• Download the Constitution of Pakistan
  • Advertise
Friday, May 23, 2025
  • Login
NEWSLETTER
ECONOMY
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology
No Result
View All Result
ECONOMY
No Result
View All Result
Home Business

High-Level Saudi Delegation Set to Visit Pakistan from October 9-11 Amid Investment Initiative

by Alina Fida
October 7, 2024
in Business, Economy, Main, New, News, Pakistan
Reading Time: 2 mins read
0
High-Level Saudi Delegation Set to Visit Pakistan from October 9-11 Amid Investment Initiative

High-Level Saudi Delegation Set to Visit Pakistan from October 9-11 Amid Investment Initiative

Share on FacebookShare on TwitterLinkedinWhatsapp

A high-level delegation from Saudi Arabia, led by Investment Minister Khalid bin Abdulaziz Al-Falih, is scheduled to visit Pakistan from October 9 to 11, 2024. This visit aims to bolster bilateral cooperation and foster a mutually beneficial economic partnership, according to a spokesperson from Pakistan’s foreign office.

In recent months, Pakistan and Saudi Arabia have worked closely to enhance trade and investment ties. Earlier this year, Crown Prince Mohammed bin Salman reaffirmed the Kingdom’s commitment to fast-tracking a $5 billion investment package for Pakistan.

Pakistan has been actively seeking to strengthen its relationships with regional partners, particularly Saudi Arabia and other Middle Eastern allies, viewing foreign trade and investment as vital to overcoming its ongoing economic crisis characterized by dwindling resources, soaring inflation, and currency devaluation.

“The delegation, which will include representatives from Saudi government agencies and the private sector, is expected to meet with Pakistan’s Prime Minister and President during their visit,” stated Mumtaz Zahra Baloch, the foreign office spokesperson. “This visit is designed to provide a positive impetus for enhancing bilateral cooperation and establishing a mutually rewarding economic partnership.”

In a separate statement, Baloch paid tribute to the 42,000 lives lost due to Israeli military actions since the onset of the conflict in Gaza on October 7, 2023. She expressed deep concern for the people of Gaza and Palestine, who are suffering from starvation and violence.

“The past year has witnessed Israel’s indiscriminate and horrific attacks on civilian targets, including hospitals, schools, and shelters,” she remarked.

Baloch urged the United Nations Security Council to take decisive action and impose an immediate ceasefire in Gaza, demanding accountability for Israel’s alleged “war crimes” in the region.

She also criticized Israel’s foreign minister for barring UN Secretary-General Antonio Guterres from entering Israel, stating that Islamabad condemns any actions that impede the United Nations and its agencies’ operations in occupied Palestine.

“We call on the international community to safeguard the role of the United Nations,” she added. “We also welcome the UN Security Council’s decision to condemn the recent measures taken by the Israeli authorities against the UN Secretary-General.”

Tags: latestPakistan
Alina Fida

Alina Fida

Related Posts

GDP 2025

Pakistan’s Economy Grows 2.4% in Q3 FY2024-25

by Anum Arif
May 20, 2025
0

Pakistan’s economy posted a gross domestic product (GDP) growth of 2.4% in the third quarter (January–March) of the fiscal year...

PM Shehbaz arrives in Karachi on day-long visit

PM Shehbaz arrives in Karachi on day-long visit

by News Publishing
May 19, 2025
0

Prime Minister Shehbaz Sharif has arrived in Karachi on a one-day visit. Upon his arrival in Karachi, Minister for Education...

joebiden

Former US President Joe Biden Diagnosed with Prostate Cancer ‘Aggressive Form’

by Web Desk
May 18, 2025
0

Former President Joe Biden has been diagnosed with an aggressive form of prostate cancer that has spread to his bones,...

Trump praises Pakistanis as 'brilliant', touts trade as peace tool again

US President Trump praises Pakistanis as ‘brilliant’, touts trade as peace tool again

by News Publishing
May 17, 2025
0

In a recent interview with Fox News, former U.S. President Donald Trump lauded Pakistanis as “brilliant people” and expressed a...

Youm-e-Tashakur being observed today

Youm-e-Tashakur being observed today

by News Publishing
May 16, 2025
0

Youm-e-Tashakur is being observed today to pay homage to Armed Forces and the people over victory in Operation Bunanu-um-Marsoos and...

Agriculture sector being developed on modern lines: PM

Agriculture sector being developed on modern lines: PM

by News Publishing
May 15, 2025
0

Prime Minister Muhammad Shehbaz Sharif has said agriculture sector is being developed on modern lines to achieve agricultural self-reliance. He...

Next Post
Agha Ali Addresses Divorce Rumors with Hina Altaf

Agha Ali Addresses Divorce Rumors with Hina Altaf

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Economy.pk is a source of economic, political, business, finance, health and sports updates.

Important Categories

  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin
  • YouTube
  • Linkedin
  • TikTok
  • WhatsApp
  • About
  • Advertise
  • Careers
  • Contact

© 2024 Economy.pk - Web Development by Digital Otters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Education
  • Entertainment
  • Finance
  • Health
  • Life & Style
  • Politics
  • Sports
  • Technology

© 2024 Economy.pk - Web Development by Digital Otters