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Pakistanis invest over $1 billion in UAE

DUBAI: Pakistanis have invested over $1 billion in the United Arab Emirates (UAE) during the last six months.

The rise in investment from Pakistani to the UAE can be attributed to the security situation and energy crisis in Pakistan. Owing to the massive investment, investors from Pakistan are the third highest group buying property in Dubai after residents of India and Britain.
According to the Dubai Land Department, during January-June 2014 Pakistanis accounted for over 3,000 real estate transactions.

Courtesy www.thenews.com.pk


 

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