Pakistan is scrambling to secure financial backing as it faces a $3 billion repayment to the United Arab Emirates. Islamabad has turned to traditional allies in the Gulf and Asia, opening discussions with Saudi Arabia and China about potential loans and investments to cover this obligation, according to people familiar with the matter.

The talks remain confidential but involve substantial financial support beyond the UAE debt. One source indicates Pakistan is seeking more than $3.5 billion in combined assistance from Saudi Arabia and China. This comes as Pakistan navigates economic challenges and seeks to maintain foreign exchange reserves critical for imports and debt servicing.

The financial maneuvering underscores Pakistan's ongoing struggle to balance its external obligations while maintaining economic stability. The potential support from Saudi Arabia and China could provide temporary relief but may also come with conditions affecting Pakistan's economic policies. Pakistan's debt situation remains a key concern for international investors monitoring emerging markets.