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Trade between Pakistan, UAE reaches USD9b  Join our daily free Newsletter

MENAFN - 13/05/2014
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(MENAFN) Investments by Pakistani nationals in the #UAE was estimated at USD23 billion, while trade between the two countries hit USD9 billion in 2013, according to the Emirates 24/7.

Asif Ali Khan Durrani, Pakistan's Ambassador to the UAE, said: "Expatriate Pakistanis had made around USD23 billion investments in the #UAE and over a million expatriate Pakistanis were contributing in the development ofUAE."


Durrani added: "UAE is Pakistan's largest trading partner within the Gulf Region with USD9 billion annual trade." He highlighted the #UAE leadership for providing a conducive working environment to expatriate Pakistanis who feel #UAE as their second home.

Pakistani investors ranked third among foreign buyers of property in the emirate's transactions, which worth USD31.03 billion in 2013.

 
 


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