Web Desk, Author at Economy.pk

Tuesday, May 19, 2026

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Health

Drug Regulatory Authority of Pakistan orders recall of nine ‘poisonous’ syrups

January 31, 2024

FBR likely to miss FY23 collection target by Rs75bn

Pakistan Politics

After ECP snub, caretakers leave FBR to elected govt

January 31, 2024

Economy

Pakistan to hold over 80 events as chair of SCO Council of Heads of Govt this year

January 31, 2024

Tourism

Tourism industry plays significant role in Pak-US ties: Masood

January 31, 2024

Main

EX Imran Khan, Bushra Bibi sentenced to 14 years in Toshakhana reference

January 31, 2024

ISLAMABAD: On Tuesday, Pakistani Commerce and Interior Minister Dr. Gohar Ejaz held discussions with Saudi Arabia’s Ambassador to Pakistan, Nawaf bin Said Al-Malki, expressing a commitment to fortify business relations. This move precedes a forthcoming visit to Riyadh by a delegation comprising prominent Pakistani industrialists. The enduring rapport between Pakistan and Saudi Arabia, underscored by the presence of approximately 2.5 million Pakistani expatriates in the Kingdom, was emphasized. This expatriate community contributes significantly as the largest source of foreign remittances to Pakistan. Recent extensive visits by high-ranking Pakistani officials to Saudi Arabia have aimed at enhancing trade ties and fostering employment opportunities for expatriates. Following the meeting, Dr. Gohar's office stated, "The meeting affirmed the intention to enhance business-to-business relations between Pakistan and Saudi Arabia." Dr. Gohar Ejaz highlighted investment prospects in Pakistan's steel and petrochemical industries, encouraging Saudi industrialists to explore these opportunities. Additionally, steps were being taken to bolster collaboration in the IT sector between the two nations. Referring to a previous visit by a delegation of 15 leading Pakistani IT companies to Saudi Arabia, the statement emphasized the signed agreements that aim to expedite digital transformation, promote innovation, and advance digital infrastructure. These accords also focus on supporting small and medium-sized enterprises, startups, and facilitating the exchange of information on accelerators and incubators. A noteworthy development is the establishment of a special task force designed to promote digital cooperation between Saudi Arabia and Pakistan. During the meeting, the commerce minister also highlighted the scenic beauty of Pakistan’s northern mountainous regions and proposed the development of luxury resorts in these areas. The statement indicated that a delegation comprising ten of Pakistan's top industrialists is anticipated to visit Riyadh, although specific dates for the trip were not provided.

Finance

Pakistan commerce minister meets Saudi envoy ahead of industrialists’ visit to Riyadh

January 30, 2024

Business

President Dr Arif Alvi calls for creating employment opportunities for differently-abled persons

January 30, 2024

Finance

IMF downgrades Pakistan’s 2024 growth estimate to 2pc

January 30, 2024

Main

Six terrorists killed in Machh clearance operation: Caretaker minister Jan Achakzai

January 30, 2024

Economy

Pakistan’s ranking on corruption perception index improves by 7 spots: report

January 30, 2024

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Web Desk

Drug Regulatory Authority of Pakistan orders recall of nine ‘poisonous’ syrups

After ECP snub, caretakers leave FBR to elected govt

Pakistan to hold over 80 events as chair of SCO Council of Heads of Govt this year

Tourism industry plays significant role in Pak-US ties: Masood

EX Imran Khan, Bushra Bibi sentenced to 14 years in Toshakhana reference

Pakistan commerce minister meets Saudi envoy ahead of industrialists’ visit to Riyadh

President Dr Arif Alvi calls for creating employment opportunities for differently-abled persons

IMF downgrades Pakistan’s 2024 growth estimate to 2pc

Six terrorists killed in Machh clearance operation: Caretaker minister Jan Achakzai

Pakistan’s ranking on corruption perception index improves by 7 spots: report

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