ISLAMABAD — Saudi Arabia will invest up to US$25 billion (S$33.9 billion) in Pakistan over the next two to five years in various sectors, Pakistan's caretaker Prime Minister Anwaar-ul-Haq Kakar said on Monday (Sept 4), adding his government would also revive a stalled privatisation process. The South Asian nation is embarking on a tricky path to economic recovery under a...
ISLAMABAD — Saudi Arabia will invest up to US$25 billion in Pakistan over the next two to five years in various sectors, Pakistan's caretaker Prime Minister Anwaar-ul-Haq Kakar said on Monday , adding his government would also revive a stalled privatisation process.
There was no immediate response to a Reuters request to the Saudi Arabian government for comment on Kakar's remarks. Kakar did not specify projects Riyadh was looking at for investment, but last month Barrick Gold Corp said it was open to bringing in Saudi Arabia's wealth fund as one of its partners in Pakistan's Reko Diq gold and copper mine.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Shanghai Stock Exchange signs MOU with the Saudi ExchangeSHANGHAI : The Shanghai Stock exchange said it signed Memorandum of Understanding (MOU) with the Saudi Exchange in Riyadh on Sunday, to lay the foundation for future cooperation.Both exchanges will explore cooperation opportunities in cross-listings, fintech, ESG (Environmental, Social, and Governance) an
Read more »
Ronaldo celebrates 850th career goal in Al-Nassr winCristiano Ronaldo celebrated his 850th career goal as Al Nassr won 5-1 at Al-Hazm in the Saudi Pro League on Saturday (Sep 2). Ronaldo scored his sixth goal in his last three games and claimed two assists as Al Nassr recorded a third straight league victory. Sadio Mane was also on the scoresheet.
Read more »
Ronaldo celebrates 850th career goal in Al-Nassr winCristiano Ronaldo celebrated his 850th career goal as Al Nassr won 5-1 at Al-Hazm in the Saudi Pro League on Saturday. Ronaldo scored his sixth goal in his last three games and claimed two assists as Al Nassr recorded a third straight league victory. Sadio Mane was also on...
Read more »
India overcome dropped catches to thump Nepal in Asia CupIndia shook off some sloppy fielding and fired with the bat to comprehensively beat Nepal in a rain-shortened Asia Cup match in Pallekele on Monday as they joined arch-rivals Pakistan in the Super Four stage from Group A. Chasing a revised target of 145 in 23 overs following a long rain interruption, India
Read more »
Cirstea beats Bencic to reach first Grand Slam quarters in 14 yearsNEW YORK : Romanian Sorana Cirstea reached the quarter-finals of a Grand Slam for the first time in 14 years on Sunday after upsetting 15th seed Belinda Bencic 6-3 6-3 at the U.S. Open.Making her 59th Grand Slam main draw appearance and 15th at the U.S. Open, the 33-year-old Romanian's only other quarter-
Read more »
20 most profitable old freehold condos in the last 10 years (averaging $500k profit)Real estate is often touted as a sound investment, but the reality is that not all properties appreciate at the same rate. For those seeking stability and growth in their investment, certain freehold condos in Singapore have consistently delivered. Between the years 2013 to 2023, there were some standout projects that defied market fluctuations and proved their worth. In this...
Read more »