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Punjab Signs Tokenisation Agreement as UAE Sajwani/DAMAC Delegation Concludes High-Level Pakistan Meetings

Islamabad signals openness to collaboration under strict legal and governance safeguards.

Overview

  • Finance Minister Muhammad Aurangzeb met the Sajwani business delegation to discuss cooperation on tokenisation, AI, blockchain and digital infrastructure, with the visitors offering technical expertise and capacity building.
  • Punjab Chief Minister Maryam Nawaz invited DAMAC to explore investment and reviewed a proposal for a pilot tokenisation project in Nawaz Sharif IT City.
  • The Punjab government signed an agreement with Damac to accelerate tokenisation of government and commercial assets across the province.
  • IT Minister Shaza Fatima Khawaja briefed the delegation on Digital Pakistan priorities, including PropTech, outsourcing opportunities and initiatives advancing women's digital financial inclusion.
  • Officials emphasized compliance with national laws and governance standards as Pakistan develops a licensing regime for virtual asset service providers.