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