Islamabad: Cabinet Committee on Inter-Governmental Commercial Transactions has approved the reference price of First Women Bank Limited, marking a milestone towards facilitating UAE investment in Pakistan’s banking sector. The approval was granted at a meeting of the committee chaired by Deputy Prime Minister and Foreign Minister Ishaq Dar in Islamabad on Friday.

According to Radio Pakistan, the Committee reviewed the ongoing initiatives related to the privatization of state-owned entities. Discussions focused on finalizing government-to-government arrangements to ensure smooth transfer of assets, enhance efficiency, and promote private sector participation in line with economic reforms.