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Pakistan, Saudi Arabia, Uzbekistan ink agreement to boost investment

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In a significant development, Pakistan, Uzbekistan and Saudi Arabia have signed a landmark partnership agreement aimed at promoting investment and trade between the three countries.

The agreement is expected to boost economic cooperation and create new opportunities for businesses and investors in the region.

Under the agreement, Uzbekistan’s K-Trade Securities and Ansher Capital, Saudi Arabia, Pakistan, and Uzbekistan will establish a strategic partnership to support cross-border investment.

Ansher Capital, Uzbekistan’s largest investment bank, will work closely with KASB Securities Limited (KASB), a leading stock and commodity brokerage firm in Pakistan, to provide financial advisory and corporate finance services to investors.

The partnership is expected to expand the market and attract foreign investment, particularly in key sectors such as energy, infrastructure, and agriculture.—Agencies

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