The economic relations between the United Arab Emirates (UAE) and Pakistan witnessed remarkable growth, with surge in Emirati investors looking to take advantage of growth opportunities taking place in Pakistan.
Emirates Investment Group is now considered one of the largest investment companies in Pakistan with its recently launched financial towers in Karachi. Emirates Global Islamic Bank, launched by major Gulf investors, is considered one of the most modern Islamic banks in the country, strength of Islamic banking facilities and technical investment infrastructure provided to Pakistan banking sector.
In this regard, significant role was played by Sheikh Tariq bin Faisal Al Qasimi, Chairman Emirates Investment Group and Chairman Emirates Global Islamic Bank, in developing these new investment sectors and introducing modern concepts to business sector of Pakistan.
Sheikh Tariq Al Qasimi said: "Diversification is important requirement in any investment portfolio. This helps us create and take advantage of opportunities that can benefit from managerial skills that utilises a long vision of economy; resulting from a strong familiarity with economic rules and regulations," he said. He spoke of how a revolution it its economy now had helped it to be on a par and take advantage of global growth opportunities.
Gulf investors and businessmen are playing major role in development, increase of economic, financial arena, industrial, banking foundations where Pakistan hopes to achieve positive results from rapid economic plans with the UAE in particular and the Gulf Cooperation Council (GCC) states in general.
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