DAA Daily

Saudi Arabian Crown Prince announces $20 billion investment in Pakistan

Crown prince of Saudi Arabia Mohammed Bin Salman is currently on a tour around Asia in hopes of strengthening economic and political relations.

On Sunday, he met Pakistan’s prime minister Imran Khan and announced a plan to invest around $20 billion in Pakistani petrochemical and agricultural firms and energy projects.

“Saudi Arabia has always been a friend in need, which is why we value it so much,” said Khan, reflecting upon the economic pressures that Pakistan has faced due to its depreciating currency. “I want to thank you for the way you helped us when we were in a bad situation,” he added.

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