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    Home - Business & Economy - Pakistan, UAE near signing financial deal
    Business & Economy

    Pakistan, UAE near signing financial deal

    Naveed AhmadBy Naveed AhmadFebruary 11, 2026No Comments2 Mins Read
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    United Arab Emirates (UAE) Ambassador Hammad Obaid Ibrahim Salem Al-Zaabi.


    LAHORE:

    United Arab Emirates (UAE) Ambassador Hammad Obaid Ibrahim Salem Al-Zaabi has introduced that Pakistan and the UAE are on the last stage of signing the Complete Financial Partnership Settlement (CEPA), which is able to considerably enhance bilateral commerce and take away enterprise obstacles.

    He mentioned the present commerce quantity of round $8-10 billion didn’t replicate the true power of relations and expressed his authorities’s resolve to double the determine as quickly as potential.

    Talking on the Lahore Chamber of Commerce & Trade (LCCI), the ambassador mentioned the UAE was quickly shifting in the direction of an AI-driven and digitised financial system the place almost 99% of presidency companies had been out there on-line. Referring to the visa course of, he underscored that each international locations had been working to streamline procedures by digital programs.

    He mentioned discussions had been underway with the Punjab Expert Labour Authority to reinforce cooperation in expert workforce mobility. The envoy emphasised that he was personally working at operational and technical ranges to make sure that all signed agreements had been totally carried out. The ambassador talked about that the UAE was increasing investments in Pakistan in key sectors together with infrastructure, ports, aviation, agriculture, minerals and railways.



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