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Wednesday May 08, 2024

ICCI hosts business opportunities conference in Dubai

By Our Correspondent
March 06, 2024
Islamabad Chamber of Commerce and Industry (ICCI) building in Islamabad. — APP/File
Islamabad Chamber of Commerce and Industry (ICCI) building in Islamabad. — APP/File

Islamabad: The Dubai Business Conference, organised by the Islamabad Chamber of Commerce and Industry (ICCI), attracted a significant turnout, with over 400 attendees, including investors and business leaders from Pakistan, the United Arab Emirates (UAE), and around the world.

The event was aimed at highlighting the trade and investment potential existing in different sectors of the national economy as well as the scope of joint ventures and investment friendly policies to attract foreign direct investment in the country, said a press release.

Addressing the conference Dr Abdul Rahman Al Mohani, from the UAE Ministry of Commerce emphasized Dubai cosmopolitan nature with a population exceeding 200 nationalities.

He attributed the city’s attractiveness to its modern business systems, extensive trade opportunities and secure investment environment.

He also appreciated Pakistan’s potential for investment, particularly in sectors like agriculture, IT and stressed the need for enhancing bilateral trade and investment cooperation for the mutual benefit of the people of both the countries.

ICCI President Ahsan Zafar Bakhtawari expressed his gratitude for the conference’s organisation and highlighted the participation of over 170 Pakistani delegates mostly from twin cities of Rawalpindi and Islamabad.

He specifically mentioned opportunities in real estate, hospitality (five-star hotels and shopping malls), and IT sector in Pakistan.

Pakistan’s Ambassador to the UAE, Faisal Niaz Tirmizia lauded the ICCI’s initiative to bring investment in Pakistan.

He expressed confidence that the conference would encourage Emirati investment in Pakistan, further strengthening bilateral relations. Sheika Qasimi, a prominent member of the UAE royal household also attended the function. A large number of Pakistani, Arab, non-Arab businessmen from Dubai also attended the conference.

At the end of the conference, shields were also distributed among the guests and participants.