Pakistan and Saudi Arabia on Tuesday launched the Economic Cooperation Framework, which is based on their shared economic interests and reaffirms their desire to strengthen trade and investment relations. The decision to launch the framework was taken during a Monday meeting between Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman on the […]
KSA
Pakistan committed to boosting ties with KSA, says Zardari on Saudi National Day
President Asif Ali Zardari said Pakistan remained firmly committed to strengthening its brotherly relationship with Saudi Arabia and to expanding cooperation across every sphere. In a message on the occasion of Saudi Arabia’s National Day, he said, “On behalf of the people of Pakistan, I extend my heartfelt felicitations to the Custodian of the Two […]
$3 bn Saudi loan approved by federal cabinet
ISLAMABAD: On Saturday, the federal cabinet approved a $3 billion loan from the Kingdom of Saudi Arabia. The State Bank of Pakistan (SBP) will receive the amount from the KSA by next week, after which the central bank’s foreign exchange reserves would swell to $20 billion from the current $17bn. Last month, the government announced […]
9/11: Secret probe document released to public
After an executive order from President Joe Biden, the FBI revealed its first document connected to its 9/11 investigation on Saturday night, and the topic is accusations of the Saudi government backing the terrorists. Within hours of President Biden’s arrival to the World Trade Center memorial in Lower Manhattan, the White House produced a 16-page […]
‘KSA allocates special manpower quota for Pakistani workers’
MULTAN – Minister for Foreign Affairs Shah Mahmood Qureshi on Wednesday said that Saudi Crown Prince Mohammad Bin Salman would pay his second visit to Pakistan soon. Speaking with journalists, he said that a delegation of Saudi officials would visit Pakistan after Eid-ul-Fitr and this visit will be followed by a two-day visit by […]
Saudi Arabia commits $500 million loan to Pakistan
LAHORE: Saudi Arabia’s commitment to providing funds worth $500 million (Rs75.5 billion) will help develop infrastructure, hydropower projects and water resources in Pakistan. During a meeting with a delegation of women entrepreneurs, led by Dr Ayesha Tahir, Saarc Chamber of Commerce and Industry President Iftikhar Ali Malik highlighted that under one of the seven MoUs […]
Pakistan asks India to take ‘first step’ for bilateral talk
Minister for Foreign Affairs Shah Mahmood Qureshi on Tuesday said that Pakistan would welcome the third-party facilitation by Saudi Arabia or any other country for resumption of talks with India. “Pakistan is ready for third-party facilitation. It is India that has always shied away from it,” he said in a press conference held at […]
KSA offers Pakistan, India mediation, calls ceasefire ‘excellent’ step
Saudi Minister for Foreign Affairs Prince Faisal bin Farhan Al-Saud KSA openly offered Pakistan and India mediation while calling reviving and reinstating a ceasefire along the Line of Control in the disputed Jammu Kashmir an ‘excellent’ step. In an interview with the Pakistan Television, he said that reviving and reinstating the ceasefire agreement was […]
PM Imran Khan reaches Saudia Arabia on three-day official visit
Islamabad/Jeddah: Prime Minister Imran Khan reaches Saudi Arabia on a three-day official visit where he was received by Saudi Crown Prince Mohammad Bin Salman (MBS) at Jeddah airport from where he left for Shahi Dewan. The premier is accompanied by Foreign Minister Shah Mahmood Qureshi, Chief of Army Staff (COAS) General Qamar Javed Bajwa, Interior […]
PM to focus on economic ties with KSA in ongoing tour
ISLAMABAD: Minister for Information and Broadcasting Chaudhry Fawad Hussain said on Friday that Prime Minister Imran Khan, during his visit to Saudi Arabia would discuss economic cooperation, including strategic partnership, Supreme Coordination Council and media partnership between the two countries. Talking to Saudi television channel Al-Akhbariya, he said this would be Prime Minister Khan’s third […]