RIYADH: Saudi Arabia’s Minister for Investment Sheikh Khalid Bin Abdul Aziz Al Faleh on Wednesday confirmed that the 27 memorandums of understanding (MoUs) signed during his visit to Pakistan in October had increased to 34, with five of them already operational. Speaking on the sidelines of the Future Investment Initiative (FII) event in Riyadh, the Saudi investment minister, alongside a …
RIYADH: Prime Minister Shehbaz Sharif on Tuesday championed the use of artificial intelligence (AI) as he underscored the importance of a knowledge-based economy driven by innovation in the domains of AI, education and health and called for collective global efforts and partnerships to overcome contemporary challenges. The prime minister arrived earlier today in Riyadh to attend the eighth edition of …
ISLAMABAD: Prime Minister Shehbaz Sharif will visit Saudi Arabia to attend the 8th Edition of the Future Investment Initiative (FII) being held in Riyadh from 29 to 30 October, the Ministry of Foreign Affairs said in a statement on Monday. According to the statement, the FII serves as an important platform for countries to showcase their economic strength, draw foreign …
ISLAMABAD: Saudi Arabia’s high-level government and business delegation, led by Minister Khalid bin Abdulaziz Al-Falih, met with Pakistan’s Chief of Army Staff, General Asim Munir, in Rawalpindi to discuss matters of mutual interest and strengthen the growing bilateral cooperation between the two countries. According to a statement issued by the Inter-Services Public Relations (ISPR), the meeting focused on efforts to …
A high-level Saudi delegation, headed by Khalid bin Abdulaziz Al-Falih, the Kingdom’s Investment Minister, arrived in Islamabad on Wednesday for a three-day visit aimed at finalising $2 billion in business-to-business (B2B) investment proposals. Petroleum Minister Musadik Malik and Commerce Minister Jam Kamal Khan, among other ministers, received the 130-member delegation at the Noor Khan Airbase. The delegation comprises representatives from …
ISLAMABAD: Pakistan is scheduled to sign agreements worth around $2 billion with a visiting Saudi delegation later this month, Prime Minister Shehbaz Sharif said on Tuesday. A delegation from Saudi Arabia is expected in the country before the Shanghai Cooperation Organisation (SCO) meeting that the country is hosting from Oct 15-16, he said. The Saudi delegation, led by Minister for …
BEIJING: President Xi Jinping pledged on Thursday to step up China’s support across debt-laden Africa with funding of nearly $51 billion over three years, backing for more infrastructure projects, and the creation of at least 1 million jobs. China was ready to step up cooperation with Africa in industry, agriculture, infrastructure, trade and investment, Xi told delegates from more than …
RAWALPINDI: Masjid-i-Nabvi Imam Dr Salah bin Mohammad Al-Budair on Friday highlighted Pakistan’s “significant place” in the Muslim world during a meeting with Chief of Army Staff General Asim Munir, the military’s media affairs wing said. The Imam had arrived in Islamabad a day ago on a seven-day goodwill visit. Pakistan and Saudi Arabia share a strong relationship, with officials from both …
ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Muhammad Ishaq Dar on Saturday held a meeting with the Ambassador of the Kingdom of Saudi Arabia, Nawaf al Maliki, to discuss the positive trajectory of relations between the two countries. During the meeting, the two sides discussed various issues, especially enhancing cooperation in different sectors including education, trade and investment. The …
BEIJING: On June 25, 2023, two China-funded prototype satellites of the MisrSat II satellite project were delivered to the Egyptian side, making Egypt the first African country with the capacity to assemble, integrate and test satellites. The project marked a landmark outcome of jointly building the Belt and Road Initiative between China and Arab countries. “China will work with the …