Saudi Arabia’s Public Investment Fund has signed MoUs with the Future Investment Initiative and global financial firms State Street, Brookfield, and Mizuho in order to collaborate on elevating the Kingdom's wealth fund asset management portfolio.
Financiers will gather in Riyadh from October 29 to 31 for Saudi Arabia's 8th Future Investment Initiative. Vision 2030 needs urgent foreign investment amidst tighter budgets, as Saudi eyes foreign investment.
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.
The OIC assembly at Riyadh, marred by internal disagreements, echoed strong condemnations of Israel's actions in Gaza but stopped short of forging a united and actionable response.
Interior Minister Mohsin Naqvi and his Qatari counterpart agreed to deepen security cooperation in Doha this week, as Pakistan and Qatar push behind the scenes to salvage the Islamabad MoU and bring Washington and Tehran back to the table.
Kuwait's Amir has formally ratified the defence cooperation agreement with Pakistan by decree, published in the official gazette. The agreement covers training, logistics, military intelligence, defence industries and a joint military committee.
A Chief Justice called unemployed youth cockroaches. An exam sat by 22 lakh students was leaked, and some of them killed themselves. India's government waited, then delegitimised, then used force, then blamed Pakistan. Each step has failed.
Security forces launched Operation Al Azm in Mastung's Tehsil Khad Kucha, killing 15 terrorists and wounding 12, according to security sources. Eight suspects were detained, one hideout destroyed and a large cache of weapons seized. No casualties were reported among security forces.
Prime Minister Shehbaz Sharif has condemned Houthi attacks on Saudi oil tankers and reaffirmed Pakistan's full support for the Kingdom during a call with Crown Prince Mohammed bin Salman. Both leaders pledged closer cooperation to protect regional stability and vital maritime trade routes.