Pakistan, UAE cement bonds

Nahyan, Shahbaz discuss bilateral ties

ISLAMABAD: Pakistan attaches great importance to its cordial and friendly ties with United Arab Emirates and desires to further cement the socioeconomic and trade relations between the two countries. This was stated by Chief Minister Punjab Mian Shahbaz Sharif during his meeting with Governor of Dubai International Financial Center (DIFC) Ahmed Humaid Al Tayer, said a press release received here.

He thanked the UAE government and said that the UAE, and particularly Sheikh Nahyan Bin Mubarak Al Nahyan, has always shown support for Pakistan and this support translates into concrete investments in Pakistan.
The Governor of Dubai International Financial Center (DIFC) Ahmed Humaid Al Tayer welcomed the Punjab Chief Minister and assured continued support of the UAE government to Pakistan.

Dr Naseeer Saidi, Chief Economist & Head of External Relations DIFC also gave presentation on DIFC.
He also pointed out the areas where DIFC could support to Pakistan that could help in reviving the economy. Chief Minister also met with CEO of Burj Khalifa along with representatives from companies such as Emaar, Habib Bank and Oman Insurance. They discussed the investment incentives offered by Pakistan particularly Punjab and the political will of the government to prioritize UAE investment and trade interest in Pakistan. Earlier, Chief Minister Punjab and Chairman of the Punjab Board of Investment and Trade (PBIT), Mohammad Shahbaz Sharif started the second day of his business visit to Dubai, UAE with a meeting with Haji Muhammad Rafiq Giga who is the Chairman Giga Group of Companies.
At an event organised by Habtoor Group, the Chief Minister Punjab said that the success that Habtoor Group has seen in UAE remains an inspiration for Pakistani companies. Meanwhile the 100-CEO delegation and chamber representatives from Punjab have visited the Dubai Chamber of Commerce, the Sharjah Chamber of Commerce and Economic Department of Dubai.
Punjab Board of Investment and Trade have signed MOUs of collaboration and exchanged ideas on how to jointly work to establish trade and investment projects in Punjab. The delegates have also met their counterparts in respective sectors to explore potential joint ventures.  The Chief Minister Punjab is on a 3-day visit to UAE accompanied by a 100-CEO delegation with top companies represented from the sectors of agribusiness, livestock and dairy, mines, minerals and energy and international business. -APP

Posted in: Pakistani News,World News