Prime Minister (PM) Shehbaz Sharif on Tuesday informed the federal cabinet that the United Arab Emirates (UAE) is extending the US$2 billion debt that was due to be paid back by Pakistan in January 2025. The prime minister, while chairing the meeting, told the federal cabinet about his “positive and constructive” meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan in Rahim Yar Khan, where they talked about measures to further improve investment cooperation and bilateral ties.
