Pakistan desires to cement economic ties with UAE: CM
ISLAMABAD: Pakistan attaches great importance to its cordial and friendly ties with United Arab Emirates and desires to further cement the socio-economic and trade relations between the two countries.
This was stated by Chief Minister Punjab Mian Shahbaz Sharif during his meeting with Governor of Dubai International Financial Center (DIFC) Ahmed Humaid Al Tayer, said a press release received here. The DIFC is the world's fastest growing international financial centre representing foreign banks from the USA and Europe.
He thanked the UAE government and said that the UAE, and particularly Sheikh Nahyan Bin Mubarak Al Nahyan, has always shown support for Pakistan and this support translates into concrete investments in Pakistan. The Governor of Dubai International Financial Center (DIFC) Ahmed Humaid Al Tayer welcomed the Punjab Chief Minister and assured continued support of the UAE government to Pakistan.
Dr. Naseeer Saidi, Chief Economist & Head of External Relations DIFC also gave presentation on DIFC. He also pointed out the areas where DIFC could support to Pakistan that could help in reviving the economy. The Chief Minister also met with CEO of Burj Khalifa along with representatives from companies such as Emaar, Habib Bank and Oman Insurance. They discussed the investment incentives offered by Pakistan particularly Punjab and the political will of the government to prioritize UAE investment and trade interests in Pakistan. Earlier, Chief Minister Punjab and Chairman of the Punjab Board of Investment and Trade (PBIT), Mohammad Shahbaz Sharif started the second day of his business visit to Dubai, UAE with a meeting with Haji Muhammad Rafiq Giga who is the Chairman Giga Group of Companies.
The meeting took place at the world's tallest building, the Burj Khalifa, which is also a master architectural piece. At an event organized by Habtoor Group, the Chief Minister Punjab said that the success that Habtoor Group has seen in UAE remains an inspiration for Pakistani companies. -PB News
ATHENS: EU Monetary affairs Commissioner Olli Rehn, left, and Greek Prime Minister George Papandreou leave a news conference. Greece is negotiating a possible extension of its emergency loan repayment with the EU and the IMF. -Ap