UAE Ambassador Visits Pakistan Stock Exchange, Discusses Strategic Cooperation with PSX Leadership

KARACHI — The Ambassador of the United Arab Emirates to Pakistan, His Excellency Hamad Obaid Al-Zaabi, visited the Sindh province during his official tour and met with Pakistan Stock Exchange (PSX) Chief Executive Officer Mr. Farrukh Sabzwari in Karachi.

As part of the engagement, Ambassador Al-Zaabi attended the opening bell ceremony of the PSX trading session, highlighting the growing economic partnership between the UAE and Pakistan. His participation symbolized a shared vision of expanding financial cooperation and strengthening institutional ties between the two countries.

During their meeting, both sides held in-depth discussions on enhancing bilateral collaboration, with a focus on capital markets, technical expertise exchange, and strategies for deepening economic integration. The conversation also covered the potential for UAE investment in Pakistan’s financial infrastructure and capital market development.

Ambassador Al-Zaabi acknowledged Pakistan’s efforts to modernize its financial systems and expressed the UAE’s interest in fostering long-term investment partnerships. CEO Sabzwari welcomed the UAE delegation and briefed them on PSX’s reform initiatives, transparency goals, and efforts to attract foreign investors to Pakistan’s capital markets.

The visit signifies a step forward in the ongoing efforts to strengthen Pakistan-UAE relations, with both parties expressing a strong commitment to furthering economic and institutional collaboration.

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