[5] Ghoriwala is known for its historical significance as it is believed to be the location where the Ghurid ruler Muhammad of Ghor set up camp during his invasions of India.

Local legend states that Sultan Ghori dug a well during his stay in the area, and that the Mangal and Hani tribes also accompanied him and settled in the vicinity.

In a recent development, the provincial government of KP has approved plans to establish a new city in the Ghoriwala between Bannu and Lakki Marwat districts.

The new city will be built on 10,000 kanals of land in Ghoriwala, near the China-Pakistan Economic Corridor (CPEC) route and the approved Peshawar–Dera Ismail Khan motorway.

The new city will also provide much-needed housing and other facilities such as healthcare, education, sports and recreation, and uninterrupted power and gas supply to the residents.