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Fauji Fertilizer joins Arif Habib consortium's SPV for PIA privatization
Apr 30, 2026
Apr 30, 2026

Experience of almost 33 years where started the journey of financial journalism from Business Recorder in 1992. From 2006 onwards attached with Television Media worked at Sun Tv, Dawn Tv, Geo Tv and Dunya Tv. During the period also worked as a stringer for Bloomberg for seven years and Dow Jones for five years. Also wrote articles for several highly acclaimed periodicals like the Newsline, Pakistan Gulf Economist and Money Matters (The News publications)
Business
Karachi University
Sun TV, Dawn News, Geo News, and Dunya News.
Pakistan is inviting investor bids next month for stakes in IESCO, GEPCO, FESCO and ZTBL as its privatization drive gains pace under IMF reform commitments
The Arif Habib-led consortium is set to complete its PIA takeover by end of April, adding the remaining 25% stake for PKR 45 billion to its existing 75% holding
SBP bought $4.87 billion from July-January, down 4.5% year-on-year
Pakistan has settled most of its FY26 external debt obligations, with $1.5 billion still due
LNG disruptions force shift to costlier fuel for power generation
