UAE keen to invest further in various sectors of Pak economy Envoy.

Finance Minister Senator Ishaq Dar on Wednesday said that Pakistan and the UAE are engaged in various areas including energy, refinery, petroleum and trade, however, still a lot of potential is unexplored

Hamad Obaid Ibrahim Salim Al-Zaabi, Ambassador of the United Arab Emirates, called on the Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar. Finance Minister Ishaq Dar and Hamad Obaid Ibrahim Salim Al-Zaabi shared the deep rooted brotherly relations between the two countries and discussed avenues of furthering and strengthening economic and financial ties between the UAE and Pakistan. Finance Minister Senator Ishaq Dar stated that Pakistan and the UAE are engaged in various areas including energy, refinery, petroleum and trade, however, still a lot of potential is unexplored. In this regard, the finance minister highlighted various avenues in which both countries can enhance their existing trade and investment relations.

The ambassador of the United Arab Emirates appreciated development-oriented economic policies of Pakistan initiated by the present government and expressed the interest of the UAE in augmenting and furthering investment in various sectors of the economy of Pakistan. Finance Minister Senator Ishaq Dar welcomed the investment proposals of the UAE in Pakistan and extended full support and cooperation by the government. In conclusion, the finance minister shared sentiments of gratitude for good will and cooperation of his excellency and hoped to enhance the bilateral relations further in the future.

UAE company keen to promote financial inclusion of SMEs in Pakistan

A delegation of UAE-based company InvoiceMate visited Islamabad Chamber of Commerce and Industry to introduce their invoice management system on blockchain for promoting financial inclusion of SMEs in Pakistan.

Muhammad Salman Anjum, Founder and CEO, Saeed Alhebsi, Co-Founder of InvoiceMate and Advisor on Artificial Intelligence to the Ministry of Human Resource and Emiratization of UAE, Rafael Shulz, Founder BlockchainPunk Labs of Germany, Muhammad Zeeshan Abid, Co-Founder and Product Design Lead at InvoiceMate, were in the delegation. Ms. Rashida Bajwa, Assistant Director (ME-I), Ministry of Foreign Affairs of Pakistan accompanied the...

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