Saboor Ash's Blog

At a recent summit in Karachi UAE Consul General Bakheet Ateeq Al Rumaithi emphasized the importance of enhancing food security collaboration between the United Arab Emirates and Pakistan. This meeting highlighted the growing need for international partnerships to address food shortages and agricultural challenges. The UAE has shown a strong commitment to investing in Pakistan aiming to bolster the country agricultural sector and ensure a stable food supply for its people. During the Future Summit, which brought together local and international leaders Al Rumaithi discussed various opportunities for cooperation in the food security sector. He pointed out that the UAE has been making significant investments in Pakistan particularly in agriculture which has been facing difficulties due to erratic weather patterns and climate change. By working together both countries can develop strategies to improve crop yields and ensure that food is accessible to everyone. Pakistan is currently grappl

  Pakistan has witnessed an increase in foreign investment during the first quarter of the current fiscal year 2023 to 2024. According to Radio Pakistan, the foreign investment increased by 48% in July to September 2022 compared to the same period last year. This shows the effective strategies used by the government to attract more foreign investment.  China was the top investor country as it invested $404 million in this period. Investments from other countries included Saudi Arabia $1.8 million, UAE $25 million, Hong Kong $98 million, UK $72 million and USA $28 million. Prime Minister Shehbaz Sharif visited Saudi Arabia and Qatar recently where he signed several investment deals worth billions of dollars. This will surely boost investment from these friendly countries in Pakistan. The government formed Special Investment Facilitation Council (SIFC) in 2023 to fast track investments in key sectors. SIFC is a dedicated body to facilitate investors. Their support and incentives have enc

  The United Arab Emirates has ambitious plans to invest in sustainable energy over the next six years The country aims to spend $54.4 billion US dollars on meeting the growing demand for clean and renewable sources of energy.  This investment was announced by Suhail Al Mazrouei who is the Minister of Energy and Infrastructure in UAE. He said that this large sum of money will be used until the year 2030 in developing solar wind and other sources of energy that do not harm the environment The goal is to reduce the use of fossil fuels like oil and gas and move towards cleaner options. One of the key reasons for this green transition is because UAE wants to achieve net zero carbon emissions by 2050 This means minimizing the amount of harmful gases released into the air from activities like electricity generation and transportation. Investing in solar and wind power is necessary to generate more electricity from renewable sources rather than fossil fuels.  The Minister also said that this

  The United Arab Emirates hosted a major oil and gas conference this week as the global energy industry faces fluctuating prices and an uncertain future. At the Abu Dhabi International Petroleum Exhibition, the UAE reaffirmed plans to boost production capacity despite crude prices falling in recent months. ADNOC CEO Sultan Al Jaber stressed the country's goal of reaching 5 million barrels per day in the coming years.  Crude oil is currently trading around $74 per barrel, lower than last year due to weaker demand from China and other large importers. Geopolitical risks have also decreased after tensions eased in the Middle East. Falling prices pose a challenge but the UAE believes steady investment can strengthen its role as a stable supplier within OPEC+. The summit brought together heads of energy companies and experts to discuss strategies for weathering volatility. Al Jaber highlighted opportunities in technologies like artificial intelligence, renewable energy, and natural gas

  On November 1st, 2024, Dubai held a magnificent light show celebrating the 40th anniversary of diplomatic relations between China and the United Arab Emirates. The iconic Burj Khalifa skyscraper was lit up with colorful visuals and designs.  The light show featured images related to China and the UAE. Scenes from Chinese landscapes, landmarks and cultural symbols were displayed. Popular Emirati destinations architecture and motifs were also projected onto the towering Burj Khalifa. Video of Chinese President Xi Jinping and UAE President Mohammed Bin Zayed appearing together and exchanging handshakes also appeared. Chinese characters for "China-UAE Friendship" could be seen in giant glowing letters along the building. Numbers counting down from 40 to zero acted as a countdown to the anniversary date. Various geometric patterns and animations in the colors of the Chinese and UAE flags filled the sky. Crowds gathered around the Burj Khalifa to watch the breathtaking spectacle.

  The latest aid flight carrying food medical supplies blankets tents and other necessities arrived in Beirut today from the UAE. This is the 15th plane since assistance efforts began following directives from Sheikh Mohammed Bin Zayed and Crown Prince Mohammed Bin Zayed to support the Lebanese people.  The supplies onboard included tons of food items to help address shortages facing many Lebanese families. Critical medical equipment and medicines were also transported to boost the capacity of overburdened hospitals. Relief workers will distribute the items to vulnerable communities hugely impacted by triple digit inflation. The tents and blankets will aid hundreds displaced due to damaged or destroyed housing in last year's port explosion. This continued UAE aid is proving crucial with each passing month Over 4 million Lebanese citizens accounting for over 90% of the population now live below the poverty line with limited access to basic needs International donors have pledged ove