Pakistani president begins four-day UAE visit to deepen trade, security ties

President of Pakistan, Asif Ali Zardari (center) receiving welcome upon his arrival in Abu Dhabi, UAE for a four day official visit on January 26, 2026. (Government of Pakistan)
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Updated 27 January 2026
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Pakistani president begins four-day UAE visit to deepen trade, security ties

  • Talks to cover economy, defense cooperation, regional stability and people-to-people links
  • UAE is a key economic partner, major source of investment, remittances and jobs for Pakistanis

ISLAMABAD: President Asif Ali Zardari arrived in Abu Dhabi on Monday evening on a four-day official visit to the United Arab Emirates to review trade, economic and security cooperation between the two countries, Pakistan’s presidency said.

During the visit, which runs until Jan. 29, the Pakistani president is expected to hold meetings with top UAE leaders and discuss a wide range of bilateral issues.

“Views will be exchanged on trade, economic partnership, defense, security and promotion of people-to-people contacts during the meetings,” the presidency said in a statement.

Zardari is also expected to discuss broader regional and global developments with UAE officials during the visit, Pakistan’s foreign ministry had said in an earlier statement, as both countries navigate shifting geopolitical and economic dynamics in the Middle East and South Asia.

Pakistan and the UAE maintain close political and economic relations, with Abu Dhabi playing a pivotal role in supporting Islamabad during periods of financial stress through deposits, oil facilities and investment commitments. The UAE is Pakistan’s third-largest trading partner, after China and the United States, and a key destination for Pakistani exports, particularly food, textiles and construction services.

The Gulf state is also home to more than 1.5 million Pakistani expatriates, one of the largest overseas Pakistani communities in the world, who contribute billions of dollars annually in remittances, a crucial source of foreign exchange for Pakistan’s economy.

Beyond trade and labor ties, Pakistan and the UAE have steadily expanded defense and security cooperation over the years, including military training, joint exercises and collaboration in counter-terrorism and regional security matters.
 


Pakistan stocks tumble 2.3% as Middle East conflict rattles investors

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Pakistan stocks tumble 2.3% as Middle East conflict rattles investors

  • KSE-100 posts weekly loss of 6.3% as geopolitical tensions trigger sell-off
  • Foreign investors dump $25.5 million in equities amid global energy supply fears

ISLAMABAD: Pakistan’s benchmark stock index fell 2.3% on Friday as investors sold shares ahead of the weekend amid growing fears that the escalating conflict involving Iran could disrupt global energy supplies and trade routes.

The KSE-100 index closed down 3,714.57 points at 157,496.10, after touching an intraday high of 161,435.83 and a low of 157,072.64, according to the Pakistan Stock Exchange (PSX) data. Trading volume stood at about 196 million shares with a value of roughly Rs18.8 billion ($67 million).

The decline capped a volatile week for Pakistani equities, with the benchmark index falling 6.3% week-on-week as geopolitical tensions between Iran, the United States and Israel unsettled investors and triggered risk-off sentiment across regional markets.

“KSE-100 Index declined by -6.3% on a week-on-week basis, and this decline can be attributed to the Middle East conflict (US-Israel vs. Iran), where investors sold their positions in the backdrop of increasing risk to global energy supply and trade routes,” brokerage house Topline Securities said in its weekly review.

Topline said foreign corporate investors were among the largest sellers during the week, offloading equities worth $25.5 million, while mutual funds sold shares worth $54.5 million amid investor redemptions.

Banks, insurance companies and local corporates partly cushioned the sell-off, buying equities worth $36 million, $15.7 million and $14.3 million respectively during the week, according to the review.

Other economic developments during the week included Pakistan’s consumer price inflation for February rising to 6.98% from 5.80% in January and the country’s trade deficit widening to $2.98 billion for the month, up 8% from the previous month and 25% year-on-year.

Average daily trading volumes during the week stood at around 658 million shares, with average daily value reaching about Rs36.2 billion ($130 million), Topline said.