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PM Modi condoles death of UAE vice president’s son Sheikh Rashid

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New Delhi, India’s Prime Minister Narendra Modi on 20th September , Sunday wrote to UAE Vice President Sheikh Mohammed bin Rashid Al-Maktoum, consoling the death of his son Sheikh Rashid bin Mohammed Al-Maktoum.

“I am deeply saddened to learn about the sudden and untimely demise of your worthy son Sheikh Rashid bin Mohammed Al-Maktoum,” Modi said in a statement issued here.

“With his passing away, a promising public career has been tragically cut short. In this hour of personal grief, our thoughts and prayers are with you, your family and people of UAE. The people of India join their UAE brothers and sisters in mourning this irreparable loss,” the prime minister said in his letter.

Sheikh Rashid was the eldest son of Sheikh Mohammed, the UAE’s vice president, prime minister and ruler of Dubai.

(IANS)

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UAE Signs $3 Billion Support For Pakistan

The two countries earlier in January were said to have finalised the terms and conditions of the support package, which involves $3.2 billion worth of oil supplies on deferred payment in addition to the $3 billion cash deposit

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Imran Khan, Taliban
Pakistan's Prime Minister Imran Khan speaks during a press conference in Putrajaya, Malaysia, Nov. 21, 2018. VOA

Pakistan and the United Arab Emirates (UAE) signed a $3 billion support package on Tuesday as pledged by Abu Dhabi to boost the liquidity and foreign exchange reserves of the cash-strapped country.

The package was signed by Abu Dhabi Fund for Development (ADFD) Director General Mohammed Saif Al Suwaidi and the State Bank of Pakistan Director Tariq Bajwa at a ceremony here.

According to the package, the UAE will deposit $3 billion in the State Bank of Pakistan to support the country’s financial and monetary policy, the state-run WAM news agency reported.

Imran Khan, Sikh
Pakistan’s Prime Minister Imran Khan is seen during talks in Beijing, China. VOA

The amount will be paid to Pakistan in three instalments.

The UAE had announced its intention to inject $3 billion cash into Pakistan via the ADFD in December 2018, a month after Prime Minister Imran Khan undertook his second trip to the country since assuming office.

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The two countries earlier in January were said to have finalised the terms and conditions of the support package, which involves $3.2 billion worth of oil supplies on deferred payment in addition to the $3 billion cash deposit. (IANS)