Tue, 21-Oct-2025

Pakistan, UAE sign deal for privatization of First Women Bank under G2G framework

  Under the G2G (government-to-government) framework, the United Arab Emirates’ International Holding Company (IHC) and the Government of Pakistan have signed an agreement for the privatization of the First Women Bank Limited (FWBL). According to the agreement, 82.64% of the bank’s shares will be sold for $14.6 million. The signing ceremony was attended by Prime … Read more

Pakistan plans to sell First Women Bank to UAE govt

Pakistan plans to sell First Women Bank to UAE govt

The federal government of Pakistan on Wednesday decided to sell First Woman Bank Limited to the UAE government. As per details, the 82 percent shares will be sold on government-to-government level after getting a green signal from the UAE government. Following the sale, the State Bank of Pakistan will issue a new license to First … Read more