AGL 38.02 Increased By ▲ 0.08 (0.21%)
AIRLINK 197.36 Increased By ▲ 3.45 (1.78%)
BOP 9.54 Increased By ▲ 0.22 (2.36%)
CNERGY 5.91 Increased By ▲ 0.07 (1.2%)
DCL 8.82 Increased By ▲ 0.14 (1.61%)
DFML 35.74 Decreased By ▼ -0.72 (-1.97%)
DGKC 96.86 Increased By ▲ 4.32 (4.67%)
FCCL 35.25 Increased By ▲ 1.28 (3.77%)
FFBL 88.94 Increased By ▲ 6.64 (8.07%)
FFL 13.17 Increased By ▲ 0.42 (3.29%)
HUBC 127.55 Increased By ▲ 6.94 (5.75%)
HUMNL 13.50 Decreased By ▼ -0.10 (-0.74%)
KEL 5.32 Increased By ▲ 0.10 (1.92%)
KOSM 7.00 Increased By ▲ 0.48 (7.36%)
MLCF 44.70 Increased By ▲ 2.59 (6.15%)
NBP 61.42 Increased By ▲ 1.61 (2.69%)
OGDC 214.67 Increased By ▲ 3.50 (1.66%)
PAEL 38.79 Increased By ▲ 1.21 (3.22%)
PIBTL 8.25 Increased By ▲ 0.18 (2.23%)
PPL 193.08 Increased By ▲ 2.76 (1.45%)
PRL 38.66 Increased By ▲ 0.49 (1.28%)
PTC 25.80 Increased By ▲ 2.35 (10.02%)
SEARL 103.60 Increased By ▲ 5.66 (5.78%)
TELE 8.30 Increased By ▲ 0.08 (0.97%)
TOMCL 35.00 Decreased By ▼ -0.03 (-0.09%)
TPLP 13.30 Decreased By ▼ -0.25 (-1.85%)
TREET 22.16 Decreased By ▼ -0.57 (-2.51%)
TRG 55.59 Increased By ▲ 2.72 (5.14%)
UNITY 32.97 Increased By ▲ 0.01 (0.03%)
WTL 1.60 Increased By ▲ 0.08 (5.26%)
BR100 11,727 Increased By 342.7 (3.01%)
BR30 36,377 Increased By 1165.1 (3.31%)
KSE100 109,513 Increased By 3238.2 (3.05%)
KSE30 34,513 Increased By 1160.1 (3.48%)

ISLAMABAD: The highly-anticipated visit of Saudi Crown Prince Mohammed bin Salman to Pakistan has been postponed until mutually convenient dates are finalised by the two sides.

Informed sources told Business Recorder that the visit to Pakistan was expected to take place before or after the Crown Prince’s scheduled visit to Japan, which is being held from May 20 to 23.

However, the trip has now been postponed for the “time being” and the two sides are in touch at the diplomatic level to finalise the schedule of the visit as soon as possible, the sources added without giving the reason behind the delay.

MBS may arrive next week

Prime Minister Shehbaz Sharif had extended the invitation to the Crown Prince and Prime Minister of the Kingdom of Saudi Arabia to visit Pakistan during his official tour to Saudi Arabia.

The invitation was accepted by the Crown Prince and high-level delegations also visited Pakistan to prepare the ground for the highly anticipated visit. Commenting on the latest development, Foreign Office spokesperson Mumtaz Zahra Baloch said that they had not announced any schedule of the visit and that the two sides are working to finalise the dates.

The two sides were expected to sign a number of MoUs during the now delayed visit, as Pakistan is hoping a huge investment package from the Kingdom in various areas.

This is for the second time the Saudi Crown Prince’s visit is being postponed as previously his trip to Pakistan could not be held in November 2022 and that too was at the invitation of Prime Minister Shehbaz Sharif.

The crown prince had last visited Pakistan in February 2019 during the term of former prime minister Imran Khan.

Copyright Business Recorder, 2024

Comments

Comments are closed.

T May 12, 2024 06:41am
mbs changed his mind.
thumb_up Recommended (0)
Shah Nawaz May 12, 2024 12:14pm
Raisi visit is the reason.
thumb_up Recommended (0)
JSK May 12, 2024 01:41pm
Ahead of IMF bailout, Pakistan need KSA BAILOUT. Leaders in Pakistan have BIG BOWL and PLENTY OF DEMANDS, which are INSATIABLE. So, KSA is thinking about it, it seems.
thumb_up Recommended (0)
zh May 12, 2024 07:49pm
Mind, MBN has postponed the visit to Pakistan twice.
thumb_up Recommended (0)
TimetoMoVVeOn May 12, 2024 09:41pm
This has happened too many times to count.
thumb_up Recommended (0)
M. Alim May 13, 2024 03:50am
Why are we so eager to sign more MOU? What was the result of many similar MoU,s in the past. The best way forward is to live within our means and prioritize education and health care
thumb_up Recommended (0)
Arsalan May 13, 2024 05:28am
Do not expect that much from KSA as they have an old habit of announcing investments and then back-off. they play with us and we have to be played as we dont have a choice.
thumb_up Recommended (0)