Saudi marketUpdated November 9

Al Jazeera says 75% of the fund is for projects in Pakistan.

Al Jazeera Arabic describes Saudi and Pakistani investors as launching a private-investment fund with initial funding in the hundreds of millions of dollars. Its report says 75% is intended for projects in Pakistan, with the remainder for projects in Saudi Arabia. The split gives the stated trade-and-investment push a clear direction: most of the planned funding is aimed at Pakistan.

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Coverage started November 9