Islamabad, February 22, 2024 – In an ambitious move, Pakistan is setting its sights on boosting bilateral trade with Saudi Arabia to $20 billion in the coming years, according to statements made by Caretaker Federal Minister for Commerce and Industry, Gohar Ejaz, in Riyadh on Thursday.
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Pakistan and Saudi Arabia Inch Closer to Free Trade Agreement
Islamabad, December 3, 2023 –Pakistan and Saudi Arabia have made substantial progress towards a Free Trade Agreement (FTA) by reaching a consensus on investment modalities.
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Saudi Arabia Extends $3 Billion Deposit with Pakistan for Another Year
Islamabad, November 30, 2023 – The Kingdom of Saudi Arabia, through the Saudi Fund for Development (SFD), has announced the extension of a USD 3 billion deposit with the State Bank of Pakistan (SBP) for an additional year.
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Pakistan Advocates for Simplified Job Procedures in Saudi Arabia
Islamabad – Pakistan has communicated its desire for the simplification of procedures to facilitate its citizens seeking employment opportunities in Saudi Arabia.
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Pakistan Supports Saudi Arabia’s Bid to Host FIFA World Cup in 2034
Islamabad, October 6, 2023 – Pakistan has officially expressed its support for the Kingdom of Saudi Arabia’s bid to host the FIFA World Cup in 2034.
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Saudi Weightlifter Makes History with Asian Medal Win
In an extraordinary triumph for Saudi sports, Layan Al-Qurashi has etched her name into the annals of history by clinching an unprecedented achievement.
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PM Sharif Expresses Gratitude to Saudi Arabia for $2 Billion Deposit
Islamabad, July 12, 2023 – In a significant development for Pakistan’s economy, Prime Minister Shehbaz Sharif expressed his heartfelt thanks to Saudi Arabia for depositing a substantial amount of $2 billion with the State Bank of Pakistan (SBP).
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Pakistan, Saudi Arabia ink ‘Road to Makkah’ deal for pilgrim facilitation
In a significant development, Pakistan and Saudi Arabia have officially inked an agreement to implement the “Road to Makkah” initiative, designed to simplify the immigration process for Hajj and Umrah pilgrims.
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Saudi Arabia evacuates 91 people, including Pakistanis, from Sudan amidst crisis
The Embassy of Saudi Arabia in Pakistan recently announced that it had successfully evacuated 91 individuals from different countries, including Pakistani citizens who were stranded in Sudan.
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