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Pakistan PM thanks UAE for $1 billion investment plan – News

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Shehbaz Sharif thanks UAE president, expresses desire to strengthen multifaceted ties with UAE



Pakistani Prime Minister Sheikh Baz Sharif. — file photo

Pakistani Prime Minister Sheikh Baz Sharif. — file photo

Via web service desk

Posted: Sunday, August 7, 2022 at 10:58 pm

Pakistani Prime Minister Sheikh Baz Sharif on Sunday thanked the UAE for announcing a $1 billion investment in Pakistani companies.

In a tweet, Sharif thanked President His Highness Sheikh Mohamed bin Zayed Al Nahyan for his plans to invest in various Pakistani companies.

“Thanks to my brother, His Highness Sheikh Mohamed bin Zayed Al Nahyan @MohamedBinZayed for the investments the UAE will make in various areas in Pakistan. Both brother countries are very eager to further strengthen their multi-faceted relationship,” Sharif said in a tweet.

Also read:

On Friday, an official source in Abu Dhabi stressed that the UAE intends to invest $1 billion in Pakistani companies in various economic and investment sectors.

The move aims to explore new investment opportunities and areas of project cooperation in various fields to expand bilateral economic relations, which is in the best interests of both countries.

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