Saudi Arabia and UAE shows interest on investing in Pakistan

The UAE and Saudi Arabia are set to significantly expand their investment in a wide range of sectors and grow trade with Pakistan. These measures will help boost Pakistan’s economy in various sectors.

High-level negotiations have been held by the top leadership of the UAE, Saudi Arabia, and Pakistan to boost trade and investment in the country. Prime Minister Shahid Khaqan Abbasi was closely involved in these talks.

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All three countries are now drawing up their final plans, high-level sources in Pakistan’s ministries of finance, industry, commerce and the Planning Commission told Khaleej Times.

The UAE ambassador to Pakistan, Hamad Obaid Ibrahim Salim Al Zaabi, briefed the top business organization in Pakistan – the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) – and said the UAE government is keen to boost bilateral trade with Pakistan through exploring opportunities in various economic sectors.

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