UAE

Pakistan has dismissed social media claims surrounding the repayment of financial deposits to the United Arab Emirates, calling such narratives misleading and inaccurate. Officials clarified that the repayment of approximately Rs. 25,000 crore (USD 3 billion) is part of pre-agreed bilateral commercial arrangements rather than a sign of financial distress. The deposits, placed with the State Bank of Pakistan, were intended to support external balances under broader economic frameworks.

Pakistan has formally addressed speculation surrounding its repayment of financial deposits to the United Arab Emirates, describing the transaction as a routine and pre-agreed financial obligation. Authorities emphasized that the repayment, estimated at approximately Rs. 16,600 crore (USD 2 billion equivalent), reflects standard bilateral arrangements rather than economic distress. Officials rejected misleading narratives circulating on social media and reaffirmed the strength of Pakistan’s financial position and its long-standing partnership with the UAE.

India has extended the validity of gold import licenses issued under its trade agreement with the United Arab Emirates, citing ongoing geopolitical disruptions affecting global trade and logistics. The move allows importers additional time—until June 30, 2026—to utilize tariff rate quota (TRQ) benefits that offer concessional duties on gold imports. Originally set to expire on March 31, the extension reflects policy flexibility in response to instability in West Asia.