UAE Commits $10 Billion Investment In Pakistan After PM’s Visit

In a notable development, the United Arab Emirates (UAE) has committed to investing an additional $10 billion in Pakistan. This pledge was made during a meeting between Prime Minister Shehbaz Sharif and UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi.

The investment promise represents a significant achievement for Pakistan, which is currently seeking foreign investments to address its financial challenges. During his day-long visit to the Gulf state, Prime Minister Shehbaz Sharif expressed optimism about Pakistan’s economic future, asserting that the “begging bowl is broken.”

Read more: Prime Minister Shehbaz Sharif Will Set To Journey To The UAE

The Pakistan Muslim League-Nawaz (PML-N) government has been actively seeking investment from allied nations to strengthen its economy, increase foreign reserves, and combat rising inflation. This substantial pledge from the UAE is expected to significantly aid these efforts.

The meeting in Abu Dhabi highlights the growing economic ties between Pakistan and the UAE. It demonstrates the UAE’s confidence in Pakistan’s economic potential and its commitment to supporting the country’s economic stabilization efforts. This investment is expected to boost various sectors within Pakistan, promoting economic growth and development.

As Pakistan contends with its financial difficulties, the $10 billion investment from the UAE represents a promising step toward economic recovery and stability, offering hope for a more prosperous future for the nation.