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Singapore is an important trade partner with Pakistan. Trade volume between the 2 countries is around US$2.5 billion. Singapore exported goods worth US$2.124 billion compared to US$228 million imports from Pakistan. [11] Singapore is also one of the largest investors in Pakistan. [12] with investment around US$2 billion. [13]
Pakistan have over the years played a vital role in establishing Emirati firms. In 1985, it was Pakistan International Airlines (PIA), the country's national carrier, that Dubai turned to when founding its new airline, Emirates. PIA provided technical and administrative assistance to Emirates and leased two aircraft to the new company.
In the early 1980s, the Saigol Group started rebuilding and reinvesting after their losses due to nationalization of industries in Pakistan during the 1970s. [ 1 ] The group is now managed by three Saigol brothers: Tariq Saigol, Nasim Saigol, and Taufeeq Saigol. [ 4 ]
Atlas Group is a group of companies headquartered in Lahore, Pakistan. [1] [2] The group was founded by Yusuf H. Shirazi who was the chairman of Atlas Group.He was also the founder member of Karachi Stock Exchange, Lahore Stock Exchange and International Chamber of Commerce and Industry. [3]
The United Arab Emirates is a major investment destination for Pakistan. Pakistanis are among the top ten investors in the UAE property market, ranking as the second largest nationality that bought most property in Dubai. [18] Many wealthy Pakistanis have bought expensive properties in Dubai and have second homes there.
NSK Ltd. (日本精工株式会社, Nippon Seikō Kabushiki-gaisha, Japan Precision Company), also known in some markets as NSK Automation, is a large manufacturer of bearings globally and the largest in Japan. The company produces industrial machinery bearings, precision machinery and parts, and automotive bearings and components.
NIB Bank Limited, a Temasek's subsidiary in Pakistan, is a major shareholder of PICIC Insurance Limited with a 30% stake. Temasek Holdings is an investment company owned by the government of Singapore , through which is managed a portfolio of more than US$100 billion, focused primarily in Asia.
In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan. In February 2018, the World Bank imposed a 33-month debarment on PEL, its affiliates PEL Marketing, Kohinoor Power Company, and its former general manager, Abdul Waheed Butt, for engaging in collusive practices during bidding on World Bank-financed ...