Investors don\u2019t care about democracy or dictatorship, but security: Chairman NBG
\n islamabad
\nChairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the disclosure of Pakistanis\u2019 properties worth eleven billion dollars in Dubai is not surprising.
\nHe added that investors don\u2019t care about democracy, dictatorship, or monarchy; they only care about the investment environment.
\nMian Zahid Hussain said that money, whether black or white, turns in a direction where it remains safe and can grow.
\nSpeaking to the business community, the veteran business leader stated that our authorities have attempted to obtain the details of Pakistanis\u2019 properties in Dubai, but they have failed.
\nHowever, now that the FATF has made UAE officials less inclined to conceal the investment\u2019s details,
\nDubai Leaks teaches us that the best places to invest are those with strong law and order, easy business, and a preference for the rule of law.
\nIn Dubai, new mega-scandals do not occur daily, like in Pakistan, and there is no practice of establishing false cases against people on political grounds.
\nThe business leader asserted that Dubai strictly enforces the law, does not practice extortion, does not kidnap businessmen, and does not send them false tax notices.
\nThese factors have made Dubai a paradise for tourists and investors, according to Mian Zahid Hussain. Due to tourism and investment, its resources and regional and global influence are continuously increasing, and a powerful nuclear country like Pakistan is often asking it for funds.
\nMian Zahid Hussain said that the conditions in India, Great Britain, and many other countries are much better than in Pakistan. Residents of these countries have also invested heavily in Dubai, indicating that they see Dubai\u2019s overall environment as superior to their own country.
\nInvestors are confident that their capital will grow rapidly in Dubai and remain safe.
\nHe further said that Pakistan is among the most profitable countries in the world, but despite this, its own people are investing outside the country because they do not trust their country and its system and do not consider it safe.
\nPakistani authorities should improve the atmosphere of trust in their country, put the mafia in control, and make laws and a justice system according to international standards so that the rich can invest in their country instead of roaming around the world.<\/p>\n","protected":false},"excerpt":{"rendered":"
Investors don\u2019t care about democracy or dictatorship, but security: Chairman NBG islamabad Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the disclosure of Pakistanis\u2019 properties worth eleven billion dollars in Dubai is not surprising. He added […]<\/p>\n","protected":false},"author":2,"featured_media":127540,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-407749","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n