Pakistan PM meets Saudi leaders, condemns Aramco attacks

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Pakistani Prime Minister Imran Khan is greeted by King Salman. (SPA)
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Pakistani Prime Minister Imran Khan is greeted by Saudi Crown Prince Mohammed bin Salman. (SPA)
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Pakistani Prime Minister Imran Khan is greeted by Saudi Crown Prince Mohammed bin Salman. (SPA)
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Pakistani Prime Minister Imran Khan is greeted by Saudi Crown Prince Mohammed bin Salman. (SPA)
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Khalid Al-Faisal, Advisor to the Saudi king and governor of Makkah welcomed the Prime Minister of Pakistan, Imran Khan. (AFP)
Updated 20 September 2019

Pakistan PM meets Saudi leaders, condemns Aramco attacks

  • Khan expressed Pakistan’s support for the Kingdom and its efforts to combat these acts of sabotage”
  • The PM also briefed Crown Prince Mohammed about the situation in Indian-administered Kashmir

RIYADH: Pakistani Prime Minister Imran Khan condemned the recent missile and drone strikes on Saudi Aramco oil facilities in the Eastern Province while meeting Saudi leaders in Jeddah on Thursday.

“Pakistan will stand by Saudi Arabia in case of any threat to the sanctity and security of the two holy mosques,” Khan said. 

The king stressed that the Kingdom is capable of dealing with the criminal acts that target the security and stability of the region and global energy supplies.

The prime minister also briefed Crown Prince Mohammed about the situation in Indian-administered Kashmir after New Delhi revoked the limited constitutional autonomy of the disputed Himalayan region on August 5.

Earlier in the day, the prime minister arrived in Saudi Arabia on a two-day official visit, before his trip to New York to attend the 74th Session of the United Nations General Assembly. 

Makkah governor Prince Khalid bin Faisal bin Abdulaziz received Khan at King Abdulaziz International Airport. Pakistan’s envoy to Saudi Arabia Raja Ali Ejaz was also in attendance.

Khan was accompanied by Foreign Minister Shah Mahmood Qureshi, Foreign Secretary Sohail Mehmood, the prime minister's special aide for overseas Pakistanis Zulfiqar Bukhari, and other officials. 

The foreign office said late Wednesday that Khan would discuss the “various dimensions of the grave situation in Indian Occupied Jammu and Kashmir, arising from India’s illegal and unilateral actions of 5 August 2019” during his meeting with the Saudi leadership 

“The Prime Minister has been in regular contact on the Kashmir issue with His Royal Highness Crown Prince Mohamed bin Salman,” the foreign office statement read.

It further highlighted the “growing momentum in Pakistan-Saudi Arabia relations in all areas of cooperation” since the visit to Islamabad by Crown Prince Mohammed bin Salman in February 2019.

“During the Prime Minister’s visit, the two sides will discuss ways of further strengthening the economic partnership between Pakistan and Saudi Arabia,” the official handout stated.

Khan’s visit to Saudi Arabia is expected to further reinforce the close ties between the two countries and deepen bilateral cooperation in diverse fields.


Moath Al-Naeem, chief investment officer of Alpha Capital

Updated 17 October 2019

Moath Al-Naeem, chief investment officer of Alpha Capital

Moath Al-Naeem has been chief investment officer of Alpha Capital since its establishment in March 2018.

Alpha Capital is a rapidly growing company licensed by the Capital Market Authority and with assets well above SR1 billion ($267 million).

Before joining the company, Al-Naeem worked for almost a decade in Saudi Aramco’s investment department, which handled the oil giant’s multibillion-dollar pension and savings plans.

Al-Naeem began his career as a financial analyst in fixed income and public equity desks. Afterwards, he led the international real estate desk, where he conducted an on-site investment review and due diligence on several funds to build the global real assets portfolio.

He worked on the restructuring of Aramco’s thrift savings plan and was part of a team that led the successful spin-off of the investment department to a standalone entity, Wisayah Investment Co.

Al-Naeem, a CFA charter holder, earned his MBA from Imperial College London, and attended executive programs in real estate and private equity at Harvard and London Business School, respectively.

He is a board member of Dammam Airport Co. and Siporex Lightweight Construction Co., and a member of the Investment and Financial Papers Committee at the Riyadh Chamber of Commerce and Industry. He was also a board member of the CFA Society in Saudi Arabia.