Topic

Roosevelt hotel

PC Board advances DISCOs’ sell-off, approves Roosevelt Hotel Adviser

Published 15 Apr, 2026 06:01am

ISLAMABAD: The Privatisation Commission (PC) Board has approved key recommendations for submission to the Cabinet...

PC advances DISCOs’ privatisation, approves Roosevelt Hotel adviser

Published 14 Apr, 2026 08:56pm

PC Board approves proposed transaction structure, pre-qualification criteria, and restructuring plans for three DISCOs

The SOEs

Published 24 Feb, 2026 03:50am

The Annual Report on federal State-Owned Enterprises (SOEs) has recently been released for 2024-25 by the Central...

Pakistan, US sign pact to redevelop New York’s Roosevelt Hotel

Updated 19 Feb, 2026 08:36pm

Objective remains to secure maximum value for property in alignment with govt's privatisation strategy, says Finance Division

Govt may divest PIA’s remaining 25% stake

Updated 02 Feb, 2026 08:49am

ISLAMABAD: Pakistan International Airlines’ privatisation process is entering its next phase, with officials...

PC board takes key decisions on major privatisation initiatives

Published 10 Jan, 2026 06:29am

ISLAMABAD: The Privatisation Commission (PC) Board, in its meeting held Friday under the chairmanship of Muhammad...

Privatisation Commission makes major decisions regarding HBFCL, Roosevelt Hotel and Islamabad airport

Updated 09 Jan, 2026 11:47pm

Wants to terminate sale of HBFCL stake; directs issuance of fresh expressions of interest for Roosevelt Hotel; suggests inclusion of Islamabad airport in privatisation programme

No outright sale of Roosevelt Hotel, says privatisation chief

Published 01 Jan, 2026 04:09pm

Hotel will be privatised through a joint-venture or redevelopment model, says Muhammad Ali

Senate panel raises concern over absence of global airlines in PIA privatisation

Published 30 Oct, 2025 08:50pm

National airline to be privatised by end of this year, committee informed

Pakistan mulls razing Roosevelt Hotel to built skyscraper

Updated 06 Oct, 2025 09:18am

NEW YORK: Pakistan is considering options for the PIA-owned Roosevelt Hotel in New York City, including razing the...

Citigroup, CBRE among bidders to advise Pakistan on Roosevelt Hotel redevelopment: report

Published 18 Sep, 2025 04:38pm

Pakistan has received bids from seven international consortia, including those led by Citigroup and CBRE, to act as...

24 SOEs to be privatised in 3 phases: minister

Updated 08 Aug, 2025 09:22am

ISLAMABAD: Federal Minister for Privatisation Abdul Aleem Khan said that the federal government has decided to...

JLL exits advisory role in Roosevelt Hotel sell-off

Published 25 Jul, 2025 05:59am

ISLAMABAD: The Privatisation Commission announces that Jones Lang LaSalle (JLL), a leading global real estate...

JLL steps down as advisor for Roosevelt Hotel transaction citing conflict of interest

Published 24 Jul, 2025 06:54pm

Jones Lang LaSalle (JLL), the global real estate advisory firm appointed to steer the privatisation of the Roosevelt...

Pakistan eyes $1bn valuation in Roosevelt Hotel redevelopment plan, source says

Updated 10 Jul, 2025 10:14pm

Roosevelt Hotel is seen as one of Pakistan’s most valuable foreign assets

Roosevelt Hotel privatization: No base price determined: PC

Updated 29 Jun, 2025 10:28pm

ISLAMABAD: The Privatisation Commission Saturday clarified that no base price has yet been determined for Roosevelt...

No price tag yet: govt denies $100mn valuation for Roosevelt Hotel

Published 28 Jun, 2025 03:33pm

The Privatisation Commission of Pakistan on Saturday clarified that no base price has yet been determined for the...

Govt exploring JV option to run Roosevelt Hotel: Asif

Published 13 May, 2025 06:15am

ISLAMABAD: Defence Minister Khawaja Asif told National Assembly on Monday that the government is exploring a joint...

Roosevelt Hotel privatisation: PC Board finalises suggestions for transaction structure

Published 19 Apr, 2025 06:53am

ISLAMABAD: The 233rd meeting of the Privatisation Commission Board concluded on Friday at the Privatisation...

Planned Roosevelt Hotel sell-off: Finally, CCoP forces itself to speed up process

Updated 12 Mar, 2025 03:04pm

Cabinet Committee on Privatisation reiterates government’s commitment to streamlining privatisation efforts to enhance economic viability and attract investment

NY City ending lease agreement with Roosevelt Hotel

Published 26 Feb, 2025 07:23am

NEW YORK: New York City is ending its $220 million lease agreement with the PIA-owned Roosevelt Hotel, which had ...

New York City closes PIA’s Roosevelt Hotel migrant shelter, ends $220mn lease agreement

Updated 25 Feb, 2025 08:56pm

In 2023, Roosevelt Hotel inked 3-year lease with New York City

CCoP reiterates ‘resolve to divest’ PIA shares, but adds G2G mode

Updated 15 Nov, 2024 10:29pm

Says will pursue its divestment through privatisation or government-to-government mode

PM holds trade, investment talks with Qatar’s emir, counterpart

Updated 01 Nov, 2024 09:21am

DOHA: Prime Minister Shehbaz Sharif on Thursday met Qatar’s Emir Sheikh Tamim bin Hamad Al Thani and his counterpart...

Roosevelt divestment: No FA appointment approval or decision from govt

Updated 24 Aug, 2024 04:31pm

ISLAMABAD: The Privatisation Commission (PC) Board neither approved appointment of any financial advisor nor took...

PIA, Discos, Roosevelt Hotel: PC Board gives approval to appointment of FAs

Updated 22 Aug, 2024 08:54am

ISLAMABAD: Privatisation Commission Board on Wednesday gave unanimous approval for appointment of financial advisors...

PIA, HBFCL, others: sell-off timeline issued

Updated 03 Jul, 2024 10:25am

Transactions expected to be finalised in the first quarter of the current fiscal year (2024-25)

In official statement, premier says govt should not be in business of doing business

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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