From Karachi to Cayman Islands: The untold story of K-Electric
From its 2005 privatisation and Cayman Islands offshore structure to the rise and fall of Arif Naqvi's Abraaj Group, Shaheryar Chishty's AsiaPak entry, and why China's Shanghai Electric eventually walked away from a USD 1.77 billion mega-deal

Moiz Ur-Rehman
A multidisciplinary economist, legal thinker, and broadcast journalist with over five years of experience at the intersection of finance, policy, and media. I have academic grounding; in law, economics, and hospitality management, to accessible, high-impact storytelling for business audiences across Pakistan and beyond.
Pakistan desperately needs Foreign Direct Investment (FDI). So why do foreign investors keep running into regulatory hurdles and policy roadblocks?
In our latest video on Nukta Business, we trace the entire corporate saga of K-Electric (KE), from its 2005 privatisation and Cayman Islands offshore structure to the rise and fall of Arif Naqvi's Abraaj Group, Shaheryar Chishty's AsiaPak entry, and why China's Shanghai Electric eventually walked away from a USD 1.77 billion mega-deal.
We break down how mounting circular debt, delayed security clearances, and multi-billion-dollar international arbitrations derailed one of the largest corporate acquisitions in Pakistan's history.








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