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UAE finalizes $6.2bn financial package for Pakistan

ISLAMABAD: The United Arab Emirates (UAE) finalized a financial package of $6.2 billion for Pakistan, ARY News reported. Sources relayed that the UAE package comprises of $3.2bn worth of oil supplies on deferred payment and a $3bn cash deposit. The package is expected to be announced by UAE Crown Prince Sheikh Mohammed bin Zayed Al Nahyan during his scheduled visit of Pakistan which on January 6. According to an official familiar with the matter, the UAE package will be under the same terms and conditions as given…