Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Local Syrian sources: The village of Al-Thala in the western countryside of Sweida was subjected to mortar shelling, with explosions heard in the area.
Occupied Palestine: Very violent Israeli raids target Tal al-Zaatar in Jabalia, north of the Gaza Strip.
Occupied Palestine: 15 martyrs were recovered as a result of the ongoing Israeli raids on the city of Beit Lahia and the Jabalia camp in the northern Gaza Strip.
Al Mayadeen's correspondent in occupied Palestine: More than 300 martyrs and 500 wounded in three days of ongoing Israeli raids on the Gaza Strip.
Occupied Palestine: The occupation aims to ethnically cleanse the Sultan area near the Zikim settlement.
Occupied Palestine: The IOF is besieging a school housing displaced persons in the Al-Sultan area, north of the Gaza Strip.
Occupied Palestine: Dozens of martyrs and wounded, mostly children and women, in Israeli raids on the northern Gaza Strip.
Al Mayadeen's correspondent in occupied Palestine: The Israeli occupation is committing genocide in Beit Lahia, north of the Gaza Strip.
Occupied Palestine: The Indonesian hospital is filled with martyrs and wounded after the IOF bombed homes in northern Gaza.
Occupied Palestine: IOF aircraft targeted a tent on Al-Madrasa Street in the Al-Mashrou area, west of Khan Younis, in the southern Gaza Strip

Pakistan's Sharif meets MBS, MBZ, secures $8 bln package

  • By Al Mayadeen Net
  • Source: Agencies
  • 1 May 2022 13:43
  • 1 Shares
3 Min Read

This would mark the first visit for the new Pakistani prime minister to the Gulf countries since his election.

  • x
  • A handout picture provided by the Saudi Royal Palace shows Saudi Arabia's Crown Prince Mohammed bin Salman (R) welcoming Pakistani Prime Minister Shehbaz Sharif in Jeddah on April 30, 2022. (SPA)
    Saudi Arabia's Crown Prince Mohammed bin Salman (R) welcoming Pakistani Prime Minister Shehbaz Sharif in Jeddah on April 30, 2022. (SPA)

Pakistan, which has been struggling with an economic slump, has inked an $8 billion deal with Saudi Arabia during a visit between new Pakistani Prime Minister Shahbaz Sharif and Saudi Crown prince Mohammad bin Salman. 

According to a joint statement, the two sides emphasized the importance of bolstering ties through the Saudi-Pakistani Supreme Coordination Council (SPC), creating a diversification strategy in intra-trade between Riyadh and Islamabad, in addition to intensifying communication between the private sectors of the two countries. In the meeting, they discussed trade and investment opportunities, with the aim to translate them into tangible partnerships. 

Saudi Arabia affirmed its "continuous support" to Pakistan and its economy, "including the discussion of augmenting the $3 billion deposit with the central bank through term extension or otherwise, and exploring options to further enhance the financing of petroleum products and supporting the economic structural reforms for the benefit of Pakistan and its people".

The two sides agreed to "deepen and raise the pace of investment cooperation between the two countries, stimulate partnerships and enable investment opportunities for integration between the private sector in the two countries."

Concerning Yemen, the two sides reiterated their condemnation of what they described as "the Houthi terrorist militia" (Ansar Allah) threat to Saudi security, while seeking a comprehensive political solution to the Yemeni crisis. 

Related News

Desperate to keep Khan out of gov., PPP, PLM-N rush to form coalition

New non-bailable arrest warrant issued for ex-Pakistan PM Khan: Media

Read more: Yemen: 124 Saudi violations of truce recorded in the past 24 hours

 

As for the Palestinian cause, they both stressed the "importance of preserving the status of Al-Quds" and the Islamic identity of the city, while achieving "peace" in accordance with relevant resolutions and "international legitimacy" where Palestinians are guaranteed an "independent state" on the 1967 borders with occupied Al-Quds as the capital.

Read more: Another Palestinian martyr falls by Israeli occupation fire

 

Regarding Syria, they spoke of the importance of reaching a "political solution to the crisis that fulfills the aspirations of the Syrian people and preserves Syria’s unity and territorial integrity."

On April 11, the Pakistani parliament announced the election of Shahbaz Sharif as the new prime minister to succeed Imran Khan, who ousted after a strong pressure campaign that led to a vote of no confidence in him.

Visit to the UAE

  •  Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, exchanging views with Shahbaz Sharif, Prime Minister of Pakistan at Al Shati Palace in Abu Dhabi on Saturday evening. (WAM)
    Sheikh Mohamed bin Zayed Al Nahyan and Shahbaz Sharif at Al Shati Palace in Abu Dhabi on Saturday evening. (WAM)

Sharif also discussed with the Crown Prince of Abu Dhabi, Mohammed bin Zayed Al Nahyan, ways to strengthen relations, in addition to regional and international issues.

The Emirates News Agency reported that Sharif and the Crown Prince of Abu Dhabi met at Al Shati Palace, without specifying the duration of the first visit.

The two sides discussed the "historic relations of the two countries and ways to strengthen and expand their horizons in various fields, in addition to a number of regional and international issues of common concern", without giving details on those issues.

The Crown Prince of Abu Dhabi stressed his country's keenness to "strengthen relations with the UAE in various fields, and to consult and exchange views with it on developments and developments in the region and the world," according to the agency.

  • Shahbaz Sharif
  • Pakistan
  • Mohammed Bin Salman
  • Saudi Arabia

Most Read

A boy draped in a Palestinian flag carries a mock rocket during a weekly anti-US and anti-Israeli rally in Sanaa, Yemen, Friday, May 9, 2025 (AP)

Yemen announces hypersonic missile strike on Ben Gurion Airport

  • Politics
  • 9 May 2025
Palestinians pray over bodies of people killed in the Israeli bombardment who were brought from the Shifa hospital before burying them in a mass grave in the town of Khan Younis, southern Gaza Strip, Wednesday, Nov. 22, 2023. (AP )

Gaza casualty figures mask a much bigger horror, new study shows

  • Politics
  • 11 May 2025
President Donald Trump, left, greets Israeli Prime Minister Benjamin Netanyahu at the White House, Monday, April 7, 2025, in Washington (AP)

US pressures 'Israel' for Gaza deal; Witkoff's Israeli rebuke leaked

  • US & Canada
  • 9 May 2025
Two F-35 jets arrive at it's new operational base Wednesday, Sept. 2, 2015, at Hill Air Force Base, in northern Utah. (AP)

F-35 near-misses over Yemen signal new risks for 'Israel': Forbes

  • Politics
  • 14 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Syria's interim president, Ahmad al-Sharaa, listens during a joint press conference with French President Emmanuel Macron after a meeting at the Elysee Palace in Paris on May 7, 2025 (AP)
Politics

Israeli, Syrian officials met secretly in Baku: Report

Israeli settlers lay on the ground as sirens sound amid the detection of a Yemeni missile, May 15, 2025 (Social media)
Politics

Yemeni missile halts Ben Gurion airport activity: Israeli media

500,000 Syrian refugees return since regime change
Politics

500,000 Syrian refugees return since regime change

Iranian Foreign Minister Abbas Araghchi, left, speaks with his Emirati counterpart Sheik Abdullah bin Zayed al-Nahyan during their meeting, in Abu Dhabi, United Arab Emirates, Monday, May 12, 2025 (AP)
Politics

Iran’s Araghchi: West chose talks after failing militarily

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS