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.
Mohammad Adil
In a remarkable show of entrepreneurship, Pakistanis established over 8,000 new companies in the UAE in 2024, pushing the total number of Pakistani-owned businesses in the Emirates to 47,000. This surge highlights the growing presence and influence of the Pakistani business community in one of the world’s most dynamic economies.
Comparative Growth
The UAE continues to attract global entrepreneurs. In the same period:
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Indians launched over 16,500 new companies
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Egyptians established 5,300 new businesses
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Britons set up 2,600 companies
This trend reflects the UAE’s status as a preferred hub for international trade, investment, and business innovation.
Strengthening Economic Ties
Pakistani Ambassador to the UAE, Faisal Niaz Tirmizi, highlighted the significance of this growth:
“The surge in Pakistani investments strengthens economic relations between Pakistan and the UAE, while also boosting remittances that support Pakistan’s economy.”
The increase in new businesses not only demonstrates the entrepreneurial spirit of Pakistanis abroad but also contributes to job creation and trade links between the two countries.
Looking Ahead
With continued government support, favorable regulations, and strong community networks, the Pakistani business community in the UAE is expected to maintain its upward trajectory in the coming years.
This milestone marks 2024 as a record year for Pakistani entrepreneurs in the UAE, reinforcing their role as key contributors to the country’s thriving business ecosystem.
