{
  "id": 3854807,
  "title": "Saudi Group eyes airport privatisation process, investment expansion",
  "url": "https://urgent.news/2026/08/28/saudi-group-eyes-airport-privatisation-process-investment-expansion",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-28T00:28:40.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40436815/saudi-group-eyes-airport-privatisation-process-investment-expansion"
  },
  "original_language": "en",
  "account": "Saudi Asyad Group has shown strong interest in participating in Pakistan's upcoming airport privatization process, aiming to collaborate with Saudi and international partners, particularly in technical expertise. Federal Finance Minister Muhammad Aurangzeb met with Asyad Group's CEO Ghassan Ahmed Amodi and other key executives to discuss the company's existing investments in Pakistan, expansion plans, and potential new ventures across various sectors. Amodi reiterated Asyad Group's long-term commitment to Pakistan as an attractive investment destination and highlighted the significance of the country within the group's portfolio.\n\nThe finance minister expressed his appreciation for Saudi investors' continued interest in Pakistan and the new opportunities arising from the privatization process. He emphasized the need for credible, long-term investors and facilitating commercially viable investments in key sectors. The meeting also addressed Wafi Energy Pakistan Limited's expansion plans, which include a growing retail network, storage infrastructure, and digitalization initiatives. The company shared its investments in Khyber Pakhtunkhwa and other parts of Pakistan, along with its aspirations to further expand operations.\n\nAmodi briefed the finance minister on the Group's interest in the upcoming airport privatization process and its efforts to assemble Saudi and international partners with relevant technical expertise. He also disclosed recent advancements in Asyad Group's airport operations and its expanding presence in the sector globally. The discussion also included Wafi Energy Pakistan Limited's ongoing diversification and investments across various sectors, including retail, storage, and digitalization.\n\nThe finance minister acknowledged Pakistan's progress towards macroeconomic stability, including improvements in economic indicators and the country's sovereign credit profile. He underscored the government's dedication to fiscal discipline, structural reforms, and fostering an enabling environment for sustainable investment and private-sector-led growth. The minister expressed his satisfaction with Asyad Group's confidence in Pakistan and its commitment to expanding investment.\n\nAurangzeb assured the government's continued support for investors and efforts to strengthen private-sector participation, promoting investment-led economic growth. He highlighted Pakistan's strategic location as a potential gateway to regional markets and encouraged ongoing collaboration with the private sector to identify viable opportunities and transform investment interest into tangible projects. Amodi expressed his appreciation for the government's continued engagement and reaffirmed Asyad Group's commitment to further investment in Pakistan and strengthening the enduring economic and commercial partnership between the two nations.",
  "summary": "ISLAMABAD: Saudi Arabia’s Asyad Group has expressed keen interest in participating in Pakistan’s upcoming airport privatisation process and is working to bring together Saudi and international partners with relevant technical expertise, while reaffirming plans to expand its investment footprint in the country. Federal Minister for Finance and Revenue, Muhammad Aurangzeb, held a meeting with…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Business Recorder",
        "title": "Pakistani startup ABHI partners with Saudi’s NOX Group",
        "url": "https://urgent.news/2026/08/27/pakistani-startup-abhi-partners-with-saudis-nox-group",
        "published": "2026-08-27T11:01:50.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}