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UAE Demands $3.5B from Pakistan Amid Iran War Tensions

4/11/2026

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Story summary
  • The United Arab Emirates demanded repayment of a US$3.5 billion deposit from Pakistan's central bank, about 21% of Pakistan's reserves, days before a ceasefire in the Iran war.
  • Pakistan's foreign ministry dismissed the withdrawal as routine, while Emirati social media questioned Islamabad's loyalty amid security threats.
  • Analysts say the backlash against Prime Minister Shehbaz Sharif likely had government approval, citing UAE restrictions on allied criticism and social-media control.