Islamabad: Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to creating a favorable business environment for foreign investors, particularly in the energy sector. This announcement came during a meeting with a delegation from Asyad Group and Wafi Energy Pakistan Limited.

According to a statement by Ministry of Information and Broadcasting, the delegation included key figures such as Ghassan Al Amoudi, CEO of Asyad Holdings KSA, and Zubair Shaikh, Chairman of Wafi Energy Pakistan Limited. The meeting focused on the expansion of investments within Pakistan, where the companies already have significant stakes.

The delegation expressed confidence in Pakistan’s economic potential and outlined plans for increased collaboration in the country’s downstream petroleum sector and energy infrastructure. They acknowledged Pakistan as a host to their largest investments and underscored their commitment to further ventures.

The delegation also praised the government’s ongoing reforms, which they believe are instrumental in establishing a stable economic climate. The Finance Minister, in turn, acknowledged the contributions of Asyad Holdings and Wafi Energy Pakistan to the country’s economy and welcomed their expansion plans.