Saudi FM-led high-level delegation lands in Islamabad on two-day visit
Prince Faisal visits Pakistan after Saudi Arabia pledged to speed up initial phase of $5bn investment in Pakistan
- FM Ishaq Dar receives Saudi counterpart at airport.
- Saudi FM Farhan to meet president, PM, COAS, others.
- Visit comes following PM's recent meeting with MBS.
ISLAMABAD: As Islamabad eyeing a huge investment from Riyadh, a high-level delegation of Saudi Arabia led by Foreign Minister Prince Faisal bin Farhan bin Abdullah has arrived in the federal capital on a two-day official visit today (Monday).
Finance Minister Ishaq Dar received his Saudi counterpart at the airport while Saudi Ambassador to Pakistan Nawaf bin Saeed Ahmad Al-Malkiy among other officials was also present.
The Saudi FM is visiting Pakistan after Crown Prince Mohammed bin Salman Al Saud, during a recent meeting with Prime Minister Shehbaz Sharif, reaffirmed that Riyadh would never leave Islamabad alone.
During their stay in Pakistan, the Saudi delegation is expected to hold meetings with President Asif Ali Zardari, PM Shehbaz, Chief of Army Staff (COAS) General Syed Asim Munir, and others.
The delegation consists of 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 Ministry of Energy and Saudi Fund for General Investments.
During the premier's visit, the Kingdom of Saudi Arabia had doubled down on its pledge to speed up the initial phase of their $5 billion investment in Pakistan.
The two-day visit is aimed at lending positive impetus to enhanced bilateral cooperation and mutually rewarding economic partnership.
Earlier this month, Geo News learnt via sources that Saudi Arabia was expected to invest $1 billion in the Reko Diq project.