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  • Saudi Arabia will invest in a new oil refinery in Pakistan’s growing deep-sea port of Gwadar, Islamabad.
  • The agreement follows a visit last month by Pakistan’s new Prime Minister Imran Khan to the Gulf kingdom as he seeks to attract foreign investment.
  • The Saudis “have shown interest that they want to immediately invest in (the) refinery”, Petroleum Minister Sarwar Khan said.
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