Overview

• A Saudi-Pak Joint Business Council delegation led by Prince Mansour bin Muhammad bin Saad Al Saud arrived in Lahore and was received by Chief Minister Maryam Nawaz Sharif.
• Punjab announced a Special Saudi Industrial State offering a 10-year income tax exemption and a one-time customs duty waiver for Saudi investors.
• The province pledged a fast-track facilitation cell in the Chief Minister’s Office and proposed joint working groups with 30-, 60- and 90-day action plans.
• Prince Mansour highlighted interest in agriculture, livestock, meat processing, mining, IT, health, housing, tourism, semiconductors and pharmaceuticals, calling Punjab a key hub.
• Saudi representatives pledged to build one million low-cost houses in Pakistan over four years, with formal agreements still to be negotiated.