{"id":92371,"date":"2024-05-24T00:00:00","date_gmt":"2024-05-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/uae-to-invest-usd-10-bn-in-pakistan\/"},"modified":"2024-05-24T00:00:00","modified_gmt":"2024-05-24T00:00:00","slug":"uae-to-invest-usd-10-bn-in-pakistan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/05\/24\/uae-to-invest-usd-10-bn-in-pakistan\/","title":{"rendered":"UAE to invest USD 10 bn in Pakistan"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The UAE has earmarked USD 10 bn to invest in Pakistan\u2019s \u201cpromising economic <\/strong><strong>sectors,\u201d&nbsp;<\/strong>according to a <a target=\"_blank\" href=\"https:\/\/www.mediaoffice.abudhabi\/en\/economy\/uae-allocates-10-billion-for-investment-in-promising-economic-sectors-in-pakistan\/\" style=\"\" rel=\"noopener\">statement<\/a> from the Abu Dhabi Media Office. The statement did not specify the potential projects or sectors the USD 10 bn will go towards. This came following a meeting between President Mohamed bin Zayed Al Nahyan and Pakistan\u2019s Prime Minister Muhammad Shehbaz Sharif during Sharif\u2019s visit to Abu Dhabi to explore potential investment and cooperation in economy, trade, and development, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3aq6kb-uae-president-prime-minister-pakistan-discuss\" style=\"\" rel=\"noopener\">Wam<\/a> reported. The PM <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3aq68r-prime-minister-pakistan-arrives-uae-received\" style=\"\" rel=\"noopener\">met with<\/a> Vice President Sheikh Mansour bin Zayed Al Nahyan in Abu Dhabi earlier in the day.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE-US cooperation to protect IP rights: <\/strong>The UAE and the US inked an MoU to ramp up cooperation in protecting intellectual property (IP) rights, focusing on exploring innovative activities and developing new IP policies, systems, and protection, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/ar\/article\/b3a4jfl-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D9%88%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D8%A7-%D8%AA%D9%88%D9%82%D8%B9%D8%A7%D9%86-%D9%85%D8%B0%D9%83%D8%B1%D8%A9-%D8%AA%D9%81%D8%A7%D9%87%D9%85-%D9%84%D8%AA%D8%B9%D8%B2%D9%8A%D8%B2-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86\" style=\"\" rel=\"noopener\">Wam<\/a> reports. The agreement includes a five-year cooperation program allowing US inventors and innovators with US patents to obtain patents in the UAE, provided they meet the necessary standards.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- The UAE has been doubling down on IP protection:<\/strong> Earlier in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/242ca975-1875-4c2f-9d25-32c6c7e61d98\/gov%25e2%2580%2599t-launches-a-new-intellectual-property-framework\" style=\"\" rel=\"noopener\">February<\/a>, the Economy Ministry rolled out an integrated IP framework comprising 11 separate initiatives, including a \u201cpatent hive\u201d to issue 6k patents by 2026.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Economy Minister Abdullah bin Touq Al Marri met with New York City Mayor Eric<\/strong><strong> Adams to discuss promoting bilateral economic cooperation<\/strong> in fintech, clean energy, green economy, entrepreneurship, tourism, transportation, and circular economy, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/b3aq6bo-bin-touq-meets-with-new-york-city-mayor-explore\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- UAE opens new embassy in Latvia: <\/strong>State Minister Ahmed bin Ali Al Sayegh participated yesterday in the inauguration of the UAE\u2019s new embassy in Latvia\u2019s Riga, located in a historic building on Unesco\u2019s cultural heritage list, according to <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/article\/b3aq6n7-ministers-state-attend-opening-new-uae-embassy\" style=\"\" rel=\"noopener\">Wam<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US and the UAE ink IP protection partnership<\/p>\n","protected":false},"author":1,"featured_media":92372,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1554],"tags":[54,309],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-92371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diplomacy","tag-diplomacy","tag-pakistan","wpautop","entry"],"acf":{"mongo_id":"114069e4-2924-4f97-80dc-e6f95f9561bb","order":"14","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/5\/1939.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE pledges USD 10 bn for investments in Pakistan","related_issue":[92345],"teaser":"The US and the UAE ink IP protection partnership","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/5\/.98592f91-1750-4d7d-957e-58e0e72a8374.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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