Pakistan PM to visit Riyadh next week to attend Future Investment Initiative summit

Pakistan's Prime Minister Shehbaz Sharif speaks during the annual Future Investment Initiative (FII) conference in Riyadh on October 29, 2024. (AFP/File)
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Updated 26 October 2025
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Pakistan PM to visit Riyadh next week to attend Future Investment Initiative summit

  • Summit brings together global leaders, investors and innovators to explore investment opportunities, advance technologies
  • Shehbaz Sharif to engage with Saudi leadership to explore cooperation in trade, investment, energy and human resources

ISLAMABAD: Prime Minister Shehbaz Sharif will visit Saudi Arabia from Oct. 27-29 to attend the Future Investment Initiative (FII) summit, the foreign office said on Sunday, where he will also interact with the Saudi leadership to explore enhanced cooperation in trade, investment and other sectors. 

The FII was launched in 2017 by Saudi Arabia’s Public Investment Fund under its Vision 2030 program. The forum brings together global leaders, investors and innovators to explore investment opportunities and advance technologies such as artificial intelligence, robotics and green finance.

This year’s summit is set to focus on the theme: ‘The Key to Prosperity: Unlocking New Frontiers of Growth’ to address global challenges and opportunities, focusing on key topics such as innovation, sustainability, economic inclusion and geopolitical shifts.

“At the invitation of His Royal Highness Crown Prince and Prime Minister Mohammed bin Salman, Prime Minister Muhammad Shehbaz Sharif will lead a high-level delegation, including Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar, as well as senior Cabinet Ministers — to Riyadh from 27 to 29 October 2025 to participate in the Ninth Edition of the Future Investment Initiative (FII9),” the foreign office said. 

The statement said Sharif will engage with the Saudi leadership during his visit to explore avenues for enhanced cooperation in trade, investment, energy, and human resource sectors. 

It added that the Pakistan-Saudi Arabia discussions will also cover regional and global issues of mutual interest.

“On the sidelines of FII9, the Prime Minister will also interact with leaders from other participating countries and heads of international organizations,” the foreign office said. 

“These exchanges will highlight Pakistan’s investment potential and its readiness to pursue collaborations in sustainable development, in line with the Think, Exchange, and Act model.”

The statement said Sharif’s visit underscores Pakistan’s commitment to advancing economic diplomacy and fostering strategic partnerships in investment, technology and sustainable development.

Pakistan and Saudi Arabia have long enjoyed close ties but have sought to broaden cooperation in recent years, including a defense pact signed in Riyadh during the prime minister’s visit on Sept. 18 and 34 memorandums of understanding worth $2.8 billion across multiple sectors last year.

The landmark defense pact that formalized their decades-old security ties. As per the agreement, an attack on one country will be considered an attack against both.

The two nations share longstanding ties rooted in faith, mutual respect and strategic cooperation, with Riyadh remaining a key political and economic partner of Islamabad.

It also hosts over 2.5 million Pakistani expatriates, the largest source of remittances for Pakistan’s $407 billion economy.


Pakistan concludes 60-hour joint military exercise featuring 19 states, including Saudi Arabia, US

Updated 10 February 2026
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Pakistan concludes 60-hour joint military exercise featuring 19 states, including Saudi Arabia, US

  • Exercise also featured participation from Turkiye, Uzbekistan, Bangladesh, Egypt, Jordan and Qatar, says military’s media wing
  • Says exercise is designed to enhance professional military skills through exchange of innovative ideas, tactical experiences

ISLAMABAD: A 60-hour-long joint military exercise organized by Pakistan’s army concluded this week at the eastern city of Kharian, featuring participation from 19 countries including Saudi Arabia and the US, the military’s media wing said. 

The 9th International Pakistan Army Team Spirit (PATS) Competition is a 60-hour-long patrolling exercise, which the Pakistani military says is designed to enhance professional military skills through the exchange of innovative ideas, tactical experiences and best practices among participating teams. 

The exercise was held from Feb. 5-9 in the semi-mountainous terrains of Pakistan’s eastern Punjab province, providing participants a “realistic and challenging operational environment.” Pakistan’s Chief of Defense Forces (CDF) Field Marshal Syed Asim Munir attended the closing ceremony of the exercise on Monday and presented awards to participants.

“Over the years, PATS has evolved into a prestigious and highly competitive military exercise, recognized for promoting professional excellence and mutual learning among participating nations,” the Inter-Services Public Relations (ISPR), the military’s media wing, said in a statement. 

“The forum continues to strengthen military-to-military cooperation and understanding, while fostering camaraderie and team spirit in a demanding operational setting.”

This year’s exercise featured participants from 19 countries including Saudi Arabia, Bahrain, Bangladesh, Belarus, Egypt, Iraq, Jordan, Malaysia, Maldives, Morocco, Nepal, Qatar, Sri Lanka, Turkiye, USA and Uzbekistan, the ISPR said.

Indonesia, Myanmar and Thailand attended the exercise as observers while 16 domestic teams from the Pakistan Army and Pakistan Navy, along with observers from the Pakistan Air Force also participated in the event.

Munir appreciated participating teams for their “exceptional professionalism, physical and mental endurance, operational competence and high morale” displayed during the exercise, the military’s media wing said.

“He emphasized the importance of such multinational engagements in enhancing collective preparedness and adapting to the evolving character of modern warfare,” the ISPR added. 

Pakistan routinely holds joint air, ground and sea exercises with regional countries and traditional allies to foster interoperability to counter threats to global peace.