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Saudi Group Expresses Keen Interest in Pakistan’s Airport Privatization

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At a glance

  • Saudi Arabia's Asyad Group has expressed interest in Pakistan's airport privatization.
  • The group's CEO met with Finance Minister Muhammad Aurangzeb in Islamabad.
  • Asyad Group plans to expand its investment footprint in Pakistan, including in the energy and financial sectors.

Story so far

Saudi Arabia's Asyad Group has signalled strong interest in investing in Pakistan, specifically in the upcoming privatization of the country's airports. During a meeting in Islamabad, the group's CEO, Ghassan Ahmed Amodi, conveyed this to Finance Minister Muhammad Aurangzeb. The group, which already has a presence in Pakistan through Wafi Energy, reaffirmed its commitment to the country as a long-term investment destination and is also exploring opportunities in the financial sector.

Latest development

Saudi Arabia's Asyad Group has expressed keen interest in participating in Pakistan’s upcoming airport privatisation process, its CEO Ghassan Ahmed Amodi told Finance Minister Muhammad Aurangzeb during a meeting in Islamabad. The group is reportedly working to bring together Saudi and international partners for the venture.

Sources and updates

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