Saudi Arabia Extends $1B Oil Facility, Rolls Over $5B Deposits for Pakistan

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a major boost to Pakistan’s struggling economy, Saudi Arabia has agreed to roll over $5 billion in deposits and extend a $1 billion oil…

Aljomaih Power Denies K-Electric Stake Sale, Reignites Long-Standing Feud

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a major twist to Karachi’s power sector saga, Aljomaih Power Limited (AJP) has denied reports of selling its controlling stake in K-Electric’s parent company,…

Saudi Investors Eye Seven Key Sectors in Punjab

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a major boost to Pakistan’s economic cooperation with the Kingdom of Saudi Arabia, Saudi investors have shown keen interest in seven key sectors across…

Saudi Prince Mansour Bin Mohammed Al Saud to Acquire Majority Stake in K-Electric

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a landmark move set to deepen Saudi-Pakistan economic relations, Prince Mansour Bin Mohammed Al Saud has signed an MoU with Pakistani investor Shehryar Chishti…

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