UAE Pledges $10 Billion Investment to Boost Pakistan's Economy

Photo : X / @CMShehbaz

The United Arab Emirates has unveiled a significant investment plan, allocating $10 billion for promising economic sectors in Pakistan. This announcement came after discussions between UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Pakistan's Prime Minister Shehbaz Sharif, who is currently on a working visit to the UAE.

The pivotal meeting took place at Qasr Al Shati in Abu Dhabi, where the two leaders explored various avenues to enhance cooperation in key sectors, with a particular focus on the economy, trade, and development. Their dialogue underscored the mutual commitment to deepening bilateral ties and fostering collaborative initiatives that benefit both nations.

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In addition to economic cooperation, Sheikh Mohamed bin Zayed and Prime Minister Sharif reviewed several facets of their countries' partnership, emphasizing the importance of sustained dialogue and joint efforts to address common challenges and seize shared opportunities. This substantial investment from the UAE is expected to significantly bolster Pakistan's economic landscape, paving the way for enhanced trade relations and developmental projects.

This move is part of a broader strategy to strengthen economic ties and foster sustainable development, reflecting the UAE's ongoing commitment to supporting Pakistan's economic growth and stability. The leaders' meeting highlighted the strong bilateral relationship and the potential for future cooperation in various priority sectors.