Over 230,000 Pakistanis relocated to the UAE in the previous year, seeking better opportunities, according to officials from Pakistan. The UAE ranked as the second most popular destination for Pakistani migrants, constituting 26.77% of the total South Asian migrants in 2023, as reported by the Bureau of Emigration and Overseas Employment (BE&OE) and Overseas Employment Corporation (OEC). With 1.7 million Pakistani expatriates, the UAE hosts the second largest Pakistani community. Professionals including doctors, engineers, and IT sector employees have moved abroad due to limited job prospects in Pakistan, raising concerns about brain drain. The Gulf Cooperation Council (GCC) countries were the primary destinations for migration, with 862,625 Pakistanis globally seeking employment. Saudi Arabia topped the list, attracting 426,951 Pakistanis, followed by Oman with 60,046, Qatar with 55,112, Bahrain with 13,345, and Malaysia with 20,905. Over 13.53 million Pakistanis have legally migrated for work in over 50 countries by April 2024, with 96% registering for jobs in GCC countries, mainly Saudi Arabia and the UAE. These migrants significantly contribute to Pakistan's economy through remittances, a crucial source of foreign exchange. The UAE is also the second-largest source of remittances for Pakistan, with $3.7 billion sent during the July-March 2024 fiscal year. The Pakistani rupee has depreciated against the Emirati dirham, declining from 28 in 2013-14 to 77.44 in 2023-24. The UAE and Pakistan maintain strong governmental ties, with the UAE providing a $1 billion deposit for balance of payment support. Pakistan's exports to the UAE rose to Rs328.6 billion in the July-March 2023-24 fiscal year, while imports from the UAE increased to Rs2.955 billion, accounting for 26% of Pakistan's total imports.
Text: Lara Palmer
13.06.2024
UAE Ranks Second for Pakistani Migrants, Contributing Significantly to Remittances and Economic Ties