7 d. ago Pakistan, KSA launch economic cooperation framework to boost ties

Pakistan and Saudi Arabia on Tuesday launched the Economic Cooperation Framework, which is based on their shared economic interests and reaffirms their desire to strengthen trade and investment relations. The decision to launch the framework was taken during a Monday meeting between Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman on the […]

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7 d. ago Pakistan, Saudi Arabia ‘unfurl landmark ECF’ to deepen trade, investment, and strategic ties

Framework signals new era of economic partnership between Islamabad and Riyadh Initiative focuses on key sectors—energy, IT, mining, tourism, agriculture, and food security High-impact joint projects under study, including electricity interconnection and energy cooperation Information Minister Tarar hails move as ‘historic milestone’ in Pak-Saudi relations PM Shehbaz underscores reforms, digitization, and climate resilience at FII9 […]

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8 d. ago KSA announces $1bn oil facility, $5bn deposit rollover as PM lands in Riyadh

Saudi Arabia has decided to lend a helping hand to Pakistan once again by providing a $1 billion oil facility during the ongoing fiscal year 2025-26, while also rolling over $5 billion in deposits, the Finance Ministry confirmed on Monday. According to finance officials, the $1 billion oil facility is equivalent to around Rs290 billion. […]

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8 d. ago PM Shehbaz leaves for Saudi Arabia to attend Future Investment Initiative

ISLAMABAD — Prime Minister Shehbaz Sharif departed for Saudi Arabia on Monday to represent Pakistan at the Ninth Edition of the Future Investment Initiative (FII9) in Riyadh, according to a statement from the Prime Minister’s Office. The visit comes at the invitation of Saudi Crown Prince Mohammed bin Salman. The premier is leading a high-level […]

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9 d. ago Pakistan exposes Indian media’s false claims on Saudi defence pact

Pakistan has firmly dismissed the baseless propaganda spread by Indian media outlets regarding the recent defence cooperation agreement between Islamabad and Riyadh. The Ministry of Information stated that Indian reports aimed to create regional instability by spreading fabricated stories about Pakistan’s military commitments to Saudi Arabia. Officials clarified that such misinformation was part of a […]

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1 week ago COAS, Egyptian president vow to deepen strategic coordination, boost bilateral ties

Field Marshal Munir, el-Sisi reaffirm resolve for peace, progress and partnership, underlining shared regional priorities Meeting reaffirms decades-long friendship and mutual trust, highlighting importance of coordination on key global issues COAS pays homage at Sadat’s grave, meets Grand Imam of Al-Azhar, recognizes Egypt’s role in promoting regional stability RAWALPINDI: Chief of the Army Staff (COAS) […]

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1 week ago Ali Pervez Malik invites global investors to explore Pakistan’s $6 trillion mineral potential

ISLAMABAD – Minister of State for Petroleum and Natural Resources, Ali Pervez Malik, promoted Pakistan’s mineral investment opportunities during the International Mining and Resources Conference (IMARC) 2025 in Sydney, Australia. Meeting with officials from Saudi Arabia, Sweden, and France, Malik highlighted Pakistan’s vast untapped mineral reserves, estimated at $6 trillion, including copper, gold, lithium, coal, […]

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1 week ago Pakistan along with 14 nations slams Israeli bid to annex West Bank

Joint statement condemns Tel Aviv’s move as a ‘flagrant breach’ of international law Countries including Saudi Arabia, Egypt, Qatar and Turkiye join Pakistan in denouncing Israel’s annexation attempt Statement cites UNSC Resolution 2334 rejecting all demographic or territorial alterations in occupied Palestine. ISLAMABAD: Pakistan, along with 14 other nations, on Thursday strongly condemned Israel’s attempt […]

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1 week ago Pakistan, Romania strengthen defence ties through strategic air force cooperation

Air Chief Marshal Zaheer Ahmed Baber Sidhu, Chief of the Air Staff of Pakistan Air Force (PAF), paid an official visit to Romania to enhance bilateral defence collaboration. During his visit, he held an important meeting with Lieutenant General Leonard-Gabriel Baraboi, Chief of the Romanian Air Force Staff. Both leaders discussed new ways to strengthen […]

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2 w. ago How to watch Pakistan vs Saudi Arabia in Asian Futsal Cup qualifier

Pakistan will face Saudi Arabia in a crucial Asian Futsal Cup Qualifier tonight at Prince Nayef Sports City Hall. The match follows contrasting results for both teams in their opening games. Pakistan will be looking to recover from a heavy 8-1 defeat to Iraq, where they struggled to cope with Iraq’s fast pace and clinical […]

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2 w. ago Saudi Arabia praises border ceasefire between Pakistan, Afghanistan

Saudi Arabia has welcomed the recent ceasefire agreement between Pakistan and Afghanistan following days of deadly border clashes. In a statement released on X (formerly Twitter), the Saudi Foreign Ministry reaffirmed its support for efforts to promote peace and stability in the region. The ceasefire was brokered in Doha with mediation from Qatar and Turkiye. […]

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2 w. ago PM lauds Muslim World League’s role in portraying Islam’s true image

Premier Shehbaz praises MWL’s efforts to promote understanding among religions and civilizations Pledges support for future MWL-led initiatives on women’s education, highlights deep-rooted Pakistan–Saudi Arabia ties Congratulates new KP CM, reviews railways affairs in meeting with Hanif Abbasi ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday praised the Muslim World League (MWL) for its significant global […]

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2 w. ago Over 100 Pakistani IT firms register in Saudi Arabia under Vision 2030

Pakistan is expanding its trade and investment footprint in Saudi Arabia, with over 100 Pakistani information technology (IT) firms now formally registered to operate in the Kingdom. The move aligns with Saudi Arabia’s Vision 2030, which emphasizes digital transformation, innovation, and value-added business cooperation. According to documents available with Wealth Pakistan, these Pakistani companies have […]

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3 w. ago Saudi Arabia, Qatar Urge Pakistan and Afghanistan to Resolve Border Tensions Peacefully

RIYADH / DOHA: Saudi Arabia and Qatar have voiced deep concern over the escalating tensions along the Pakistan-Afghanistan border, urging both nations to exercise restraint and prioritize diplomacy over conflict. In a statement, the Saudi Ministry of Foreign Affairs called on Pakistan and Afghanistan to act with “patience and wisdom,” stressing that dialogue and cooperation […]

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3 w. ago Punjab, Saudi delegation explore avenues for trade and investment

A high-level delegation of the Saudi-Pak Joint Business Council arrived in Lahore. Chief Minister Maryam Nawaz Sharif personally welcomed the delegation at the airport, underlining the significance of Pakistan-Saudi Arabia bilateral relations. Chief Minister Maryam Nawaz held a meeting with the delegation led by Prince Mansour bin Muhammad bin Saad Al Saud, Chairman of the […]

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3 w. ago Finance Minister: Saudi vision 2030 holds key lessons for Pakistan

Finance Minister Muhammad Aurangzeb said Pakistan can learn much from Saudi Arabia’s Vision 2030. He praised Saudi Arabia’s development model during a virtual speech to Saudi investors and the Overseas Chamber of Commerce. Aurangzeb warmly welcomed Saudi investment, calling Vision 2030 a unique global example. He emphasized strong ties between Pakistan and Saudi Arabia and […]

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3 w. ago Aurangzeb Highlights Saudi Vision 2030 as Model for Pakistan’s Economic Reform

KARACHI – Finance Minister Muhammad Aurangzeb said on Friday that Pakistan can draw valuable lessons from Saudi Arabia’s Vision 2030, describing it as a globally admired model of economic transformation. Speaking virtually to Saudi investors and the Overseas Chamber of Commerce, Aurangzeb reaffirmed Pakistan’s commitment to fostering foreign investment and said the country warmly welcomes […]

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4 w. ago Saudi Arabia emerges as key market for Pakistani IT companies

Pakistani IT companies are eyeing Saudi Arabia as their next big market, especially in cybersecurity. With both nations ranking high on the Global Cybersecurity Index, there is strong potential for collaboration. Pakistan’s expertise was also highlighted through its role in regional cybersecurity amid ongoing conflicts. Recent strategic ties between Pakistan and Saudi Arabia have further […]

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