📌 Key Highlights & Quick Takeaways:
- President of Pakistan Asif Ali Zardari on Thursday emphasized to increase investment between Pakistan and Saudi Arabia during his visit to t.
- According to the Awan-e-Sadr, companies participating in the exhibition are also evaluating potential investment opportunities in Pakistan.
- According to the President's House, Saudi real estate and investment companies participated in the exhibition held in Lahore's Lake City. Am.
President of Pakistan Asif Ali Zardari on Thursday emphasized to increase investment between Pakistan and Saudi Arabia during his visit to the real estate exhibition held in Lahore. Property developers and investors from both countries are participating in the exhibition. The three-day Saudi Pakistan Real Estate Exhibition will continue till Friday. In this, Saudi companies are presenting their residential and other construction projects in Makkah and Madinah.
According to the Awan-e-Sadr, companies participating in the exhibition are also evaluating potential investment opportunities in Pakistan. The exhibition comes after Saudi Arabia relaxed property ownership rules for foreigners in January, opening up new opportunities for Pakistani buyers to buy property there as well. However, restrictions related to the location and nature of the property will apply. On the other hand, Pakistan wants to increase Saudi investment to stabilize its economy. According to the statement issued by the Secretariat of the House of President, President Zardari said on this occasion that the long-standing brotherly relations of Pakistan and Saudi Arabia must be transformed into strong economic partnership, increased investment and beneficial business opportunities for both countries. The President said that Saudi Arabia has always supported Pakistan in difficult times. He welcomed the efforts to bring the business communities of the two countries closer and stressed that favorable conditions should be created to facilitate investment for foreign companies in Pakistan.
According to the President's House, Saudi real estate and investment companies participated in the exhibition held in Lahore's Lake City. Among them are Safa Investment, Knowledge Economic City, Sumo Investment, Al-Majidiya, Olu Real Estate, Al-Diyar Al Arabiya, Bin Dawood Investment and International Gate Investment. Saudi-Pakistan Business Council Chairman Prince Mansoor Bin Muhammad Al Saud and Vice Chairman of the Council Abdul Aziz Al Ashrafi are also participating in the exhibition. D
