Pakistan Presses Etisalat Over PTCL Dues in UAE Talks

Pakistan has stepped up efforts to resolve the PTCL Etisalat dues during high-level talks in the UAE. The issue remains central to broader discussions on trade and economic cooperation.
During meetings in Dubai, Pakistani leaders urged swift action.
They stressed that delayed payments continue to affect confidence and long-term planning.

Background of the PTCL Dispute

PTCL operates under a shared ownership structure. Pakistan holds nearly 60 percent, while Etisalat owns around 26 percent and manages operations. Etisalat assumed management control almost two decades ago.
However, the government still plays a decisive role in company decisions..The main dispute involves PTCL Etisalat dues worth about $799 million. These funds relate to obligations under the 2006 privatisation agreement.

High Level UAE Meetings Focus on Resolution

Deputy Prime Minister Ishaq Dar led Pakistan’s delegation in the UAE. He met senior UAE official Jassem Mohammed Bu Ataba Al Zaabi during the visit. Al Zaabi holds several key roles, including Chairman of Etisalat (e&).
He also oversees major financial and economic institutions in Abu Dhabi. Both sides described the talks as cordial and constructive.
They highlighted trust built through decades of bilateral cooperation.

Economic Cooperation Beyond PTCL

In addition, leaders discussed expanding UAE investment in Pakistan. They explored new sectors for trade, joint ventures, and long term growth. Etisalat’s future expansion through PTCL featured prominently.
Pakistan emphasized the need to resolve disputes to support stability and growth.
As a result, both sides agreed to intensify joint efforts. They committed to aligning actions with guidance from their leadership.
Dar underlined the urgency of settling all pending matters. He also stressed building economic ties based on mutual benefit.
UAE officials echoed this commitment.
They expressed readiness to advance shared economic objectives.