Nadeem urges KSA to explore investment potential in Pakistan 

ISLAMABAD: Ambassador of Saudi Arabia to Pakistan Nawaf bin Said Al- Malki called on Special Assistant to Prime Minister on Petroleum Nadeem Babar at the Petroleum Division on Wednesday.

The ambassador described the relationship between both Pakistan and the Kingdom of Saudi Arabia as “brotherly, fraternal and based on solid foundations.” This, the ambassador said, is also reflected in the frequent high level of exchanges at the leadership level.

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Nadeem Babar reiterated Pakistan’s abiding goodwill and affection for the Kingdom of Saudi Arabia and its people. He mentioned the special place that the country holds in the hearts of every Pakistani. Babar shared aspects of the reform process being carried out in the energy sector of Pakistan. Pakistan has recently emerged as a leading reformer in the World Bank ease of doing business rankings and countries are looking at it as a favourable investment destination, he said. He invited Saudi business houses to explore the diverse investment potential that the country offers. Both sides expressed satisfaction over the progress on ongoing joint projects in the oil sector.

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