Etisalat, a leading telecommunications company based in the UAE, is currently assessing its involvement in Pakistan Telecommunication Company Ltd (PTCL) as part of a broader portfolio optimization strategy amid global economic uncertainties and regional geopolitical tensions. According to a report by Dawn, this evaluation is still in preliminary stages, with no definitive decision made yet. Insiders have indicated that the review is part of a larger trend among Gulf investors, not exclusively focused on Pakistan. PTCL, which is strategically important for Pakistan, has faced financial challenges in recent years but recently returned to profitability following its acquisition of Telenor Pakistan. Despite this, the company remains unaware of any impending changes from shareholders. Notably, Etisalat's acquisition of PTCL in 2005 for $2.6 billion has been marred by disputes over unpaid dues, with $800 million still owed due to unresolved issues regarding property transfers.