Saudi crown prince invites Pakistan PM to ‘Davos in the Desert’ investment forum

Pakistan Prime Minister Shehbaz Sharif speaks during a meeting with Saudi Ambassador Nawaf bin Said Al-Malki at the Prime Minister’s Office in Islamabad on August 9, 2025. (Handout/PMO)
Short Url
Updated 10 August 2025
Follow

Saudi crown prince invites Pakistan PM to ‘Davos in the Desert’ investment forum

  • Future Investment Initiative in Riyadh gathers global leaders each year to discuss pressing world issues
  • Saudi Arabia has boosted Pakistan’s reserves with large deposits and signed $2.8 billion in deals in 2024

ISLAMABAD: Saudi Crown Prince Mohammed bin Salman on Saturday invited Prime Minister Shehbaz Sharif to attend the ninth Future Investment Initiative (FII) Forum, the annual investment gathering often dubbed “Davos in the Desert.”

The FII brings together global policymakers, investors, entrepreneurs and innovators to explore investment trends, emerging technologies and global economic strategies in line with Saudi Arabia’s Vision 2030.

Sharif attended the event in Riyadh last October during a two-day official visit, engaging with Saudi leadership and participating in high-level discussions on economic and strategic cooperation.

“Amb. Nawaf bin Said Al-Malki, Ambassador of the Kingdom of Saudi Arabia, called on the Prime Minister at the Prime Minister House earlier today,” Sharif’s office said in a statement after the meeting.

“The Ambassador handed over to the Prime Minister a signed invitation letter from His Royal Highness Crown Prince Mohammed bin Salman bin Abdul Aziz Al Saud to participate in the ninth Future Investment Initiatives (FII) Forum to be held in Riyadh from 27-30 October, 2025.”




Saudi Ambassador Nawaf bin Said Al-Malki presenting PM Sharif an invitation from Crown Prince Mohammed bin Salman to attend the ninth Future Investment Initiative Forum in Riyadh this October. (Handout/PMO)

Upon accepting the invitation, Sharif conveyed warm greetings and respect to both King Salman bin Abdul Aziz as well as to the Saudi crown prince.

The prime minister also discussed recent regional developments in what the statement described as a warm and cordial atmosphere.




Saudi Ambassador Nawaf bin Said Al-Malki speaks during a meeting with PM Sharif at the Prime Minister’s Office in Islamabad on August 9, 2025. (Handout/PMO)

Pakistan and Saudi Arabia enjoy close ties, with Riyadh bolstering Islamabad’s foreign currency reserves in recent years by depositing money into Pakistan’s central bank.

The support helped unlock International Monetary Fund (IMF) bailout packages and stabilize the South Asian country’s external finances.

During Sharif’s visit to the kingdom in October 2024, the two nations signed 34 memoranda of understanding worth $2.8 billion, seven of which have since been converted into agreements valued at $560 million.


At OIC meeting, Pakistan calls on world to halt Israel’s annexation of West Bank

Updated 8 sec ago
Follow

At OIC meeting, Pakistan calls on world to halt Israel’s annexation of West Bank

  • Israel this month decided to approve land registration procedures in parts of the West Bank for the first time since 1967
  • FM Ishaq Dar demands end to Palestinian displacement, reconstruction of Gaza, pathway to independent Palestinian state

ISLAMABAD: Pakistan on Friday called on the international community to stop Israel from annexing the occupied West Bank, demanding a “political pathway” toward an independent Palestinian state.
Israel decided this month to approve land registration procedures in parts of the West Bank for the first time since 1967, drawing sharp criticism from Muslim nations along with several European countries, which described it as a move to ease the path for settlement expansion and annexation.

Speaking at an extraordinary ministerial session of the Organization of Islamic Cooperation (OIC), Pakistani Foreign Minister Ishaq Dar said the development carries profound implications not only for the Palestinian people but also for the credibility of international law, United Nations charter and the integrity of the multilateral system.

“Israel continues with impunity to expand illegal settlements and enforce de facto annexation in the Occupied West Bank. These actions, flagrantly violate international law including UN Charter, UN Security Council Resolution 2803 [endorsing President Donald Trump’s peace plan for Gaza], undermine all diplomatic efforts and threaten the very foundation of a just and lasting peace,” Dar said.

“These violations embolden further aggression, erode regional stability and trample on the rights and dignity of the Palestinian people. The international community must decisively act and act now to halt these violations, uphold international law and ensure delivery of the assurances made in good faith to the group of eight Arab-Islamic countries, including Pakistan.”

The West Bank is among the territories that the Palestinians seek for a future independent state. Much of it is under Israeli military control, with limited Palestinian self-rule in some areas run by the Western-backed Palestinian Authority (PA). More than 500,000 Israelis live in settlements and outposts in the West Bank, excluding Israeli-annexed East Jerusalem, alongside nearly three million Palestinians.

Dar recalled that leaders and the foreign ministers of the group of eight Arab-Islamic countries, including Pakistan, engaged with United States President Donald Trump on the sidelines of the UN General Assembly on Sept. 25 to help end the bloodshed in Gaza, ensure unimpeded humanitarian access, secure a permanent and sustainable ceasefire and advance a comprehensive peace process for the Palestinian brothers and sisters.

“During these consultations, we, the group of eight, ensured that the non-annexation of the Occupied West Bank remained firmly on the agenda and assurances were given to us in New York that the annexation of West Bank would not take place,” he said.
“In view of the serious gravity of the situation, we need to collectively ensure, first, an immediate reversal of all Israeli measures aimed at de-facto annexation of the Occupied Palestinian Territory, including West Bank, which constitutes a red line for any just resolution of the issue of Palestine.”

Pakistan is among the Group of Eight Arab Islamic countries, which also includes Saudi Arabia, Jordan, the United Arab Emirates, Qatar, Indonesia, Egypt and Türkiye. Islamabad does not have diplomatic relations with Israel and maintains a firm policy of non-recognition, rooted in its support for an independent Palestinian state in the Middle East with Al-Quds Al-Sharif as its capital.

Speaking at the meeting, Dar called for an immediate end to all “forms of displacement, democratic manipulation and collective punishment” of the Palestinians, a ceasefire in and reconstruction of Gaza as well as “a credible, irreversible and time-bound political horizon” leading to the establishment of a Palestinian state.