Pakistan businesses seek to boost ties with Sharjah

With bilateral trade between the UAE and Pakistan exceeding Dh25.7 billion, the two countries are actively pursuing opportunities to boost economic ties. The UAE is Pakistan’s third-largest trading partner.

The Sharjah FDI Office (Invest in Sharjah) hosted the Sharjah-Pakistan Business Roundtable in collaboration with the Pakistan Business Council in Sharjah (PBC Sharjah), bringing together more than 200 investors and entrepreneurs.

The event focused on exploring bilateral investment opportunities in various sectors including manufacturing, trade, green-tech, and the creative industries and served to inform Pakistani businesses and investors about the many opportunities and support services within the emirate.

Over 11,500 Pakistani companies are currently registered within Sharjah’s mainland and dedicated Free Zones.

Held in the presence of Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, the event was also attended by Hussain Muhammad, Consul General of Pakistan in Dubai; Ahmed Al Qaseer, CEO of the Sharjah Investment and Development Authority (Shurooq); Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah; Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at the Sharjah Chamber of Commerce and Industry (SCCI).

Sheikh Fahim spoke on the connection between nations and the strong connection Sharjah has forged with Pakistan over the years. “By connecting Sharjah’s dynamic business community with its counterparts in Pakistan, we’re unlocking new opportunities for growth and innovation. Our emirate’s supportive legislation, advanced infrastructure, and strategic location make it an ideal partner for enterprises looking to expand and innovate. What truly strengthens our ties, however, is the human element. The 1.8 million Pakistani residents who live and work in the UAE are an integral part of our society, bringing their skills, ideas, and energy to every sector they engage in,” he stated.

Al Musharrkh said: “The relationship between Sharjah and Pakistan is deeply rooted in mutual respect, trust, and, above all, a commitment to prosperity. Over the years, we have built strong economic bridges, as evidenced by the impressive numbers that underscore our partnership. This thriving business community is a testament to the confidence and trust that Pakistani enterprises have placed in Sharjah as a hub for growth.”

Preceding the roundtable discussion, Hussain Muhammad, Consul General of Pakistan said: “Pakistan and UAE enjoy close friendly relations, rooted in history and bonded together by common social values, traditions and commitment to progress. The leadership of our two countries enjoy each other’s trust and confidence and there is a strong desire to further expand political, trade and economic relations.”

The event also served to state the importance of business councils, especially the newly established Pakistani Business Council in Sharjah, as being vital for fostering partnerships and growth between nations. This initiative reflects Sharjah’s efforts in enhancing international economic ties, providing a conducive business and investment environment, and promoting bilateral collaboration.