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Home Breaking News

Saudi prince visits Karachi, expresses interest in investment

byCT Report
10/10/2025
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: Chairman of the Saudi-Pak Joint Business Council Prince Mansour bin Mohammad bin Saad Al Saud was all smiles as his motorcade entered Governor House, Karachi.

Young scouts showered rose petals and the air was filled with the fragrance of Oud to welcome Saudi dignitaries.

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The 30-member delegation was warmly greeted by Sindh Governor Kamran Tessori who introduced them to the leading industrialists and businessmen of Karachi, all lined up to receive them.

A flag hoisting ceremony was held, followed by a march past by the bands of Pakistan Army, navy and the air force. They played ceremonial tunes of patriotic songs and saluted the guests. It was such a captivating scene that the visiting delegates filmed it from their mobile phones.

Sindh Governor Tessori expressed his deep admiration for Saudi King Salman bin Abdulaziz Al Saud and lauded the vision of Crown Prince Mohammad bin Salman (MBS).

He also thanked the Saudi envoy for organising this visit. Governor Tessori described Nawaf bin Said Al-Malki as the ambassador of both countries as he has always “conducted diplomacy in a meticulous way for the benefit of both nations”.

Sindh governor said that Pakistan was ready to make every effort for increasing foreign direct investment.

“Prime Minister Shehbaz Sharif and Field Marshal Syed Asim Munir have instructed federal and provincial authorities to do all in their capacity to facilitate Saudi investors. And SIFC is a glimpse of that commitment”, remarked Sindh governor.

Prince Mansour said that, “We would like to thank Pakistani authorities for the approval of free trade agreement with the Gulf states. And we are looking forward to the signature on that agreement. It will increase economic ties, contribute to the security of the investment and reflect on the prices of the commodities as well”.

For this grand reception, the Governor House was lit up by stunning crystal chandeliers and tall trees were decorated with colourful lights. A number of portraits of the Saudi royal family were installed across the corridor leading to the main hall. Prince Mansour and the Saudi ambassador to Pakistan were pleasantly surprised to find their own portraits as well.

Inside the hall, Pakistan Navy gave a detailed presentation about Pakistan International Maritime Expo & Conference (PIMEC) which is going to be held from 3rd to 6th November in Karachi. PIMEC was presented as the gateway to Pakistan’s rising Blue Economy and the future of regional maritime trade.

The guests were informed that the upcoming event will provide an ideal platform for G2B & B2B interaction and negotiations with the target customers and decision makers.

“PIMEC intends to provide a foundation to bring together stakeholders from diverse maritime industries of hydrocarbon extraction, coastal development, shipping port, infrastructure, fisheries, marine tourism, offshore renewable energy, aquaculture, seabed mining, maritime biotechnology, etc. to exploit untapped resources of Blue”.

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