Pakistan, UAE Deepen Economic Partnership with Focus on Tech Investment

Prime Minister Shehbaz Sharif has declared that the longstanding fraternal ties between Pakistan and the United Arab Emirates are evolving into a robust economic partnership, with a significant emphasis on attracting investment into the nation’s burgeoning technology sector.

According to official information on Friday, the remarks were made during a meeting in the capital with the Sajwani Business delegation from the UAE. The Prime Minister described the bilateral bond as a deep, enduring, and brotherly relationship founded on mutual trust and respect.

He highlighted that the recent state visit by UAE President Sheikh Mohamed bin Zayed Al Nahyan has significantly bolstered the partnership, creating a favourable environment to advance cooperation.

Mr Sharif expressed satisfaction that recent high-level contacts have enhanced mutual confidence between the private sectors and investors of both countries, establishing a strong foundation for future collaboration.

He emphasised that Pakistan places special importance on business-to-business (B2B) ventures, particularly in fields such as information technology, digital innovation, blockchain, and other emerging technologies.

The Prime Minister also welcomed the growing interest demonstrated by Emirati investors in Pakistan’s digital economy. He noted that combining the UAE’s investment, innovation, and global connections with Pakistan’s human capital and capabilities creates a highly beneficial synergy for economic development.

Shehbaz Sharif conveyed his confidence that this increased private-sector collaboration, backed by strong political leadership from both nations, will elevate economic cooperation to new heights.

In response, the Sajwani Group reaffirmed its commitment to exploring further opportunities for investment and economic partnership within Pakistan.