{"id":7623,"date":"2026-10-22T13:22:04","date_gmt":"2026-10-22T13:22:04","guid":{"rendered":"https:\/\/www.worldwatchalert.com\/?p=7623"},"modified":"2026-10-22T13:22:05","modified_gmt":"2026-10-22T13:22:05","slug":"president-zardari-urges-stronger-economic-ties-and-investment-partnerships-with-saudi-arabia","status":"publish","type":"post","link":"https:\/\/www.worldwatchalert.com\/?p=7623","title":{"rendered":"President Zardari Urges Stronger Economic Ties and Investment Partnerships with Saudi Arabia"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>LAHORE:<\/strong> President Asif Ali Zardari has called for transforming the longstanding and historic relations between Pakistan and Saudi Arabia into stronger economic partnerships, increased investment, and mutually beneficial business opportunities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The president made these remarks during his visit to the Saudi Pakistan Real Estate Expo (SPREX) at Lake City in Lahore, where he highlighted the importance of expanding bilateral economic cooperation and attracting Saudi investment to Pakistan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Upon his arrival, President Zardari was received by Punjab Governor Sardar Saleem Haider Khan and Dr Gohar Ejaz, Chief Executive Officer of Lake City and a member of the Saudi-Pakistan Business Council.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During the visit, the president received a briefing on participating companies, their projects, and investment opportunities in Pakistan\u2019s real estate sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The expo features pavilions of prominent Saudi real estate and investment companies, with participation from Prince Mansour bin Mohammed Al Saud, Chairman of the Saudi-Pakistan Business Council, and Abdul Aziz Al-Ashrafi, Vice Chairman of the council.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Participating Saudi companies include Safa Investment, Knowledge Economic City, Sumou Investment, Al-Majidiya, Ulo Real Estate, Al-Diyar Al-Arabiya, Bin Daood Investment, and International Gate Investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The companies are exploring potential investment opportunities in Pakistan while showcasing projects in Makkah and Madinah to attract investors and promote cross-border business cooperation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Addressing the occasion, President Zardari said Saudi Arabia had consistently stood alongside Pakistan during difficult times, reflecting the enduring friendship and strategic partnership between the two countries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He emphasised that the longstanding fraternal relationship should be translated into greater economic cooperation, stronger investment flows, and expanded business opportunities for both nations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The president appreciated the organisers&#8217; efforts to bring Pakistani and Saudi business communities together, saying such initiatives could open new avenues for foreign direct investment, encourage private-sector collaboration, and establish sustainable economic partnerships.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He observed that the participation of prominent Saudi business and investment groups reflected the growing potential for bilateral cooperation and could support a new phase of development through investment, enterprise, and joint ventures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">President Zardari also stressed the need to provide a supportive and investor-friendly environment to facilitate foreign investment and strengthen Pakistan&#8217;s economic ties with Saudi Arabia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Separately, the new uniforms for Pakistan International Airlines (PIA) cabin crew were also displayed during the occasion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LAHORE: President Asif Ali Zardari has called for transforming the longstanding and historic relations between Pakistan and Saudi Arabia into stronger economic partnerships, increased investment, and mutually beneficial business opportunities.&hellip; <\/p>\n","protected":false},"author":1,"featured_media":7410,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[278,2740],"class_list":["post-7623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan","tag-asif-ali-zardari","tag-pak-saudia-ties"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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