Riyadh, Saudi Arabia: Pakistan’s Ambassador to Saudi Arabia, Ahmad Farooq, has underscored the significant role Pakistani investors and entrepreneurs in the Kingdom can play in strengthening trade and economic ties between Pakistan and Saudi Arabia.
Dynamic Role of Pakistani Community in Saudi Arabia
Speaking at a major event organized by the Investors & Business Forum in Riyadh, Ambassador Farooq praised the vibrant Pakistani community, describing it as dynamic, capable, and highly engaged. He highlighted how their efforts could open new avenues of cooperation between the two brotherly nations.
The event brought together a large number of Pakistani investors and business leaders from Riyadh, Jeddah, Dammam, and other major cities across the Kingdom.
Expanding Opportunities for Bilateral Trade
In his keynote speech, the Ambassador emphasized the vast opportunities available to Pakistani investors in Saudi Arabia, particularly in sectors such as:
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Manpower and skilled labor, Information technology, Industrial development, Import-export and general trade
He reaffirmed the embassy’s commitment to supporting the community’s economic endeavors, stating:
“We are committed to ensuring that the Embassy of Pakistan and the Pakistani community work together in playing an active and meaningful role in the economic progress of our country.”
Diplomatic and Community Support
Dr. Shagufta Zareen, Pakistan’s Trade and Investment Minister in Saudi Arabia, also addressed the gathering. She shared her insights on the wide range of business opportunities available to Pakistani entrepreneurs and emphasized the support being extended through diplomatic channels.
Uniting Investors for Economic Growth
Ghulam Safdar, President of the Pakistan Investors Forum, pointed out that hundreds of Pakistani investors are active across Saudi Arabia. He emphasized the importance of networking and coordination among these investors to:
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Strengthen individual businesses, Generate employment opportunities in Pakistan, Boost foreign exchange reserves, Support the Pakistani economy at large
Prominent Leaders Voice Support
Several notable figures also addressed the forum, including:
Raja Khalid, Zafar Javed, Chaudhry Shafqat Mahmood, Chaudhry Nazir Jutt, Basheer Chaudhry, Asghar Qureshi, Malik Muhammad Bilal, Rana Abdul Rauf
They shared perspectives on entrepreneurship, economic development, and the vital contribution of overseas Pakistanis.
Launch of Pakistan Investors Forum Website
At the conclusion of the event, the official website of the Pakistan Investors Forum was formally launched. This digital platform aims to:
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Enhance communication among Pakistani investors
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Promote regional and global business cooperation
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Serve as a hub for information exchange and investment opportunities
The initiative is expected to significantly contribute to stronger bilateral trade relations and economic growth between Pakistan and Saudi Arabia.
