{"id":88996,"date":"2025-10-22T12:04:45","date_gmt":"2025-10-22T07:04:45","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=88996"},"modified":"2025-10-22T12:04:45","modified_gmt":"2025-10-22T07:04:45","slug":"leading-middle-eastern-company-makes-historic-investment-in-pakistan","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/leading-middle-eastern-company-makes-historic-investment-in-pakistan\/","title":{"rendered":"Leading Middle Eastern Company Makes Historic Investment in Pakistan"},"content":{"rendered":"<p>ISLAMABAD: Pakistan\u2019s historic privatization has been hailed as a sign of restoring global confidence.<\/p>\n<p>A leading Middle Eastern company, with the support of <a href=\"https:\/\/dailyausaf.com\/en\/business\/minerals-complex-established-with-facilitation-by-sifc-for-stable-economy\/\">SIFC<\/a>, has made a historic investment in Pakistan\u2019s financial sector. The UAE\u2019s International Holding Company (IHC) has completed the privatization of First Women Bank for $5 billion.<\/p>\n<p>IHC oversees more than 1,300 subsidiaries with a market value of $240 billion. IHC\u2019s main plan is to transform the bank into a modern, artificial intelligence-based digital commercial bank.<\/p>\n<p>The company\u2019s priority projects include promoting digitalization and world-class systems in Pakistan. IHC\u2019s subsidiary International Resources Holding is also active in mining and energy projects in Pakistan.<\/p>\n<p>IHC has expressed its commitment to further invest billions of rupees in Pakistan\u2019s financial and other sectors. This milestone in privatization in Pakistan is a clear evidence of the growing confidence in Pakistan in global markets.<\/p>\n<p>The IMF&#8217;s positive assessment and improvement in global ratings have given a new dimension to Pakistan&#8217;s reform process. SIFC plays a key role in Pakistan&#8217;s economic and reform successes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Pakistan\u2019s historic privatization has been hailed as a sign of restoring global confidence. A leading Middle Eastern company, with the support of SIFC, has made a historic investment in Pakistan\u2019s financial sector. The UAE\u2019s International Holding Company (IHC) has completed the privatization of First Women Bank for $5 billion. IHC oversees more than 1,300 [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":40017,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2],"tags":[9522,31821],"class_list":["post-88996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-pakistan","tag-sifc","tag-uaes-international-holding-company"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/88996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=88996"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/88996\/revisions"}],"predecessor-version":[{"id":88997,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/88996\/revisions\/88997"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/40017"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=88996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=88996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=88996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}