Seminar on Opportunities of Business and Investment in Abu Dhabi and Pakistan

ABU DHABI, 24th January, 2017 – The Pakistan Business Professional Council Abu Dhabi and Abu Dhabi Chamber of Commerce and Industry (ADCCI) held a joint seminar on opportunities of business and investment with over 100 participants attended including government officials, ambassadors, commercial counsellors, business council’s presidents, managers, businessmen and potential investors.

The seminar was graced with the presence of First Vice Chairman of the Chamber, H.E. Ebraheem Al Mahmood; Director General of the Chamber, H.E. Mohammed Helal Al Muhairi; Assistant Under-Secretary of the UAE Ministry of Economy for Foreign Trade Affairs, H.E. Juma Mohammed Al Kait; CEO of Abu Dhabi Securities Exchange H.E. Rashed Al Balooshi and PBPC President, Dr. S. Qaiser Anis,

According to the Director General of the ADCCI, H.E. Mohammed Helal AL Muhairi, Abu Dhabi’s vision for economic growth and the potential for new economic projects will make it a leading force for growth and investment in the region.

He also stated that the seminar considered an opportunity to discuss possible investments in the economic sectors that Abu Dhabi has focused on, as well as to discuss its economic role, in both, the region and around the world.

H.E. Juma Mohamed Al Kait, Assistant Undersecretary for Foreign Trade Affairs of UAE Ministry of Economy applauded Abu Dhabi Chamber and Pakistan Business Professional Council for organizing and providing an ideal platform for sharing the UAE’s business and trade potentials and how Pakistani entrepreneurs and investors can fully maximize it. He is confident that together, it shall open new vistas of growth that will be of tremendous benefit to the nations.

The PBCP President, Dr. Qaiser Anis, presented a documentary video from Pakistan’s Board of Investment, showcasing investment projects in Pakistan. He conveyed that the event is to identify investment opportunities in Abu Dhabi and Pakistan in this challenging era and to achieve economic growth in its crucial progress of each country.

He explained also The Federal Law No. 2 of 2015 or the New Commercial Company law which was recently issued with salient features which is going to be implemented this year. Thus, it will attract more businesses and improve the management of the companies

He added that any group or organization of businessman/professional who are interested to invest in Pakistan, please contact Pakistan Business Professional Council Abu Dhabi. We have all the information and will guide you. Specially on the China-Pakistan Economic Corridor (CPEC) which is attracting investment in the whole region of Pakistan, China, Russian, Iran and Central Asia, as one Country,

A presentation about Abu Dhabi Securities Exchange was made by H.E. Rashed Al Balooshi, Chief Executive. He highlighted that the market value of shares owned by foreign investors in ADX has reached 41.5 billion Dirhams by end of 2016, increasing by around %6.5 from end of 2015 when it equaled 39 billion Dirhams. While the market value stake of foreign investors represented %9.5 of total market value of local listed companies, which accumulated around 444 billion Dirhams by end of 2016.

Concluding the seminar it was lauded that Pakistan and Abu Dhabi are not only have external friendly bond. Their business and investment relations are even increasing. Opportunities for investment both in Pakistan and Abu Dhabi are more than attraction in areas of industry, hospitality, trade and through stock markets.

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