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UAE gives $2 bn bailout loan to Pakistan

UAE gives $2 bn bailout loan to Pakistan Wed, Apr 21 2021 06:44:17 PM By Hamza Ameer Islamabad, Apr 21 (IANS): The United Arad Emirates (UAE) has decided to help Pakistan with a $2 billion bailout package, committing every possible support to Pakistan . The UAE s support came during the visit of Pakistan Foreign Minister Shah Mahmood Qureshi to the Gulf nation. Qureshi thanked UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, stating that UAE s help reflected the warm and brotherly ties between the two countries . We greatly appreciate the UAE s continued support and cooperation, maintained the Pakistan foreign office. Qureshi has also raised the issue of visa restrictions for Pakistanis in his meeting with the Emirati Minister for Tolerance and Coexistence, Sheikh Nahyan Mubarak Al Nahyan, and Minister of State for Foreign Affairs, Ahmed Bin Ali Al Sayegh.

Jammu and kashmirHamza ameerShah mahmood qureshiZayed al nahyanAli al sayeghOrganization of islamic cooperationForeign affairsUnited arad emiratesPakistan foreign minister shah mahmood qureshiMinister sheikh abdullahEmirati ministerSheikh nahyan mubarak alIslamic cooperationஜம்மு மற்றும் காஷ்மீர்ஹம்ஸா அமீர்ஷா மஹ்மூத் கரிஶி

UAE extends term of $2 billion interest-free loan to Pakistan made in 2019

The United Arab Emirates (UAE) has extended the term of USD 2 billion interest-free loan to Pakistan made in January 2019, as Islamabad s economy continues to struggle with sluggish growth amid the coronavirus pandemic. Pakistan foreign office made the announcement on Tuesday a day after a meeting between Pakistan Foreign Minister Shah Mahmood Qureshi and his UAE counterpart Sheikh Abdullah bin Zayed Al Nahyan, Dawn reported. Qureshi and his UAE counterpart held detailed discussions on Monday evening after the delegation-level talks during the foreign minister s three-day visit to the Gulf state. The loan was made in 2019 to help Pakistan avert a potential balance of payments crisis.

Saudi arabiaUnited arab emiratesUnited statesShah mahmood qureshiZayed al nahyanInternational monetary fundPakistan foreign minister shah mahmood qureshiSheikh abdullahWorld economic outlookState bankMember states of the organisation islamic cooperationMember states of the united nationsUnited arab emiratesEconomy of the united arab emiratesAkistanunited arab emirates relationsசவுதி அரேபியா

Pakistan Pavilion at Expo 2020 Dubai to strengthen bilateral, trade relations with UAE, says Qureshi

Speaking on the occasion, Qureshis said: “Pakistan Pavilion at the Exp 2020 Dubai site is the testimony of strong relations between UAE and Pakistan. I believe that the Pakistan Pavilion will further help strengthen bilateral and trade relations between the two countries. Pakistan Foreign Minister arrived in the UAE on Saturday on a three-day official visit. He met the Pakistani businessmen on Saturday and is expected to hold meetings with the senior UAE officials on Sunday and Monday. Pavilion cost Gulf News had reported earlier that the Pakistani pavilion was being built at the cost of $28.72 million. The initial cost was estimated to be around $16 million, but it jumped due to some addition to its design to create the ‘wow’ factor.

United arab emiratesGulf newsAmbassdor afzaal mahmoodAhmed amjad aliShah mahmood qureshiRizwan tariqHeritage centreForeign ministerPakistan foreign ministerPakistan pavilionImage creditPakistan foreign minister shah mahmood qureshiDirector generalConsul general ahmed amjad aliOpportunity districtHidden treasure

UAE extends term of USD 2 billion loan to Pakistan

UAE extends term of USD 2 billion loan to Pakistan
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Saudi arabiaUnited arab emiratesUnited statesShah mahmood qureshiZayed al nahyanInternational monetary fundPakistan foreign minister shah mahmood qureshiSheikh abdullahWorld economic outlookState bankசவுதி அரேபியாஒன்றுபட்டது அரபு அமீரகங்கள்ஒன்றுபட்டது மாநிலங்களில்ஷா மஹ்மூத் கரிஶிஸேயெட் அல் நஹ்யான்சர்வதேச பண நிதி

UAE extends term of USD 2 billion loan to Pakistan

UAE extends term of USD 2 billion loan to Pakistan
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