Pakistan Sells First Women Bank to UAE-Based IHC for $14.6 Million Under G2G Deal
Pakistan has sold its entire stake in First Women Bank Limited to UAE-based International Holding Company for $14.6 million, marking the first privatisation under the Shehbaz Sharif government. The deal, executed under the IGCT framework, gives the buyer strategic access to the banking sector with plans for rapid expansion.
Pakistan Greenlights UAE-Backed Bid for First Women Bank Limited Privatization, Boosting Foreign Investment Confidence
Pakistan has approved a UAE-backed bid for the privatization of First Women Bank Limited, marking a major step in its economic reform and privatization agenda to attract foreign investment and strengthen investor confidence.