Feb 3

Saudi oil facility for Pakistan to start soon

ISLAMABAD: Saudi Arabia to operationalize soon the oil facility to Pakistan, it was agreed at a meeting on Thursday. Ambassador of the Kingdom of Saudi Arabia in Islamabad Nawaf bin Saeed Al-Malkiy called on the Federal Minister for Economic Affairs Omar Ayub Khan in his office on Thursday. READ MORE: KSA extends oil on deferred […]

by Mrs. Anjum Shahnawaz

Pakistan, Saudi Arabia sign agreement for employment

Dec 5

National, Top stories, World

Pakistan, Saudi Arabia sign agreement for employment

ISLAMABAD: A deal has been signed on Sunday by Pakistan and Saudi Arabia for certification and employment of Pakistani skilled workforce through Takamol and NAVTTC. The agreement was signed by Minister for Federal Education and Professional Training, Shafqat Mahmood from the Pakistan side, and Dr. Ahmad Jabbar Al Yamni, from Saudia Arabia Takamol side. The […]

by Mrs. Anjum Shahnawaz

Envoy for removal of Saudi-Pak trade barriers

Dec 3

Trade & Industry

Envoy for removal of Saudi-Pak trade barriers

ISLAMABAD: Nawaf bin Said Al-Malki, Ambassador of Saudi Arabia in Pakistan, has stressed the need to remove barriers in trade between Saudi Arabia and Pakistan. While welcoming a delegation from Federation of Pakistan Chambers of Commerce and Industry (FPCCI) led by its president Mian Nasser Hyatt Maggo at Saudi Embassy Islamabad, Al-Malki underscored the need […]

by Mrs. Anjum Shahnawaz

KSA extends oil on deferred payments to Pakistan

Nov 29

Energy, National

KSA extends oil on deferred payments to Pakistan

ISLAMABAD: The Kingdom of Saudi Arabia (KSA) has signed an agreement to extend an oil facility of $100 million per month for one year to Pakistan on deferred payments. Sultan bin Abdulrahman Al-Marshad, CEO of Saudi Fund for Development (SFD) exchanged the Financing Agreement with Omer Ayub Khan, Minister for Economic Affairs for the Import […]

by Mrs. Anjum Shahnawaz

SBP signs $3bn deposit agreement with Saudi Fund

Nov 29

Finance, Money & Banking, Top stories

SBP signs $3bn deposit agreement with Saudi Fund

KARACHI: State Bank of Pakistan (SBP) on Monday signed an agreement for a deposit of $3 billion from Saudi Fund for Development (SFD). The SBP in a statement said that a deposit agreement between the Kingdom of Saudi Arabia, represented by the Saudi Fund for Development (SFD), and the Government of the Islamic Republic of […]

by Faisal Shahnawaz

Saudi Arabia allows direct entry from Pakistan

Nov 26

World

Saudi Arabia allows direct entry from Pakistan

ISLAMABAD: Saudi Arabia has allowed direct entry from Pakistan with effect from December 01, 2021, according to a report. The nationals of Pakistan are now eligible for direct entry without spending 14-day quarantine in a third country. According to Saudi Press Agency report quoting an official source at the ministry of interior, the directive will […]

by Mrs. Anjum Shahnawaz

Saudi financial assistance to Pakistan in few days: envoy

Nov 11

Finance, Top stories

Saudi financial assistance to Pakistan in few days: envoy

ISLAMABAD: Saudi Arabia will disburse cash deposits to Pakistan under assistance package pledged on October 26, 2021, Saudi diplomat said on Thursday. While talking to the Pakistan’s state media Saudi Ambassador Nawaf Bin Said Al-Malki said Saudi Arabia will disburse cash deposits under the pledged financial assistance after approval of the Royal Court and signing […]

by Mrs. Anjum Shahnawaz

Pakistan, Saudi Arabia agree to strengthen economic ties

Jul 27

Finance, National

Pakistan, Saudi Arabia agree to strengthen economic ties

Pakistan and Saudi Arabia have agreed to strengthen economic ties, marking a significant step in the long-standing bilateral partnership between the two countries.

by Mrs. Anjum Shahnawaz

Pakistan, Saudi Arabia agree to strengthen bilateral economic ties

May 8

Finance

Pakistan, Saudi Arabia agree to strengthen bilateral economic ties

JEDDAH, Saudi Arabia: Prime Minister Imran Khan met His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud in Jeddah and held wide-ranging talks on bilateral, regional and international issues. The talks were marked by exceptional cordiality and a commitment to fortify the upward trajectory in the bilateral relationship. The Prime Minister conveyed […]

by Mrs. Anjum Shahnawaz