AGL 40.00 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.00 Decreased By ▼ -0.99 (-0.77%)
BOP 6.68 Increased By ▲ 0.08 (1.21%)
CNERGY 4.49 Decreased By ▼ -0.11 (-2.39%)
DCL 8.60 Increased By ▲ 0.12 (1.42%)
DFML 41.30 Decreased By ▼ -0.18 (-0.43%)
DGKC 86.71 Increased By ▲ 0.13 (0.15%)
FCCL 32.16 Increased By ▲ 0.02 (0.06%)
FFBL 64.70 Decreased By ▼ -0.72 (-1.1%)
FFL 10.29 Increased By ▲ 0.04 (0.39%)
HUBC 109.51 Decreased By ▼ -0.98 (-0.89%)
HUMNL 14.90 Increased By ▲ 0.15 (1.02%)
KEL 5.05 Decreased By ▼ -0.08 (-1.56%)
KOSM 7.40 Increased By ▲ 0.28 (3.93%)
MLCF 41.39 Decreased By ▼ -0.26 (-0.62%)
NBP 60.60 Increased By ▲ 0.51 (0.85%)
OGDC 190.00 Decreased By ▼ -4.69 (-2.41%)
PAEL 27.81 Decreased By ▼ -0.14 (-0.5%)
PIBTL 7.75 Decreased By ▼ -0.25 (-3.13%)
PPL 149.75 Decreased By ▼ -1.42 (-0.94%)
PRL 26.73 Decreased By ▼ -0.15 (-0.56%)
PTC 16.18 Increased By ▲ 0.18 (1.13%)
SEARL 86.02 Increased By ▲ 7.82 (10%)
TELE 7.72 Increased By ▲ 0.33 (4.47%)
TOMCL 35.58 Decreased By ▼ -0.09 (-0.25%)
TPLP 8.14 Increased By ▲ 0.23 (2.91%)
TREET 16.51 Increased By ▲ 0.62 (3.9%)
TRG 53.35 Increased By ▲ 0.59 (1.12%)
UNITY 26.28 Decreased By ▼ -0.27 (-1.02%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,889 Decreased By -31.1 (-0.31%)
BR30 30,611 Decreased By -140.9 (-0.46%)
KSE100 93,355 Increased By 130.9 (0.14%)
KSE30 28,931 Increased By 46 (0.16%)

ISLAMABAD: Under the leadership of Saudi Arabia’s Investment Minister Sheikh Khalid Bin Abdul Aziz Al Faleh, 130 investors attended Pak-Saudi Business Forum held here.

Addressing the business conference, Federal Minister for Board of Investment, Privatization and Communications Abdul Aleem Khan said that mutual relations between Saudi Arabia and Pakistan are eternal and memorable while the historical cooperation of the Saudi government will have far-reaching effects on Pakistan’s economy.

Admiring the increase in these contacts between the two countries, he called the Pak-Saudi Business Forum an important platform for enhancing business-to-business activities.

Aleem Khan said that the Ministry of Investment will provide all possible support to the Saudi business community and we will move forward rapidly by increasing mutual trust.

Aleem Khan said that deep friendly and strong economic relations exist between Pakistan and Saudi Arabia which will increase significantly in the coming days and we will enter in a new era of economic development.

He said that geographically, Pakistan can prove to be the Gateway for Saudi Arabia from South and Central Asia as we have deep water ports and land connections from Asia to Europe which are possible through Pakistan while all these factors in the region can assist in boosting business volume.

Aleem Khan said that Pakistan has also gained economic advantage from CPEC and commercial activities can be increased by bringing more improvements in infrastructure.

Aleem Khan described the holding of this business conference as beneficial for the business community of both countries in which many memorandums of understanding will be signed and bilateral development possible with new agreements.

Aleem Khan welcomed the arrival of Saudi Minister Sheikh Khalid Bin Abdul Aziz Al Faleh and offered him all possible support which will create new investment opportunities especially in Pakistan.

In addition, Aleem Khan held a meeting with the Saudi delegation along with the senior officials of the Board of Investment, in which, they agreed on increasing bilateral activities at the government level and new possibilities for investment.

Saudi authorities, heads of financial and international institutions also attended. Aleem Khan expressed his congratulatory sentiments to the Saudi government and the Royal Family and appreciated them for their support for Pakistan.

Copyright Business Recorder, 2024

Comments

Comments are closed.