ISLAMABAD: The Chairman of the Saudi-Pakistan Joint Business Council has expressed keen interest in investment opportunities across Pakistan’s agriculture, ports, highways, airport outsourcing, real estate, energy, power distribution, and information technology sectors.
Prince Mansour bin Mohammad Al Saud, leading a high-level Saudi business delegation, showed interest during a meeting with Prime Minister Muhammad Shehbaz Sharif in Islamabad on Tuesday, the PM House media wing said in a statement.
A high-level Saudi business delegation, led by His Highness Prince Mansour bin Mohammad Al Saud, Chairman of the Saudi-Pak Joint Business Council, called on Prime Minister Muhammad Shehbaz Sharif at the PM House. Islamabad, 25 August 2026. pic.twitter.com/yU6xOTx5ql
— Prime Minister’s Office (@PakPMO) August 25, 2026
The Prime Minister conveyed his respectful regards to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and to Crown Prince and Prime Minister Mohammed bin Salman.
While recalling the longstanding brotherly ties between the countries, the Prime Minister discussed avenues for expanding economic cooperation and investment between the two brotherly countries, it said.
Pakistan committed to elevating economic ties with Saudi Arabia
Welcoming the Saudi delegation, the Prime Minister said that, in line with the vision of Crown Prince Mohammed bin Salman, Pakistan is committed to elevating its economic ties with Saudi Arabia into a mutually beneficial strategic economic partnership.
He recalled Prince Mansour’s earlier visits to the country and expressed hope that the current visit would build on previous discussions and lead to the signing of memoranda of understanding and agreements across a range of sectors.
Islamabad: 25 August 2026.
A high-level Saudi business delegation, led by His Highness Prince Mansour bin Mohammad Al Saud, Chairman of the Saudi-Pak Joint Business Council, called on Prime Minister Muhammad Shehbaz Sharif at the PM House today.
During the warm and cordial… pic.twitter.com/iZJcezxaG6
— Prime Minister’s Office (@PakPMO) August 25, 2026
The Prime Minister called for expanding joint collaboration between the two countries through both government-to-government (G2G) and business-to-business (B2B) partnerships.
Prince Mansour reaffirmed the Saudi government’s and business community’s continued interest in deepening business-to-business engagement with Islamabad.
The delegation is meeting with a number of senior government representatives and private-sector stakeholders during its stay in the South Asian nation.
Frequent high-level exchanges
The two countries have substantially deepened their economic engagement over the past two years through frequent high-level exchanges and the work of the Supreme Coordination Council and the Bilateral Finance Group.
Pakistan, Saudi Arabia and Turkiye signed a Joint Defence Pact on August 7, 2026, establishing a collective security framework under which an armed attack against any one member is considered an attack against all three.
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Riyadh remains one of Islamabad’s key economic partners, extending financial support, investment commitments and cooperation in areas including energy security and economic development.
Largest source of remittances
The kingdom remains the country’s largest source of remittances and hosts more than 2.5 million Pakistani expatriates, highlighting the depth of economic and people-to-people ties between the two countries.
Riyadh remains one of Islamabad’s largest suppliers of oil on deferred payment terms and has repeatedly placed deposits with the State Bank of Pakistan to help strengthen the country’s foreign exchange reserves.
Last month, Saudi Arabia extended its $5 billion financial support for Pakistan until 2029, providing a major boost to the country’s external financing position.
