ISLAMABAD: Special Assistant to the Prime Minister (SAPM) on Overseas Pakistanis and Human Resource Development, Jawad Sohrab Malik, on Wednesday signed a letter of intent (LOI) with the Saudi-based global conglomerate, Al Bawani Holdings, to unlock jobs for Pakistani expats.
Malik is on a visit to Saudi Arabia to enhance cooperation on jobs and human resources. On Wednesday, the SAPM visited the headquarters of Al Bawani holdings in Riyadh where he met the company’s CEO and chairman, Engr. Fakher Al-Shawaf.
Al Bawani Holdings, a diversified Saudi conglomerate, is among the top five general contracting entities in the Saudi construction sector.
The Kingdom is home to the largest number of Pakistani expats, over two million, and is the biggest contributor to remittance inflows to the South Asian nation.
“Expressing confidence in the capabilities of Pakistani workers, Malik conveyed to the company Chairman that Pakistani workforce is well-trained and possess the necessary skills and knowledge, making them exceptionally suitable for construction work in KSA,” the Ministry for Overseas Pakistanis said in a statement after the meeting.
“This acknowledgment of Pakistani workforce competence led to a significant development — the signing of a Letter of Intent (LOI) between the Overseas Employment Corporation (OEC) and Al Bawani.”
This LOI establishes a legal framework to “foster cooperation and coordination for mutual benefits, promising to unlock numerous job opportunities for Pakistani professionals and workers in the near future,” the ministry added.
Al Bawani Holdings also said it would establish a state of the art human resource training center in Pakistan, “to further train and equip Pakistani workforce with skills required as per international standards.”
On Tuesday, Malik met with the Saudi Minister for Human Resources and Social Development, Dr. Abdullah Nasser Abu Thnain, and Deputy Minister for Human Resources and Social Development, HE Adnan Abdullah Al-Nuaim, in Riyadh. During the meeting he invited Takamol, a Saudi initiative to develop human capital, to open more testing and training centers in Pakistan, and offered full cooperation to Takamol to work as an independent training and certification company in Pakistan.
“Further, [Saudi] TVTC (Technical and Vocational Training Corporation) can also collaborate for training initiatives in Pakistan,” the SAPM was quoted as saying in a statement on Tuesday.
“[Pakistan’s] NAVTEC (National Vocational and Technical Training Commission) and TVTC shall sign MOU very soon.”
The meeting came days after the Pakistan Overseas Employment Corporation (POEC) and NESMA & Partners, a leading contracting company in Saudi Arabia, signed an agreement to export manpower to the Kingdom.
The “landmark” agreement between the POEC and NESMA & Partners will allow the export of skilled Pakistani labor to Saudi Arabia, specifically for ongoing and upcoming projects of NESMA, which specializes in construction.
Pakistan signs letter of intent with Saudi Arabia’s Al Bawani to unlock jobs for its nationals
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Pakistan signs letter of intent with Saudi Arabia’s Al Bawani to unlock jobs for its nationals
- Al Bawani Holdings, a diversified Saudi conglomerate, is among top five general contracting entities in Saudi construction sector
- Al Bawani Holdings chairman says company will establish a state of the art human resource training center in Pakistan
Pakistan PM invites UAE investment across tech and resource sectors at National Day event
- Shehbaz Sharif says the UAE remains a key economic partner and continues to lend ‘critical support’ to Pakistan
- UAE envoy says both nations have potential for cooperation in renewable energy, AI and economic diversification
ISLAMABAD: Pakistan is ready to welcome investment from the United Arab Emirates across emerging technologies and resource sectors, Prime Minister Shehbaz Sharif said on Monday, as both countries marked the 54th National Day of the Gulf country in Islamabad.
Speaking at the ceremony attended by senior ministers, diplomats and business leaders, Sharif said the UAE remained a key economic partner for Pakistan and continued to lend “critical support” to the country’s stabilizing economy.
“Pakistan takes great pride in its strategic partnership with the UAE, which continues to deepen across every domain of life,” he said. “With Pakistan’s economy stabilizing, we stand ready to welcome Emirati investment in renewable energy, AI, fintech, agriculture and minerals.”
Sharif praised the UAE’s leadership and recalled his earliest memories of the Gulf nation as “a land that believed in possibilities long before they became realities,” saying the country’s progress under President Sheikh Mohamed bin Zayed Al Nahyan commanded “profound admiration.”
UAE Ambassador Salem Al Bawab Al Zaabi said the Emirates was committed to strengthening ties with Pakistan in areas including the economy, energy and artificial intelligence.
He said the two countries shared a “deep-rooted friendship built on mutual respect, shared values and a common vision for regional peace and development.”
“We see tremendous potential for collaboration in renewable energy, artificial intelligence, sustainability and economic diversification,” the ambassador said, adding that the UAE aimed to broaden the scope of its economic relations with Pakistan.
The UAE hosts around 1.8 million Pakistani expatriates, one of the country’s largest overseas communities, who Sharif said contributed “tirelessly” to the Gulf state’s development.
Sharif and Deputy Prime Minister Ishaq Dar also joined the UAE ambassador in a cake-cutting ceremony to mark the occasion.
