Pakistan offers opportunities for investment in diverse fields, says Ambassador Tirmizi
- 06 Mar 2024
Faisal Niaz Tirmizi, Pakistan’s Ambassador to the UAE, thanked Dr Abdulrahman Hassan Al Muaini, Ministry of Economy, UAE for attending Business Opportunities Conference Dubai.
The conference was held at Habtoor Palace Dubai, which was attended by more than 100 businessmen from UAE and Pakistan.
While addressing on the occasion, Tirmizi said that having more than 60% of its population below the age of 30, Pakistan is a country of about 250 million people that offers immense opportunities for investments in diverse fields. He further said that UAE’s investors with rich experiences in construction can avail enormous investment avenues in Pakistan’s real estate and infrastructure sector.
Paying homage to his visionary leadership, Tirmizi said that today’s magnificent Dubai is the manifestation of His Highness Sheikh Rashid Bin Saeed Al Maktoum’s dream of transforming this region into a commercial hub. He said that Pakistan and UAE enjoy exemplary relationship and Pakistani diaspora has contributed significantly in the progress and development of UAE. “I strongly believe that businessmen are the real leaders who can steer economies towards growth. We deeply encourage Business to Business collaboration amongst the business community of Pakistan and UAE. We warmly invite Emirati investors to invest in Pakistan’s real estate, energy, agriculture, I.T and other sectors”, said the Ambassador.
Dr. Abdulrahman Hassan Al Muaini, Ministry of Economy welcomed the delegates from Pakistan at the Business Opportunities Conference. He highlighted that UAE and Pakistan offer immense potential and opportunities for business communities of both the countries. He hoped for positive outcomes from the ongoing interactions between the businessmen of both the countries.
Ahsan Zafar Bakhtawari, President Islamabad Chamber of Commerce & Industry, Javed Malik, President Overseas Pakistanis Business Forum and former Ambassador of Pakistan and other key businessmen also spoke on the occasion. They underlined potential areas for business collaborations between the two countries. Various documentaries showcasing investment opportunities in different sectors in Pakistan were also shown during the conference.
A detailed panel discussion by experts was also conducted during the conference. The event was also attended by Hussain Muhammad, Consul General and other diplomats of Pakistan’s Consulate General in Dubai.
Meanwhile, recently Pakistan and the United Arab Emirates (UAE) have signed a Memorandum of Understanding in Abu Dhabi aimed at boosting agricultural innovation and research related to development and promotion of various aspects of the Date Palm cultivation and related industry.
The signing ceremony was witnessed by Sheikh Nahyan Mubarak Al Nahyan, Minister of Tolerance and Coexistence of the UAE. Ambassador Faisal Niaz Tirmizi and Dr. Abdelouahhab Zaid Prof., General Secretary, Khalifa International Award for Date Palm and Agricultural Innovation, signed the MOU.
The MoU will help in promoting joint cooperation and sharing of expertise between the two sides. It will also provide an opportunity to Pakistani farmers to increase cultivation of date palm including through innovative ideas.
Being one of the pioneers, UAE will provide technological support to Pakistan to increase date palm cultivation as Pakistan’s rich topography presents immense potential in this sector. Pursuant to this MOU, First Pakistan International Date Palm Festival 2024 will also be organized.
Pakistan and the UAE enjoy fraternal relationship and are engaged on a range mutually beneficial collaborative projects including in the realm of political, economic, agricultural, cultural, energy and defence cooperation.
Gulf Today, Staff Reporter
The UAE’s investors with rich experiences in construction can avail enormous investment avenues in Pakistan’s real estate and infrastructure sector: Tirmizi
