In the midst of the current economic crisis, the UAE suggests making significant investments in Pakistan

UAE -Pakistan

President of the United Arab Emirates (UAE), Sheikh Mohamed Bin Zayed Al Nahyan, has made hints that his administration intends to increase its involvement in Pakistan, a nation that urgently needs foreign investment to support its faltering economy.

The UAE President was welcomed at the Chandna Airport by Prime Minister Shehbaz Sharif and other government officials when the royal dignitary arrived in Pakistan on a private visit, according to Geo News.

During a friendly conversation with the prime minister at the airport, the UAE president is quoted by the sources as stating, "Be ready, the UAE will make a significant investment in Pakistan."

Shehbaz thought back to his most recent trip to the gulf nation and emphasized during his visit to the UAE that both nations will seek to implement the understanding reached between the two presidents in a number of spheres.

According to the president of the UAE, the two nations have had close links for many years, and his father, who had a great deal of affection for Pakistan and its people, lay the groundwork for their bilateral relations.

According to Geo News, the President also gave the Prime Minister a guarantee that the UAE would always support Pakistan.

The premier posted on Twitter: "We were overjoyed to welcome my brother, His Highness Sheikh Mohamed Bin Zayed, to his second home, Pakistan. We talked about methods to further develop our fraternal ties in light of our previous meeting."

The President showed his sincere affection upon his arrival in Pakistan and transferred the prime minister to his own jet, sources informed Geo News.

According to the reports, the premier also interacted with the president's family and spoke to his children in both English and Arabic.

The UAE agreed to give Pakistan $1 billion and roll over an existing $2 billion loan on January 12, according to the Pakistani information minister, as the nation's central bank's foreign reserves had shrunk to only three weeks' worth of imports.

According to Geo News, the UAE's financial assistance provided some relief to the nation, which is still recovering from disastrous countrywide floods that have cost more than $30 billion in damages.

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