Ismail Industries Limited expands to UAE market

Web DeskJune 29, 2024 09:54 AMbusiness
  • Pakistani companies establishing subsidiaries in the UAE for international growth
  • Treet Corporation Limited sets up Treet Trading LLC in Dubai
  • UAE's business-friendly environment attracts Pakistani businesses for market diversification
Ismail Industries Limited expands to UAE marketImage Credits: Instagram
Pakistani companies like Ismail Industries Limited and Treet Corporation Limited are expanding to the UAE to leverage its business-friendly environment and tap into new market opportunities, strengthening economic ties between Pakistan and the UAE.

In recent times, the United Arab Emirates (UAE) has emerged as a favored destination for Pakistani businesses seeking international expansion opportunities. This trend is evident as more companies from Pakistan are announcing plans to establish subsidiaries in the UAE. Ismail Industries Limited, a renowned confectionary manufacturer, has recently revealed its decision to set up a subsidiary in Abu Dhabi, UAE. The company's Board of Directors has given the green light for the establishment of a wholly-owned subsidiary that will focus on producing and distributing various food products, including biscuits and confectionery items.

Another notable example is Treet Corporation Limited, which has already taken the step to establish a wholly-owned subsidiary named Treet Trading LLC in Dubai, UAE. This strategic move by Treet Corporation is aimed at expanding its business operations and tapping into new market opportunities on a global scale. Dubai, known for its business-friendly environment, is seen as a gateway for Treet Corporation to enhance its market presence in the Middle East region.

The UAE's attractiveness to Pakistani companies can be attributed to its efficient payment processes, conducive business environment, and robust contract enforcement mechanisms. The UAE excels in contract enforcement and ensures swift electricity connections, making it an ideal destination for business growth. For Pakistani companies, setting up offices in the UAE offers strategic advantages by providing access to a global hub equipped with the necessary infrastructure and legal framework.

The increasing trend of Pakistani companies expanding to the UAE signifies a strategic move towards international growth and market diversification. With the UAE's business-friendly environment and strong regulatory framework, Pakistani businesses are well-positioned to capitalize on the opportunities presented in the Gulf country. This expansion not only benefits the companies involved but also contributes to strengthening economic ties between Pakistan and the UAE, fostering mutual growth and collaboration in the business sector.

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