Mohammed bin Salman, Shehbaz Sharif Discuss Regional, Int’l Developments

The Saudi Crown Prince met on Wednesday with the Pakistani Prime Minister at Al-Salam Palace in Jeddah. SPA
The Saudi Crown Prince met on Wednesday with the Pakistani Prime Minister at Al-Salam Palace in Jeddah. SPA
TT
20

Mohammed bin Salman, Shehbaz Sharif Discuss Regional, Int’l Developments

The Saudi Crown Prince met on Wednesday with the Pakistani Prime Minister at Al-Salam Palace in Jeddah. SPA
The Saudi Crown Prince met on Wednesday with the Pakistani Prime Minister at Al-Salam Palace in Jeddah. SPA

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, met on Wednesday with Pakistani Prime Minister Muhammad Shehbaz Sharif at Al-Salam Palace in Jeddah. 

They discussed regional and international developments, as well as the historic relationship between their countries and means to develop cooperation in various fields. 

The meeting was attended by Saudi Defense Minister Prince Khalid bin Salman, Foreign Minister Prince Faisal bin Farhan bin Abdullah, National Security Adviser Musaed Al-Aiban and the Kingdom’s Ambassador to Pakistan Nawaf al-Malki. Pakistan’s Army Chief of Staff Syed Asim Munir also attended the meeting. 

Shebaz Sharif had arrived in Jeddah on Wednesday on an official visit. He will discuss with Saudi officials issues of joint interest as they underscore their cooperation on all political and economic levels. 

Saudi Arabia and Pakistan enjoy close relations that go back more than 70 years and that have become elevated to the level of “strategic partnership” due to their respective leaderships’ keenness on developing cooperation in all fields to serve common interests. 

Pakistan’s Ambassador to Saudi Arabia Ahmad Farooq had previously told Asharq Al-Awsat that the two countries enjoy strong historic relations and they are bound by their strategic partnership. 

Crown Prince Mohammed had visited Pakistan in February 2019 where he announced the establishment of the Saudi-Pakistani Supreme Coordination Council and the signing of investment agreements worth over 20 billion dollars. 

The council has helped develop relations and deepen political, economic, investment, security and military relations between the two sides. 



Riyadh Municipality Introduces Investment Opportunities for Private Sector

Riyadh Municipality Introduces Investment Opportunities for Private Sector
TT
20

Riyadh Municipality Introduces Investment Opportunities for Private Sector

Riyadh Municipality Introduces Investment Opportunities for Private Sector

The Riyadh Municipality has introduced a range of investment opportunities for 2025 through the electronic platform "FURAS," which serves as the primary source for all investors interested in real estate and municipal investments, aiming to create a conducive environment for investment and enhance economic and urban development in the city.

The opportunities encompass over 20 investment sites featuring a range of activities, with areas totaling more than 175,000 square meters. They include commercial ventures, multi-activity residential and commercial spaces, mobile sports clubs, sites designated for the construction of concrete and building materials factories, as well as a café and an ATM.

This step serves as an extension of the Riyadh Municipality's strategy aimed at strengthening the private sector's involvement in urban development.

It facilitates active participation in the development of facilities and services, fostering integration between government initiatives and investment efforts to address societal needs.

Additionally, it contributes to improving the quality of urban life and advancing the objectives of Vision 2030.