Pakistan-KSA ties gain momentum with focus on energy, minerals

News Image

MG News | January 30, 2026 at 04:34 PM GMT+05:00

January 30, 2026 (MLN): Pakistan and the Kingdom of Saudi Arabia (KSA) have reaffirmed their commitment to strengthening bilateral relations, with a focus on expanding cooperation in the energy and minerals sectors and enhancing economic partnership between the two countries.

In this regard, Federal Minister for Petroleum Ali Pervaiz Malik met with Nawaf bin Saeed Ahmad Al-Malkiy, Ambassador of the Kingdom of Saudi Arabia to Pakistan.

The meeting reviewed ongoing collaboration and explored new avenues for mutually beneficial investment, particularly in the fields of energy and mineral development, according to a press release issued.

Both sides underscored the importance of deepening economic and strategic ties, agreeing to work closely to promote sustainable development, technology exchange, and increased investment.

The Saudi ambassador appreciated Pakistan’s active participation in the recently held Future Minerals Forum in Riyadh and emphasized continued engagement to advance cooperation in the minerals sector.

The federal minister congratulated the Kingdom on the successful organization of the forum, noting that it provides valuable opportunities for regional collaboration.

He highlighted the vast potential for Pakistan and Saudi Arabia to further strengthen cooperation in both the energy and minerals domains.

Expressing confidence in the longstanding brotherly relations between the two countries, both sides agreed to maintain close coordination to translate shared commitments into tangible outcomes in the coming period.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 177,322.78
218.45M
-0.03%
-47.93
ALLSHR 107,545.62
611.68M
-0.16%
-170.58
KSE30 52,748.13
109.41M
-0.15%
-79.11
KMI30 250,923.14
114.37M
-0.26%
-656.80
KMIALLSHR 69,357.47
341.55M
-0.25%
-170.67
BKTi 50,191.95
23.34M
-0.24%
-121.95
OGTi 36,022.65
8.50M
-1.33%
-487.29
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 79,435.00 80,590.00
78,525.00
915.00
1.17%
BRENT CRUDE 88.30 88.66
86.22
0.46
0.52%
RICHARDS BAY COAL MONTHLY 110.30 0.00
0.00
0.85
0.78%
ROTTERDAM COAL MONTHLY 124.80 0.00
0.00
0.60
0.48%
USD RBD PALM OLEIN 1,228.00 1,228.00
1,228.00
0.00
0.00%
CRUDE OIL - WTI 82.34 82.62
80.65
0.11
0.13%
SUGAR #11 WORLD 17.82 17.90
17.55
0.23
1.31%

Chart of the Day


Latest News
August 27, 2026 at 05:15 PM GMT+05:00

APAG IPO fully subscribed on first day


August 27, 2026 at 04:28 PM GMT+05:00

SRVI profit jumps 24% to nearly Rs10bn in 1HCY26


August 27, 2026 at 04:22 PM GMT+05:00

PSX Closing Bell: A Little Offbeat


August 27, 2026 at 04:11 PM GMT+05:00

UPFL profit soars 40% to Rs4bn in 1HCY26


August 27, 2026 at 04:08 PM GMT+05:00

DGKC FY26 profit jumps 25%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg