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The Cabinet endorsed an MoU for industrial cooperation with Pakistan in its weekly meeting yesterday chaired by Crown Prince and Prime Minister Mohammed bin Salman, state news agency (SPA) reports.
ICYMI- Businesses from Saudi and Pakistan signed 27 MoUs, last week, that will see investments in Pakistan worth a combined USD 2 bn focused on the agriculture, energy, manufacturing, technology, healthcare, and oil sectors. The agreements were finalized during Investment Minister Khalid bin Abdulaziz Al Falih’s three-day visit to Islamabad.
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Other approvals include:
- The establishment of the Saudi-Kazakh Coordination Council;
- An investment agreement with Venezuela;
- An MoU for digital government cooperation with New Zealand;
- The establishment of a technical college in Jazan;
- The National Cybersecurity Authority’s joining the International Counter Ransome Initiative.
