UAE Pledges $10 Billion Investment in Pakistan
- Publish date: Friday، 24 May 2024 | Last update: Tuesday، 10 December 2024
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The Pakistani government announced on Thursday that the United Arab Emirates (UAE) has pledged to invest up to $10 billion in Pakistan. The commitment was made during a meeting between UAE President Mohammed bin Zayed Al Nahyan and Pakistani Prime Minister Shehbaz Sharif in Abu Dhabi.
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Meeting Details
During the meeting, Prime Minister Sharif briefed President Al Nahyan on the steps taken by the Pakistani government to attract foreign investment. In response, President Al Nahyan committed to investing $10 billion across various sectors in Pakistan. However, specific details about the investment were not provided.
Invitation and Acceptance
In addition to the investment pledge, Prime Minister Sharif extended an invitation to President Al Nahyan to visit Pakistan, which was accepted. This gesture underscores the strengthening of diplomatic ties between the two nations.