Pakistan–UAE ties strengthen with new investment commitments

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MG News | November 27, 2025 at 03:25 PM GMT+05:00

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November 27, 2025 (MLN): Pakistan and the United Arab Emirates (UAE) have renewed their commitment to strengthening economic, strategic, and developmental cooperation as senior officials from both sides held a high-level meeting, as reported by APP.

During a meeting with the newly appointed UAE Ambassador to Pakistan, Salem M. Salem AlBawab Al Zaabi, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb emphasized Pakistan’s resolve to deepen its longstanding fraternal ties with the UAE.

He acknowledged the Emirates’ consistent support to Pakistan through trade, investment, remittances, government-to-government financing, and valuable assistance in Pakistan’s engagement with international financial institutions.

Aurangzeb noted that Pakistan’s economic direction is now focused on boosting trade and attracting long-term foreign investment.

He appreciated ongoing UAE investments in ports, digital banking, logistics, and infrastructure, while inviting greater participation from UAE sovereign funds, multinational companies, and private-sector investors in high-potential sectors such as IT, AI, fintech, agriculture, minerals, logistics, and higher education.

He also briefed the Ambassador on Pakistan’s improving macroeconomic indicators, including stable forex reserves, declining inflation, positive currency outlook, and rising remittances particularly from the UAE.

He said Pakistan is transitioning toward a growth-centric, private-sector-driven economic model.

Ambassador Al Zaabi reaffirmed the UAE’s strong interest in scaling up bilateral trade and investment.

He highlighted the deep historical and professional linkages between the people of both nations and acknowledged the longstanding contributions of Pakistani professionals in the UAE’s development across banking, finance, defence, and public administration.

The Ambassador also briefed the minister on the UAE’s major visa facilitation reforms for Pakistanis, including online visa processing, e-visas without passport stamping, and enhanced digital coordination with Pakistani authorities.

He noted that nearly 500 visas are being processed daily, while a newly opened UAE visa centre in Pakistan will further speed up processing.

Aurangzeb welcomed these developments, stressing that easier mobility is essential for stronger business and investment linkages.

The meeting also covered ongoing defence cooperation, training programs, and military collaboration, with both sides reaffirming their resolve to expand cooperation across trade, investment, technology, defence, and people-to-people exchanges.

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