Pakistan eyes mining deals with global firms at upcoming Future Minerals Forum in Riyadh

Pakistan's Federal Minister for Commerce Jam Kamal Khan (second from left) inaugurates ‘Made in Pakistan’ expo in Jeddah, Saudi Arabia, on February 5, 2025. (Pakistan commerce ministry)
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Updated 06 January 2026
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Pakistan eyes mining deals with global firms at upcoming Future Minerals Forum in Riyadh

  • Forum will be attended by around 20,000 representatives from governments, businesses and associations from over 160 countries
  • Official says Pakistani companies will be showcasing the nation’s mineral potential at the three-day event starting on Jan. 13

KARACHI: Pakistan expects to sign agreements with various international mining companies at the upcoming Future Minerals Forum (FMF) summit in the Saudi capital of Riyadh next week, officials at the state-run Pakistan Petroleum Limited (PPL) exploration firm said on Monday.

The FMF will be attended by around 20,000 representatives from governments, businesses, multilateral and non-governmental organizations, academic institutions and trade associations from more than 160 countries, according to the organizers. Last year, over 3,500 business meetings took place at the forum, during which 126 MoUs and agreements had been signed.

At least 13 public and private companies from Pakistan’s mines and mineral sector will participate in the three-day annual event at the King Abdulaziz International Conference Center in Riyadh on Jan. 13, with the PPL being the lead organizer from Pakistan.

Other Pakistani firms participating in the event include Mari Minerals and Mari Energies, Oil & Gas Development Company Limited (OGDCL), Pakistan Mineral Development Corporation (PMDC), Frontier Works Organization (FWO), Balochistan Mineral Resources Limited (BMRL), Pakistan Minerals Private Limited (PMPL), Government Holdings (Private) Limited, Balochistan Mineral Exploration Company (BMEC), Saindak Metals Limited, Globacore Minerals Limited, Bolan Mining Enterprises and Biafo Industries Limited, according to documents seen by Arab News.

“There are certain MoUs in pipeline with different international mining companies likely to be signed during FMF,” Ajaz Ahmed Khan, a general manager at PPL’s shared services department, told Arab News.

In recent years, Saudi Arabia has positioned itself as a leader in the global minerals and energy sectors and accelerated investments in green technologies, sustainable mining practices, and international collaborations that are shaping the future of the mines and mineral industry.

Pakistani companies will be showcasing the nation’s mineral potential at the Saudi event, according to Khan.

“We are focusing to promote our Pakistan Mineral Investment Forum (PMIF) planned in April in Pakistan, where all major countries and international companies have been invited,” the PPL official said.

Pakistan’s government plans to organize PMIF 2026 in Islamabad to attract foreign investment in the mines and minerals sector. The South Asian country lies in the middle of the mineral-rich geological zone, called the ‘Tethyan Belt,’ where one of the world’s largest copper-gold mines is currently under development at Reko Diq, which is expected to start production by 2028.

“Many other similar initiatives and blocks are currently under exploration or in various stages of development, which make Pakistan a crucial partner in this energy transition,” Petroleum Minister Ali Pervaiz Malik said in a video message, noting that Pakistan last year benchmarked its fiscal and regulatory environment with the best mining jurisdictions in the world to seek patient capital and formalize its mining sector.

At the FMF, Islamabad will set up a dedicated pavilion, titled ‘Pakistan – The Mineral Marvel,’ aimed at showcasing the vast potential and promise of Pakistan’s rich geological landscape to the global mineral community, according to documents seen by Arab News.

Malik will lead a delegation, comprising officials and business leaders from Pakistani mineral companies, at the forum. The South Asian nation will hold a 90-minute Country Showcase Session at the FMF that will feature the petroleum minister, chief executives of Pakistani companies, foreign investors and international experts.
 


Imran Khan will not accept any ‘deal’ for release, sister says amid renewed speculation

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Imran Khan will not accept any ‘deal’ for release, sister says amid renewed speculation

  • Supporters “very impatient” as health dispute intensifies political tensions, Aleema Khan says
  • Government says family politicizing medical issues as party demands independent care

ISLAMABAD: Jailed former Pakistani prime minister Imran Khan will not accept any negotiated arrangement with authorities to secure his release, his sister Aleema Khanum said this week, rejecting renewed speculation of a possible political “deal” as tensions escalate between his party and the government over his health and imprisonment.

The question of a negotiated exit has resurfaced in Pakistan’s political debate in recent weeks following reports about Khan’s medical condition, protests by supporters and comments by government officials referring to past efforts to explore a settlement.

Khan, 73, has been in jail since August 2023 following convictions he and his Pakistan Tehreek-e-Insaf (PTI) party say are politically motivated. He was removed from office in a parliamentary vote of no confidence in April 2022, which he alleges was orchestrated by political rivals with backing from the military, accusations both the government and armed forces deny.

Amid the renewed speculation, Khanum rejected the idea her brother would agree to any compromise.

“His intention was never to do deals. He hates the… if anybody suggests to him, he gets very upset,” Khanum told Arab News during an interview at Khan’s Bani Gala residence on Tuesday. 

Quoting her brother, she said: “I’ll die in jail, but I will not bow my head.”

HEALTH DISPUTE

Political tensions have sharpened after a Supreme Court-appointed lawyer reported this month that Khan had suffered “severe vision loss” in his right eye due to central retinal vein occlusion (CRVO), leaving him with about 15 percent sight in the affected eye.

A team of government doctors examined Khan in prison on Sunday and said his condition was improving. Pakistan’s Interior Minister Mohsin Naqvi accused Khan’s party and family of “cashing in” on the issue.

Khanum disputed the government’s handling of the medical situation, saying her brother had complained of pressure in his eye for months and temporarily lost vision earlier this year.

“There’s no proper facility over there [Adiala Jail],” she said. “Even regular prisoners are taken to a hospital if they’re not well.”

She alleged authorities initially tried to administer a sensitive eye injection inside Adiala before transferring him to the Pakistan Institute of Medical Sciences (PIMS), where the procedure was carried out.

Officials say they were willing to allow further examination at Shifa International Hospital but the family imposed conditions that delayed treatment. Khanum said the government “dismantled” arrangements by refusing to allow his personal physician Dr. Aasim Yusuf and a family member to witness examinations.

PTI Chairman Gohar Ali Khan has said he was satisfied after speaking to doctors who treated Khan, but Khanum insisted only his personal doctor should manage his care.

“Gohar is not a doctor. If you told me that I’ve treated somebody, you and I won’t understand either,” she said.

“Why do we go to doctors then?”

PRISON CONDITIONS AND PROTESTS

Khanum said her brother is held in an 8-by-10 foot cell with limited ventilation, though he spends time reading and exercising.

“He says he gets enough nutrition and exercise,” she said, adding summer heat makes conditions difficult.

The government says Khan, as a high-profile prisoner, is under constant monitoring and medical supervision.

Khan’s sons, Kasim and Sulaiman, who live in the United Kingdom, have applied for visas to visit him but have yet to receive approval, she said.

“They applied last July and again on Jan. 15,” she said. “It’s a visa they should get in one hour and they still haven’t given them.”

She said the two spoke to their father by phone last week but the call repeatedly dropped.

“He told them about his eye,” Khanum said. “He was disturbed.”