PM Shehbaz arrives in UAE on one-day visit

RAWALPINDI:

Prime Minister Shehbaz Sharif touched down in Abu Dhabi, United Arab Emirates, marking his first official visit to the country since his ascension to office following the elections on February 8th.

UAE President and Abu Dhabi’s ruler, Sheikh Mohamed bin Zayed Al Nahyan, along with the vice president, deputy prime minister, and the head of the presidential court, were present to greet Pakistan’s prime minister at his arrival.

High-level attendees of this warm reception included Pakistan’s Ambassador to the UAE, Faisal Niaz Tirmizi, UAE’s Ambassador to Pakistan, Hamad Obaid Ibrahim Al Zaabi, as well as senior officials from both countries.

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During his visit, Shehbaz is slated to cover a range of topics connected to strengthening bilateral ties, with an accent on enhancing trade and investments with the Emirati leader.

Moreover, Shehbaz plans to meet with influential figures from the UAE, including leaders in business and finance. These discussions will be detailed in an official address, broadcasted live on PTV News at 2:30 PM PST, as per the Prime Minister’s Office (PMO).

Aiming to increase foreign reserves and accelerate industrial development, the government is actively seeking considerable investments from Gulf nations, focusing on Saudi Arabia and the UAE.

A key initiative endorsed by Shehbaz’s administration is the formation of the Special Investment Facilitation Council (SIFC), aimed at simplifying processes for international investors through a single-window clearance system.

Since its inception, the SIFC has pinpointed various promising investment opportunities for Saudi and Emirati investors. The Pakistani government is presenting enticing investment opportunities in sectors such as agriculture, mining, energy, and others, promising affluent returns.

 

 

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