ISLAMABAD - Federal cabinet has approved the conversion of Prime Minister House into a high-level university.
Federal Information Minister Fawad Chaudhry was addressing a press conference in Islamabad after attending a federal cabinet meeting.
The information minister said that the cabinet has given approval for the agreements between Pakistan and Saudi Arabia. “Saudi Arabia is going to do huge investment in Pakistan,” said Fawad Ch.
Fawad Chaudhry said “Saudi Arabia will make an investment of Rs 30 billion in Pakistan pertaining to the discovery of oil and gas.”
To this an approval has been accorded for the construction of an oil refinery in Gwadar, he added.