Islamabad, May 11, 2024 – Saudi Arabia has signaled its eagerness to invest in Pakistan’s refinery sector, marking a pivotal moment in bilateral economic cooperation.
ISLAMABAD – As anticipation mounts for the visit of Saudi Crown Prince Muhammad Bin Salman to Pakistan, the stage is set for the signing of around ten Memoranda of Understanding (MoUs), with a landmark $10 billion Oil refinery and petrochemical complex taking center stage.
Saudi Arabia and the United Arab Emirates (UAE) are gearing up for substantial investments in the country, according to Abdul Razak Dawood, the Adviser to the Prime Minister on Commerce and Textile.