ISLAMABAD: Deputy Chairman Senate Syedaal Khan Nasir highlighted the robust relations between Pakistan and Saudi Arabia, underscoring opportunities under Saudi Vision 2030 for Pakistani businesses, during the “Saudi Company Formation and Business Expansion Summit 2026” in Islamabad.
According to Senate of Pakistan, the summit, organized by Al Raee Group, was applauded by Nasir as a crucial platform to enhance economic connectivity and bilateral trade. He assured continued support from the Senate and government for initiatives that promote economic growth and job creation.
Bilal M. Zubair, Chairman of Al Raee Group, emphasized the Kingdom’s business-friendly reforms, including 100% foreign ownership and simplified processes for business expansion. He stated that Pakistani firms could easily enter the Saudi market by providing necessary documentation.
Atif Ikram Sheikh, President of the FPCCI, called for stronger private-sector collaborations and praised Al Raee Group’s role in facilitating trade relations between the two countries. The summit, attended by diplomats and top investors, featured the signing of MoUs between Al Raee Group and 12 Pakistani companies, marking a significant step towards a resilient economic partnership.