ISLAMABAD: A Saudi business delegation on Saturday signed two memorandums of understanding (MoUs) to promote IT education and sports in Pakistan’s southern Sindh province, amid Riyadh’s deepening engagement with the South Asian nation.
The delegation, led by Prince Mansour bin Mohammed bin Saad Al-Saud, chairman of the Saudi-Pakistan Joint Business Council met with Sindh Governor Kamran Tessori to discuss expanding opportunities for youth in education, technology and sports.
The development came weeks after Pakistan and signed a defense pact and are now exploring new economic opportunities. The latest agreements signal Riyadh’s growing interest in supporting youth and innovation in Pakistan.
“Under these MoUs, the two countries will work together to provide new avenues of growth for youth through modern IT education, joint training programs, youth exchange initiatives and sports competitions,” Sindh Governor Kamran Tessori’s office said in a statement.
“These MoUs mark the beginning of a new phase of cooperation between Pakistan and the Kingdom of in the fields of youth development, technology advancement and sports collaboration.”
Tessori said Pakistan and ’s this collaboration would help polish the skills of youth and strengthen bilateral relations, according to the governor’s office.
Prince Mansour appreciated Tessori’s efforts and said the potential of Pakistani youth offers an opportunity to deepen its ties with Pakistan.
The Saudi delegation earlier signed two agreements to boost investment in Karachi’s energy sector. They finalized a share-sale agreement with KES Power Limited and a cooperation framework between K-Electric and Trident Energy Limited to explore new opportunities in Pakistan’s power and infrastructure markets.
Pakistan and share longstanding ties rooted in faith, mutual respect and strategic cooperation. Riyadh remains a key political and economic partner, with both nations now expanding collaboration in trade, technology and youth development.