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Abu Dhabi, Federal Minister for Finance and Revenue Muhammad Aurangzeb met with investors in Dubai to discuss existing economic partnerships and explore new opportunities in various sectors, including information technology, renewable energy, transport, logistics, infrastructure, and real estate development. The meeting focused on reinforcing economic ties and finding new avenues for growth.
According to Press Information Department, the investors who attended the meeting 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, Managing Director of Mauritius Company, which is interested in investing in Pakistan’s solar and renewable energy projects; Sheharyar, owner of Fly Jinnah Airlines; and Dr. Taje, an energy sector investor. The Federal Minister outlined Pakistan’s competitive advantages, making it an attractive destination for investors seeking high returns and sustainable growth.
Minister Aurangzeb highlighted the role of the Special Investment Facilitation Council (SIFC) in providing comprehensive support to investors, including market research, regulatory guidance, investment facilitation, and post-investment support. He emphasized that Pakistan’s ongoing structural reforms and enforcement mechanisms would set the economy on the right path, pointing to positive trends in macro-economic indicators both internally and externally.
In separate meetings with senior officials from Mashreq Bank and First Abu Dhabi Bank, the Minister discussed enhancing financial and economic cooperation with Pakistan. He urged the bankers to increase financing for Pakistan, citing significant improvements in the country’s economic fundamentals. The meetings with Mashreq Bank were attended by Grey Smith, Abdullah Alkneibi, and Fawaz Abu Sneineh, while Zain Qurayshi and Hammad Naqvi represented First Abu Dhabi Bank.
The Federal Minister also met with members of the Pakistan Business Council UAE, including Mustafa Hemani and Iqbal Daud, emphasizing the need for collaboration with industry leaders, government agencies, financial institutions, and local stakeholders to promote strategic partnerships. He lauded Pakistani businessmen based in the UAE for highlighting Pakistan’s business-friendly environment and attracting investment in IT, digitalization, climate change, agriculture, and human capital.
Ambassador Faisal Niaz Tirmizi, Pakistan’s envoy to the UAE, Hussain Muhammad, Consul General at Pakistan’s Consulate in Dubai, and Ali Zeb Khan, Trade and Investment Counsellor, also attended the meetings, underscoring the collaborative effort to strengthen Pakistan’s economic prospects.