Saudi Arabia resumes Lebanese exports after years of trade suspension
Riyadh restores trade ties with Beirut following reforms, diplomatic talks, and renewed anti-smuggling commitments
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Riyadh restores trade ties with Beirut following reforms, diplomatic talks, and renewed anti-smuggling commitments
Continue ReadingKarachi waterfront plan aims to boost investment, jobs, and regional trade hub ambitions KARACHI: Pakistan has signed a Memorandum of Understanding (MoU) with Saudi Arabia and local partners to develop a 140-acre maritime land parcel in Karachi, in a major step aimed at boosting investment, employment, and port-led economic growth.
Continue ReadingSaudi investors express interest in ports, energy, IT and infrastructure projects during high-level meeting in Islamabad Prime Minister Shehbaz Sharif on Thursday reaffirmed Pakistan’s commitment to deepening economic cooperation with Saudi Arabia, saying the government was focused on transforming longstanding bilateral ties into a broad-based and mutually beneficial economic partnership.
Continue ReadingISLAMABAD, April 21, 2026 — Saudi Arabia has completed a $3 billion financial support package for Pakistan, with the latest $1 billion tranche deposited in the State Bank of Pakistan to help bolster the country’s foreign exchange reserves.
Continue ReadingPakistan has received a $2 billion deposit from Saudi Arabia, providing crucial support to its foreign exchange reserves ahead of a $3.5 billion repayment to the United Arab Emirates (UAE) later this month, officials said on Thursday.
Continue ReadingApril 16, 2026 — Prime Minister Shehbaz Sharif on Wednesday expressed gratitude for Saudi Arabia’s continued support for Pakistan’s economic stability during a meeting with Crown Prince Mohammed bin Salman in Jeddah, the Prime Minister’s Office said.
Continue ReadingSaudi Arabia has assured Pakistan of continued financial support as Islamabad navigates mounting external financing needs and economic challenges linked to regional tensions.
Continue ReadingJeddah, March 13, 2026 – Prime Minister of Pakistan Muhammad Shehbaz Sharif held a restricted meeting with Saudi Crown Prince and Prime Minister Mohammed bin Salman here on Thursday, where the two leaders discussed regional developments and reaffirmed their commitment to strengthening bilateral ties and promoting peace and stability in the region.
Continue ReadingIslamabad, March 4, 2026 – Pakistan is exploring alternative oil supply routes via Saudi Arabia’s Yanbu Port on the Red Sea, bypassing the Strait of Hormuz, amid escalating tensions in the Middle East affecting global energy flows.
Continue ReadingIslamabad, February 9, 2026 – Pakistan’s relationship with Saudi Arabia continues to remain resilient despite global geopolitical tensions, said Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Monday.
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