Pakistanis Set up Record 8,000 New Companies in UAE in 2024
Over the past year, Pakistanis have launched more than 8,000 new companies in the UAE, bringing the total number of Pakistani-owned businesses to 47,000.
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Over the past year, Pakistanis have launched more than 8,000 new companies in the UAE, bringing the total number of Pakistani-owned businesses to 47,000. This rise in entrepreneurial activity aligns with a broader trend, as other nationalities also contribute to the UAE’s business growth, including Indians with over 16,500 new companies, Egyptians with 5,300, and the British with 2,600. Pakistani Ambassador to the UAE, Faisal Niaz Tirmizi, emphasized that this surge in Pakistani investments strengthens economic ties between the two nations and boosts remittances to Pakistan.