Key points
- UAE investment in Pakistan focuses on infrastructure, IT
- Healthcare, tourism sectors see new opportunities
- Both countries enter stronger cooperation phase
ISLAMABAD: Bilateral trade between Pakistan and the United Arab Emirates (UAE) has surpassed $10 billion in fiscal year 2024–25, with exports from Pakistan increasing by 10 per cent, rising from $1.59 billion in 2023–24 to $1.748 billion.
Growth was driven by key sectors including food, agriculture, textiles, plastics, fuels, and manufactured goods, according to Gulf News.
According to Ali Zeb Khan, Trade and Investment Counsellor at the Pakistan Consulate General in Dubai, the rise reflects Pakistan’s “consistent efforts in trade promotion, sectoral outreach, and building confidence with Emirati investors.”
Food and agriculture continue to anchor Pakistan’s exports, with high demand in the UAE for rice, meat, fruits, vegetables, and dairy. Events like mango and date palm festivals have helped elevate the profile of Pakistani produce.
“Product-specific festivals like Mango and Date Palm events have given Pakistani produce a strong profile here,” said Khan.
Long-standing partner
In textiles and apparel, Pakistan’s participation in events like Gulfood, Gitex Global, and Arab Health has led to over 1,200 business leads and nine MoUs, with Khan stating, “Our textiles and apparel sector is gaining steady traction in the UAE market.”
The UAE is also a long-standing partner in energy and infrastructure. Projects include work with AD Ports on rail upgrades, customs automation, and airport outsourcing, while DP World is active in the Karachi-Pipri Freight Corridor and Port Qasim’s economic zone.
Pakistan’s IT sector is finding traction in Dubai’s tech-focused market. Events like AI Everything have fostered links in digital services and e-commerce. “Pakistani companies are now being recognised for their innovation and quality services in the IT space,” said Khan.
UAE financial giants
UAE financial giants such as Dubai Islamic Bank, Emirates NBD, and Emaar are already active in Pakistan. Discussions are underway to attract Emirati investment in real estate and Special Economic Zones.
In healthcare, Pakistan sees opportunity in exporting pharmaceuticals, surgical tools, and skilled workers. Joint ventures and staffing for UAE healthcare services are being explored.
Tourism promotion is also underway via major events in Dubai and other cities, with Khan noting, “We have showcased Pakistan not just as a trade partner but also as a tourism destination.”
With the UAE’s US$10 billion investment commitment and regular B2B engagements, Khan said both nations are entering “a new phase of cooperation.”