![{"type":"elementor","siteurl":"https://newsdoos.com/wp-json/","elements":[{"id":"613ba807","elType":"widget","isInner":false,"isLocked":false,"settings":{"editor":"\nFor Lea Michele, stepping onto a Broadway stage isn't just another role—it's a homecoming. The actress, famously known for her portrayal of the Broadway-obsessed Rachel Berry on the hit TV show Glee, has made a triumphant return to the very boards where her career began, this time as the legendary Fanny Brice in the revival of 'Funny Girl'.\n\nThis isn't just a casting choice; it feels like destiny. For years, fans of Glee watched Michele's character, Rachel, dream of and eventually land the role of Fanny Brice in a fictional revival. Life, in a stunning turn of art imitating life, has now mirrored that storyline. After the show's initial run faced challenges, Michele stepped into the part and has been credited with revitalizing the production, turning it into one of Broadway's hottest tickets.\n\nIn a recent interview, Michele was visibly emotional discussing her journey. She reflected on her deep-rooted history with Broadway, having started as a child actor in Les Misérables and Ragtime. For her, this role is the culmination of a lifelong dream, bringing her career full circle. She openly shared the profound personal significance of performing this iconic role, especially for her young son, who now gets to see his mother in the spotlight where she truly belongs.\n\nThe response from both audiences and critics has been electric. Michele's powerful performances have been met with nightly standing ovations, cementing her status not just as a television star, but as a bona fide Broadway powerhouse. Her journey from a child performer, to a TV star singing \"Don't Rain on My Parade,\" to finally headlining as Fanny Brice, is a narrative of perseverance and passion that resonates deeply with theater fans.\n\nLea Michele’s story with Funny Girl is a powerful reminder that sometimes, the greatest roles find their way to the performers who were meant for them all along. Her return to Broadway isn't just a performance; it's a triumph.\n","drop_cap":"","text_columns":"","text_columns_tablet":"","text_columns_mobile":"","column_gap":{"unit":"px","size":"","sizes":[]},"column_gap_tablet":{"unit":"px","size":"","sizes":[]},"column_gap_mobile":{"unit":"px","size":"","sizes":[]},"align":"","align_tablet":"","align_mobile":"","typography_typography":"","typography_font_family":"","typography_font_size":{"unit":"px","size":"","sizes":[]},"typography_font_size_tablet":{"unit":"px","size":"","sizes":[]},"typography_font_size_mobile":{"unit":"px","size":"","sizes":[]},"typography_font_weight":"","typography_text_transform":"","typography_font_style":"","typography_text_decoration":"","typography_line_height":{"unit":"px","size":"","sizes":[]},"typography_line_height_tablet":{"unit":"em","size":"","sizes":[]},"typography_line_height_mobile":{"unit":"em","size":"","sizes":[]},"typography_letter_spacing":{"unit":"px","size":"","sizes":[]},"typography_letter_spacing_tablet":{"unit":"px","size":"","sizes":[]},"typography_letter_spacing_mobile":{"unit":"px","size":"","sizes":[]},"typography_word_spacing":{"unit":"px","size":"","sizes":[]},"typography_word_spacing_tablet":{"unit":"em","size":"","sizes":[]},"typography_word_spacing_mobile":{"unit":"em","size":"","sizes":[]},"text_shadow_text_shadow_type":"","text_shadow_text_shadow":{"horizontal":0,"vertical":0,"blur":10,"color":"rgba(0,0,0,0.3)"},"paragraph_spacing":{"unit":"px","size":"","sizes":[]},"paragraph_spacing_tablet":{"unit":"px","size":"","sizes":[]},"paragraph_spacing_mobile":{"unit":"px","size":"","sizes":[]},"text_color":"","link_color":"","link_hover_color":"","link_hover_color_transition_duration":{"unit":"s","size":"","sizes":[]},"drop_cap_view":"default","drop_cap_primary_color":"","drop_cap_secondary_color":"","drop_cap_shadow_text_shadow_type":"","drop_cap_shadow_text_shadow":{"horizontal":0,"vertical":0,"blur":10,"color":"rgba(0,0,0,0.3)"},"drop_cap_size":{"unit":"px","size":5,"sizes":[]},"drop_cap_space":{"unit":"px","size":10,"sizes":[]},"drop_cap_border_radius":{"unit":"%","size":"","sizes":[]},"drop_cap_border_width":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"drop_cap_typography_typography":"","drop_cap_typography_font_family":"","drop_cap_typography_font_size":{"unit":"px","size":"","sizes":[]},"drop_cap_typography_font_size_tablet":{"unit":"px","size":"","sizes":[]},"drop_cap_typography_font_size_mobile":{"unit":"px","size":"","sizes":[]},"drop_cap_typography_font_weight":"","drop_cap_typography_text_transform":"","drop_cap_typography_font_style":"","drop_cap_typography_text_decoration":"","drop_cap_typography_line_height":{"unit":"px","size":"","sizes":[]},"drop_cap_typography_line_height_tablet":{"unit":"em","size":"","sizes":[]},"drop_cap_typography_line_height_mobile":{"unit":"em","size":"","sizes":[]},"drop_cap_typography_word_spacing":{"unit":"px","size":"","sizes":[]},"drop_cap_typography_word_spacing_tablet":{"unit":"em","size":"","sizes":[]},"drop_cap_typography_word_spacing_mobile":{"unit":"em","size":"","sizes":[]},"_title":"","_margin":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_margin_tablet":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_margin_mobile":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_padding":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_padding_tablet":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_padding_mobile":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_element_width":"","_element_width_tablet":"","_element_width_mobile":"","_element_custom_width":{"unit":"%","size":"","sizes":[]},"_element_custom_width_tablet":{"unit":"px","size":"","sizes":[]},"_element_custom_width_mobile":{"unit":"px","size":"","sizes":[]},"_grid_column":"","_grid_column_tablet":"","_grid_column_mobile":"","_grid_column_custom":"","_grid_column_custom_tablet":"","_grid_column_custom_mobile":"","_grid_row":"","_grid_row_tablet":"","_grid_row_mobile":"","_grid_row_custom":"","_grid_row_custom_tablet":"","_grid_row_custom_mobile":"","_flex_align_self":"","_flex_align_self_tablet":"","_flex_align_self_mobile":"","_flex_order":"","_flex_order_tablet":"","_flex_order_mobile":"","_flex_order_custom":"","_flex_order_custom_tablet":"","_flex_order_custom_mobile":"","_flex_size":"","_flex_size_tablet":"","_flex_size_mobile":"","_flex_grow":1,"_flex_grow_tablet":"","_flex_grow_mobile":"","_flex_shrink":1,"_flex_shrink_tablet":"","_flex_shrink_mobile":"","_element_vertical_align":"","_element_vertical_align_tablet":"","_element_vertical_align_mobile":"","_position":"","_offset_orientation_h":"start","_offset_x":{"unit":"px","size":0,"sizes":[]},"_offset_x_tablet":{"unit":"px","size":"","sizes":[]},"_offset_x_mobile":{"unit":"px","size":"","sizes":[]},"_offset_x_end":{"unit":"px","size":0,"sizes":[]},"_offset_x_end_tablet":{"unit":"px","size":"","sizes":[]},"_offset_x_end_mobile":{"unit":"px","size":"","sizes":[]},"_offset_orientation_v":"start","_offset_y":{"unit":"px","size":0,"sizes":[]},"_offset_y_tablet":{"unit":"px","size":"","sizes":[]},"_offset_y_mobile":{"unit":"px","size":"","sizes":[]},"_offset_y_end":{"unit":"px","size":0,"sizes":[]},"_offset_y_end_tablet":{"unit":"px","size":"","sizes":[]},"_offset_y_end_mobile":{"unit":"px","size":"","sizes":[]},"_z_index":"","_z_index_tablet":"","_z_index_mobile":"","_element_id":"","_css_classes":"","_element_cache":"","_animation":"","_animation_tablet":"","_animation_mobile":"","animation_duration":"","_animation_delay":"","_transform_rotate_popover":"","_transform_rotateZ_effect":{"unit":"px","size":"","sizes":[]},"_transform_rotateZ_effect_tablet":{"unit":"deg","size":"","sizes":[]},"_transform_rotateZ_effect_mobile":{"unit":"deg","size":"","sizes":[]},"_transform_rotate_3d":"","_transform_rotateX_effect":{"unit":"px","size":"","sizes":[]},"_transform_rotateX_effect_tablet":{"unit":"deg","size":"","sizes":[]},"_transform_rotateX_effect_mobile":{"unit":"deg","size":"","sizes":[]},"_transform_rotateY_effect":{"unit":"px","size":"","sizes":[]},"_transform_rotateY_effect_tablet":{"unit":"deg","size":"","sizes":[]},"_transform_rotateY_effect_mobile":{"unit":"deg","size":"","sizes":[]},"_transform_perspective_effect":{"unit":"px","size":"","sizes":[]},"_transform_perspective_effect_tablet":{"unit":"px","size":"","sizes":[]},"_transform_perspective_effect_mobile":{"unit":"px","size":"","sizes":[]},"_transform_translate_popover":"","_transform_translateX_effect":{"unit":"px","size":"","sizes":[]},"_transform_translateX_effect_tablet":{"unit":"px","size":"","sizes":[]},"_transform_translateX_effect_mobile":{"unit":"px","size":"","sizes":[]},"_transform_translateY_effect":{"unit":"px","size":"","sizes":[]},"_transform_translateY_effect_tablet":{"unit":"px","size":"","sizes":[]},"_transform_translateY_effect_mobile":{"unit":"px","size":"","sizes":[]},"_transform_scale_popover":"","_transform_keep_proportions":"yes","_transform_scale_effect":{"unit":"px","size":"","sizes":[]},"_transform_scale_effect_tablet":{"unit":"px","size":"","sizes":[]},"_transform_scale_effect_mobile":{"unit":"px","size":"","sizes":[]},"_transform_scaleX_effect":{"unit":"px","size":"","sizes":[]},"_transform_scaleX_effect_tablet":{"unit":"px","size":"","sizes":[]},"_transform_scaleX_effect_mobile":{"unit":"px","size":"","sizes":[]},"_transform_scaleY_effect":{"unit":"px","size":"","sizes":[]},"_transform_scaleY_effect_tablet":{"unit":"px","size":"","sizes":[]},"_transform_scaleY_effect_mobile":{"unit":"px","size":"","sizes":[]},"_transform_skew_popover":"","_transform_skewX_effect":{"unit":"px","size":"","sizes":[]},"_transform_skewX_effect_tablet":{"unit":"deg","size":"","sizes":[]},"_transform_skewX_effect_mobile":{"unit":"deg","size":"","sizes":[]},"_transform_skewY_effect":{"unit":"px","size":"","sizes":[]},"_transform_skewY_effect_tablet":{"unit":"deg","size":"","sizes":[]},"_transform_skewY_effect_mobile":{"unit":"deg","size":"","sizes":[]},"_transform_flipX_effect":"","_transform_flipY_effect":"","_transform_rotate_popover_hover":"","_transform_rotateZ_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_rotateZ_effect_hover_tablet":{"unit":"deg","size":"","sizes":[]},"_transform_rotateZ_effect_hover_mobile":{"unit":"deg","size":"","sizes":[]},"_transform_rotate_3d_hover":"","_transform_rotateX_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_rotateX_effect_hover_tablet":{"unit":"deg","size":"","sizes":[]},"_transform_rotateX_effect_hover_mobile":{"unit":"deg","size":"","sizes":[]},"_transform_rotateY_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_rotateY_effect_hover_tablet":{"unit":"deg","size":"","sizes":[]},"_transform_rotateY_effect_hover_mobile":{"unit":"deg","size":"","sizes":[]},"_transform_perspective_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_perspective_effect_hover_tablet":{"unit":"px","size":"","sizes":[]},"_transform_perspective_effect_hover_mobile":{"unit":"px","size":"","sizes":[]},"_transform_translate_popover_hover":"","_transform_translateX_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_translateX_effect_hover_tablet":{"unit":"px","size":"","sizes":[]},"_transform_translateX_effect_hover_mobile":{"unit":"px","size":"","sizes":[]},"_transform_translateY_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_translateY_effect_hover_tablet":{"unit":"px","size":"","sizes":[]},"_transform_translateY_effect_hover_mobile":{"unit":"px","size":"","sizes":[]},"_transform_scale_popover_hover":"","_transform_keep_proportions_hover":"yes","_transform_scale_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_scale_effect_hover_tablet":{"unit":"px","size":"","sizes":[]},"_transform_scale_effect_hover_mobile":{"unit":"px","size":"","sizes":[]},"_transform_scaleX_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_scaleX_effect_hover_tablet":{"unit":"px","size":"","sizes":[]},"_transform_scaleX_effect_hover_mobile":{"unit":"px","size":"","sizes":[]},"_transform_scaleY_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_scaleY_effect_hover_tablet":{"unit":"px","size":"","sizes":[]},"_transform_scaleY_effect_hover_mobile":{"unit":"px","size":"","sizes":[]},"_transform_skew_popover_hover":"","_transform_skewX_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_skewX_effect_hover_tablet":{"unit":"deg","size":"","sizes":[]},"_transform_skewX_effect_hover_mobile":{"unit":"deg","size":"","sizes":[]},"_transform_skewY_effect_hover":{"unit":"px","size":"","sizes":[]},"_transform_skewY_effect_hover_tablet":{"unit":"deg","size":"","sizes":[]},"_transform_skewY_effect_hover_mobile":{"unit":"deg","size":"","sizes":[]},"_transform_flipX_effect_hover":"","_transform_flipY_effect_hover":"","_transform_transition_hover":{"unit":"px","size":"","sizes":[]},"motion_fx_transform_x_anchor_point":"","motion_fx_transform_x_anchor_point_tablet":"","motion_fx_transform_x_anchor_point_mobile":"","motion_fx_transform_y_anchor_point":"","motion_fx_transform_y_anchor_point_tablet":"","motion_fx_transform_y_anchor_point_mobile":"","_background_background":"","_background_color":"","_background_color_stop":{"unit":"%","size":0,"sizes":[]},"_background_color_stop_tablet":{"unit":"%"},"_background_color_stop_mobile":{"unit":"%"},"_background_color_b":"#f2295b","_background_color_b_stop":{"unit":"%","size":100,"sizes":[]},"_background_color_b_stop_tablet":{"unit":"%"},"_background_color_b_stop_mobile":{"unit":"%"},"_background_gradient_type":"linear","_background_gradient_angle":{"unit":"deg","size":180,"sizes":[]},"_background_gradient_angle_tablet":{"unit":"deg"},"_background_gradient_angle_mobile":{"unit":"deg"},"_background_gradient_position":"center center","_background_gradient_position_tablet":"","_background_gradient_position_mobile":"","_background_image":{"url":"","id":"","size":""},"_background_image_tablet":{"url":"","id":"","size":""},"_background_image_mobile":{"url":"","id":"","size":""},"_background_position":"","_background_position_tablet":"","_background_position_mobile":"","_background_xpos":{"unit":"px","size":0,"sizes":[]},"_background_xpos_tablet":{"unit":"px","size":0,"sizes":[]},"_background_xpos_mobile":{"unit":"px","size":0,"sizes":[]},"_background_ypos":{"unit":"px","size":0,"sizes":[]},"_background_ypos_tablet":{"unit":"px","size":0,"sizes":[]},"_background_ypos_mobile":{"unit":"px","size":0,"sizes":[]},"_background_attachment":"","_background_repeat":"","_background_repeat_tablet":"","_background_repeat_mobile":"","_background_size":"","_background_size_tablet":"","_background_size_mobile":"","_background_bg_width":{"unit":"%","size":100,"sizes":[]},"_background_bg_width_tablet":{"unit":"px","size":"","sizes":[]},"_background_bg_width_mobile":{"unit":"px","size":"","sizes":[]},"_background_video_link":"","_background_video_start":"","_background_video_end":"","_background_play_once":"","_background_play_on_mobile":"","_background_privacy_mode":"","_background_video_fallback":{"url":"","id":"","size":""},"_background_slideshow_gallery":[],"_background_slideshow_loop":"yes","_background_slideshow_slide_duration":5000,"_background_slideshow_slide_transition":"fade","_background_slideshow_transition_duration":500,"_background_slideshow_background_size":"","_background_slideshow_background_size_tablet":"","_background_slideshow_background_size_mobile":"","_background_slideshow_background_position":"","_background_slideshow_background_position_tablet":"","_background_slideshow_background_position_mobile":"","_background_slideshow_lazyload":"","_background_slideshow_ken_burns":"","_background_slideshow_ken_burns_zoom_direction":"in","_background_hover_background":"","_background_hover_color":"","_background_hover_color_stop":{"unit":"%","size":0,"sizes":[]},"_background_hover_color_stop_tablet":{"unit":"%"},"_background_hover_color_stop_mobile":{"unit":"%"},"_background_hover_color_b":"#f2295b","_background_hover_color_b_stop":{"unit":"%","size":100,"sizes":[]},"_background_hover_color_b_stop_tablet":{"unit":"%"},"_background_hover_color_b_stop_mobile":{"unit":"%"},"_background_hover_gradient_type":"linear","_background_hover_gradient_angle":{"unit":"deg","size":180,"sizes":[]},"_background_hover_gradient_angle_tablet":{"unit":"deg"},"_background_hover_gradient_angle_mobile":{"unit":"deg"},"_background_hover_gradient_position":"center center","_background_hover_gradient_position_tablet":"","_background_hover_gradient_position_mobile":"","_background_hover_image":{"url":"","id":"","size":""},"_background_hover_image_tablet":{"url":"","id":"","size":""},"_background_hover_image_mobile":{"url":"","id":"","size":""},"_background_hover_position":"","_background_hover_position_tablet":"","_background_hover_position_mobile":"","_background_hover_xpos":{"unit":"px","size":0,"sizes":[]},"_background_hover_xpos_tablet":{"unit":"px","size":0,"sizes":[]},"_background_hover_xpos_mobile":{"unit":"px","size":0,"sizes":[]},"_background_hover_ypos":{"unit":"px","size":0,"sizes":[]},"_background_hover_ypos_tablet":{"unit":"px","size":0,"sizes":[]},"_background_hover_ypos_mobile":{"unit":"px","size":0,"sizes":[]},"_background_hover_attachment":"","_background_hover_repeat":"","_background_hover_repeat_tablet":"","_background_hover_repeat_mobile":"","_background_hover_size":"","_background_hover_size_tablet":"","_background_hover_size_mobile":"","_background_hover_bg_width":{"unit":"%","size":100,"sizes":[]},"_background_hover_bg_width_tablet":{"unit":"px","size":"","sizes":[]},"_background_hover_bg_width_mobile":{"unit":"px","size":"","sizes":[]},"_background_hover_video_link":"","_background_hover_video_start":"","_background_hover_video_end":"","_background_hover_play_once":"","_background_hover_play_on_mobile":"","_background_hover_privacy_mode":"","_background_hover_video_fallback":{"url":"","id":"","size":""},"_background_hover_slideshow_gallery":[],"_background_hover_slideshow_loop":"yes","_background_hover_slideshow_slide_duration":5000,"_background_hover_slideshow_slide_transition":"fade","_background_hover_slideshow_transition_duration":500,"_background_hover_slideshow_background_size":"","_background_hover_slideshow_background_size_tablet":"","_background_hover_slideshow_background_size_mobile":"","_background_hover_slideshow_background_position":"","_background_hover_slideshow_background_position_tablet":"","_background_hover_slideshow_background_position_mobile":"","_background_hover_slideshow_lazyload":"","_background_hover_slideshow_ken_burns":"","_background_hover_slideshow_ken_burns_zoom_direction":"in","_background_hover_transition":{"unit":"px","size":"","sizes":[]},"_border_border":"","_border_width":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_border_width_tablet":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_border_width_mobile":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_border_color":"","_border_radius":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_border_radius_tablet":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_border_radius_mobile":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_box_shadow_box_shadow_type":"","_box_shadow_box_shadow":{"horizontal":0,"vertical":0,"blur":10,"spread":0,"color":"rgba(0,0,0,0.5)"},"_box_shadow_box_shadow_position":" ","_border_hover_border":"","_border_hover_width":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_border_hover_width_tablet":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_border_hover_width_mobile":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_border_hover_color":"","_border_radius_hover":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_border_radius_hover_tablet":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_border_radius_hover_mobile":{"unit":"px","top":"","right":"","bottom":"","left":"","isLinked":true},"_box_shadow_hover_box_shadow_type":"","_box_shadow_hover_box_shadow":{"horizontal":0,"vertical":0,"blur":10,"spread":0,"color":"rgba(0,0,0,0.5)"},"_box_shadow_hover_box_shadow_position":" ","_border_hover_transition":{"unit":"px","size":"","sizes":[]},"_mask_switch":"","_mask_shape":"circle","_mask_image":{"url":"","id":"","size":""},"_mask_image_tablet":{"url":"","id":"","size":""},"_mask_image_mobile":{"url":"","id":"","size":""},"_mask_size":"contain","_mask_size_tablet":"","_mask_size_mobile":"","_mask_size_scale":{"unit":"%","size":100,"sizes":[]},"_mask_size_scale_tablet":{"unit":"px","size":"","sizes":[]},"_mask_size_scale_mobile":{"unit":"px","size":"","sizes":[]},"_mask_position":"center center","_mask_position_tablet":"","_mask_position_mobile":"","_mask_position_x":{"unit":"%","size":0,"sizes":[]},"_mask_position_x_tablet":{"unit":"px","size":"","sizes":[]},"_mask_position_x_mobile":{"unit":"px","size":"","sizes":[]},"_mask_position_y":{"unit":"%","size":0,"sizes":[]},"_mask_position_y_tablet":{"unit":"px","size":"","sizes":[]},"_mask_position_y_mobile":{"unit":"px","size":"","sizes":[]},"_mask_repeat":"no-repeat","_mask_repeat_tablet":"","_mask_repeat_mobile":"","hide_desktop":"","hide_tablet":"","hide_mobile":""},"defaultEditSettings":{"defaultEditRoute":"content"},"elements":[],"widgetType":"text-editor","editSettings":{"defaultEditRoute":"content","panel":{"activeTab":"content","activeSection":"section_editor"}}}]}](https://newsdoos.com/wp-content/uploads/2025/11/Lea_Michele_by_David_Shankbone-820x1024.jpg)
Pakistan in Talks with UAE to Transform $1 Billion Deposit into Direct Investment
ISLAMABAD – In a significant shift toward sustainable economic stability, Pakistan is negotiating with the United Arab Emirates to convert a $1 billion deposit into equity investments in Pakistani companies, Deputy Prime Minister Ishaq Dar announced on Saturday.
Photo Credit: Arab News
The development follows high-level talks during UAE President Sheikh Mohamed bin Zayed Al Nahyan’s visit to Islamabad. Dar confirmed that the UAE is set to acquire shares in Pakistani firms—including those linked to the Fauji Fertilizer Group—effectively ending Pakistan’s repayment obligation on this portion of funds.
“We are moving from short-term liabilities to long-term investment,” Dar stated during a year-end media briefing. “This conversion into equity means the liability will cease, and the UAE will hold stakes in Pakistani entities.”
The $1 billion deposit is part of a $3 billion financial support package extended by the UAE in recent years to bolster Pakistan’s foreign exchange reserves and help meet International Monetary Fund (IMF) conditions. The remaining $2 billion in UAE deposits are due for rollover in January, though Pakistan has expressed a preference for converting further debt into investment rather than seeking repeated extensions.
“During discussions with the UAE leadership, we emphasized that investment conversion is more sustainable than recurrent rollovers,” Dar added, noting the UAE’s openness to expanding its investment presence in Pakistan.
The proposed transaction, spearheaded by the Fauji Foundation Group, is expected to be finalized by March 31, 2024. It reflects Pakistan’s broader strategy to replace temporary external borrowing with foreign direct investment (FDI), thereby easing balance-of-payments pressures and reducing debt vulnerabilities.
Pakistan has historically relied on deposit rollovers from allies such as Saudi Arabia, China, and the UAE to manage external account challenges. Economists have long cautioned that while such measures offer immediate relief, they do not address structural economic weaknesses unless supplemented by durable capital inflows.
With this agreement, Pakistan aims to pivot toward longer-term financial stability, signaling a renewed focus on attracting investment rather than accumulating debt. The shift could strengthen investor confidence and support the country’s ongoing economic reform agenda.