Saudi Arabia pledges $8 billion financial support for Pakistan
Saudi Arabia pledges $8 billion financial support for Pakistan

Riyadh: In a significant move to bolster Pakistan’s economic resilience, Saudi Arabia announced an $8 billion support package on Thursday. The initiative follows directives from the Custodian of the Two Holy Mosques, King Salman, and Crown Prince Mohammed bin Salman to strengthen the strategic partnership between the two nations.

According to the Saudi Press Agency, the assistance includes extending the term of a current $5 billion deposit at the State Bank of Pakistan and providing an additional $3 billion deposit. This financial injection is designed to help Pakistan navigate evolving global economic challenges and stabilize its fiscal position.

The Kingdom’s leadership emphasized that this support reflects the deep-rooted ties and "bonds of brotherhood" between the two countries. By fostering sustainable economic growth, the package is expected to have a positive impact on the living conditions and overall welfare of the Pakistani people.

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Trump announces high-level Israel-Lebanon peace talks in Washington

President Donald Trump confirmed that the leaders of Israel and Lebanon will meet in Washington this Thursday to negotiate a permanent end to hostilities. The talks, mediated by the United States and Pakistan, aim to finalize a ceasefire and establish a long-term security framework for the border region.

The President expressed confidence in a "historic breakthrough," noting that both nations are ready to move beyond decades of conflict. The summit follows weeks of shuttle diplomacy and represents a major push by the administration to stabilize the Middle East and ensure regional maritime security.

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