Pakistan

PM Shehbaz to undertake four-day visit to Saudi Arabia

Published by
Digital Desk

ISLAMABAD: Prime Minister Shehbaz Sharif will undertake an official four-day visit to Saudi Arabia from March 19 to 22, aimed at strengthening the bilateral ties, enhancing economic cooperation, and promoting investment between the two countries.

PM Shehbaz is scheduled to meet Saudi Crown Prince Mohammed bin Salman where the two leaders will discuss and deliberate upon ways to boost trade, enhance partnership in key sectors and facilitate greater economic collaboration, a Foreign Office Spokesperson said in a press release on Tuesday.

“Matters of mutual interest and concern, including global and regional developments, particularly the Gaza situation, evolving Middle East dynamics, as well as issues related to the Muslim Ummah, will figure high on the agenda,” it was added.

The prime minister’s visit underscores the deep-rooted historical relations between Pakistan and Saudi Arabia and will pave the way for increased mutual understanding, enhanced cooperation in trade, and investment, and greater diplomatic coordination on bilateral, regional, and global matters.

The delegation, accompanying the prime minister, will include Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar, along with key federal ministers and senior officials.

It is to be noted that the PM, back in October 2024, had visited the Kingdom to participate in the 8th edition of the Future Investment Initiative (FII), held under the patronage of King Salman.

The same month, Islamabad and Riyadh had inked several memorandums of understanding (MoUs), worth over $2 billion, to boost bilateral trade and investment during the Islamabad visit of a Saudi delegation, headed by Minister for Investment Khalid bin Abdulaziz Al-Falih.

Digital Desk

Recent Posts

Big increase in prices of chicken and eggs, government price list ignored

ISLAMABAD: The prices of chicken and eggs have skyrocketed. The government price of chicken meat…

4 minutes ago

Transportation in the Strait of Hormuz restored, oil prices drop further

TEHRAN: After the restoration of maritime transportation in the Strait of Hormuz, crude oil prices…

13 minutes ago

Iranian rial value suddenly skyrockets, citizens flock to currency exchange centers

ISLAMABAD: Pakistan’s open currency market is witnessing an unusuawith demand for the Iranian rial rising…

44 minutes ago

Meteorological Department issues important rain forecast

LAHORE: An important forecast of the Meteorological Department regarding the weather in Lahore has come…

53 minutes ago

How much tax will be deducted from salary from July 1? New slabs introduced

ISLAMABAD: The federal government has introduced new income tax slabs for government employees and salaried…

2 hours ago

New instructions issued for pilgrims going to Iraq for pilgrimage

ISLAMABAD: The Ministry of Religious Affairs has issued new instructions for Pakistani pilgrims going to…

2 hours ago