Pak Saudi Ties
Says extension is continuation of kingdom’s support that will help to maintain forex reserves, contribute to economic growth.
Two Letters of Intent with FNRCO and Maharah Human Resource Company signed.
Premier hopes SIFC would help bring in over $60bn to Pakistan in the next five years.
Saudi Arabia assures Islamabad of full support for the new health initiatives.
Shamshad says caretaker govt prioritises tax net expansion, targets retail and real estate sector; says economic revival plan to be unveiled soon.
ISPR says both side deliberated upon bilateral cooperation including defence and security matters.
Caretaker foreign minister says MBS visit expected soon, dates not confirmed yet.
Sources say army chief has asked the Saudi prince to set aside $10bn to overcome the country’s foreign exchange issues.
Says Saudi investment to come in mining, agriculture and information technology sectors.
FO responds to alleged reports of postponement of Saudi crown prince's expected visit to Pakistan.
Says Special Investment Facilitation Council will work as before to fast-track foreign investments.
PM Shehbaz says the deposit will strengthen Pakistan's foreign exchange reserves, reflects growing confidence of international community.
Says development will be a "harbinger for peace, prosperity and development for the entire region".
The troops from Royal Saudi Land Forces and Pakistan Army participated in the exercise, ISPR said.
Saudi state media says kingdom to study "augmenting" investments in Pakistan to $10bn on Crown Prince Mohammed bin Salman's directives.
Army chief, Prince Salman discuss "a number of issues of common concern", Saudi news agency SPA reports.
Foreign office says new date will be announced soon.
Says the initiative is a "step in the right direction"; PM meets Saudi crown prince on the sidelines of COP27.
Says Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud is "ready to do everything" for the people of Pakistan.
PM Shehbaz thanks crown prince for accepting his request; both leaders agree to enhance bilateral ties to "new heights".
In address at the Future Investment Initiative Summit, the premier says clean energy potential would be the new driver of economic prosperity.
Premier will attend 'Davos in the Desert' summit, hold consultations with Crown Prince Salman.
FO says there should be a constructive approach to such issues "based on engagement and mutual respect".
Says the move reflects the "continuing strong and special relationship" between Saudi Arabia and Pakistan.
Foreign Minister Bilawal Bhutto Zardari welcomes the commitment to invest the funds in country's economy.
Both leaders reaffirm resolve to further solidify strong brotherly relations, PMO says.
Kingdom's finance minister says Pakistan is an important ally and it would stand behind the country.
Kingdom welcomes Pakistan’s keenness to find solution to all disputes with India; PM Sharif, Abu Dhabi crown prince discuss.
Says Pakistan greatly appreciates the "continued strong support of the Kingdom of Saudi Arabia to Pakistan".
He held discussion with the Saudi crown prince on issues of mutual interest with an emphasis on job opportunities for Pakistanis.