Pakistani prime minister Shehbaz Sharif has arrived in Saudi Arabia for a high-level meeting with Saudi crown prince Mohammed bin Salman on Eid-ul-Adha to reportedly discuss trade, investment, and regional stability.
Saudi Arabia has threatened to drop oil prices to $50 per barrel if Russia and other OPEC+ members fail to reduce production, potentially sparking a new oil price war.
Trump pledges to "always protect" Saudi Arabia, highlighting his personal bond with Crown Prince Mohammed bin Salman while also pursuing business ventures like the planned Trump Tower in Jeddah and a $2 billion investment from the Saudi wealth fund into his son-in-law Jared Kushner's investment fund.
سعودی ولی عہد اور سعودی عرب کے وزیر اعظم محمد بن سلمان کے مئی کے دوسرے ہفتے میں پاکستان کا دورہ کرنے کا امکان ہے۔ سعودی ولی عہد کے دورے کے دوران پاکستان میں اربوں ڈالرز کی انوسٹمنٹ کے فیصلے متوقع ہیں۔
Per a new purchasing managers’ survey released by HBL and S&P, Pakistan’s manufacturing PMI rose to 50.9 in May, returning to expansion as new orders recovered and export orders posted their strongest rise since February 2025.
Pakistan’s major ports are seeing a sharp rise in container and transshipment activity as Gulf disruption redirects cargo towards Karachi, Port Qasim and Gwadar.
Iranian officials are preparing three days of farewell ceremonies and a 24-hour funeral procession for Ali Khamenei, with events expected in Tehran, Qom and Mashhad.
Trump reportedly warned Netanyahu against further escalation in Lebanon as US-Iran diplomacy faced renewed pressure, with Pakistan and Qatar involved in efforts to preserve a fragile regional framework.