ISLAMABAD: Prime Minister Shehbaz Sharif will attend the 8th edition of the Future Investment Initiative (FII) in the Saudi capital of Riyadh on Oct. 29-30, the Pakistani foreign office said on Monday, adding that the Pakistan premier is also expected to meet the Saudi Crown Prince during the visit.
The FII serves as an important platform for countries to showcase their economic strength, draw foreign investments, and engage in dialogue to shape a sustainable future.
This year’s FII, themed as ‘Infinite Horizons: Investing Today, Shaping Tomorrow,’ will focus on global investments in artificial intelligence (AI), robotics, education, energy, space, finance, health care and sustainability.
During the visit, PM Sharif is expected to hold important bilateral talks with Crown Prince Mohammed bin Salman and other senior Saudi officials, according to the Pakistani foreign office.
“The two sides will discuss economic and strategic partnership between Pakistan and the Kingdom of Saudi Arabia and explore bilateral cooperation in the economic, energy, and defense domains,” it said in a statement.
“The prime minister is also expected to engage with participating leaders and entrepreneurs at the FII 8th edition conference.”
In April this year, Sharif had met the Saudi Crown Prince on the sidelines of a special meeting of the World Economic Forum in Riyadh. The two figures had discussed bilateral ties and regional issues, including Israel’s war on Gaza, according to Sharif’s office.
Pakistan and Saudi Arabia enjoy strong trade, defense and cultural ties. The Kingdom is home to over 2.7 million Pakistani expatriates and serves as the top source of remittances to the cash-strapped South Asian country.
Both Pakistan and Saudi Arabia have also been closely working to increase bilateral trade and investment deals, and the Kingdom this year reaffirmed its commitment to expedite an investment package worth $5 billion.
Pakistan PM to attend Future Investment Initiative in Riyadh on Oct. 29-30
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Pakistan PM to attend Future Investment Initiative in Riyadh on Oct. 29-30
- The FII serves as an important platform for countries to showcase their economic strength and draw foreign investments
- This year, the forum will focus on global investments in AI, robotics, education, energy, space, finance and health care
Pakistan, Oman navies hold bilateral exercise to strengthen maritime security cooperation
- Royal Navy of Oman flotilla arrives in Karachi for annual Thamar Al Tayyib exercise, says Pakistan Navy
- Both navies’ personnel held professional dialogues, exchanged experiences during exercise, says navy
ISLAMABAD: A Royal Navy of Oman (RNO) flotilla visited Karachi to take part in the annual bilateral Thamar Al Tayyib (TAT) 2025 exercise, the Pakistan Navy said on Saturday, with both sides aiming to enhance maritime security cooperation.
Pakistan Navy and the RNO have been conducting the TAT series of exercises regularly since 1980. TAT-2023 was conducted in Omani waters in December 2023.
The 12th edition of the exercise saw the participation of RNO vessels Al-Rasikh and Al-Shinas, which were part of the flotilla. Upon their arrival at the port in Karachi, the Omani vessels were warmly received in a ceremony attended by senior officials of the Pakistan Navy.
“Exercise TAT-2025 served as an important platform for mutual learning, enhanced interoperability and professional development,” the navy said.
It said the flotilla’s visit included meetings with senior members of the Pakistan Navy leadership, onboard receptions and visits to key naval installations and training facilities.
Personnel from both navies engaged in professional dialogues, operational discussions and exchanged experiences across various maritime domains, the navy added.
The Omani flotilla’s visit concluded with naval ships from both forces conducting advanced operational maneuvers and joint exercises encompassing major facets of modern maritime warfare.
“Pakistan Navy remains committed to fostering regional maritime cooperation and strengthening ties with partner navies worldwide,” the navy said.
“The Royal Navy of Oman’s participation in TAT-2025 reflects the growing defense partnership between the two friendly nations and their shared resolve to promote regional peace, stability, and maritime collaboration,” it added.
Pakistan enjoys cordial ties with Gulf nations, including Oman. The Pakistan Army, navy and air force regularly organize and participate in international exercises to strengthen defense ties with other countries, particularly those in the Middle East.
