Prime Minister Shehbaz Sharif has directed authorities to urgently convert memoranda of understanding signed during his recent China visit into formal agreements and joint ventures. The decision aims to accelerate economic cooperation and ensure that planned business commitments move quickly into practical implementation. According to the Prime Minister’s Office, Shehbaz Sharif chaired a review meeting […]
investment deals
Saudi Aramco signs $30bn preliminary deals with US firms
DUBAI/WASHINGTON: Saudi Aramco announced on Wednesday that it had signed 17 preliminary agreements with US companies, with a potential total value exceeding $30 billion, during the visit of Saudi Crown Prince Mohammed bin Salman to Washington. The deals cover a range of sectors including liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement. […]
18-Member team set to fast-track Pakistan-Saudi investment deals
Pakistan has formed an 18-member committee to handle economic talks with Saudi Arabia. The committee will focus on fast-tracking negotiations and collaborations between the two countries. Climate Change Minister Musadik Malik and Lieutenant General Sarfraz Ahmad will co-chair the group. They will lead core negotiation teams to work closely with Saudi counterparts on key issues. […]