UAE and Pakistan Investments Reached $10 Billion
President Sheikh Mohammed bin Zayed and Prime Minister Sharif affirmed their commitment to deepening the historical ties between the UAE and Pakistan.
The two leaders discussed ways to strengthen cooperation and joint action between both countries, particularly in the economic, commercial, and development fields.
During the meeting, they expressed their desire to expand cooperation in various areas.
Particularly in the economic, commercial, and investment sectors.
Prime Minister Sharif also highlighted Pakistan’s interest in learning from the UAE’s inspiring cultural development experience.
$10 billion investment in Pakistan’s economy
In a significant announcement, the UAE pledged to allocate $10 billion for investment in promising economic sectors in Pakistan.
This investment reflects the UAE’s strong belief in Pakistan’s economic potential and its commitment to supporting the country’s development goals.
Pakistan’s Prime Minister Arrives in Abu Dhabi
Prime Minister Sharif arrived in Abu Dhabi yesterday for a working visit to the UAE.
His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, received Pakistan’s PM upon his arrival at Al Bateen Airport in Abu Dhabi.
The meeting and investment announcement underscore the strong and growing relationship between the UAE and Pakistan.
Both countries are working to further strengthen their ties and work together to achieve mutual prosperity.
The UAE announced the allocation of $10 billion to invest in promising economic sectors in the Islamic Republic of Pakistan. The announcement came following talks held today by His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, “may God protect him,” in… pic.twitter.com/xDg7axHOs9
— UAE Voice (@uae_voiceeng) May 24, 2024
Additional Information:
- The meeting between President Sheikh Mohammed bin Zayed and Prime Minister Sharif was attended by a number of senior officials from both countries.
- The $10 billion investment will be in sectors such as infrastructure, energy, and technology.
- Pakistan is the second-largest source of expatriates in the UAE, with over 1 million Pakistanis living and working in the country.
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