The view outside the iconic Roosevelt Hotel. — The Roosevelt Hotel/GalleryMuhammad Ali says Rs125bn to be injected into PIA.Scribe Hotel in Paris not part of privatisation plans.Major airports to be auctioned later: PM’s adviser.Adviser to the Prime Minister on…
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Saudi Prince Mansour bin Saud to acquire majority stake in K-Electric
A view of the K-Electric head office in Karachi. — K-Electric website/File
Prince Mansour set to buy controlling shares in K-Electric.AsiaPak Investments confirms sale of 53.8% stake in KESP.KE ownership dispute nears end with Saudi acquisition deal.
PIA privatisation possible by November this year, Senate standing committee told
A Pakistan International Airlines’ aeroplane can be seen in this undated image. —APP/File
Four firms join race and two fail to meet standards. Senate panel reviews progress on PIA, DISCOs, GENCOs, PMDC.Senators raise concern over PIA debt and energy supply.
PAC grills FBR, industry ministry over sugar crisis
PAC Chairman Junaid Akbar chairs the committee meeting at the Parliament House in Islamabad, on February 19, 2025. — OnlineFBR asked why SRO granted sudden tax relief.1.3 million tonnes sugar surplus, committee told.Exported sugar earned over $400 million forex.