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UAE pulls US$3.5 billion from Pakistan after Iran war mediation
April 11, 2026
South China Morning Post
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Days before Pakistan had helped to secure a ceasefire in the Iran war this week, the United Arab Emirates was seeking repayment of a US3.5 billion deposit from Islamabad’s central bank. The withdrawal, brushed off as a “routine financial transaction” by Pakistan’s foreign ministry, equated to roughly 21 per cent of the country’s foreign exchange reserves.
It was accompanied by a wave of criticism on Emirati social media directed at Islamabad. “When our security is directly threatened, we hear...
South China Morning Post
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