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UAE's Khalifa fund allocates millions to support SME's in Pakistan

Friday, 3 January 2020 10:08

istock/Oleksii Liskonih

The UAE has assigned $200 million to help to support small and medium-sized businesses in Pakistan.

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, implemented the initiative during his state visit to Pakistan, his first official foreign visit of 2020.

The move is aimed at supporting economic projects in the country and sustainable development.

His Highness was received by Pakistan Prime Minister Imran Khan at the Nur Khan Airbase on Thursday afternoon.

The two leaders discussed mutual friendly relations and ways to develop them in various fields, as well as the overall situation in the Middle East, the Arabian Gulf, the Indian subcontinent and the Islamic world.

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News

Some Dubai flights cancelled due to adverse weather conditions
Some flights operating at Dubai International (DXB) and Dubai World Central – Al Maktoum International (DWC) were cancelled or delayed on Friday due to adverse weather conditions.
Dubai deploys special patrols, emergency crew to monitor traffic during rains
Dubai Police has deployed a number of patrols, while Roads and Transport Authority (RTA) has positioned more than 2,000 staff to respond to any emergencies due to the unstable weather conditions.
UAE leaders congratulate Morocco on FIFA Arab Cup win
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages congratulating King Mohammed VI and Morocco following their win at the FIFA Arab Cup 2025 in Qatar on Thursday.