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Your email address will not be published.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

Three injured in Israeli strike on car in south Lebanon

At least three people were injured in an Israeli strike on a…

Israel to expel French aid boat activists by end of week

France’s Foreign Minister Jean-Noel Barrot expects Israel to release four French activists…

North Korea reports first Covid-19 case, declares emergency

State media said Thursday that North Korea had confirmed its first-ever case…

Plot being hatched to assassinate former Bangladeshi PM: Report

Former Prime Minister Khaleda Zia was poisoned and assassinated, according to Bangladesh…