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    <title>Aaj TV English News - Business &amp; Economy</title>
    <link>https://english.aaj.tv/</link>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Thu, 09 Apr 2026 13:44:18 +0500</pubDate>
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      <title>Umar Farooq Zahoor honoured with Hilal-e-Imtiaz for securing over $700m in FDI</title>
      <link>https://english.aaj.tv/news/330408520/umar-farooq-zahoor-honoured-with-hilal-e-imtiaz-for-securing-over-700m-in-fdi</link>
      <description>&lt;p&gt;President Asif Ali Zardari has conferred the Hilal-e-Imtiaz, one of Pakistan’s highest civilian awards, on Umar Farooq Zahoor, a Dubai-based businessman of Pakistani origin, in recognition of his exceptional contributions to the country’s economy.&lt;/p&gt;
&lt;p&gt;According to reports, Zahoor was honoured for bringing over $700 million in foreign direct investment (FDI) to Pakistan over the past three years, with projects spanning infrastructure, ports, logistics, energy, agriculture, IT, and real estate.&lt;/p&gt;
&lt;p&gt;Government sources estimate that ongoing projects worth over $2 billion are currently underway due to his efforts.&lt;/p&gt;
&lt;p&gt;The award was presented at a special presidential investiture ceremony at the President House in connection with Pakistan Day, where over 100 distinguished individuals, both Pakistani and foreign, were recognised for their achievements.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Also, read this&lt;/strong&gt;&lt;/p&gt;
&lt;blockquote class="blockquote-level-1"&gt;
&lt;p&gt;&lt;a href="https://english.aaj.tv/news/330408517/president-honours-military-officers-for-outstanding-service-to-national-defence"&gt;President honours military officers for outstanding service to national defence&lt;/a&gt;&lt;/p&gt;
&lt;/blockquote&gt;
&lt;blockquote class="blockquote-level-1"&gt;
&lt;p&gt;&lt;a href="https://english.aaj.tv/news/330408383/bilawal-bhutto-zulfiqar-ali-bhutto-receiving-top-civilian-honour-marks-a-historic-milestone"&gt;Bilawal Bhutto: Zulfiqar Ali Bhutto receiving top civilian honour marks a historic milestone&lt;/a&gt;&lt;/p&gt;
&lt;/blockquote&gt;
&lt;blockquote class="blockquote-level-1"&gt;
&lt;p&gt;&lt;a href="https://english.aaj.tv/news/330408371/shaheed-za-bhutto-awarded-highest-civilian-honour-daughter-sanam-bhutto-receives-nishan-e-pakistan"&gt;Shaheed ZA Bhutto awarded highest civilian honour, daughter Sanam Bhutto receives Nishan-e-Pakistan&lt;/a&gt;&lt;/p&gt;
&lt;/blockquote&gt;
&lt;p&gt;Speaking after receiving the honour, Zahoor expressed his gratitude, stating: “This is a moment of immense pride and honour for me. Being recognised by my homeland with this prestigious award is truly humbling. I remain committed to supporting Pakistan’s economic growth and enhancing its global standing.”&lt;/p&gt;
&lt;p&gt;Beyond his investment efforts, Zahoor has played a key role in strengthening Pakistan’s economic ties with Gulf nations, leveraging his regional network to facilitate strategic partnerships.&lt;/p&gt;
&lt;p&gt;In a separate achievement, Zahoor was appointed as a Pro Bono Ambassador at Large by the Intergovernmental Institution for the Use of Micro-algae Spirulina Against Malnutrition (IIMSAM), an observer to the United Nations Economic and Social Council (ECOSOC). This role tasks him with promoting Spirulina, a nutrient-rich algae, in support of the UN’s fight against global malnutrition.&lt;/p&gt;
&lt;p&gt;Zahoor’s contributions continue to make a significant impact on both Pakistan’s economic landscape and global humanitarian efforts.&lt;/p&gt;
</description>
      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p>President Asif Ali Zardari has conferred the Hilal-e-Imtiaz, one of Pakistan’s highest civilian awards, on Umar Farooq Zahoor, a Dubai-based businessman of Pakistani origin, in recognition of his exceptional contributions to the country’s economy.</p>
<p>According to reports, Zahoor was honoured for bringing over $700 million in foreign direct investment (FDI) to Pakistan over the past three years, with projects spanning infrastructure, ports, logistics, energy, agriculture, IT, and real estate.</p>
<p>Government sources estimate that ongoing projects worth over $2 billion are currently underway due to his efforts.</p>
<p>The award was presented at a special presidential investiture ceremony at the President House in connection with Pakistan Day, where over 100 distinguished individuals, both Pakistani and foreign, were recognised for their achievements.</p>
<p><strong>Also, read this</strong></p>
<blockquote class="blockquote-level-1">
<p><a href="https://english.aaj.tv/news/330408517/president-honours-military-officers-for-outstanding-service-to-national-defence">President honours military officers for outstanding service to national defence</a></p>
</blockquote>
<blockquote class="blockquote-level-1">
<p><a href="https://english.aaj.tv/news/330408383/bilawal-bhutto-zulfiqar-ali-bhutto-receiving-top-civilian-honour-marks-a-historic-milestone">Bilawal Bhutto: Zulfiqar Ali Bhutto receiving top civilian honour marks a historic milestone</a></p>
</blockquote>
<blockquote class="blockquote-level-1">
<p><a href="https://english.aaj.tv/news/330408371/shaheed-za-bhutto-awarded-highest-civilian-honour-daughter-sanam-bhutto-receives-nishan-e-pakistan">Shaheed ZA Bhutto awarded highest civilian honour, daughter Sanam Bhutto receives Nishan-e-Pakistan</a></p>
</blockquote>
<p>Speaking after receiving the honour, Zahoor expressed his gratitude, stating: “This is a moment of immense pride and honour for me. Being recognised by my homeland with this prestigious award is truly humbling. I remain committed to supporting Pakistan’s economic growth and enhancing its global standing.”</p>
<p>Beyond his investment efforts, Zahoor has played a key role in strengthening Pakistan’s economic ties with Gulf nations, leveraging his regional network to facilitate strategic partnerships.</p>
<p>In a separate achievement, Zahoor was appointed as a Pro Bono Ambassador at Large by the Intergovernmental Institution for the Use of Micro-algae Spirulina Against Malnutrition (IIMSAM), an observer to the United Nations Economic and Social Council (ECOSOC). This role tasks him with promoting Spirulina, a nutrient-rich algae, in support of the UN’s fight against global malnutrition.</p>
<p>Zahoor’s contributions continue to make a significant impact on both Pakistan’s economic landscape and global humanitarian efforts.</p>
]]></content:encoded>
      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/330408520</guid>
      <pubDate>Mon, 24 Mar 2025 17:14:59 +0500</pubDate>
      <author>none@none.com (Web Desk)</author>
      <media:content url="https://i.aaj.tv/large/2025/03/241709429e46a3b.webp?r=171122" type="image/webp" medium="image" height="720" width="1200">
        <media:thumbnail url="https://i.aaj.tv/thumbnail/2025/03/241709429e46a3b.webp?r=171122"/>
        <media:title>Dubai-based businessman of Pakistani origin Umar Farooq Zahoor. File photo
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