Pakistan says UAE biggest trade partner in MENA region with $8 billion volume 

Pakistani Foreign Minister Shah Mahmood Qureshi (fifth left), UAE envoy Hamad Obaid Al-Zaabi (fifth right), politicians and foreign diplomats cut a cake on 50th National Day of the United Arab Emirates in Islamabad, Pakistan on December 2, 2021. (AN Photo)
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Updated 03 December 2021
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Pakistan says UAE biggest trade partner in MENA region with $8 billion volume 

  • Pakistani foreign minister felicitates the Gulf state on its 50th National Day 
  • Shah Mahmood Qureshi says UAE's progress is result of visionary leadership 

ISLAMABAD: The United Arab Emirates (UAE) has been the biggest trade partner of Pakistan in the Middle East and North Africa (MENA) region with a trade volume of more than $8 billion, the Pakistani foreign minister said on Thursday, congratulating the Gulf state on its 50th National Day. 

The statement came during a grand reception hosted by UAE Ambassador to Pakistan Hamad Obaid Al-Zaabi in Islamabad, which marked five decades of the UAE’s formal nationalization and the start of the unification of the Emirates. 

The UAE was formally established on December 2, 1971 after an agreement was reached between rulers of the six Emirates, Abu Dhabi, Dubai, Sharjah, Umm Al Quwain, Fujairah and Ajman. The seventh, Ras al Khaimah, acceded to the new federation the following year. Since their unification, the seven Emirates have forged a distinct national identity.  

Pakistani Foreign Minister Shah Mahmood Qureshi said Islamabad and the UAE had excellent fraternal relations, underpinned by a shared heritage and multifaceted cooperation. Economic and trade ties between Pakistan and UAE were an important part of this bilateral relationship and had been growing steadily, he added.  




Pakistani ministers, politicians, Emirati officials, foreign diplomats and journalists celebrate 50th National Day of the United Arab Emirates in Islamabad, Pakistan on December 2, 2021. (AN Photo) 

“With bilateral trade of over $8 billion, UAE remains Pakistan’s largest trading partner in the Middle East and North Africa Region, while the UAE is also among the largest foreign investors in Pakistan,” he said.  

“We have also been working closely at international fora. We congratulate the UAE on its election to the United Nations Security Council for the term 2022-23 and for hosting COP-28.”  

Qureshi extended heartiest felicitations from the people and the Government of Pakistan and said the Emirates’ tremendous progress was a result of its visionary leadership.  

“The tremendous progress achieved by the UAE would not have been possible without the visionary leadership of the its founding father, His Highness Late Sheikh Zayed bin Sultan Al-Nahyan,” Qureshi said, while addressing the ceremony.  




Students from Sheikh Zayed International Academy, Islamabad perform on the 50th National Day of the United Arab Emirates in Islamabad, Pakistan on December 2, 2021. (AN Photo)  

“I extend heartiest felicitations from the people and the Government of Pakistan to the people of UAE and its leadership on the Golden Jubilee of their unification. We wish them phenomenal success in all their endeavors.”  

Speaking to Arab News, UAE Ambassador Al-Zaabi said it was a double celebration as along with 50 years of the UAE’s success story, it also marked five decades of diplomatic relations with Pakistan.  

“Sheikh Zayed bin Sultan Al-Nahyan, the late founding father of the UAE, put the foundation of this strong relationship with Pakistan,” Al-Zaabi said, adding that his diplomatic mission was here to continue and build new bridges to take forward this relationship.  

Adviser to Pakistani prime minister on commerce Abdul Razak Dawood termed the formation of the UAE a remarkable experiment of visionary leadership of its founding father.  




Pakistani tabla brothers, Riyan Czar (left) and Isaac Czar (right), perform on the occasion of 50th National Day of the United Arab Emirates in Islamabad, Pakistan on December 2, 2021. (AN Photo) 

“The creation and progress of the Emirates required exemplary and visionary leadership, and Shiekh Zayed and Sheikh Rashid provided that leadership to unite all the seven Emirates,” Dawood told Arab News.  

Pakistan’s Aviation Minister Ghulam Sarwar Khan congratulated the UAE on its special day, saying, “It’s a great day for Pakistan too as we are celebrating 50 years of the establishment of the UAE, which is a true friend of Pakistan.”  

Prime Minister Imran Khan’s aide on the Middle East, Tahir Mahmood Ashrafi, said Pakistan and the UAE were companions of good and bad times.  

“Pakistan and the UAE are just like one body and soul. Whenever Pakistan faced any difficulty, the UAE and other Gulf states stood with us and we also reciprocated it,” Ashrafi told Arab News, adding that the Gulf countries had played a key role in each other’s progress, prosperity and stability.  

“During these 50 years Pakistan remained at the forefront of building infrastructure and institutions like the Emirates airlines,” he added. 


Pakistan PM to attend World Economic Forum’s annual meeting in Switzerland next month

Updated 29 December 2025
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Pakistan PM to attend World Economic Forum’s annual meeting in Switzerland next month

  • The WEF meeting, scheduled to be held in Davos on Jan. 19-23, will focus on global challenges, public-private dialogue and cooperation
  • Government, business, civil society and academia leaders will engage in forward-looking discussions to address these issues, set priorities

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif will travel to Switzerland next month to attend the 56th annual meeting of the World Economic Forum (WEF), Pakistani state media reported on Monday.

The WEF annual meeting, themed as ‘A Spirit of Dialogue,’ will be held from Jan. 19 to Jan. 23 in Davos, where world leaders from government, business, civil society and academia will engage in forward-looking discussions to address global issues and set priorities.

Prime Minister Sharif is expected to interact with global leaders and investors on economic challenges, regional and international issues and various opportunities for cooperation.

On Monday, Deputy PM Ishaq Dar presided over a meeting in Islamabad to oversee preparations for Sharif’s upcoming visit to Switzerland to attend the WEF meeting, the Radio Pakistan broadcaster reported.

“Dar instructed to maximize the engagements with the incoming Heads of States, Governments and senior leadership of economic, business and financial institutions,” the report read.

The WEF meeting program will be structured around key global challenges where public-private dialogue and cooperation, involving all stakeholders, is necessary for progress, according to the WEF website.

In addressing these challenges, growth, resilience and innovation will serve as cross-cutting imperatives, guiding how leaders engage with today’s complexity and pursue tomorrow’s opportunities.

Pakistani foreign ministry officials briefed the deputy PM about preparations for the WEF meeting, according to Radio Pakistan. The participants of Monday’s meeting in Islamabad discussed in detail the bilateral component and media engagements during the visit.

“He [Dar] further stressed that opportunities be explored to foster collaboration with private sector business entities,” the state broadcaster said.