UAE allocates financial assistance worth $200m for Pakistan’s economic projects

ISLAMABAD: After a daylong visit to Islamabad to focus on strengthening bilateral ties and discussing regional and international issues, Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan extended financial support worth $200 million to enhance the strategic partnership between the two nations.

invest with imarat

Islamabad’s emerging city centre

Learn More

The $200 million support extended to Pakistan by the first foreign dignitary visiting the country in 2020 will be utilised for various economic projects including development of Small and Medium Enterprises (SME) projects in Pakistan.

“The visit of His Highness the Crown Prince is reflective of the special relations between Pakistan and UAE, which continue to grow deeper with the passage of time. The two leaders reaffirmed their resolve to take these relations to a new level.” Read an official handout.

Prime Minister Imran Khan welcomed the UAE’s interest in investing in myriad sectors in Pakistan and reiterated his government’s resolves to provide maximum facilitation for UAE investments.

For news and blogs, visit Graana.com. 

Maham Tahir

Recent Posts

Rome’s Affordable Real Estate Draws Increasing Investor Interest

As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…

1 day ago

Dubai’s Second Tallest Tower Burj Azizi Shatters Records with Global Luxury Sales Launch

Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…

4 days ago

Real Estate Set to Surge as Government Plans to Scrap FED on Property Deals

The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…

5 days ago

Egypt Launches MLS-Powered Real Estate Platform for Transparency & Investment

Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…

5 days ago

CDA to Hold Open Auction for Commercial Plots in Islamabad from February 25

The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…

5 days ago

Islamabad’s Three Day Spring Festival Set to Wow Visitors with Cultural Showcase

The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…

6 days ago