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PM Shehbaz to lead high-level delegation to Riyadh from Oct 27 to 29 for investment talks

Abdullah Momand
October 26, 2025

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Prime Minister Shehbaz Sharif with Saudi Crown Prince Mohammed bin Salman at Yamama Palace, Riyadh, Saudi Arabia on September 17, 2025. — Saudi Gazette
https://www.dawn.com/news/1951344/p...om-oct-27-to-29-for-investment-talks#comments

Prime Minister Shehbaz Sharif will travel to Riyadh from 27 to 29 October to attend the Ninth Future Investment Initiative (FII9), leading a high-level delegation to explore avenues for strengthening economic and investment cooperation with Saudi Arabia, the Foreign Office (FO) said in a statement.

The FII9 will convene global leaders, investors, policymakers, and innovators to explore the theme, “The Key to Prosperity: Unlocking New Frontiers of Growth”. Thematic discussions will 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 FO statement said.

“During his stay, the prime minister will engage with the Saudi leadership to explore avenues for enhanced cooperation in the trade, investment, energy, and human resource sectors. The discussions will also cover regional and global issues of mutual interest and concern.”

It added that on the sidelines of FII9, PM Shehbaz will also interact with leaders from other participating countries and heads of international organisations.

“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.”

According to the FO, the visit will underscore Pakistan’s commitment to advancing economic diplomacy and fostering strategic partnerships in investment, technology, and sustainable development.

Islamabad and Riyadh have long shared a multifaceted relationship rooted in strategic military cooperation, mutual economic interests, and shared Islamic heritage. These ties have encompassed economic assistance and energy supplies, with Riyadh being a significant source of financial aid and oil for Islamabad.
 
Last month, the two countries signed a defence agreement, pledging that any attack on either nation would be treated as an act of aggression against both.

In 2024, they signed 34 memoranda of understanding (MoUs) worth $2.8 billion, following an earlier deal of 27 MoUs valued at $2.2bn.
 

PM Shehbaz to lead high-level delegation to Riyadh from Oct 27 to 29 for investment talks

Abdullah Momand
October 26, 2025

View attachment 156193

Prime Minister Shehbaz Sharif with Saudi Crown Prince Mohammed bin Salman at Yamama Palace, Riyadh, Saudi Arabia on September 17, 2025. — Saudi Gazette
https://www.dawn.com/news/1951344/p...om-oct-27-to-29-for-investment-talks#comments

Prime Minister Shehbaz Sharif will travel to Riyadh from 27 to 29 October to attend the Ninth Future Investment Initiative (FII9), leading a high-level delegation to explore avenues for strengthening economic and investment cooperation with Saudi Arabia, the Foreign Office (FO) said in a statement.

The FII9 will convene global leaders, investors, policymakers, and innovators to explore the theme, “The Key to Prosperity: Unlocking New Frontiers of Growth”. Thematic discussions will 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 FO statement said.

“During his stay, the prime minister will engage with the Saudi leadership to explore avenues for enhanced cooperation in the trade, investment, energy, and human resource sectors. The discussions will also cover regional and global issues of mutual interest and concern.”

It added that on the sidelines of FII9, PM Shehbaz will also interact with leaders from other participating countries and heads of international organisations.

“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.”

According to the FO, the visit will underscore Pakistan’s commitment to advancing economic diplomacy and fostering strategic partnerships in investment, technology, and sustainable development.

Islamabad and Riyadh have long shared a multifaceted relationship rooted in strategic military cooperation, mutual economic interests, and shared Islamic heritage. These ties have encompassed economic assistance and energy supplies, with Riyadh being a significant source of financial aid and oil for Islamabad.

And this is the time to prove the worth of Defense deal too.

Of course we all know Riyadh has no army to support Pakistan, nobody expects them to send armies here ... but oil supply and Financial Support is what will help Pakistan overwhelm India and make any war real painful for them.

That is where Riyadh's Defense Agreement will count. The timing is very up to the mark.
 
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Prime Minister Shehbaz Sharif reached Saudi Arabia on Monday to represent Pakistan at the Ninth Edition of the Future Investment Initiative (FII9) in Riyadh.

The PM is visiting Saudi Arabia at the invitation of Saudi Crown Prince Mohammed bin Salman and will lead a high-level Pakistani delegation during the trip.

The delegation includes Deputy Prime Minister and Foreign Minister Ishaq Dar, Finance Minister Muhammad Aurangzeb, Information Minister Attaullah Tarar and PM’s aides Tariq Fatemi and Bilal Bin Saqib, according to a statement from the Prime Minister’s Office (PMO).

The invitation for the conference, signed by the crown prince, was given to PM Shehbaz in August by Ambassador of the Kingdom of Saudi Arabia Nawaf bin Said Al-Malky.

The FII9 will convene global leaders, investors, policymakers, and innovators to explore the theme, “The Key to Prosperity: Unlocking New Frontiers of Growth”. Thematic discussions will address global challenges and opportunities, focusing on key topics such as innovation, sustainability, economic inclusion, and geopolitical shifts.

The Foreign Office (FO) said in a statement yesterday that during his visit, the PM would engage with the Saudi leadership to explore avenues for enhanced cooperation in the trade, investment, energy, and human resource sectors.
 
More talk less action
The Saudis are pivoting to be AI data centers - expecting $140 billion from just that(provided they can manage water for cooling).

They can see the pivot to an extent. Pakistan has all the talent to send and help set this up even if they shut up under a semi qualified Saudi.
However, I would be surprised if SS or AM even have the mind to think of it. Their best imagination stops at materials and land.
 
The Saudis are pivoting to be AI data centers - expecting $140 billion from just that(provided they can manage water for cooling).

They can see the pivot to an extent. Pakistan has all the talent to send and help set this up even if they shut up under a semi qualified Saudi.
However, I would be surprised if SS or AM even have the mind to think of it. Their best imagination stops at materials and land.

AI data centers are capital intensive and require very little labor. I am not sure what is even there for Pakistan to contribute. All the technical minds to build the data centers are in the USA.
 

Pakistan, Saudi Arabia launch Economic Cooperation Framework to bolster trade and development


Dawn.com
October 28, 2025

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Prime Minister Shehbaz Sharif meets Saudi Crown Prince Mohammed bin Salman on Monday. — Saudi Press Agency

Pakistan and Saudi Arabia on Tuesday launched the Economic Cooperation Framework, which is based on their shared economic interests and reaffirms their desire to strengthen trade and investment relations.

The decision to launch the framework was taken during a Monday meeting between Prime Minister Shehbaz Sharif and Saudi Crown Prince Mohammed bin Salman on the sidelines of the Ninth Edition of the Future Investment Initiative (FII9) in Riyadh, according to a statement from the Foreign Office (FO).

The FII9 convened global leaders, investors, policymakers, and innovators to explore the theme, ‘The Key to Prosperity: Unlocking New Frontiers of Growth’ and discuss key topics such as innovation, sustainability, economic inclusion, and geopolitical shifts.

“As part of the framework, several strategic and high-impact projects will be discussed in the economic, trade, investment and development fields that will contribute to strengthening cooperation between the two governments, enhancing the pivotal role of the private sector, and increasing trade exchange between the two countries,” the statement read.

It added that the deal would prioritise sectors including energy, industry, mining, information technology, tourism, agriculture and food security. Additionally, Islamabad and Riyadh are studying several joint economic projects, including signing memoranda of understanding (MoU) for an electricity interconnection project between the two countries and cooperation in the energy field.

“This framework represents an extension of both countries’ efforts to strengthen their fraternal relations and reaffirms their shared vision toward building a sustainable partnership across various economic, trade and investment fields in a manner that fulfils the aspirations of their leaderships and the brotherly peoples of both nations and serves their mutual interests,” the statement read.

Celebrating the announcement, Information Minister Attaullah Tarar said: “Another historic chapter unfolds in Pakistan-Saudi relations.”

He said the developed marked a “high point” in the partnership between the two countries, strengthening trade, energy and investment ties.
 
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Pak-Saudi relationship

Pakistan and Saudi Arabia have long shared a multifaceted relationship rooted in strategic military cooperation, mutual economic interests, and shared Islamic heritage. These ties have encompassed economic assistance and energy supplies, with Riyadh being a significant source of financial aid and oil for Islamabad.

Last month, the two nations signed a “Strategic Mutual Defence Agreement” in Riyadh, pledging that any attack on either nation would be treated as an act of aggression against both.

A statement from the PM’s office announced the signing of the pact during a meeting at Riyadh’s Yamama Palace, which stated that “any aggression against either country shall be considered an act of aggression against both”.

“This agreement, which reflects the shared commitment of both nations to enhance their security and to achieve security and peace in the region and the world, aims to develop aspects of defence cooperation between the two countries and strengthen joint deterrence against any aggression,” the statement read.

In 2024, Islamabad and Riyadh signed 34 MoUs worth $2.8 billion, following an earlier deal of 27 MoUs valued at $2.2bn.
 

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