August 25, 2022 (MLN): Saudi Arabia plans to invest $1 billion in Pakistan, Saudi condition Tv set reported on Thursday.
Saudi King Salman bin Abdulaziz has presented the directive for the kingdom to help the Pakistani economy and people, state Tv included.
The get came during a telephone connect with received on Thursday between Saudi Overseas Minister Prince Faisal bin Farhan and his Pakistani counterpart Bilawal Bhutto Zardari.
Yesterday, the Qatar Investment Authority announced its aspiration to invest $3bn in different commercial and financial investment sectors in the Islamic Republic of Pakistan.
The announcement was manufactured in the course of a go to to Doha by Pakistan Primary Minister Shehbaz Sharif, who held formal talks with Qatari Emir Sheikh Tamim bin Hamad al-Thani on Wednesday right after a meeting with the QIA on Tuesday.
Finance Minister Miftah Ismail whilst conversing to reporters earlier nowadays knowledgeable that Qatar is intrigued in investing in Hawelli Bahadur and Baloki electricity plants. It has shown desire in investing in Pakistani airports, solar vitality initiatives, and a freight terminal at Port Qasim.
Qatar is also intrigued in getting shares through the inventory sector and offering approvals for 200,000 Pakistanis to function in the country, he added.
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