Finance Minister Seeks More Saudi Investments in Pakistan

Finance Minister Muhammad Aurangzeb has pressed greater investment by Saudi-based businesses in Pakistan, particularly in sectors including blockchain, technology, energy, mining and minerals.

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• Al Kishi reaffirmed Deutsche Bank's long-term commitment to Pakistan and remarked the bank was interested in expanding its corporate and investment banking services in the country.
• Aurangzeb additionally outlined Pakistan's strategy to diversify its external financing sources and strengthen engagement with international capital markets and financial institutions.
• While additionally encouraging greater private-sector participation, the minister remarked Pakistan wants to attract Saudi-based multinational businesses to areas including infrastructure, oil and gas, utilities, mining, technology and blockchain.

Speaking during a session with Deutsche Bank's Middle East and Africa Regional CEO Jamal Al Kishi in London, Aurangzeb highlighted opportunities for international and regional investors to participate in Pakistan's economy.

While additionally encouraging greater private-sector participation, the minister remarked Pakistan wants to attract Saudi-based multinational businesses to areas including infrastructure, oil and gas, utilities, mining, technology and blockchain. Pakistan and Saudi Arabia Extend Partnership in AI and Data.

He remarked ongoing economic reforms were creating further fiscal space and stressed the need to expand access to different sources of external financing.

He additionally expressed interest in increasing the bank's exposure to Pakistan and supporting stronger business and investment links between Pakistan and businesses in the Middle East, particularly Saudi Arabia.

Aurangzeb welcomed Deutsche Bank's continued engagement and remarked stronger cooperation with international financial institutions and private-sector investors would assist Pakistan attract investment, develop its financial markets and backing long-term economic expansion. Stay Connected with ProPakistani.

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For now, finance Minister Seeks More Saudi Investments in Pakistan remains the part of the story worth watching, and further updates are likely as more details are confirmed.