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ISLAMABAD – A senior UAE business delegation called on Prime Minister Shebaz Sharif on Friday to discuss opportunities in various sectors of Pakistan.
Led by Sheikh Ahmed Dalmook al Maktoum, the visiting dignitaries exchanged views on exploring investment opportunities in trade, ports and shipping. The meeting of the UAE delegation with senior officials from South Asian countries will boost UAE investment in Pakistan.
Maktoum’s company is known for its extensive experience in energy, agriculture and infrastructure.
During the meeting, Pakistani Prime Minister Sheikh Baz Sharif pledged his full support to investors in the United Arab Emirates.
UAE Investor Delegation Calls on Prime Minister
His Highness Sheikh Ahmed Darmouk Al Maktoum, member of the ruling family of the United Arab Emirates and Chairman of Abu Dhabi Ports Authority, and a delegation met Prime Minister Sheikh Baz Sharif in Islamabad today. pic.twitter.com/fupdjoGK2a
— PMLN Economy (@PMLNEconomy) May 19, 2023
Finance Minister Ishakhdar, Maritime Minister Faisal Sabzwari, Special Advisor Setarik Fatemi and many other high-level leaders attended the meeting. The meeting was also attended by UAE Special Envoy to Pakistan Hamad Obaid Ibrahim Salim Al Zabi.
In a similar development, a high-level delegation from the United Arab Emirates (UAE) signed a strategic Memorandum of Understanding (MOU) that will serve as a direct foreign investment in Pakistan with a total investment of over US$2 billion.
Emirates Group, a state-owned entity, is a leading maritime and logistics provider in the Middle East. By signing a Memorandum of Understanding (MOU) with Karachi Port Trust (KPT), it has taken a major step towards enhancing regional connectivity and boosting Pakistan’s economic growth.
The MoU paves the way for enhanced bilateral cooperation and increased efforts in the development, expansion and digitization of Pakistani port projects. It also represents a shared vision to drive sustainable growth, promote trade diversification, and strengthen bilateral relations between the UAE and Pakistan.
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