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Saudi Arabia, Pakistan Mull Signing Over $10 Billion Investment Agreements

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Pakistan and Saudi Arabia are likely to sign over $10 billion investment agreements, including a multibillion-dollar oil refinery in Gwadar, during the upcoming visit of Saudi Crown Prince, Mohammed bin Salman. 

So far no date has been given for the visit of the Crown Prince but he is expected to arrive on a two-day trip before the end of this week. 

Dawn reported that three major memorandum of understanding (MoUs) amounting to over $10 billion will be inked during the Saudi Prince’s visit.      

Three MoUs will be signed in the fields of oil refining, liquefied natural gas (LNG) and mineral development. (Shutterstock)

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