UAE urged to invest in real estate, energy

Published March 6, 2024
Pakistan’s Ambassador to the United Arab Emirates, Faisal Niaz Tirmizi, attends Business Opportunities Conference in Dubai on Tuesday. — X/PakinUAE_
Pakistan’s Ambassador to the United Arab Emirates, Faisal Niaz Tirmizi, attends Business Opportunities Conference in Dubai on Tuesday. — X/PakinUAE_

ISLAMABAD: Pakistan’s Ambassador to the United Arab Emirates, Faisal Niaz Tirmizi, has invited UAE investors to invest in Pakistan’s real estate, energy, agriculture, information technology and various other sectors which offer immense business opportunities.

Speaking at the Business Opportunities Conference in Dubai on Tuesday, Ambassador Tirmizi said the Pakistan government deeply encourages business-to-business collaboration among the business community of both Pakistan and UAE.

The conference, held at Habtoor Palace, was attended by more than 100 businessmen from UAE and Pakistan.

“UAE’s investors having rich experiences in construction can avail enormous investment opportunities in Pakistan’s real estate and infrastructure sector,” he emphasised.

The ambassador strongly believed that businessmen are the real leaders who can steer economies towards growth.

He said that Pakistan and UAE enjoy exemplary relations and Pakistani diaspora has contributed significantly to the progress and development of UAE.

Paying homage to the visionary leadership of Sheikh Rashid bin Saeed Al Maktoum’s dream of transforming the region into a commercial hub, the Pakistan envoy said that today’s Dubai is the manifestation of Sheikh’s dream.

At the conference, the UAE was represented by the Ministry of Economy’s Assistant Undersecretary of Intellectual Property Sector, Dr Abdelrahman Hassan Almuaini.

Ambassador Tirmizi said that having more than 60 per cent of its population below the age of 30, Pakistan is a country of about 250 million people that offers im­m­ense opportunities for investment in diverse fields.

President of Islamabad Chamber of Commerce and Industry, Ahsan Zafar Bakhtawari, President of Overseas Pakistanis Business Forum and former ambassador of Pakistan, Javed Malik, and other businessmen also spoke on the occasion.

Published in Dawn, March 6th, 2024

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Online oppression
Updated 04 Dec, 2024

Online oppression

Plan to bring changes to Peca is simply another attempt to suffocate dissent. It shows how the state continues to prioritise control over real cybersecurity concerns.
The right call
04 Dec, 2024

The right call

AMIDST the ongoing tussle between the federal government and the main opposition party, several critical issues...
Acting cautiously
04 Dec, 2024

Acting cautiously

IT appears too big a temptation to ignore. The wider expectations for a steeper reduction in the borrowing costs...
Competing narratives
03 Dec, 2024

Competing narratives

Rather than hunting keyboard warriors, it would be better to support a transparent probe into reported deaths during PTI protest.
Early retirement
03 Dec, 2024

Early retirement

THE government is reportedly considering a proposal to reduce the average age of superannuation by five years to 55...
Being differently abled
03 Dec, 2024

Being differently abled

A SOCIETY comes of age when it does not normalise ‘othering’. As we observe the International Day of Persons ...