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 …

ISLAMABAD: Against a flurry of activities between Pakistan and Saudi Arabia to boost trade ties, Crown Prince Mohammed Bin Salman is expected to arrive in Pakistan this month to conclude deals being negotiated between Islamabad and Riyadh. According to Foreign Minister Ishaq Dar, dates for the visit had not been communicated to Pakistan, but media reports claimed that the visit was likely …

ISLAMABAD: A key Saudi delegation comprising dozens of investors has arrived in Islamabad on a three-day visit to explore investment opportunities, as Pakistan aims to court foreign investors to boost its exports in collaboration with Saudi companies. The delegation led by Saudi Deputy Investment Minister Ibrahim Almubarak was welcomed by Commerce Minister Jam Kamal and Petroleum Minister Musadik Malik at …

ISLAMABAD: Noting the importance of long-standing strategic and economic relations between Pakistan and Saudi Arabia, Deputy Prime Minister and Foreign Minister Ishaq Dar and Saudi Foreign Minister Prince Faisal bin Farhan Al Saud reaffirmed the resolve to further enhance economic cooperation and Saudi investments in Pakistan. Mr Dar held a meeting with the Saudi foreign minister on the sidelines of …

ISLAMABAD: Riyadh told Islamabad on Monday that Saudi agriculture companies were looking at Pakistan with great interest and expressed the hope that both countries would benefit from joint ventures for improving the value chain of agriculture economy. This transpired at Prime Min­ister Shehbaz Sharif’s meeting with Faisal Al-Ibrahim, Minister of Economy and Planning, and Eng Abdulrahman Abdulmohsen Al-Fadley, Minister of …