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Pakistan seeks $1B UAE investment in Fauji Group to clear debt, with deal targeted by March 2026.
Pakistan is negotiating a $1 billion investment deal with the UAE, involving shares of the Fauji Foundation Group, to settle a debt, with plans to complete the transaction by March 31, 2026.
UAE President has also assured a $2 billion loan rollover, strengthening bilateral ties.
Deputy Prime Minister Ishaq Dar credited support from Saudi Arabia, China, and the UAE for improved financial stability and highlighted progress in diplomatic relations, trade, counterterrorism cooperation, and regional peace efforts, including advocacy for Gaza and the Indus Waters Treaty.
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Pakistán busca una inversión de $ 1B de los Emiratos Árabes Unidos en el Grupo Fauji para cancelar la deuda, con un acuerdo apuntado para marzo de 2026.