PM Sharif invites Saudi investors to Pakistan, offers business facilitation during visit to Kingdom

Pakistan's Prime Minister Shehbaz Sharif (center) and his delegation in a meeting with Saudi Investment Minister Khalid Al-Falih and Mohammad Al-Tuwaijri, head of the Joint Task Force for Economic Engagement, in Jeddah, Saudi Arabia, on March 20, 2025. (PID)
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Updated 21 March 2025
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PM Sharif invites Saudi investors to Pakistan, offers business facilitation during visit to Kingdom

  • Pakistan has tried to strengthened business-to-business relations with Kingdom of Saudi Arabia in recent years
  • Both sides announced in Oct. they had signed 34 memorandums of understanding and agreements worth $2.8 billion

ISLAMABAD: Prime Minister Shehbaz Sharif has invited Saudi businessperson to invest in Pakistan and offered to facilitate them in setting up businesses in the South Asian country, Sharif’s office said on Thursday.
The statement came after Sharif’s meeting with Saudi Investment Minister Khalid Al-Falih and Mohammad Al-Tuwaijri, head of the Joint Task Force for Economic Engagement, during the Pakistan premier’s visit to the Kingdom.
Pakistan has tried to strengthened business-to-business (B2B) relations with Saudi Arabia, with both sides announcing in last Oct. they had signed 34 memorandums of understanding and agreements worth $2.8 billion.
Discussions in Thursday’s meeting focused on strengthening economic cooperation, attracting Saudi investments, and expediting joint initiatives in key sectors, according to Pakistan PM’s office.
“The PM reaffirmed Pakistan’s commitment to facilitating Saudi investors, highlighting the country’s strategic position and investment-friendly policies,” Sharif’s office said in a statement.
“He emphasized Pakistan’s vast potential in energy, infrastructure, agriculture and technology, inviting Saudi businesses to explore opportunities under the Special Investment Facilitation Council (SIFC).”
The Saudi investment minister expressed the Kingdom’s “strong interest” in deepening economic ties with Pakistan, according to the statement.
“They discussed enhancing institutional collaboration to accelerate investment projects and ensure their smooth implementation,” it said.
“Both sides agreed to further strengthen the Pakistan-Saudi economic partnership through structured engagements and swift execution of joint projects.”
Later, Sharif also visited the Prophet’s Mosque in Madinah along with his delegation.




Pakistan’s Prime Minister Shehbaz Sharif (centre) offers prayer at Prophet’s Mosque in Madinah, Saudi Arabia, on March 20, 2025. (PID)


Sharif is on a four-day visit to the Kingdom to strengthen trade and investment ties. The two countries enjoy close defense, diplomatic, political and cultural relations, though they have further consolidated their relations in recent years as Pakistan grappled with a prolonged economic crisis and sought the kingdom’s help.
The Kingdom is also home to more than two million Pakistani expatriates and serves as the top source of remittances.


Imran Khan’s party shutdown draws mixed response; government calls it ‘ineffective’

Updated 08 February 2026
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Imran Khan’s party shutdown draws mixed response; government calls it ‘ineffective’

  • Ex-PM Khan’s PTI party had called for a ‘shutter-down strike’ to protest Feb. 8, 2024 general election results
  • While businesses reportedly remained closed in Khyber Pakhtunkhwa, they continued as normal elsewhere

ISLAMABAD: A nationwide “shutter-down strike” called by former prime minister Imran Khan’s party drew a mixed response in Pakistan on Sunday, underscoring political polarization in the country two years after a controversial general election.

Khan’s Pakistan Tehreek-e-Insaf (PIT) opposition party had urged the masses to shut businesses across the country to protest alleged rigging on the second anniversary of the Feb. 8, 2024 general election.

Local media reported a majority of businesses remained closed in the Khyber Pakhtunkhwa (KP) province, governed by the PTI, while business continued as normal in other provinces as several trade associations distanced themselves from the strike call.

Arab News visited major markets in Islamabad’s G-6, G-9, I-8 and F-6 sectors, as well as commercial hubs in Rawalpindi, which largely remained operational on Sunday, a public holiday when shops, restaurants and malls typically remain open in Pakistan.

“Pakistan’s constitution says people will elect their representatives. But on 8th February 2024, people were barred from exercising their voting right freely,” Allama Raja Nasir Abbas Jafri, the PTI opposition leader in the Senate, said at a protest march near Islamabad’s iconic Faisal Mosque.

Millions of Pakistanis voted for national and provincial candidates during the Feb. 8, 2024 election, which was marred by a nationwide shutdown of cellphone networks and delayed results, leading to widespread allegations of election manipulation by the PTI and other opposition parties. The caretaker government at the time and the Election Commission of Pakistan (ECP) both rejected the allegations.

Khan’s PTI candidates contested the Feb. 8 elections as independents after the party was barred from the polls. They won the most seats but fell short of the majority needed to form a government, which was made by a smattering of rival political parties led by Prime Minister Shehbaz Sharif. The government insists the polling was conducted transparently and that Khan’s party was not denied a fair chance.

Authorities in the Pakistani capital deployed a heavy police contingent on the main road leading to the Faisal Mosque on Sunday. Despite police presence and the reported arrest of some PTI workers, Jafri led local PTI members and dozens of supporters who chanted slogans against the government at the march.

“We promise we will never forget 8th February,” Jafri said.

The PTI said its strike call was “successful” and shared videos on official social media accounts showing closed shops and markets in various parts of the country.

The government, however, dismissed the protest as “ineffective.”

“The public is fed up with protest politics and has strongly rejected PTI’s call,” Pakistan’s Information Minister Attaullah Tarar said on X.

“It’s Sunday, yet there is still hustle and bustle.”

Ajmal Baloch, All Pakistan Traders Association president, said they neither support such protest calls, nor prevent individuals from closing shops based on personal political affiliation.

“It’s a call from a political party and we do not close businesses on calls of any political party,” Baloch told Arab News.

“We only give calls of strike on issues related to traders.”

Khan was ousted from power in April 2022 after what is widely believed to be a falling out with the country’s powerful generals. The army denies it interferes in politics. Khan has been in prison since August 2023 and faces a slew of legal challenges that ruled him out of the Feb. 8 general elections and which he says are politically motivated to keep him and his party away from power.

In Jan. 2025, an accountability court convicted Khan and his wife in the £190 million Al-Qadir Trust land corruption case, sentencing him to 14 years and her to seven years after finding that the trust was used to acquire land and funds in exchange for alleged favors. The couple denies any wrongdoing.