Saudi Arabia announces $1B investment in Pakistan

  • 📰 trtworld
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Saudi Arabia announces investing $1 billion in Pakistan, just a day after Qatar promised to invest $3 billion in the South Asian country

Saudi and other allies have promised help to Pakistan, which is in political and economic turmoil with foreign reserves having dropped as low as $7.8 billion.

The Saudi Foreign Ministry said in a statement on Thursday that King Salman bin Abdulaziz has issued investment orders to help Pakistan's economy. Local media claimed last week that Islamabad has planned to sell two LNG-fired power plants to Qatar, as well as 51 percent shares in the Roosevelt Hotel in New York and Pakistan International Airlines.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What's the catch. Unite the evil governments together?

Jared Kushner secured a $2 billion investment from a fund led by the Saudi crown prince.

The imported government of Pakistan selling to them Pakistan state own enterprises it very cheap price..! Shame for them to selling our Assets.!

थोड़ा अफगानिस्तान में भी इन्वेस्ट कर लो सब।

Ne Suudi Arabistan ne Qatar, zerre demokrasi olmayan üçüncü dünya ülkesi

Bize ne amk, ne Arap sevicisiniz

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 101. in BUSİNESS

Business Business Latest News, Business Business Headlines