At the Davos Forum, Pakistan’s Finance Minister Muhammad Aurangzeb and Saudi Finance Minister Mohammed Al-Jadaan agreed to strengthen economic relations. Aurangzeb highlighted Pakistan’s improved investment environment, while both leaders reaffirmed their commitment to enhancing financial cooperation.

Key developments included a $15 million agreement between Saudi Exim Bank and Bank Alfalah to boost trade and economic ties. Additionally, Aurangzeb met with Saudi National Bank’s chairman to discuss banking sector collaboration.v