Chairman of Privatisation Commission, Muhammad Ali, has just shared a major update on the sale of PIA. The bidding process is ...
ISLAMABAD -- A consortium led by a Pakistani investment firm acquired a 75% stake in state-run Pakistan International ...
According to official statements, the decision was unavoidable because PIA has continued to suffer heavy financial losses and ...
Pakistan International Airlines (PIA) is expected to be run by a new owner from April next year and receive fresh capital ...
JI leader Hafiz Naeemur Rehman slammed PIA’s privatisation, calling it a “strategic asset” wrongly sold. He blamed decades of ...
A consortium headed by the Arif Habib Corporation emerged as the top bidder for a 75% stake in Pakistan International ...
PIA’s challenges are different from those Air India faced. The new consortium faces a challenge in turning around a carrier ...
Selling off national institutions because the government failed to run them is a matter of shame,” says (JI) chief Hafiz ...
Pakistan sells its flag carrier to Arif Habib Group after the latter submitted the highest bid of US$482 million.
The consortium of Arif Habib, Fawad Ahmed Mukhtar, Gohar Ejaz and Aqeel Karim Dhedhi - Pakistan's renowned businesspersons, placed the highest bid of Rs135 billion for the 75% shares in the 13th round ...
Chairman Privatization Commission Muhammad Ali says PIA’s privatization could attract bids exceeding Rs100 billion amid ...
Fauji Fertilizer Group’s entry into the consortium acquiring Pakistan International Airlines (PIA) is a positive development ...