En­cour­ag­ing ef­forts re­sult in $4.1b re­mit­tances from UAE dur­ing 2014-15

The Pak Banker - - NATIONAL -

The ef­forts made to en­cour­age ex­pa­tri­ate Pak­ista­nis to adopt bank­ing chan­nels for re­mit­tances has in­creased amount vol­ume to US$4.1 bil­lion from United Arab Emi­rates (UAE) dur­ing 2014-15. "There has been an in­crease of 11 per cent re­mit­tances to and over­all re­mit­tances to the coun­try from UAE which touched US$4.1 bil­lion mark," of­fi­cial data re­vealed.

Re­gard­ing steps taken for pro­mo­tion of eco­nomic, com­mer­cial and cul­tural re­la­tion­ship with the UAE, For­eign Affairs Divi­sion's data on Mon­day said Pak­istani busi­ness, pro­fes­sional and wel­fare as­so­ci­a­tions, lo­cal Pak­istani busi­ness and pro­fes- sion­als as­so­ci­a­tions, in­clud­ing Pak­istan As­so­ci­a­tion Dubai, and Pak­istan Busi­ness Coun­cil Abu Dhabi were rein­vig­o­rated. With a view to af­ford­ing Pak­istani pro­fes­sion­als con­ve­nient plat­forms to ex­change in­for­ma­tion, share ex­pe­ri­ences and as­sume own­er­ship of is­sues con­fronting the com­mu­nity and the pro­fes­sional groups, new chap­ters were added to ex­ist­ing or­ga­ni­za­tions. The data said in Abu Dhabi, the Pak­istan Busi­ness Coun­cil has been ex­panded over the last two years, with the Mis­sion's fa­cil­i­ta­tion to in­clude doc­tors, en­gi­neers, char­tered ac­coun­tants and ladies chap­ters.

More re­cently, Pak­istan As­so­ci­a­tion Dubai in­au­gu­rated Pak­istan Au­di­to­rium Dubai, a mul­ti­pur­pose fa­cil­ity for commu- nity func­tions. Sim­i­larly, with ac­tive sup­port of the Mis­sion, for the first time, a lo­cal Pak­istani busi­ness­man Khan Za­man was elected to Abu Dhabi Cham­ber of Com­merce and In­dus­try.

More­over, Job Fairs, the first of their kind, were ar­ranged in Karachi and Pe­shawar un­der aus­pices of Pak­istan En­gi­neer­ing Coun­cil which brought to­gether un­der one roof, with the Mis­sion's fa­cil­i­ta­tion, UAE based en­gi­neer­ing com­pa­nies, and Pak­istani en­gi­neers and tech­ni­cians seek­ing job op­por­tu­ni­ties abroad. In all 37 ma­jor Emi­rati and in­ter­na­tional firms par­tic­i­pated, lead­ing to re­cruit­ment of over 500 Pak­istani en­gi­neers, and 250 tech­ni­cians.

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