MM Report
DAVOS: Finance and Revenue Minister, Senator Muhammad Aurangzeb, met with Saudi Arabia’s Minister of Investment, Khalid Al-Falih, on the sidelines of the World Economic Forum Annual Meeting in Davos, in what officials described as a constructive dialogue aimed at deepening bilateral economic cooperation.
During the meeting, both ministers reviewed progress on ongoing projects and discussed plans for future collaboration across multiple sectors. The discussions highlighted the growing economic ties between the two countries and the mutual interest in leveraging strategic opportunities for investment and development.
Al-Falih reportedly expressed appreciation for Pakistan’s potential, citing its abundant natural resources, strategic location, and emerging market opportunities as key factors that could attract investment from Saudi Arabia. He emphasized that both countries had significant scope to expand cooperation in areas ranging from energy and infrastructure to technology and industrial development.
Officials noted that technical teams from Pakistan and Saudi Arabia were already working closely to advance shared priorities and ensure productive outcomes from upcoming projects and engagements. The ministers agreed that continued coordination at both the political and technical levels would be essential to translate discussions into concrete results.
Observers said the meeting reflected Islamabad’s ongoing efforts to strengthen economic partnerships in the Gulf, diversify investment sources, and position Pakistan as an attractive destination for foreign capital. With both countries signaling a commitment to practical collaboration, analysts suggested that the dialogue could pave the way for a new phase of bilateral economic engagement, reinforcing long-standing strategic ties between Islamabad and Riyadh.
