Wafi Energy Pakistan Limited, formerly known as Shell Pakistan Limited, has announced a strategic expansion plan to establish a wholly-owned subsidiary in the Dubai Free Zone of the Dubai Multi Commodities Centre (DMCC), United Arab Emirates. This decision, disclosed during a board meeting on February 10, 2026, is part of the company's broader strategy to enhance its commercial activities beyond the Pakistani market. According to a notice sent to the Pakistan Stock Exchange (PSX), the company has approved an investment of up to USD 500,000 in this new subsidiary, pending approval from the State Bank of Pakistan and compliance with other legal and regulatory requirements. Profit by Pakistan Today highlights that this move aims to capitalize on global market opportunities, marking a significant step in Wafi Energy's international growth ambitions.