After a recent meeting between Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman in Saudi Arabia, Riyadh dispatched a high-level delegation led by Foreign Minister Prince Faisal bin Farhan bin Abdullah for a two-day official visit aimed at bolstering bilateral cooperation and economic ties.
Upon arrival in Islamabad, Prince Faisal was greeted by Foreign Minister Ishaq Dar, with Saudi Ambassador to Pakistan Nawaf bin Saeed Ahmad Al-Malkiy and other officials present at the airport. The visit follows reassurances from Crown Prince Mohammed bin Salman to PM Shehbaz that Riyadh remains steadfast in its support for Islamabad.
During Prime Minister Shehbaz's recent trip, Saudi Arabia reiterated its commitment to accelerate the initial phase of their $5 billion investment in Pakistan. The Saudi delegation is scheduled to meet with President Asif Ali Zardari, PM Shehbaz, Chief of Army Staff (COAS) General Syed Asim Munir, and other key figures during their stay.
The delegation includes Saudi Minister of Water and Agriculture Engineer Abdul Rahman Abdul Mohsen Al-Fadley, Minister of Industry and Mineral Resources Bandar Ibrahim AlKhorayef, Deputy Minister of Investment Badr AlBadr, Head of Saudi Special Committee Mohammad Mazyed Al Towaijri, and senior officials from the Ministry of Energy and Saudi Fund for General Investments.
The objective of the two-day visit is to inject positive momentum into bilateral cooperation and foster a mutually beneficial economic partnership. Earlier reports suggested that Saudi Arabia is anticipated to invest $1 billion in the Reko Diq project.
