PR No. 218
Finance Minister Senator Muhammad Aurangzeb Meets Leadership of Asyad Holdings and Wafi Energy Pakistan
Islamabad: February 20, 2025

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting today with Asyad Group. Ghassan Al Amoudi, CEO of Asyad Holdings KSA & Chairman of Wafi Energy Pakistan Limited, Zubair Shaikh, Managing Director & CEO of Wafi Energy Pakistan Limited, and Javaid Akhtar, CFO of Asyad Holdings KSA & Director of Wafi Energy Pakistan Limited, participated. The Finance Minister welcomed the delegation and appreciated Asyad Holdings’ and Wafi Energy Pakistan’s contributions to Pakistan’s energy and investment sectors. He reaffirmed the government’s commitment to facilitating foreign investors and ensuring a business-friendly environment. Senator Muhammad Aurangzeb also briefed the delegation on his recent visit to Saudi Arabia for the AlUla Conference 2025, highlighting the remarkable progress of Vision 2030 and its impact on regional economic transformation. He commended Saudi Arabia’s strides in economic diversification and infrastructure development. The delegation apprised the Minister of their plans to expand their investments in Pakistan, emphasizing that Pakistan already hosts their largest investments. They expressed confidence in Pakistan’s economic potential and shared their vision for further collaboration in the downstream petroleum sector and energy infrastructure. The delegation appreciated the Finance Minister’s efforts in revitalizing Pakistan’s economy, noting that investor and consumer confidence is returning. They lauded the government’s ongoing reforms and commitment to creating a stable economic environment. The Finance Minister reiterated the government’s full support for foreign investors and its dedication to policies that foster investment, innovation, and sustainable economic progress.

PREVIOUS NEXT