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UAE rolls over $2bn deposit after Qureshi’s trip
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April 21, 2021
ABU DHABI: Pronouncing the UAE’s decision to roll over the $2 billion deposit by the Abu Dhabi Fund, United Arab Emirates’ Sheikh Abdullah bin Zayed Al Nahyan affirmed the country’s commitment to extend every possible support to Pakistan.
This was discussed during a meeting late on Monday between Foreign Minister Shah Mehmood Qureshi and his UAE counterpart, where they reaffirmed their desire to further strengthen cordial relations between their countries in diverse fields.
The two sides reviewed the entire gamut of bilateral relations, discussing ways to enhance cooperation in diverse areas including trade, investment, infrastructure, energy, technology, tourism and manpower, in a meeting held late on Monday. Qureshi thanked the UAE for its continued support and cooperation bilaterally, as well as at international fora. He lauded the UAE’s progress and development over the last five decades, a
UAE grants extension in $2 bn loan repayment to Pakistan
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April 21, 2021
ISLAMABAD: The United Arab Emirates (UAE) has decided to roll-over the $2 billion deposit by the Abu Dhabi Fund to Pakistan, with assurance that the Emirate was committed to extend every possible support to Pakistan.
The UAE had provided a $2 billion loan deposit in January and February 2020 which have now matured. The announcement was made by UAE’s Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan in a meeting with Foreign Minister Shah Mahmood Qureshi at the UAE’s Ministry of Foreign Affairs in Abu Dhabi on Monday night.
UAE grants extension in $2b loan repayment to Pakistan thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.