Nasser Abdulla Lootah Corporation plans to establish a university and a power plant in Karachi, Pakistan. Explore the strong ties and similarities between the UAE and Pakistan, as well as the government’s commitment to supporting investors.
Nasser Abdulla Lootah Group, based in the UAE, will establish a university in Karachi, Pakistan’s largest city. The announcement was made during a meeting between the group’s Vice President, Abdullah Nasser Lootah, and Sindh Governor Kamran Tessori at the Governor’s House.
The two sides discussed mutual trade and investment opportunities in areas such as health, education and energy. Tessori emphasized the favorable investment climate in Sindh, with its easy business policy. The group also aims to install a power plant in Karachi, a major economic hub of the country. Tessori assured the UAE delegation that the government would provide support to the investors.
Moreover, the United Arab Emirates is very developed, especially in the Middle East. Pakistan and the UAE have a long history of strong ties and share a close relationship based on similar beliefs, cultural similarities, shared histories and similar views on regional issues. and global.
The UAE is home to around 1.7 million Pakistanis, who have had a significant impact on the UAE’s success over the past five decades. They have contributed to the growth, prosperity and economic development of both countries.
During a recent meeting with Prime Minister Shehbaz Sharif, UAE President Sheikh Mohamed Bin Zayed Al Nahyan hinted at plans to increase investment in Pakistan, which desperately needs foreign capital to support its struggling economy. towel.
As a show of support, on January 12, the UAE agreed to provide a $1 billion loan and extend an existing $2 billion loan to Pakistan. This financial assistance provides relief to the nation still recovering from nationwide flooding that caused more than $30 billion in damage.
Categories: News
Source: vothisaucamau.edu.vn
