Key facts
- The Saudi-Pakistan Joint Business Council launched the fund on November 9, 2026.
- The council said the fund's initial size is multi-hundred million and is expected to expand.
- Three-fourths of the fund will be invested in Pakistan; the rest in Saudi Arabian projects.
A joint council of Saudi Arabian and Pakistani investors launched a private equity fund on November 9, 2026, as part of a wider effort by the two countries to deepen private sector trade and investment.
The Saudi-Pakistan Joint Business Council, formed by the governments of both countries, said the fund's initial size is multi-hundred million and is expected to expand based on opportunities across sectors. Three-fourths of the fund will be invested in Pakistan, with the remainder going to Saudi Arabian projects, the council said in a statement.
The launch comes as Islamabad and Riyadh deepen longstanding ties, especially in defense, Reuters reported. It gave no specific figure for the fund's initial size.