UAE Firm Completes Rs4.1 Billion Acquisition of First Women Bank

By Manik Aftab ⏐ 1 month ago ⏐ Newspaper Icon Newspaper Icon 2 min read

UAE’s International Holding Company (IHC) has completed the Rs4.1 billion acquisition of First Women Bank, marking a major step in Pakistan’s privatization drive. The deal,…

Cabinet Approves Sale of First Women Bank to UAE Investor

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

The federal cabinet has approved the sale of First Women Bank to a UAE investor for $14.6 million (Rs4.1 billion), marking the first privatization under…

Cabinet Committee Questions Sale of First Women Bank to UAE Firm

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) has raised questions over the proposed sale of First Women Bank Limited (FWBL) to a UAE-based company,…

Govt Moves Forward with First Women Bank Limited Privatisation

By Manik Aftab ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The federal government has taken another key step in the First Women Bank Limited privatisation process as the Privatisation Commission (PC) Board recommended a reference…

Pakistan Set to Finalise FWBL Privatisation Deal with UAE

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: Pakistan is poised to conclude the FWBL privatisation process next month, transferring an 82.64% stake in First Women Bank Limited to the United Arab…

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