Two sides agree to continue working "very closely" to maintain regional peace, uninterrupted flow of maritime commerce through Red Sea and Strait of Hormuz.
Referring to Monday's attacks, PM Shehbaz says "such reprehensible actions constitute a violation of the sovereignty and territorial integrity" of Saudi Arabia.
According to the Foreign Office, the ministers reaffirmed the "vital role of dialogue and diplomacy in promoting peace, stability and shared prosperity".
The existing $5bn Saudi deposit will no longer be subject to the earlier annual rollover arrangement and will instead be extended for a longer term, according to finmin.
FO says attacks "serious violation of Saudi Arabia’s sovereignty and territorial integrity"; PM Shehbaz speaks to Saudi crown prince, conveys Pakistan's "unwavering solidarity".
"Our principal position on issues regarding sovereignty, international law and the UN Charter ... is respected in all regional capitals," FO spokesperson says.
FM Dar and Field Marshal Munir accompany PM Shehbaz on the Saudi visit; premier and crown prince agree to work together for regional peace and stability.
For a country battling insurgencies in two provinces, facing a hostile Afghan Taliban regime, and grappling with deep internal divisions, instability in a neighbouring state carries tangible security risks.
Urges all sides to refrain from actions that may undermine the security and territorial integrity of other countries; PM Shehbaz speaks to Saudi crown prince, UAE president.
Raza Hayat Harraj told Reuters that the potential deal between the three countries is separate from a bilateral Saudi-Pakistani accord announced last year.
