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The Saudi-Pakistani Joint Business Council has launched a private investment fund with initial financing in the hundreds of millions of dollars to boost trade and investment between the two countries. Investors from both sides will contribute equally. The fund will allocate 75% of its capital to investments in Pakistan and 25% to projects in Saudi Arabia, focusing on companies and sectors including agriculture, mining, industry and construction, as well as infrastructure-related opportunities. The fund will begin structuring and making its first investments once it has met regulatory requirements and obtained the necessary approvals.
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