UAE Business: Pakistan’s Fatima Group inks $1bn in deals at Expo 2020 Dubai – Gulf Digital News

UAE Business: Pakistan’s Fatima Group inks $1bn in deals at Expo 2020 Dubai – Gulf Digital News

Fatima Group, a leading industrial firm in Pakistan, has signed two MoUs of over $1 billion with two key global agriculture stakeholders – China Machinery Engineering Company (CMEC) from China and Sarh Attaqnia Co (SAC) from Saudi Arabia.

Fatima Group is leading the initiative of transforming Pakistan’s agriculture to serve as the world’s food basket.

It is known as Pakistan’s fastest-growing industrial conglomerate with more than $1 billion in revenue in industries such as fertilisers, energy, textiles, sugar, cement, and venture capital investments.

The formal signing of the business partnership was held at the Pakistan Pavilion in line with the ongoing Agriculture Week at Expo 2020 Dubai. 

“As chairman of a leading Pakistani conglomerate, it is my vision to bring modern precision farming to Pakistan. We as a country are blessed with immense potential and I strongly believe that with the right partners we can create a big difference not just for Pakistan’s food security but the entire region. We are grateful to our Chinese and Saudi counterparts who have put their trust and faith in us. I am hopeful that this landmark will lead to many more such partnerships and investment opportunities for future,” said Mian Fawad