Islamabad: Pakistan has initiated an international campaign to attract investors for the privatization of three major power distribution companies – IESCO, FESCO, and GEPCO. A government delegation is visiting Türkiye,
Islamabad: Pakistan is set to transfer Pakistan International Airlines (PIA) to its new owners by the end of June after completing final legal and procedural steps. Privatization Adviser Muhammad Ali
Islamabad: The federal government has approved a major restructuring and privatization plan for several state-owned entities, including Pakistan Mineral Development Corporation (PMDC), Saindak Metals Company, and ENAR Petrotech Services in
Islamabad: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar chaired a meeting of the Steering Committee overseeing the privatization of DISCOs, including IESCO, FESCO, and GEPCO under Batch-I.
Pakistan International Airlines (PIA) has transferred 12 high-value assets, including properties in the US, Netherlands, India, and within Pakistan, to new owners as part of its privatization and restructuring process.
Karachi: Arif Habib Group is reportedly exploring a Rs180 billion acquisition plan to gain full control of Pakistan International Airlines, signaling rising private-sector interest in reviving the loss-making national carrier.
