Posted inLatest NewsPolitics & EconomicsUAE

UAE to invest $1 billion in Pakistani firms across various sectors

The move aims to explore investment opportunities in the south Asian country, as well as in expanding the UAE-Pakistan bilateral relations

Islamabad, Pakistan
Islamabad, Pakistan

The UAE has earmarked $1 billion in investments to Pakistani companies across various sectors.

The move aims to explore investment opportunities in the south Asian country, state news agency Wam has reported citing a source in Abu Dhabi, as well as to expand the UAE-Pakistan bilateral relations.

It builds on the already existing economic relationship between the country, particularly in crucial sectors such as energy infrastructure, renewable energy, health care, and biotechnology.

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