Pakistan, UAE sign MoU to deepen development ties

News Image

MG News | June 17, 2025 at 11:32 AM GMT+05:00

0:00

June 17, 2025 (MLN): Pakistan and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU) to enhance cooperation through the exchange of knowledge and expertise across various areas of development.

The agreement was signed in Islamabad by Pakistan’s Minister for Planning and Development, Ahsan Iqbal, and the UAE’s Deputy Minister of Cabinet Affairs for Competitiveness and Knowledge Exchange, Abdullah Nasser Lootah, who is currently visiting Pakistan.

Prime Minister Muhammad Shehbaz Sharif witnessed the signing ceremony.

Under the MoU, both countries will collaborate in key areas including good governance, development planning, public sector reforms, human resource development, urban planning, and science and technology, as per the press release issued.

Earlier, the visiting UAE delegation, led by Abdullah Nasser Lootah, held a meeting with Prime Minister Shehbaz Sharif.

The Prime Minister recalled his recent meeting with UAE President Mohamed bin Zayed Al Nahyan in Abu Dhabi and acknowledged the UAE’s significant role in easing tensions between Pakistan and India.

Outlining the government’s initiatives, the Prime Minister said Pakistan is progressing towards good governance through digitization, a paperless economy, a faceless customs system, and data-driven decision-making.

He expressed Pakistan’s interest in learning from the UAE’s modern management practices to enhance the effectiveness of its reforms.

Abdullah Nasser Lootah praised the contributions of the Pakistani community to the UAE’s development and affirmed the UAE’s commitment to sharing its knowledge and experiences with Pakistan.

Related News

Name Price/Vol %Chg/NChg
KSE100 185,098.83
381.92M
2.01%
3642.50
ALLSHR 111,509.35
956.25M
2.13%
2327.02
KSE30 56,737.75
167.91M
2.00%
1112.07
KMI30 260,872.72
165.83M
2.57%
6529.72
KMIALLSHR 71,488.31
461.39M
2.50%
1744.73
BKTi 53,691.60
50.03M
1.27%
672.83
OGTi 38,672.45
45.54M
4.90%
1805.03
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 92,670.00 95,600.00
92,040.00
-2995.00
-3.13%
BRENT CRUDE 64.06 64.12
63.50
-0.07
-0.11%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-1.95
-2.20%
ROTTERDAM COAL MONTHLY 97.90 98.10
97.70
0.55
0.57%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 59.26 59.33
58.60
-0.08
-0.13%
SUGAR #11 WORLD 14.99 15.00
14.60
0.42
2.88%

Chart of the Day


Latest News
January 18, 2026 at 03:06 PM GMT+05:00

Weekly Market Roundup


January 18, 2026 at 01:13 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


January 17, 2026 at 03:28 PM GMT+05:00

BML to close books for reduction of shares


January 17, 2026 at 02:20 PM GMT+05:00

SBP launches implementation of WE-Finance Code


January 16, 2026 at 07:03 PM GMT+05:00

Auto financing in Pakistan rises to Rs319bn in December



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg