Skip to main content

Pakistan offers UAE investment opportunities in energy sector

Hydel generation Pakistan

ISLAMABAD: Federal Minister for Planning, Development and Reform Makhdum Khusro Bakhtyar has offered United Arab Emirates (UAE) investment opportunities in energy sector.

According to a statement released from the ministry, Makhdum Khusro Bakhtyar has offered the opportunities during a meeting with the UAE ambassador Hamad Obaid Alzaabi, who called on him in the federal capital today.

The minister said that Pakistan and UAE enjoy cordial bilateral relations and emphasized the need to further broaden the scope of partnership.

He added that Pakistan’s energy sector has huge investment potential especially in petrochemicals and hydel energy generation.

The minister stated that there were many areas in which both countries could work together for gaining mutual benefit. Khusro Bakhtyar added that Pakistan offers investment friendly policies and the government is committed to attract foreign investment to put the national economy on growth trajectory for achieving its socio-economic targets.

The federal minister appreciated UAE’s investment in PARCO and hoped that more avenues will be explored to further bilateral economic cooperation. He said that Pakistan will fully participate in EXPO 2020 being organized by UAE adding that this will provide an opportunity to two countries to identify areas for future cooperation in diverse sectors.

Bakhtyar called for exchange of high level visits between the two countries to further cement bilateral collaboration.

He expressed optimism that UAE will also consider initiating humanitarian projects in South Punjab.

The ambassador of UAE said that both countries enjoy unique relationship and expressed confidence that bilateral relations will be taken to new heights in future.

He also invited the Khusro Bakhtyar to participate in a government summit which will be held in coming February.

The post Pakistan offers UAE investment opportunities in energy sector appeared first on ARYNEWS.

Comments

Popular posts from this blog

Police arrest another suspect in Rimsha Wassan murder case

KHAIRPUR: Police on Tuesday arrested another suspect in Rimsha Wassan murder case during a raid in Khairpur, ARY News reported. Police said suspect Hidayatullah was arrested during the raid and weapons were recovered from his possession. They said the arrested suspect was a close aide of Zulfiqar Wassan, Sabir Wassan and Abdul Ghaffar. “The suspect will be produced before the Anti-Terrorism Court for remand,” said police. On March 19, an anti-terrorism court (ATC) had extended the remand of three suspects in Rimsha murder case for three more days for further investigations. Hearing the Rimsha murder case, the court, on the request of police, had decided to extend the physical remand of the suspects for three more days. Read More:  ATC extends suspects’ remand in Rimsha murder case According to the details, police had produced the prime suspect, Zulfiqar Wassan alias Zulfoo , his associates nominated in the case, Ghaffar Wassan and Sabir Wassan before the court amid strict se...

Sajal Aly, Ahad Raza Mir are already sending out wedding invites

Pakistan’s hot favourite celebrity couple Sajal Aly and Ahad Raza Mir are all set to tie the knot soon.  The pair has already started sending out wedding invitations to friends and family as fans eagerly wait for one of the biggest celebrity weddings of the year. The actors invited British Deputy High Commissioner, Mike Nithavrianakis, to their big day, who took to Twitter to share that it was wonderful meeting them. Thank you! Hope to see you at the wedding @MikeNith1 https://t.co/YtOOYBJuhq — Sajal Ali (@Iamsajalali) February 28, 2020 “They’ve been ‘married’ on-screen several times. Now for the real deal. Best wishes to them both,” he wrote. The Mom actress thanked him and said “Hope to see you at the wedding.” Earlier, a photo of a cake which had ‘Ahad aur Sajal ki dholki’ written over it went viral. The lovebirds got engaged in July last year after dating for a while. The post Sajal Aly, Ahad Raza Mir are already sending out wedding invites appeared first on...

India’s coronavirus cases rise by a daily record of 55,078

BENGALURU: India reported another record surge in daily COVID-19 cases on Friday, taking the total to 1.64 million, as the government further eases virus curbs in a bid to resuscitate the economy, while also trying to increase testing. Infections jumped by 55,078 in the past 24 hours, while the death toll rose by 779 to 35,747, the Ministry of Health and Family Welfare said on its website. The ministry also said it aimed to raise the country’s capacity to 1 million coronavirus tests per day in the medium term, from a record 600,000 on Friday. The federal government this week announced the reopening of yoga institutes and gymnasiums, and removed restrictions on the movement of people and goods. The post India’s coronavirus cases rise by a daily record of 55,078 appeared first on ARY NEWS .