slamabad: Prime Minister Shehbaz Sharif secured a USD 10 billion investment commitment from the United Arab Emirates (UAE) during his recent visit, as reported by a news source on May 24.
According to the details, this marks the second major investment pledge following Saudi Arabia’s USD 5 billion commitment last month. During the meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan, various sectors of Pakistan’s economy were discussed, emphasising cooperation in IT, renewable energy, and tourism. Prime Minister Sharif highlighted Pakistan’s efforts to boost investor confidence and implement agreements related to energy, ports, and banking services.
The visit also focused on enhancing vocational training for Pakistani workers in the UAE and signing MoUs for digital transformation. The aim was to strengthen economic ties and explore further investment and trade opportunities between the two countries.
