF loan facility, supported by Saudi Arabia, China, and the UAE.
• Future Prospects: The agreements are expected to pave the way for increased trade and investment flows between the two nations, further solidifying their bilateral relationship.

This partnership reflects Pakistan's ongoing efforts to attract foreign investment and bolster its economy amid various challenges.


View attachment 1033005

Pakistan-Saudi Arabia COAS General Syed Asim Minister meets Khalid Bin
Abdulaziz Al Falih, Minister of Investment, Kingdom of Saudi Arabia
along with 130 Saudi investors, who will be investing in Pakistan.

 

[AbdulQadir7]

Saudi Arabia has announced a significant plan to allocate $200 billion in
annual construction and material procurement contracts to Pakistani firms.

 

[sidkhan2]

Pakistan-Saudi Arabia COAS General Syed Asim Minister meets Khalid Bin
Abdulaziz Al Falih, Minister of Investment, Kingdom of Saudi Arabia
along with 130 Saudi investors, who will be investing in Pakistan.
View attachment 1033047

The meltdown of a certain lot is hilarious that resorted to memes/low tropes only
Malaysian PM was in
UK cricket team is playing in Pakistan
SCO is about to happenA high-level delegation from KSA is in
led by min for investment KSA
The man means business

 

[HaiderAfan]

Pakistan is set to sign agreements worth approximately $2 billion with Saudi Arabia, as announced by Prime Minister Shehbaz Sharif. This significant development is expected to occur during the visit of a high-level Saudi delegation, led by Minister for Investment Khalid Bin Abdulaziz Al-Falih, from October 9 to 11, 2024. The delegation's visit comes ahead of the Shanghai Cooperation Organisation (SCO) summit that Pakistan will host on October 15-16.

Key Highlights​

• Agreements Overview: The agreements are aimed at strengthening economic ties between Pakistan and Saudi Arabia, involving both government and private sector representatives. Discussions will likely cover various sectors, including energy investments and infrastructure development.
• Saudi Delegation Composition: The delegation includes representatives from 32 leading Saudi firms, indicating a robust interest in exploring multi-billion dollar investments in Pakistan.
• Economic Context: This collaboration is part of broader efforts by Pakistan to enhance its economic stability, particularly following the successful negotiation of an IMF loan facility, supported by Saudi Arabia, China, and the UAE.
• Future Prospects: The agreements are expected to pave the way for increased trade and investment flows between the two nations, further solidifying their bilateral relationship.

This partnership reflects Pakistan's ongoing efforts to attract foreign investment and bolster its economy amid various challenges.


View attachment 1033005

https://twitter.com/x/status/1844400155513995764

 

[Akbar26]

Saudi Arabia’s well-known fast-food franchise AlBaik is finally making its way to Pakistan......

 

[Akbar26]

Saudi Aramco has officially opened its first retail gas station in Lahore, Pakistan, marking a significant expansion of its operations in the country. This development follows Aramco's acquisition of a 40% stake in Gas & Oil Pakistan Ltd. (GO), one of the largest energy retail players in Pakistan.

Key Highlights:​

• Inauguration Details: The new Aramco-branded gas station aims to provide high-quality fuel and services to customers in Lahore, reflecting the company's commitment to enhancing its presence in the Pakistani market.
• Strategic Investment: The establishment of this station is part of Aramco's broader strategy to invest in high-value markets. The company has been actively expanding its global footprint, and this move signifies its confidence in Pakistan's energy sector.
• Services Offered: The gas station will not only sell fuel but also offer various services, including convenience stores and automotive maintenance facilities, aiming to improve customer experience.
• Economic Impact: This investment is expected to create job opportunities and contribute to the local economy. It also signals a strengthening of economic ties between Saudi Arabia and Pakistan.
• Future Plans: Following the opening of the Lahore station, Aramco plans to expand its network further across Pakistan, enhancing access to quality fuel and services for consumers nationwide.

This launch represents a significant step for both Saudi Aramco and Pakistan's energy landscape, highlighting the potential for growth and collaboration in the sector.

 

[AbdulQadir7]

The Kingdom of Saudi Arabia (KSA) and Pakistan have expanded their partnership to $2.8 billion with seven new Memorandums of Understanding (MoUs), adding to the 27 MoUs signed earlier in October.