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Your email address will not be published.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

Israeli army awaits ‘political’ green light for Gaza invasion

The Israeli army is awaiting a “political decision” on the timing of…

Afghan central bank chief flees Kabul

The chief of the Afghan central bank has fled Kabul and blamed…

FBR extends income tax return date

Islamabad: It is reported that FBR has released instructions about extending of…

US, China extend tariff truce by 90 days, staving off surge in duties

The United States and China extended a tariff truce for another 90…