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Revealed On: Wed, 21 Aug 2024
03:27:39 PKT
ISLAMABAD (Internet Desk) – A high-ranking delegation from the United Arab Emirates (UAE) on Tuesday referred to as on Deputy Prime Minister Ishaq Dar and mentioned with him funding in Pakistan’s maritime, railways and aviation sectors.
The UAE delegation, which referred to as on the deputy prime minister, was led by Sheikh Ahmed Dalmook Al-Maktoum, in response to Dar’s workplace.
“The talks centered on funding alternatives in Pakistan’s maritime, railways, and aviation sectors,” in response to a press release on Tuesday.
The UAE is one in all Pakistan’s closest allies and has regularly bailed out the South Asian nation, becoming a member of Saudi Arabia and China in rolling over billions of {dollars} of loans in assist to the South Asian nation.
In Might, UAE President Sheikh Mohamed bin Zayed Al-Nahyan introduced $10 billion funding in Pakistan throughout a go to by Prime Minister Shehbaz Sharif to the Gulf nation, in response to Sharif’s Workplace.
The South Asian nation this yr additionally signed an settlement with the Abu Dhabi (AD) Ports Group, which will likely be investing about $395 million for the event of a container and cargo terminal underneath a government-to-government (G2G) settlement between the UAE and Pakistan.
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