Pak firms to be listed in UAE, $20 billion property projects in Pak

Pakistani firms looking to list in United Arab Emirates

DUBAI: At least 20 Pakistani firms could list on bourses in the UAE after authorities in the two countries sign agreements on cross-listing, a Pakistani business association said on Sunday…

“We are in contact with more than 20 companies, while 10 companies have already started preparing for listing in UAE stock exchanges,” said the PBC president. …

Dubai-based Emaar Properties, the largest listed property developer in the Arab world, unveiled more than $20 billion worth of projects in Pakistan in May. Last year, the Abu Dhabi-based Emirates Telecommunications Corporation bought a 26 percent stake in the Pakistan Telecommunications Company. agencies

Daily Times