MoU signed with UAE group
Prime Minister Shehbaz Sharif on Wednesday met an eight-member delegation from the International Free Zones Authority (IFZA) of the United Arab Emirates and the Aleria Group. The premier also witnessed a memorandum of understanding (MoU) exchanged between IFZA and the Board of Investment. “The government is taking steps on a priority basis to provide a business and investment-friendly environment in the country,” the prime minister said. The prime minister said Pakistan and the UAE had long-standing brotherly relations spanning decades, whereas the country had vast investment opportunities in several sectors. Aleria, a leading C-level Artificial Intelligence platform based in the UAE, entered into a strategic partnership with Fauji Foundation.