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Global Business News

The Economic Times

Global Business / The Economic Times

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Caught between Saudi and UAE, Pakistan hedges support for Riyadh

Pakistan faces a dilemma amid the Saudi Arabia-UAE dispute. Despite a defense pact, Islamabad has not decisively backed Riyadh. Prime Minister Shehbaz Sharif reaffirmed solidarity with Saudi Arabia. Meanwhile, the UAE announced significant investment in Pakistan's Fauji Foundation.

9 Jan 2026 11:44 pm