Abu Dhabi had sought the immediate return of a $3.5bn loan; the funds were part of external financing support extended in 2019 to help stabilise Pakistan’s balance of payments.
These funds are part of external financing support extended by the UAE in 2019 to help stabilise Pakistan’s balance of payments and have been rolled over multiple times.
Pakistan's embassy in UAE says it is working in "close coordination" with local authorities to "facilitate the repatriation process at the earliest possible time”.
Urges all sides to refrain from actions that may undermine the security and territorial integrity of other countries; PM Shehbaz speaks to Saudi crown prince, UAE president.
In a meeting with UAE's national security adviser, the two leaders discussed ways to further strengthen bilateral cooperation across various sectors, ISPR says.
Says UAE’s investment and global connectivity, combined with Pakistan’s human resources and workforce, represent a beneficial partnership for economic growth.
Two leaders reiterate their determination to continue to work together to advance the shared objective of peace, stability, and sustainable development, according to a statement.
Says Saudi Arabia, UAE “stopped short of imposing ban on Pakistani passports”; finance ministry outlines visa facilitation reforms shared by UAE envoy, according to which nearly 500 visas are processed at new centre.