ISLAMABAD: The chief minister of Pakistan’s Punjab province has offered Saudi investors incentives as part of a “special package” to explore opportunities in religious tourism, health, education and infrastructure, state-run media reported this week.
Punjab Chief Minister Maryam Nawaz Sharif met Prince Mansour bin Mohammed Al Saud, the former governor of Saudi Arabia’s Hafr Al-Batin province, on Monday to discuss promoting bilateral relations and mutual cooperation between Saudi Arabia and Punjab, the state-run Associated Press of Pakistan (APP) said.
Pakistan and Saudi Arabia enjoy cordial ties, with Riyadh frequently assisting cash-strapped Pakistan by supplying oil on deferred payment terms and financial support to stabilize the South Asian country’s economy.
“During the discussions, the chief minister invited Saudi investors to explore opportunities in infrastructure, health, education, and religious tourism in Punjab,” APP reported. “She assured Saudi investors of her government’s full cooperation and the provision of incentives under a special package.”
Sharif praised Saudi Arabia’s longstanding cooperation with Pakistan, saying that Riyadh was like “Pakistan’s elder brother and the hearts of the people of both countries beat together.”
“The Punjab government has ensured foolproof security and established a system based on merit to improve the business environment in the province,” the report quoted her as saying.
APP said Prince Mansour assured Pakistan of Saudi Arabia’s support.
“The relationship between Pakistan and Saudi Arabia is crucial for the stability and prosperity of the entire region,” he was quoted as saying. “Saudi Arabia will always stand by Pakistan.”
The Kingdom is also home to over 2 million Pakistani expatriates and serves as the source for most overseas workers remittances for Pakistan. Both countries have forged strong business and economic relations in recent months.
In October 2024, Pakistan and Saudi Arabia signed several memorandums of understanding (MoUs) valued at $2.8 billion. In December, Sharif’s office confirmed that seven of the 34 MoUs had been converted into agreements worth $560 million.
Pakistan’s Punjab offers Saudi investors incentives in health, education and religious tourism
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Pakistan’s Punjab offers Saudi investors incentives in health, education and religious tourism
- Punjab CM Maryam Nawaz meets Prince Mansour, former governor of Hafr Al-Batin province
- Pakistan and Saudi Arabia have sought closer business and economic ties in recent months
Senior Daesh spokesperson in Pakistan’s custody— state media
- Sultan Aziz Azzam, a senior member of Daesh regional affiliate ISKP, has been listed as “Specially Designated Global Terrorist” by Washington
- Azzam, who oversaw banned outfit’s media operations, was arrested in May while attempting to cross into Pakistan from Afghanistan, says state media
ISLAMABAD: Pakistani authorities have taken into custody Sultan Aziz Azzam, a senior member of Daesh who used to oversee the banned outfit’s media operations and headed its “Al Azzam” outlet, state media reported on Thursday.
The state-run Pakistan TV Digital reported that Azzam was a senior member of Daesh regional affiliate ISKP, who hails from Afghanistan’s Nangarhar province and is a graduate of the University of Nangarhar where he studied Islamic jurisprudence.
The state media said he joined ISKP in 2016 and later became a prominent member of its leadership council.
“He was arrested in May 2025 while attempting to cross from Afghanistan into Pakistan,” Pakistan TV Digital reported, citing intelligence sources.
In November 2021, Washington listed Azzam as a “Specially Designated Global Terrorist” (SDGT). The move bars American citizens from engaging in transactions with persons designated as SDGTs.
According to a report on the UN Security Council’s website, Azzam has played an “instrumental role” in spreading Daesh’s violent ideology, glorifying and justifying “terrorist acts.”
“Building on his former experience as an Afghan journalist, his activity as ISIL-K’s spokesperson has increased ISIL-K’s visibility and influence among its followers,” the report states.
The report further states Azzam claimed responsibility on behalf of Daesh for the suicide attack near Hamid Karzai International Airport on Aug. 26, 2021, which killed at least 170 Afghans and 13 US service members and injured 150 more.
The development takes place amid tense relations between Pakistan and Afghanistan, with Islamabad alleging militants use Afghan soil to carry out attacks against Pakistan. Kabul denies the allegations.
Tensions surged in October when Pakistan and Afghanistan engaged in fierce border clashes, claiming to have killed dozens of soldiers of the other side.
Pakistan has urged the Afghan Taliban-led government to take “decisive action” against militants it says operate from its soil. Afghanistan says it cannot be held responsible for Pakistan’s security challenges.
