Premium Textile Mills Limited, a Pakistani textile firm, has announced plans to establish a wholly owned subsidiary in the United Arab Emirates (UAE).
The listed company, engaged in the manufacturing and sale of cotton and polyester yarn, disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday.
“It is hereby informed that the Board of Directors of Premium Textile Mills Limited, through circular resolution dated December 8, 2025, has approved the formation of a wholly owned subsidiary in the UAE,” read the notice.
Last month, Premium Textiles approved a major project to install a 7.5MW wind turbine, expanding its renewable footprint.
In recent months, several Pakistani companies have expanded their operations in the UAE, especially in Dubai.
Earlier in July, Zarea Limited, one of Pakistan’s largest commodities B2B platforms, established a wholly owned subsidiary in Dubai. In June, Ismail Industries Limited, a manufacturer of confectionery items, announced the company’s plans to set up a subsidiary in Abu Dhabi, UAE. Treet Corporation Limited also successfully incorporated a wholly-owned subsidiary, Treet Trading LLC, in Dubai.
UAE’s appeal as the preferred destination for Pakistan’s companies has a lot to do with the streamlined payment process, favourable business environment, and better enforcement of contracts, among a number of other reasons.
Experts believe that incorporating an office in the UAE offers Pakistani companies a strategic advantage, enabling them to leverage a global hub with the required infrastructure and a proper legal framework.
