globaldevelopmentinstitute

Month: May 2024

Saudi Arabia, UAE to Invest $25bn in Pakistan

Pakistani officials with knowledge of developments confirmed Saudi Arabia and the United Arab Emirates (UAE) would invest $25 billion each in cash-strapped Pakistan within the next five years as part of projects under a new investment council set up in June 2023. Pakistan constituted the Special Investment Facilitation Council (SIFC), a hybrid civil-military forum, to […]
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