According to the latest statement by the PIA, the deadline for privatization bids has been extended due to Ei-ul-Azha.
privatization
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Islamabad, 12 May, 2025: Pakistan’s mobile service providers collected over Rs84 billion in taxes from consumers during the first nine months of the current fiscal year. The Ministry of Finance confirmed …
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InvestmentTop Trending News
PC Invites EOIs For 51% To 100% Capital With Management Control Of PIA
by Umar Sohailby Umar SohailIslamabad: Privatization Commission has issued the advertisements for the sale of 51-100% shares with management control of Pakistan International Airlines Corporation Limited (PIACL). Privatization Commission gives further details of PIA …
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BusinessTop Trending News
1,203 Utility Stores Closed Under USC’s Restructuring, NA Panel Informed
by Umar Sohailby Umar SohailISLAMABAD: The National Assembly’s Standing Committee on Privatisation was informed on Wednesday that as part of the restructuring of the Utility Stores Corporation (USC), 1,203 stores have been closed, and 2,237 …
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ISLAMABAD: The Privatisation Commission has proposed adopting a One-Transaction Structure for the divestment of the Roosevelt Hotel in New York City, a senior official disclosed during a briefing to the …
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ISLAMABAD: Prime Minister Shehbaz Sharif has indicated that the new International Monetary Fund (IMF) program is likely to continue for three years, shedding light on the country’s economic trajectory. Speaking …
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A statement from the prime minister’s office outlined that the approved plan will bifurcate PIA into two companies: TopCo and HoldCo.
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ISLAMABAD: The federal government has opted to extend the bidding deadline for outsourcing the country’s three primary airports by an additional 60 days. In a meeting chaired by Foreign Minister …
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Latest Updates
PIA Faces Bifurcation and Privatization as SIFC Greenlights Restructuring Plan Ahead of Elections
by Hamza Irshadby Hamza IrshadWith just a few days remaining until the general elections, the Special Investment Facilitation Council (SIFC), operating under the caretaker government, has given the go-ahead for the division of Pakistan …
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Economy
Revival of Privatization in Pakistan: A Strategic Move by the Caretaker Government
by Hamza Irshadby Hamza IrshadPrivatization After a decade-long hiatus, privatization is making a comeback in Pakistan, with the caretaker government spearheading economic reforms and fiscal discipline over the last four months. With seven transactions …