MM News

On Monday, the UAE Dirham gained strength against the Pakistani rupee compared to the previous session. The buying rate for the UAE Dirham in Pakistan is Rs76.05, according to the Forex Association of Pakistan, while the selling rate is Rs76.30.

The Pakistani expatriate community significantly contributes to sectors like construction, hospitality, and retail in the UAE, while their remittances support families in Pakistan and boost the national economy. These ties also enhance trade and investment relations between the two nations.

As reported by Pak Observer, Pakistan and the UAE share a longstanding relationship characterized by deep economic, cultural, and political connections. With over 2.09 million Pakistanis residing in the UAE, making up 16.72% of the population, their impact is substantial, according to Global Media Insight.

The UAE is one of Pakistan’s key trading partners, importing goods like textiles, fruits, and rice, while exporting machinery, equipment, and petroleum products. Bilateral trade remains robust, with both countries actively working to deepen collaboration.

On the cultural front, the UAE frequently hosts events celebrating Pakistani heritage, including music, cuisine, and arts, which enjoy widespread appreciation. Additionally, the two nations collaborate on regional peace, security, and economic development initiatives.

The bond between Pakistan and the UAE is further strengthened by mutual support during crises. The UAE has extended humanitarian aid to Pakistan during emergencies, while Pakistan continues to be a dependable partner on regional and global issues.