ISLAMABAD: Saudi Arabia and Pakistan signed a raft of investment deals Sunday worth up to $20 billion for the cash-strapped south Asian country, as Saudi crown prince Mohammed bin Salman launched his Asia tour seeking to emerge from the Khashoggi affair.

Pakistan is facing a serious balance of payments crisis and hopes the deals — seven separate agreements and Memorandums of Understanding — will provide welcome relief to its teetering economy.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details