DUBAI (Commerce Desk): Pakistan, South Korea, Egypt and other Arab countries are exploring opportunities to expand economic cooperation and attract major investments across various sectors.
A key meeting was held in Dubai between Pakistani businessperson Malik Munir Awan, based in the United Arab Emirates, and Ambassador Yasser Al-Bakhshwan, First Vice President of the Arab-African Higher Economic Council. The discussions focused on joint investments and strengthening trade ties.
According to Egyptian newspapers Al-Gomhuria and Akhbar Al-Youm, Ambassador Yasser Al-Bakhshwan said a Pakistani investor group intended to launch new investment projects in the Middle East through strategic partnerships with major South Korean companies, with particular emphasis on Egypt.
The proposed projects will prioritize key sectors, including agriculture, transportation, logistics services, real estate development and tourism. Egypt’s modern infrastructure and available investment opportunities were identified as important factors supporting these initiatives.
Describing his meeting with Malik Munir Awan as positive and productive, Ambassador Al-Bakhshwan said the discussions covered future strategic partnerships, investment management and ways to strengthen commercial ties between Arab and Pakistani businesses.
He further stated that the Arab-African Higher Economic Council’s strategy also included plans to create new opportunities for Arab investment in Pakistan, with the aim of expanding economic cooperation between Pakistan and Arab countries.
The meeting also explored opportunities for Pakistani and South Korean investors to access business markets across the Arab world, including Egypt, and launch joint ventures in various sectors.
Egyptian newspapers described the development as an effort to strengthen trade and investment relations between Pakistan and the Arab world. However, further details regarding the practical implementation of the proposed projects have yet to emerge.