Islamabad, Tuesday, June 12, 2007: The United Arab Emirates on Tuesday announced doubling of its investments in Pakistan to US 26 Billion Dollars, construct an oil refinery and infrastructure costing US 6 Billion, besides renewing soft loan of US 265 Million for construction of dams. The decisions came at a meeting of the Pak-UAE 9th Joint Ministerial Commission that also concluded agreements on bilateral political consultations, cooperation in terrorism and organized crime, establishment of Joint Business Council, and protocols on cooperation in culture and media. The UAE is the largest investor in telecom, airlines, financial business and real estate and its current investments are to the tune of US 13 Billion Dollars in Pakistan.

D

UAE is investing hugely in Pakistan

Lets hope that the money is invested properly and actually pays good dividends to both countries. The last thing we want is our UAE brothers to be dissappointed in their returns.

Does anyone know about a luxury apartment being constructed in Pakisran by EMAAR? I remember reading it somewhere

creek marina.

Which one u really talking abt. UAE is currently undertaking a project worth $42billion dollars and its called SUGAR LAND CITY, search the forum for the topic disucssed earlier. At the center lies building 1947Ft high.

Which one u really talking abt. UAE is currently undertaking a project worth $42billion dollars and its called SUGAR LAND CITY, search the forum for the topic disucssed earlier. At the center lies building 1947Ft high.

I think Sugar Land city is from Dubai investment (I think .. but am sure it is not Emaar). Creek marina in Karachi for Emaar, there is another project in Lahore & another one of Emaar in Islamabad, the location is besides DHA Phase II extension.

Investment in any of Emaar properties in Pakistan will give handsome returns.

I am waiting for the booking to start .. believe me EMAAR is a brand name in UAE and on opening of project bookings people queue up to get properties in U.A.E. .. For Pakistan it would be the same.

hopefully this money is used properly. we need all the help we can get.

good news. UAE is realy investing alot in pak.

salam

well UAE has invested alot in Pak

1) Warid
2) United bank
3) bank Alfalah
4) Emaar contractors
5) sheikh zayed hospital
6) development projects in karachi
7) Zayed towers
8) and many others..

This is all i know about YET!!

but all of them r doing gud businesses and making gud returns mashaAllah..Pakistan is attracting alot of investment ..MasAllah

Allah HAfiz

We should offer them military protection, so they can also invest in our defence industry orsomething, and they will invest even more, and just because we see they are acting brotherly which should be rewarded

They have access to the West for protection, Pakistan can ask for funding for projects the Pakistani Military will undertake. Why would UAE accept? They could strengthen another aspect of Pakistan and ensure their economic investments are well protected.

I agree with mark and they got enough money to buy the BEST tech in the world and as long as they are investing in pakistan it will strenthen us anyways.


SPEEDY
enjoy

aslaam

that is fantastic news. i think pakistan should get really close to arab countries. i am pretty sure pakistan does help uae and saudiarabia in military.for example in emergency use etc. i also think pakistan need to get there trade with iran up.i think it about 1 billion usa dollars at the moment whihc i think is very less.hope inshall allah after the IPI it will increase evenn more. it best to have huge trade with neighbours rather than all the way USA. plus through iran pakistan can get trade with turkey.

pakistan already trades alot with turkey. and turkey is pakistans third closest ally after china, and saudi arabia.