NA panel briefed about PIA sell-off progress ISLAMABAD: Pakistan International Airlines (PIA), burdened by Rs200 billion in debts and owning Rs145 billion in... Updated 23 Jul, 2024 09:40am
Business & Finance PIA privatisation: final bidding delayed till October 1 KARACHI: The privatisation process of state-owned Pakistan International Airlines (PIA) has been delayed as majority... Updated 23 Jul, 2024 09:16am
Pakistan PIA bidding process to take place in first week of August The bidding process for the privatisation of Pakistan International Airlines (PIA) will be held in the first week of... Updated 25 Jun, 2024 11:00pm
Business & Finance PIA sell-off: 6 companies/consortiums pre-qualified for privatisation process Air Blue, Arif Habib Corporation, Blue World City, Fly Jinnah, Pak Ethanol Consortium, and YB Holdings Consortium included in the list Updated 03 Jun, 2024 10:58pm
Opinion Privatisation of SOEs: a focus on PIA Pakistan’s economy is confronting numerous challenges like fiscal deficits, low savings, limited investment, low... Updated 23 May, 2024 05:55am
Print Bidding process for PIA to be aired live: Aleem Says everyone has contributed to PIA's destruction, no option left but to privatise it Updated 23 May, 2024 11:01am
Business & Finance PIA privatisation: Fly Jinnah, Air Blue among 8 entities that submit Statement of Qualifications The Ministry of Privatisation said that it has received Statement of Qualifications from eight entities after the... Published 17 May, 2024 07:22pm
Pakistan PIA privatisation: deadline for EoI submission not expected to be extended further The deadline for companies to express their interest in buying national carrier Pakistan International Airlines... Updated 16 May, 2024 10:43pm
Pakistan Barring ‘strategic entities’, Pakistan to pursue privatisation of all SOEs: PM Shehbaz In official statement, premier says govt should not be in business of doing business Updated 14 May, 2024 09:21pm
Business & Finance CAA says news of resumption of flights to Europe premature Says delegation left for Brussels on May 12 to attend forthcoming meeting of Air Safety Committee Updated 13 May, 2024 09:14pm
Business & Finance PIA’s privatisation: Call for utilisation of Turkish expertise PESHAWAR: Prominent Businessman and Honorary Consul General of the Republic of Turkey, Salim Saifullah Khan has... Published 13 May, 2024 06:08am
Pakistan PSO proposes swapping debt for stake in public sector companies Everything will be done through competitive bidding and we will participate and if we win, the stakes will be offset against PSO’s receivables, says CEO Syed Muhammad Taha Updated 09 May, 2024 10:28pm
Business & Finance Majority stake in PIA: not yet bidders, clarifies Arif Habib Corp in PSX notice Arif Habib Corporation Limited (AHCL), one of Pakistan’s leading business groups, clarified that submitting an... Updated 09 May, 2024 09:19pm
Markets Aurangzeb hopes PIA privatisation is finalised by July Finance minister says IMF mission expected to arrive in Pakistan in the next seven to ten days Updated 06 May, 2024 09:49pm
Markets Buying spree returns as KSE-100 closes near 72,000 with 1,244-point gain Benchmark index gains 1.76% amid developments on privatisation front Updated 03 May, 2024 10:46pm
Print PIA sell-off: EoIs submission deadline extended ISLAMABAD: Federal Minister for Privatisation, Abdul Aleem Khan has announced that the government extended the... Updated 03 May, 2024 07:19am
Opinion PIA privatisation As Pakistan International Airlines Corporation (PIA) faces the prospect of privatization, it is imperative to... Published 28 Apr, 2024 02:56am
Print Transparency in PIA privatisation stressed: Validity of Afghan refugees’ POR cards extended ISLAMABAD: The federal cabinet has approved the extension in validity of proof of registration (POR) cards of Afghan... Updated 27 Apr, 2024 02:34pm
Business & Finance EOIs sought for PIACL divestment ISLAMABAD: The Privatisation Commission on Tuesday invited expressions of interest (EOIs) for divestment of Pakistan... Published 03 Apr, 2024 05:29am
Print No CCoP meeting under Dar’s chairmanship held so far ISLAMABAD: Since the appointment of Ishaq Dar as Chairman of the Cabinet Committee on Privatisation (CCoP) on 22nd... Updated 28 Mar, 2024 08:46am
Print PIA privatisation: ‘scheme of arrangement’ endorsed KARACHI: The board of the newly established PIA Holding Company has endorsed the Scheme of Arrangement delineating... Updated 28 Mar, 2024 09:39am
Print PIA sell-off now in sight as BoD takes major step ISLAMABAD: The Board of Directors of Pakistan International Airlines Corporation Limited (PIACL) has taken a... Updated 27 Mar, 2024 09:39am
Business & Finance Board gives nod to PIA privatisation plan The Board of Directors (BoD) of Pakistan International Airlines (PIA) has approved the privatisation and... Updated 26 Mar, 2024 09:48pm
Print Formation of PIAHC approved: Cabinet told initial talks on ‘new programme’ already held with IMF ISLAMABAD: The federal cabinet has approved the formation of Pakistan International Airlines Holding Company which... Updated 21 Mar, 2024 08:44am
Business & Finance Senior PIA official confident EASA will lift ban this year A senior official at Pakistan International Airlines (PIA) is hopeful that flights to Europe and the UK will resume... Updated 19 Mar, 2024 09:48am
Pakistan PM Shehbaz orders privatisation process to be expedited Urges immediate action to strengthen the entities in charge of privatisation's capacity-building Updated 07 Mar, 2024 09:20pm
Print PIA privatisation: PM seeks ‘final’ schedule ISLAMABAD: Prime Minister Shehbaz Sharif has sought final schedule for the implementation of the privatisation of... Updated 07 Mar, 2024 09:16am
Pakistan Privatisation of SOEs: caretaker PM Kakar says ‘tangible results’ expected by mid-January Pakistan International Airlines (PIA) on priority in sell-off list Interim prime minister also dismisses notion that people leaving Pakistan sign of failure Updated 24 Nov, 2023 10:03pm
Print Evaluation of PIA assets: PC Board approves Earnest and Young-led consortium as FA ISLAMABAD: Privatisation Commission’s Board has approved Earnest and Young-led consortium as financial advisor (FA)... Updated 11 Nov, 2023 09:34am
Print PIA sell-off: Minister holds meeting with potential FAs ISLAMABAD: The Minister for Privatisation held a meeting with potential financial advisors of the PIACL transaction... Updated 31 Oct, 2023 09:57am
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost
Following $600mn Ambani wedding, India has set the stage for its next growth phase, Pakistan is still lost