FNEL Unveils FNE Developments for Real Estate Expansion

First National Equities Limited (FNEL) has proclaimed the kickoff of operations for its fully owned subsidiary, FNE Developments (Private) Limited, a bold foray into Pakistan’s infrastructure and real estate development sectors, as detailed in a filing at the Pakistan Stock Exchange (PSX) on Friday.

This subsidiary, engineered to helm large-scale projects, seeks to forge alliances with public and private sector stakeholders to generate substantial value in one of Pakistan’s largest and fastest-growing industries.

The inception of FNE Developments will broaden FNEL’s business portfolio, unleashing fresh growth opportunities and cementing the company’s stature as a pivotal force in the real estate and infrastructure development sectors.

This expansion dovetails seamlessly with FNEL’s long-term strategy to forge value and propel Pakistan’s economic growth.