https://arab.news/gfj69
- The meeting in Riyadh focused on investment prospects in mining, agriculture and food security sectors
- Pakistan, Saudi Arabia enjoy strong ties and the Kingdom is largest source of remittances to Pakistan
ISLAMABAD: Azfar Ahsan, founder of the Pakistan’s Nutshell Group, on Thursday met with Saudi Arabia’s Investment Minister Khalid Al-Falih in Riyadh and discussed with him investment prospects in various sectors, including mining, agriculture and food security, Ahsan’s group said.
The Nutshell Group is a combination of Nutshell Communications, Nutshell Conferences and Nutshell Solutions, which has been providing proactive, perceptive and strategic solutions for nearly two decades.
In their meeting in Riyadh, Ahsan, who served as Pakistan’s investment minister in 2021-22, and the Saudi minister discussed possible opportunities for collaboration between both countries in future projects.
“The meeting focused on investment prospects across diverse sectors such as mining and agriculture. A project on food security was specifically discussed in the context of achieving stability and prosperity,” the Nutshell Group said in a statement.
“They emphasized the need for consistency in partnerships for navigating complex geopolitical dynamics and fostering regional stability.”
Both figures expressed optimism about the prospects for deeper cooperation and mutual prosperity.
“They emphasized the enduring strength of the relationship between the two countries aimed at unlocking untapped potential and fostering sustainable economic development,” the statement read.
Pakistan and Saudi Arabia enjoy strong trade, defense and brotherly relations. The Kingdom is home to over 2.7 million Pakistani expatriates and the largest source of remittances to the cash-strapped South Asian country.
Saudi Arabia has also frequently bailed Pakistan out of its economic crisis over the years.