Saudi eyes airport privatisation

The Ministry of Finance said on Thursday that Saudi group Asyad wants to join the planned sale of Pakistani airports. The group is also exploring additional opportunities across key sectors, including finance. Finance Minister Senator Muhammad Aurangzeb met Asyad chief executive Ghassan Ahmed Amodi, who attended with Group CFO Javaid Akhtar.

Amodi described Pakistan as a long-term investment destination and said the group is satisfied with its experience here. He explained efforts to assemble Saudi and foreign partners holding technical expertise for the airport plan. Wafi Energy Pakistan, whose chief executive attended, described its retail footprint, storage build-out and digital work, plus investments in Khyber-Pakhtunkhwa and further growth plans.

Aurangzeb pointed to progress on macroeconomic stability and better key indicators, while stressing fiscal discipline and structural reforms. He assured investors of government facilitation and encouraged private-sector partnerships to turn interest into concrete projects. He also highlighted Pakistan's strategic location as a possible gateway to regional markets.