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Your email address will not be published.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

At least 13 killed, 50 wounded in Indian shelling of AJK: Official

Mazhar Hussain Shah, spokesperson for the government in Azad Jammu and Kashmir,…

Turkey condemns Israeli raids on Jenin

Turkey strongly condemned “provocations” by Israeli forces during raids on a refugee…

Russia has no plans of retreating from Ukraine: Putin

Moscow: On Dec 22, President Vladimir Putin declared that Russia had a…