Pakistan seeks deeper investment ties with Saudi Arabia

Pakistan has sought deeper investment ties with Saudi Arabia as the South Asian nation passes through a rare period of economic stability.

Finance Minister Muhammad Aurangzeb told a visiting delegation of Saudi investors that the two nations are “entering a new phase of strategic cooperation that must now translate into deeper economic collaboration and shared prosperity.”

The high-level delegation, led by Prince Mansour bin Mohammad Al Saud, met with senior representatives of Pakistan’s major multinational and local corporations on Friday. The event was hosted by the Overseas Investors Chamber of Commerce and Industry (OICCI) and the Pakistan Business Council (PBC) at the OICCI.

The meeting focused on strengthening strategic economic cooperation and identifying new avenues for investment and trade between the two nations.

Addressing the gathering online, Aurangzeb said Pakistan has achieved macroeconomic stability and is now undergoing structural reforms to ensure long-term sustainability.

OICCI Secretary General M. Abdul Aleem said Saudi Arabia’s growing interest in the country demonstrates renewed global confidence in Pakistan’s reforms and investment potential.

PBC Chairperson Dr Zeelaf Munir briefed the delegation on the improving economic climate, stable exchange rate, and stronger business sentiment.

“Pakistan’s economic recovery is gaining momentum, and Saudi participation can play a pivotal role in driving sustainable growth, industrial expansion, and technology-led development,” she said.

OICCI President Yousaf Hussain highlighted Pakistan’s capacity to diversify exports and develop new markets.

“The opportunity lies in building joint ventures and integrated regional value chains with Saudi partners that can drive export-led growth and shared prosperity,” he stated.

Speaking on the occasion, Prince Mansour reaffirmed his country’s deep-rooted and strategic relationship with Pakistan, emphasizing that it must now be further strengthened through sustained economic engagement and mutually beneficial investments.

Saudi Ambassador Nawaf bin Saeed Al-Malki appreciated Pakistan’s reform drive and the active role of its private sector, expressing confidence that the visit would mark a new era in Saudi–Pakistan economic cooperation.