Business

Premium Textile Mills to Set Up International Presence with UAE Subsidiary

Premium Textile Mills Limited, a leading Pakistani textile manufacturer, has announced plans to establish a wholly owned subsidiary in the United Arab Emirates (UAE), marking a strategic step toward international expansion. The company, listed on the Pakistan Stock Exchange (PSX), specializes in manufacturing and selling cotton and polyester yarn.

In a notice to the PSX on December 8, 2025, the board approved the formation of the UAE subsidiary through a circular resolution. This move follows Premium Textile Mills’ recent investment in renewable energy, including a 7.5MW wind turbine project, highlighting its commitment to sustainable growth.

Several other Pakistani firms have also expanded into the UAE recently. Zarea Limited established a Dubai subsidiary in July, Ismail Industries Limited set up operations in Abu Dhabi in June, and Treet Corporation launched Treet Trading LLC in Dubai. Experts note that the UAE’s favourable business environment, efficient payment processes, and strong legal framework make it an attractive hub for Pakistani companies seeking regional and global growth.