Wall Street Journal: Gulf States Set to Invest Billions of Dollars in Pakistan

The "Wall Street Journal" reported that Gulf States are set to invest billions of dollars in Pakistan, which is seeking to attract foreign currency. The newspaper stated that advanced negotiations are taking place to establish a Saudi oil refinery in Pakistan, which could cost up to $14 billion. The Saudis are also in discussions to acquire a stake in a giant copper mine being developed by Canadian company Barrick Gold at a cost of $7 billion in western Pakistan.