Saudi-Pak to launch Rs490m projects

Published November 25, 2002

ISLAMABAD, Nov 24: Saudi-Pak will launch new projects at a cost of Rs490 million in the manufacturing, services and financial sectors in Pakistan.

According to reports from Jeddah, the joint venture of Pakistan and Saudi Arabia, will facilitate expansion of existing production facilities and creation of additional capacities in the country.

This was decided at the board of directors meeting of Saudi- Pak Industrial and Agricultural Investment Company which was held at Riyadh. The Saudi-Pak Company chairman, Dr Abdullah T. Al- Thenayan, presided over the meeting.

The board reviewed the performance of the company.—APP

Opinion

Editorial

Centre vs provinces
10 Jun, 2026

Centre vs provinces

DELAYS in budget announcements are normal. After all, it is not easy to satisfy different lobbies competing for a...
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...
Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....