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Pakistan govt entities post net loss of PKR 123B in FY25
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Pakistan govt entities post net loss of PKR 123B in FY25

Overall SOEs profit fell 13% to PKR 709.9 billion, compared with PKR 820.7 billion a year earlier

Pakistan's Arif Habib Group buys PIA for PKR 135 billion
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Pakistan's Arif Habib Group buys PIA for PKR 135 billion

It emerged victorious in a neck-to-neck bidding war with a consortium led by Lucky Cement

AKD group joins hands with Arif Habib as potential buyers of PIA
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AKD group joins hands with Arif Habib as potential buyers of PIA

Privatization Commission approves the inclusion of AKD Group Holdings to the consortium already cleared for the bidding

PIA cleared to resume direct flights to UK after 5-year ban
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PIA cleared to resume direct flights to UK after 5-year ban

National carrier wins UK approval and five-year security certification as it eyes privatization and a return to key international routes

Govt to finalize Pakistan International Airlines' privatization in coming months
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Govt to finalize Pakistan International Airlines' privatization in coming months

Expressions of interest for the iconic Roosevelt Hotel in New York will be invited in August

Pakistan advances PIA privatization, approves Roosevelt Hotel joint venture plan
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Pakistan advances PIA privatization, approves Roosevelt Hotel joint venture plan

Four bidders prequalified for PIA sale as Pakistan eyes reforms; Roosevelt Hotel to follow joint venture model

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