Abu Dhabi, In a significant development for bilateral relations, UAE President Sheikh Mohamed bin Zayed Al Nahyan has committed to investing $10 billion across various sectors in Pakistan. This pledge came during a meeting with Pakistan’s Prime Minister Muhammad Shehbaz Sharif, which also covered a broad spectrum of bilateral and strategic interests.

According to Press Information Department, the meeting, attended by top Pakistani officials, addressed cooperation in fields including political, economic, social, cultural, and defense sectors. Prime Minister Sharif emphasized the importance of enhancing the strategic partnership, particularly in areas such as information technology, renewable energy, and tourism. He also outlined the steps his government has taken to stabilize the economy and boost investor confidence.

The discussion also highlighted Pakistan’s commitment to effectively implement investment agreements across diverse sectors such as energy, port operations, wastewater treatment, food security, logistics, minerals, and financial services. President Al Nahyan assured continuous support from the UAE and expressed his appreciation for the contributions of the 1.8 million-strong Pakistani diaspora in the UAE. The leaders also exchanged views on regional and global issues, and President Al Nahyan accepted an invitation for an official visit to Pakistan.