Economic activity in the MENA region and Pakistan has been stronger than expected, projecting a growth of 3.2% in 2025, up from 2.1% in 2024, and higher than its April forecast.
IHC, an Abu Dhabi-based investment company, has announced that it has acquired a majority stake in the state-owned First Women Bank Limited (FWBL) based in Karachi, Pakistan, offering a comprehensive range of retail, SME services.