IIB, Pak-Qatar Insurance intends to invest in housing and hospitality

ISLAMABAD: International Islamic Bank (IIB) and Chairman of Pak-Qatar Takaful Insurance have shown intent to invest in the real estate, housing, and hospitality sectors of Pakistan.

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In a meeting on Thursday with Prime Minister Imran Khan, the Chief executive IIB and Chairman Pak-Qatar Takaful Insurance Sheikh Ali bin Abdullah Thani Al Thani spoke of the potential of real estate of Pakistan.

Speaking on the occasion, Sheikh Ali bin Abdullah told the Prime Minister that he intended to invest in the hospitality industry and a plan has already been in the works.

Pak-Qatar Takaful, with over 70 branches in Pakistan, is familiar with the socio-economic landscape and is interested in investing in other sectors, he noted.

Sheikh Ali lauded the efforts made by PM Khan in promoting peace and security in the region.

The premier also reiterated the importance of bilateral ties and appreciated the brotherly relations both countries have.

Prime Minister Khan expressed satisfaction over the positive trajectory of the relationship between Pakistan and Qatar especially after the visit of the Emir of Qatar to Pakistan in June this year.

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Maham Tahir

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