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Privatization

Islamabad: Pakistan has initiated an international campaign to attract investors for the privatization of three major power distribution companies – IESCO, FESCO, and GEPCO. A....

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....

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,....

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,....

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....

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....