UAE investments into Pakistan continue to rise

One such firm, the Emirates Investment Group is now considered one of the largest investment companies in Pakistan with its recently launched financial towers in Karachi done via the aid of the Pakistani government. Furthermore the Emirates Global Islamic Bank, launched by major gulf investors, is considered one of the most modern Islamic banks in the country in terms of the quality of products, strength of its Islamic banking facilities and the technical investment infrastructure provided to the Pakistani banking sector.

The Pakistani Prime Minister, Shaukat Aziz, is keen on providing all means of support for senior groups and investors, where he acknowledged that the volume of Gulf investments into his country is the largest. He stressed that this high level must be preserved for its economic advantages: providing job opportunities, while importing the latest management and marketing techniques methods into Pakistan.

The Pakistani Prime Minister praised the significant role played by Sheikh Tariq Bin Faisal Al Qassimi, Chairman of Emirates Investment Group and Chairman of Emirates Global Islamic Bank, in developing these new investment sectors and for introducing modern concepts to the business sector of Pakistan.

In return, Sheikh Tariq Al Qassimi said: "Diversification is an important requirement in any investment portfolio, this helps us create and take advantage of opportunities that can benefit from managerial skills that utilizes a long vision of the economy; resulting from a strong familiarity with economic rules and regulations.

Sheikh Tariq Al Qassimi spoke of the economic decline and stagnancy of the region, and how a revolution it its economy now has helped it to be on a par and take advantage of global growth opportunities.

Gulf investors and businessmen in the region are playing a major role in the development and in the increase of the economic and financial arena, as well as the industrial and banking foundations; where Pakistan hopes to achieve positive results from the rapid economic plans with the UAE and the GCC states in general.