News DeskDubai, UAE – Federal Minister for Finance & Revenue Muhammad Aurangzeb held a series of meetings with investors and officials in Dubai to promote economic partnerships and explore investment opportunities in Pakistan.
The meetings focused on diversifying into sectors such as information technology, renewable energy, transport, logistics, infrastructure, and real estate development.
Prominent investors in attendance included Abdulla Bin Lahej, Chairman of Ayana Holding and former CEO of Emaar Group, Mohammed Hilal Bin Tarraf Al Mansoori, Chairman of Nad Al Shiba Holding, Farooq Arjomand, Vice Chairman of Damac Group, Abdul Ghaffar, MD of a Mauritius company interested in solar and renewable energy projects in Pakistan, Sheharyar, Owner of Fly Jinnah Airlines, and Dr. Taje, an energy sector investor.
The Federal Minister highlighted Pakistan’s competitive advantages as an ideal destination for investors seeking high returns and sustainable growth. He also emphasized the role of the Special Investment Facilitation Council (SIFC) in assisting investors with market research, regulatory guidance, investment facilitation, and post-investment support.
In separate meetings with senior officials from Mashreq Bank and First Abu Dhabi Bank, the Minister discussed strengthening financial and economic cooperation with Pakistan. He urged the bankers to enhance financing for Pakistan, citing significant improvements in the country’s economic fundamentals.
The Minister also met with members of the Pakistan Business Council UAE, stressing the need for collaboration with industry leaders, government agencies, financial institutions, and local stakeholders to facilitate trade and investment inflows into Pakistan.
He highlighted the positive trends in Pakistan’s macro-economic indicators and ongoing structural reforms, stating that these measures would set the direction of the economy in the right way.
The Minister commended Pakistani businessmen based in the UAE for highlighting Pakistan’s business practices and conducive environment to attract investors, especially in areas such as IT, digitalization, climate change, agriculture, and human capital.
Pakistan’s Ambassador to the UAE, Faisal Niaz Tirmizi, Consul General Hussain Muhammad, and Trade & Investment Counsellor Ali Zeb Khan also attended the meetings.
