- The United Arab Emirates has expanded $200 million support to Pakistan for the growth of the small and medium-sized businesses in the nation, Finance Adviser to Prime Minister Imran Khan has stated. The statement came following Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan reasoned his one-day trip to the nation on Thursday. The advisor, Abdul Hafeez Shaikh, on Thursday said”the cash will be invested on small company marketing and tasks. This service is testimony to the growing economic relations and friendship between our nations.” The Crown Prince led the Khalifa Fund for Enterprise Development to devote $200 million so as to aid the Pakistani government’s attempts to create a secure and balanced national market which helps achieve the nation’s sustainable growth, Dawn News reported Friday. During the trip, the prince met Prime Minister Khan and held discussions on bilateral, regional and global problems. The UAE is also one of Pakistan’s prime growth partners in education, energy and health industries. It hosts over 1.6 million expatriate Pakistani community, which leads remittances of about $4.5 billion annually into the GDP. Here is the Crown Prince’s second trip to Pakistan because Khan occurred in August 2018. He’d visited Pakistan on January 6 final year, only weeks after his nation provided USD 3 billion fiscal aid to Pakistan to take care of its balance of payment crisis. The Crown Prince’s visit was believed by specialists as an effort to woo Pakistan from the background of recent improvements when Saudi Arabia and UAE allegedly used pressure to prevent Pakistan by attending the Kuala Lumpur summit held last month. The summit from December 19-21 was viewed by Saudis as an effort to make a new bloc from the Muslim world that may become an option to the dysfunctional Organisation of Islamic Cooperation headed by the Gulf Kingdom. Locate mobile-friendly variant of posts from the day’s paper in a single easy-to-read list. Endless Access Love reading as many posts as you wish with no constraints. A pick collection of articles that fit your interests and preferences. Quicker pages Move easily between posts as our pages load immediately. A one-stop-shop for viewing the most recent updates, and handling your own preferences. We brief you about the most up-to-date and most crucial advancements, three times every day. Not convinced? Know why you need to pay for information. *Our Digital Subscription programs don’t now incorporate the e-paper,crossword, iPhone, iPad mobile programs and publish. Our strategies improve your reading experience.
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