ID :
9778
Wed, 06/11/2008 - 11:28
Auther :

Pakistan, Saudi Arabia enhance Saudi-Pak Investment Bank paid up capital

Jeddah, June 11 PPI: Pakistan and Saudi Arabia decided to enhance paid up capital of Saudi-Pak Investment Bank to meet requirement of financing various investment ventures between the two countries.
The decision was taken at a meeting between Saudi Ministers for Finance, Trade & Industry and visiting ruling Pakistan Peoples Party Co-Chairman Asif Ali Zardari in Jeddah.
Saudi Trade & Industry Minister Abdullah Ali Raza and Agriculture Minister Dr. Fahad Balghunain will visit Pakistan soon to assess possibilities of greater cooperation in all sectors.
Saudi Arabia also expressed interest in encouraging private sector to explore possibilities of partnership and joint venture between two countries.

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