Legal framework to be finalized to boost Pak-UAE economic ties: Envoy

News Image

MG News | June 26, 2019 at 09:13 AM GMT+05:00

June 26, 2019: UAE Ambassador to Pakistan Hamad Obaid Ibrahim Salim Al-Zaabi has said that legal framework would be finalized to strengthen bilateral economic relations during the next Joint Ministerial Commission of Pakistan and the UAE, scheduled to be held in Abu Dhabi.  

Addressing at the Faisalabad Chamber of Commerce and Industry, he said Foreign Minister Shah Mehmood Qureshi would chair the meeting in which legal framework to promote foreign investment would be finalized.

The UAE envoy said both the brotherly countries share common perceptions on global and regional issues.

He said the UAE had strong belief that a stable Pakistan was imperative for sustainable peace in the region.

Responding to a question, he told that UAE visa centers would be opened in Islamabad, Lahore and Karachi to facilitate the Pakistani businessmen.

Related News

Name Price/Vol %Chg/NChg
KSE100 180,104.61
388.90M
-0.11%
-206.60
ALLSHR 108,838.05
888.10M
-0.14%
-150.10
KSE30 53,603.57
82.09M
-0.20%
-109.40
KMI30 252,988.26
112.53M
-0.14%
-356.16
KMIALLSHR 69,789.36
622.55M
0.02%
11.95
BKTi 51,939.19
21.86M
-0.35%
-181.79
OGTi 35,691.88
10.10M
0.01%
3.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,415.00 63,715.00
63,300.00
-60.00
-0.09%
BRENT CRUDE 87.10 87.26
86.20
0.03
0.03%
RICHARDS BAY COAL MONTHLY 110.25 110.50
110.25
-0.50
-0.45%
ROTTERDAM COAL MONTHLY 122.00 122.00
122.00
-0.60
-0.49%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 81.38 81.47
80.71
0.13
0.16%
SUGAR #11 WORLD 16.75 16.84
16.27
0.33
2.01%

Chart of the Day


Latest News
August 14, 2026 at 12:15 AM GMT+05:00

SBP reserves rise $14m to $17bn


August 14, 2026 at 12:05 AM GMT+05:00

SCRA balance falls Rs657m to Rs27.3bn in week


August 13, 2026 at 11:55 PM GMT+05:00

Petrol price rises Rs0.45, HSD up Rs1.16


August 13, 2026 at 04:59 PM GMT+05:00

SECP suspends proposed acquisition of Al Shaheer corporation


August 13, 2026 at 04:39 PM GMT+05:00

Supernet fixes August 19 launch for 85% right share trading



Top 5 things to watch in this week

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