Islamabad: The United Arab Emirates (UAE) on Thursday agreed to roll over the existing $2 billion debt in much-needed financial help. In addition to announcing the rollover, the Gulf country announced a loan of $1 billion. The announcement was made by UAE President Sheikh Mohammad bin Zayed Al-Nahyan at a meeting with Prime Minister Shehbaz Sharif.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Hamas, other Palestinian factions agree to form unity govt

Hamas and Fatah, the main faction in the US-backed Palestinian Authority, said…

Israeli hostage discharged from hospital six months after release

An elderly woman held hostage in Gaza was discharged from hospital this…

Gaza receives 80 bodies of unidentified Palestinians from Israel

Civil Defence agency in Gaza has said it received the bodies of…