UAE to invest $1 billion in Pakistani companies

Friday, 5 August 2022 19:02

The UAE plans to invest $1 billion in Pakistani companies operating across various economic sectors.

According to the Emirates News Agency (WAM), an official source in Abu Dhabi has emphasised the UAE's intention to invest in the South Asian nation.

It's part of efforts to explore new investment opportunities and areas for cooperation.

The latest move also confirms the UAE's keenness to continue cooperation in various fields, which include gas, energy infrastructure, renewable energy, health care, biotechnology, agricultural technology, logistics, digital communications, e-commerce and financial services.

#UAE to invest $1 billion in Pakistani companies across various economic, investment sectors#WamNews https://t.co/rxl3W94OAo pic.twitter.com/I6csigcqW8
— WAM English (@WAMNEWS_ENG) August 5, 2022

More from Business

World Bank approves $700 million for Pakistan's economic stability

The World Bank said it has approved $700 million in financing for Pakistan under a multi-year initiative aimed at supporting the country's macroeconomic stability and service delivery.
China's ByteDance signs deal to form joint venture to operate TikTok US app

TikTok's Chinese owner, ByteDance, has said it has signed agreements with three major investors to form a joint venture to operate TikTok's US app led by American and global investors on Thursday.
India reviewing allegations of antitrust breaches by IndiGo

India's competition regulator said on Thursday it was reviewing allegations of antitrust violations by budget airline IndiGo following recent flight disruptions that hit air travel nationwide.
DXB and DWC boost winter schedules with new routes

Dubai Airports has entered the winter travel season with one of its strongest networks in history, as Dubai International (DXB) and Dubai World Central - Al Maktoum International (DWC) welcome new airlines and expanded connectivity to meet rising seasonal travel demand.
Amazon in talks to invest in OpenAI

Amazon.com Inc is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over $500 billion, a source familiar with the matter said on Tuesday.

Recently Played

Smile In Your Heart
Harana
Kahit May Mahal Ka Ng Iba
Mark Bautista
Destiny
Jim Brickman

Latest Blogs

Pinoy Bulletin October 21 - 25 2025
Pinoy Expat Corner

Merong Serbisyo Caravan Leg 2 dito sa Dubai ngayon November 15 & 16, 2025 , 8am to 6pm @ Hall 3 Dubai World Trade Center, Dubai.
PINOY BULLETIN : AUGUST 11 - 15 , 2025
Pinoy Expat Corner

Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
PINOY BULLETIN : AUGUST 4 - 8, 2025
Pinoy Expat Corner

Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.

UAE to invest $1 billion in Pakistani companies

More from Business

Recently Played

Latest Blogs

Our Shows

Quick Links

Listen on the Go

UAE to invest $1 billion in Pakistani companies

Share

More from Business

Recently Played

Latest Blogs

Our Shows

Quick Links

Listen on the Go