UAE invited to invest in energy sector of Pakistan

News Image

MG News | October 31, 2018 at 02:56 PM GMT+05:00

0:00

October 31, 2018: Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has said that energy sector of Pakistan offers huge investment potential especially petrochemicals and hydel energy generation and UAE can benefit from investing in these areas which will further expand the existing bilateral relations.

The Minister said this while talking to Ambassador of UAE, Hamad Obaid Alzaabi. Secretary Planning Zafar Hasan was also present in the meeting.

He added that Pakistan offers investment friendly policies and the Government is committed to attract foreign investment to put the national economy on growth trajectory for achieving its socio-economic targets.

The Minister appreciated UAE’s investment in PARCO and hoped that more avenues will be explored to further bilateral economic cooperation.

The Minister said that Pakistan will fully participate in EXPO 2020 being organized by UAE adding that this will provide an opportunity to two countries to identify areas for future cooperation in diverse sectors.

He noted that a large Pakistani diaspora in UAE was contributing in the development of the country as well as acting as a bridge between the two countries.

(APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,660.00 119,440.00
118,225.00
365.00
0.31%
BRENT CRUDE 72.54 73.17
71.75
0.03
0.04%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.21 69.79
68.45
0.00
0.00%
SUGAR #11 WORLD 16.43 16.58
16.40
-0.16
-0.96%

Chart of the Day


Latest News
July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July


July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want



Top 5 things to watch in this week

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