fbpx
Tuesday, November 19, 2024
Tuesday November 19, 2024
Tuesday November 19, 2024

Saudi minister: Pakistan is a high-priority investment opportunity

PUBLISHED ON

|

Saudi Investment Minister Ibrahim Al-Mubarak emphasizes Pakistan’s potential as a prime economic partner at an Islamabad conference

Pakistan and Saudi Arabia have deepened their economic and diplomatic ties, with recent high-level engagements promising significant investments in Pakistan’s key sectors. On May 6, 2024, a two-day investment conference began in Islamabad, showcasing the enthusiasm of a 50-member Saudi delegation led by Saudi Assistant Minister of Investment Ibrahim Al-Mubarak. The conference, focused on strengthening business-to-business relationships, is a critical step in the Kingdom’s commitment to expanding its global economic footprint, especially in Pakistan.

Al-Mubarak, in his opening speech, emphasized the Kingdom’s belief in Pakistan’s economic potential, citing its strategic location, natural resources, and human capital. The conference is aimed at creating partnerships between Saudi companies in fields like IT, energy, agriculture, and mining and their Pakistani counterparts. With recent government-to-government agreements in place and the promise of Crown Prince Mohammed bin Salman’s upcoming visit, the conference signals a new era of cooperation. Pakistan’s federal ministers highlighted their focus on fostering favourable conditions for foreign investment, especially with the establishment of the Special Investment Facilitation Council (SIFC), a body designed to attract foreign interest in critical sectors.

Arab News:

An article from *Arab News* detailed the ambitions of both countries to establish strong business partnerships. Al-Mubarak conveyed that Pakistan is a high-priority investment opportunity for Saudi Arabia. He praised Pakistan’s potential, calling it a prime destination for investment due to its resources and demographics. The conference was a platform for Saudi companies to connect directly with Pakistani businesses, opening doors to explore regulatory frameworks and investment incentives. Pakistan’s Petroleum Minister Dr. Musadik Malik emphasized that 125 Pakistani companies were negotiating with visiting Saudi counterparts.

Commerce Minister Jam Kamal Khan expressed optimism about joint ventures and collaboration across sectors like energy, IT, and construction. He reiterated that this is just the beginning, with a Pakistani delegation scheduled to visit Saudi Arabia to advance these partnerships. The Kingdom pledged a $5 billion investment package, reaffirmed during Prime Minister Sharif’s April visit to Riyadh, where he met with Saudi leaders to discuss economic partnerships. The close bilateral ties between the two nations, particularly in trade, defence, and remittances, have a solid foundation that makes these new economic initiatives promising.

Geo News:

In its analysis, *Geo News* highlighted Crown Prince Mohammed bin Salman’s expected visit to Islamabad between May 10 and 15. This significant diplomatic visit aims to finalize the $5 billion investment deal across various sectors. The Saudi delegation’s visit included 30 major companies exploring opportunities in agriculture, energy, and IT. Prior engagements between the two nations laid the groundwork for these investments, reinforced by earlier meetings between Sharif and Saudi leadership. The trip marks Prince Salman’s first visit to Pakistan since 2019, showing Saudi Arabia’s renewed commitment to strengthen ties.

A Saudi delegation, led by Deputy Investment Minister Ibrahim Al-Mubarak, arrived ahead of the crown prince to ensure smoother negotiations. The Saudi Foreign Minister Faisal Bin Farhan also recently visited Pakistan, underscoring the Kingdom’s intent to facilitate Pakistan’s economic growth.

Samaa TV:

Samaa TV reported on the investment conference, emphasizing the optimism of the Saudi delegation. Al-Mubarak underscored Saudi Arabia’s view of Pakistan as a favourable investment destination, expressing confidence that major Saudi companies could contribute to Pakistan’s growth. Federal Finance Minister Muhammad Aurangzeb lauded Pakistan’s stable currency and rising foreign reserves while emphasizing economic reforms. He stressed the importance of continuity in policies to sustain economic stability and highlighted the role of the Special Investment Facilitation Council.

Commerce Minister Jam Kamal noted the positive climate for investors and emphasized efforts to ensure successful negotiations between both countries. The SIFC’s National Coordinator, Lt. Gen. Sarfaraz Ahmed, reinforced the strategic relationship between the two nations, emphasizing Pakistan’s role as a global trade hub and its potential as a key partner for Saudi Arabia. The conference underscored the mutual dedication to fostering economic ties, translating this shared vision into concrete actions that benefit both economies.

190 COMMENTS

  1. Hi there! I know this is kinda off topic but I’d figured I’d ask. Would you be interested in trading links or maybe guest writing a blog article or vice-versa? My site discusses a lot of the same topics as yours and I feel we could greatly benefit from each other. If you happen to be interested feel free to send me an e-mail. I look forward to hearing from you! Awesome blog by the way!

  2. hi!,I like your writing very much! proportion we be in contact more about your post on AOL? I require an expert in this space to unravel my problem. May be that’s you! Taking a look ahead to peer you.

  3. Hi there! Do you know if they make any plugins to assist with Search Engine Optimization? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains. If you know of any please share. Cheers!

  4. Hey There. I found your weblog the use of msn. This is an extremely well written article. I’ll be sure to bookmark it and come back to learn extra of your helpful information. Thanks for the post. I will certainly return.

  5. Wow! This could be one particular of the most useful blogs We have ever arrive across on this subject. Actually Fantastic. I’m also an expert in this topic therefore I can understand your hard work.

  6. I¦ll right away grab your rss feed as I can not find your e-mail subscription link or newsletter service. Do you’ve any? Kindly let me understand in order that I could subscribe. Thanks.

  7. When I originally commented I clicked the -Notify me when new comments are added- checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove me from that service? Thanks!

  8. Thanks for another informative site. Where else could I get that type of info written in such an ideal way? I have a project that I’m just now working on, and I’ve been on the look out for such information.

  9. Good article and right to the point. I am not sure if this is in fact the best place to ask but do you guys have any thoughts on where to hire some professional writers? Thanks in advance 🙂

  10. I love your blog.. very nice colors & theme. Did you make this website yourself or did you hire someone to do it for you? Plz reply as I’m looking to create my own blog and would like to know where u got this from. thanks

  11. Great work! This is the type of information that should be shared around the internet. Shame on the search engines for not positioning this post higher! Come on over and visit my site . Thanks =)

  12. I’m not that much of a internet reader to be honest but your blogs really nice, keep it up! I’ll go ahead and bookmark your site to come back in the future. Many thanks

  13. I wanted to post a simple message in order to thank you for some of the unique tips you are showing at this website. My long internet investigation has at the end of the day been compensated with reputable suggestions to talk about with my visitors. I ‘d claim that many of us site visitors are quite fortunate to dwell in a superb community with very many perfect professionals with valuable suggestions. I feel very fortunate to have discovered the web page and look forward to plenty of more enjoyable times reading here. Thanks a lot once again for all the details.

  14. I like what you guys are up too. Such smart work and reporting! Carry on the excellent works guys I have incorporated you guys to my blogroll. I think it will improve the value of my web site :).

  15. A person essentially help to make severely posts I might state. That is the first time I frequented your website page and up to now? I surprised with the analysis you made to create this particular put up amazing. Excellent process!

  16. Hello, i read your blog from time to time and i own a similar one and i was just curious if you get a lot of spam responses? If so how do you protect against it, any plugin or anything you can suggest? I get so much lately it’s driving me mad so any support is very much appreciated.

  17. Only a smiling visitor here to share the love (:, btw great style and design. “Better by far you should forget and smile than that you should remember and be sad.” by Christina Georgina Rossetti.

  18. Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.

  19. I must convey my passion for your kind-heartedness in support of women who should have help with this one theme. Your personal dedication to getting the message across was remarkably informative and have without exception enabled guys much like me to get to their objectives. Your new important instruction indicates a whole lot a person like me and especially to my colleagues. With thanks; from all of us.

  20. I’m a Professional SEO Expert with over 10 years of industry experience, an SEO Specialist in White Hat SEO techniques, SMM, SEM, and Web Traffic, and a High Authority Backlinks/building expert. Please feel free to get in touch today and we can discuss your project and what you want to achieve

  21. I’m a Professional SEO Expert with over 10 years of industry experience, an SEO Specialist in White Hat SEO techniques, SMM, SEM, and Web Traffic, and a High Authority Backlinks/building expert. Please feel free to get in touch today and we can discuss your project and what you want to achieve

  22. Have you ever considered about adding a little bit more than just your articles? I mean, what you say is valuable and all. However think of if you added some great graphics or video clips to give your posts more, “pop”! Your content is excellent but with pics and video clips, this website could undeniably be one of the greatest in its field. Great blog!

  23. This is very interesting, You’re a very skilled blogger. I’ve joined your feed and look forward to seeking more of your wonderful post. Also, I’ve shared your site in my social networks!

  24. I truly enjoy reading on this internet site, it contains great content. “It is easy to be nice, even to an enemy – from lack of character.” by Dag Hammarskjld.

  25. Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You clearly know what youre talking about, why waste your intelligence on just posting videos to your blog when you could be giving us something enlightening to read?

  26. Welcome to Fryd Extracts USA, where innovation meets satisfaction in every puff. Our Fryd Extracts Disposable Vape is a masterpiece of flavor and convenience, designed for those who appreciate the finer things in life. Crafted with precision, each disposable vape delivers a seamless blend of rich, nuanced flavors that promise to elevate your vaping experience. Perfect for on-the-go moments or relaxing at home, our disposables offer a hassle- free journey into a world of exquisite taste and unmatched quality. Discover the essence of luxury vaping with Fryd Extracts Disposable Vape – your pocket-sized passport to a universe of flavor.

  27. Today, I went to the beach front with my kids. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is totally off topic but I had to tell someone!

  28. Good day very nice site!! Man .. Excellent .. Wonderful .. I’ll bookmark your web site and take the feeds additionally…I’m happy to seek out a lot of useful info here within the publish, we need develop extra strategies on this regard, thank you for sharing. . . . . .

  29. Hi there very cool blog!! Guy .. Beautiful .. Superb .. I’ll bookmark your web site and take the feeds also…I am happy to find so many helpful information right here in the post, we want develop more techniques on this regard, thanks for sharing.

  30. My husband and i have been so relieved that Jordan could complete his research by way of the ideas he had from your own site. It’s not at all simplistic to just happen to be handing out guides that many some people have been selling. And we recognize we now have you to appreciate because of that. The specific explanations you have made, the straightforward website navigation, the friendships your site help to instill – it’s got mostly impressive, and it is leading our son and us imagine that that content is amusing, and that’s incredibly fundamental. Thanks for all the pieces!

  31. The other day, while I was at work, my sister stole my iphone and tested to see if it can survive a forty foot drop, just so she can be a youtube sensation. My iPad is now destroyed and she has 83 views. I know this is entirely off topic but I had to share it with someone!

  32. Nice post. I learn something more challenging on different blogs everyday. It will always be stimulating to read content from other writers and practice a little something from their store. I’d prefer to use some with the content on my blog whether you don’t mind. Natually I’ll give you a link on your web blog. Thanks for sharing.

  33. hello!,I love your writing so a lot! percentage we communicate extra approximately your article on AOL? I require a specialist on this space to resolve my problem. Maybe that is you! Looking ahead to see you.

  34. I am a highly experienced SEO expert with over 12 years of experience in the digital marketing industry. I have a proven track record of helping businesses improve their search engine rankings and generate more traffic to their websites. I am an expert in all aspects of SEO, including keyword research, on-page optimization, off-page optimization, and technical SEO. I am also proficient in Google Analytics and other SEO tools. I am a results-oriented SEO professional who is passionate about helping businesses succeed. I am always up-to-date on the latest SEO trends and best practices.

  35. Having read this I thought it was very informative. I appreciate you taking the time and effort to put this article together. I once again find myself spending way to much time both reading and commenting. But so what, it was still worth it!

  36. Have you ever considered writing an ebook or guest authoring on other blogs? I have a blog based on the same topics you discuss and would love to have you share some stories/information. I know my audience would appreciate your work. If you are even remotely interested, feel free to shoot me an email.

  37. vape mod, is an electronic device used for vaping e-liquid. Vape pens come in various shapes and sizes, ranging from small and compact to larger devices that resemble traditional cigarettes. Unlike disposable vapes, which are intended for single use, vape pens are rechargeable and refillable.

  38. I’m no longer certain where you are getting your info, but good topic. I needs to spend some time finding out much more or working out more. Thanks for excellent info I used to be in search of this information for my mission.

  39. Good ?V I should definitely pronounce, impressed with your website. I had no trouble navigating through all the tabs and related information ended up being truly easy to do to access. I recently found what I hoped for before you know it at all. Reasonably unusual. Is likely to appreciate it for those who add forums or anything, site theme . a tones way for your client to communicate. Nice task..

  40. I like the valuable info you provide in your articles. I will bookmark your weblog and check again here regularly. I’m quite sure I will learn many new stuff right here! Good luck for the next!

  41. Thanks a lot for providing individuals with a very wonderful chance to check tips from here. It can be so good and as well , packed with amusement for me personally and my office colleagues to visit your blog on the least 3 times weekly to see the fresh items you have. Of course, I’m also actually fulfilled with the astounding tricks you give. Selected 3 ideas in this post are without a doubt the most efficient I’ve ever had.

  42. Hi there would you mind letting me know which webhost you’re working with? I’ve loaded your blog in 3 completely different browsers and I must say this blog loads a lot quicker then most. Can you suggest a good web hosting provider at a reasonable price? Cheers, I appreciate it!

  43. Бренд Tissot — легендарный швейцарский производитель часовых устройств, что известен своим первоклассным качеством и уникальным дизайном. Уже более полутора веков фирма производит престижные часы, что завоевали популярность по всему миру.
    https://tissot.icefashion.ru

  44. When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove me from that service? Many thanks!

  45. Just desire to say your article is as amazing. The clearness in your post is simply excellent and i could assume you are an expert on this subject. Fine with your permission let me to grab your feed to keep updated with forthcoming post. Thanks a million and please carry on the gratifying work.

  46. The subsequent time I learn a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my option to learn, but I actually thought youd have something attention-grabbing to say. All I hear is a bunch of whining about something that you can fix for those who werent too busy looking for attention.

  47. I have been exploring for a bit for any high quality articles or weblog posts on this sort of area . Exploring in Yahoo I eventually stumbled upon this site. Studying this info So i’m satisfied to show that I’ve a very excellent uncanny feeling I came upon just what I needed. I so much certainly will make certain to do not omit this web site and give it a glance on a continuing basis.

  48. Undeniably imagine that that you said. Your favorite reason appeared to be at the net the easiest factor to remember of. I say to you, I certainly get irked even as folks think about concerns that they just don’t recognize about. You controlled to hit the nail upon the highest as neatly as defined out the entire thing with no need side-effects , other folks could take a signal. Will probably be again to get more. Thanks

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles