Information Minister Fawad Chaudhry did not reveal if Saudi Arabia would be loaning money to Pakistan to help top up its dwindling foreign currency reserves, but said he expected Saudi Arabia to invest in Pakistan in a major way.
The government told NDTV that resumption of dialogue is not on the cards.
Ties between India and Pakistan nose-dived following a spate of terror attacks on Indian military bases by Pakistan based terror groups since January 2016.
Pakistan's Prime Minister Imran Khan performed the Umrah pilgrimage early Wednesday morning after touching down in Saudi Arabia for his first state visit since taking office in August.
I endorse your sentiment that the only way forward for our two countries lies in "constructive engagement". "Right now, it is one sided where India is constantly just blaming us". The two foreign ministers will attend the South Asian Association for Regional Cooperation (Saarc) foreign ministers lunch and get-together on September 27.
Kim Jong Un greets Moon at airport in Pyongyang
Moon and Kim were also expected to hold a joint news conference on Wednesday if their two sets of summit meetings go smoothly. The North often holds off reporting stories until it has had time to review and edit the video for maximum propaganda impact.
Amid heightened tension with Pakistan over Uri terror attack in which 18 soldiers were killed, India had pulled out of the SAARC Summit to be held in Islamabad in November, 2016. The two sides, he added, should peacefully resolve all outstanding issues, including Kashmir, to bridge differences.
Later, Pakistan also issued a clarification saying that his minister never said Indian PM offered a dialogue. Not only does Saudi Arabia host the largest Pakistani diaspora in the world, Pakistan's energy security also depends on it.
Though Khan has called for resumption of dialogue, India would like to see progress by the neighbour in addressing the issue of terrorism, officials indicated.
Dr Faisal said Pakistan's position was very clear on relations with India.
Despite this reluctant acceptance by India to engage with Pakistan, the development is significant as the Sushma-Qureshi meeting would be the first high-level interaction in almost three years. The death sentence given by a Pakistani military court to former Indian Navy officer Kulbhushan Jadhav for alleged espionage in April past year further hit ties. He added that the disputes around the Siachen Glacier and Sir Creek also require close attention. "The matter pertains to the Ministry of Finance but we are open", he said.
The Pakistan Tehreek-e-Insaf (PTI) chief thanked Prime Minister Modi for his "warm greetings" and best wishes on his assumption of charge as the Prime Minister of Pakistan.