Abu Dhabi, In a significant move to bolster economic and strategic ties, UAE President Sheikh Mohamed bin Zayed Al Nahyan has committed to a $10 billion investment in Pakistan. This pledge was made during a comprehensive meeting with Pakistan’s Prime Minister Shehbaz Sharif, focusing on enhancing cooperation across multiple sectors.
According to Ministry of Information and Broadcasting, the discussions covered a wide range of topics, including political, economic, social, cultural, and defense cooperation. Prime Minister Sharif emphasized the importance of strengthening the strategic partnership, particularly in fields such as information technology, renewable energy, and tourism. He also outlined the measures his government has implemented to stabilize the economy and attract foreign investment.
The leaders also discussed the broader scope of bilateral relations, aiming to deepen engagements in energy, port operations, wastewater treatment, food security, logistics, minerals, and financial services. The commitment from the UAE is seen as a significant boost to Pakistan’s efforts to improve socio-economic stability and enhance its investment landscape.
President Al Nahyan also accepted an invitation for an official visit to Pakistan, further solidifying the diplomatic and economic bonds between the two nations.