Qatar, Azerbaijan to invest $5bn, PM Shehbaz tells cabinet

Prime Minister Shehbaz Sharif on Monday informed cabinet members that Qatar and Azerbaijan will invest $5 billion in the country’s various sectors. Addressing a federal cabinet meeting, the prime minister said he has held very productive meetings with leaders of Saudi Arabia and Qatar in which different subjects like solar energy, mines, minerals and IT sectors were discussed. He said a delegation of Qatar Investment Autho­rity would soon visit Pakistan as Qatar has announced it will invest $3 billion. Mr Sharif said that Saudi Crown Prince Mohammed bin Salman during a meeting told him there were immense opportunities for IT-trained workers and asked him to send skilled people from Pakistan to Saudi Arabia as they required IT experts.