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UAE biggest foreign investor in Pakistan, says envoy
Source: The Nation | 11-02-2013

The UAE Consul General Suhail bin Matar Al Ketbi has said that the UAE remains the biggest foreign investor in Pakistan and firmly remains committed to prosperity of the country.


He was speaking at a farewell ceremony in his honour arranged by the Dubai Islamic Bank Pakistan, a wholly owned subsidiary of Dubai Islamic Bank. The dinner was attended by Acting Governor of Sindh Nisar Khuro, Minister Sharjeel Memon, Minister Farooq Sattar, Minister Agha Siraj Durrani, Minister Shazia Marri, Advisor to the Prime Minister Dr Mirza Ikhtiar Baig, Deputy Governor State Bank Kazi Abdul Muktadir and various other diplomatic, government and business dignitaries.


Speaking at the occasion, the Consul General thanked the guests for attending the event and said he will always remember the ten years he has spent in Pakistan and will miss the hospitality shown by its people. He said that UAE and Pakistan have brotherly relations and the UAE remains committed in increasing bilateral trade between the two countries. He mentioned organizing a UAE’s 40th National Day Celebrations “Magnificent 7” in Karachi at a time when no foreign investor was willing to organize such a large scale Trade Expo.


He said he believed that Pakistan has the potential to become a major economic hub in the region and he will continue to promote Pakistan wherever he may be because Pakistan is his second home.Acting Governor of Sindh Mr. Nisar Khuro also paid accolades for the Consul General’s contribution to the people of Pakistan and bids him his best wishes for the future. Minister Farooq Sattar also praised the Consul General and hopes he would once again return to Pakistan. Minister Shazia Marri also praised the Consul General and mentioned his astounding contribution to the people of Sindh during the floods crisis.


The Deputy Governor of State Bank Mr. Kazi Abdul Muktadir also paid tribute to the Consul General’s remarkable efforts in boosting Pakistan’s banking sector with a sizable UAE foreign investment. The CEO of Dubai Islamic Bank Pakistan, Mr. Junaid Ahmed also praised the Consul General for His Excellency’s dedicated efforts and Dubai Islamic Bank Pakistan’s success is a testament of it. Mr. Junaid said that His Excellency had a charismatic personality that led to numerous milestones in bringing Pakistan and UAE commercial interests on one platform. He was instrumental in bringing the two countries closer together. 


 

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