12 Pakistani firms sign investment deals to expand into Saudi Arabia

Twelve prominent Pakistani companies from various sectors have signed Memorandums of Understanding (MoUs) with Al Raee Group to launch operations and execute large-scale investments in Saudi Arabia. The agreements were signed at the "Saudi Company Formation and Business Expansion Summit 2026," organized by Al Raee Group in Islamabad, marking what organizers described as a significant milestone in investment cooperation and laying a foundation for long-term economic partnership between Pakistan and Saudi Arabia, according to APP. Deputy Chairman Senate Syedaal Khan Nasir, addressing the summit as Chief Guest, said the relations between Pakistan and Saudi Arabia are built on a foundation of faith, mutual trust, and shared progress. He said Saudi Vision 2030 has opened new horizons for global investment and private sector growth, offering opportunities for the Pakistani business community.