Prime Minister pitches bankable projects to attract Saudi investment

News Image

MG News | March 12, 2024 at 09:38 AM GMT+05:00

March 12, 2024 (MLN): The government’s priority is to transform the time-tested bilateral relations between Pakistan and Saudi Arabia into a mutually beneficial, strategic and economic partnership, with a focus on attracting Saudi investment for bankable projects in Pakistan, Prime Minister Shehbaz Sharif stated on Monday.

According to a press release issued on the same day, the PM made these remarks during a meeting with Nawaf bin Saeed Ahmad Al-Malkiy, Ambassador of the Kingdom of Saudi Arabia to Pakistan.

Given the special fraternal relationship between Pakistan and Saudi Arabia, the Prime Minister said the Saudi Ambassador was the first envoy he was receiving after the assumption of office.

The Prime Minister thanked the Saudi authorities for expanding the scope of the “Road to Makkah” initiative, which will facilitate Pakistani Hajj pilgrims.

While extending an invitation to the Prime Minister to visit Saudi Arabia, the Saudi Ambassador assured the Prime Minister of the Saudi leadership’s full support.

He said that Saudi Arabia would always remain a reliable partner for building a stronger and prosperous Pakistan.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 184,520.96
423.48M
0.26%
470.86
ALLSHR 111,273.74
986.42M
0.44%
483.91
KSE30 55,083.19
197.44M
0.25%
138.98
KMI30 261,314.51
141.59M
0.26%
679.64
KMIALLSHR 71,698.64
555.80M
0.45%
320.42
BKTi 51,680.94
85.40M
0.11%
56.48
OGTi 37,287.90
17.12M
0.93%
345.12
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 61,710.00 61,835.00
61,690.00
55.00
0.09%
BRENT CRUDE 71.56 71.92
70.14
-0.01
-0.01%
RICHARDS BAY COAL MONTHLY 107.50 0.00
0.00
0.30
0.28%
ROTTERDAM COAL MONTHLY 121.00 121.40
119.50
1.90
1.60%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 68.50 68.56
68.37
-0.19
-0.28%
SUGAR #11 WORLD 14.81 15.17
14.81
-0.18
-1.20%

Chart of the Day


Latest News
July 02, 2026 at 11:42 PM GMT+05:00

SBP reserves rise $611m to $16.53bn


July 02, 2026 at 09:17 PM GMT+05:00

SBP raises Rs615bn in Fixed Rate PIB Auction


July 02, 2026 at 09:03 PM GMT+05:00

TRG Saga: US Court Hands Victory to Zia Chishti


July 02, 2026 at 08:52 PM GMT+05:00

ECC approves key summaries on PASSCO, import policy



Top 5 things to watch in this week

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