Privatisation Commission clears Fauji Fertiliser Company inclusion in Arif Habib-led consortium for full PIA takeover
Privatisation Commission board endorses Fauji Fertiliser Company’s inclusion in the Arif Habib-led consortium that bid Rs135 billion for 75 percent of PIA, paving the way for acquisition of the remaining 25 percent stake.
PSO Faces Rs30 Billion Receivable Challenge as PIA Islamabad Property Transfer Remains Pending
Pakistan State Oil continues to await transfer of PIA’s Islamabad real estate worth Rs15 billion to settle outstanding dues of Rs30 billion, highlighting unresolved issues post-privatisation.
Fauji Fertilizer Becomes Part of Winning Consortium for PIA Privatisation
Fauji Fertilizer Company Limited has joined the Arif Habib-led consortium declared the highest-ranked bidder for the privatisation of Pakistan International Airlines, according to a PSX filing.
Pakistan Airlines Privatisation: Arif Habib Consortium Secures Rs135 Billion Bid
The Arif Habib consortium wins the Rs135 billion bid for Pakistan International Airlines, marking the country’s first major privatisation in nearly 20 years and promising fleet expansion, investment, and operational turnaround.
PIA Privatisation: Arif Habib, Lucky Cement, and Air Blue Submit Bids in Televised Auction
Pakistan International Airlines (PIA) receives three bids in its second televised privatisation attempt, with Arif Habib-led consortium offering Rs115 billion, Lucky Cement consortium Rs101.5 billion, and Air Blue Rs26.5 billion.
Pakistan Nears $1.2 Billion IMF Payout as Finance Minister Aurangzeb Anticipates Staff-Level Agreement
Pakistan is expected to finalize a staff-level agreement with the IMF this week, paving the way for a $1.2 billion payout under its ongoing loan programme. Finance Minister Muhammad Aurangzeb leads negotiations aimed at economic stabilization, privatisation, and financing strategies.
Hub Power Unveils Major Energy Expansion with New Oil Terminal, EV Charging Network and Industrial Projects
Hub Power Company has announced an ambitious plan to build a new oil terminal, expand into offshore energy exploration, and roll out Pakistan’s largest EV charging network. The company is diversifying across energy, infrastructure, and electric mobility to address the country’s growing energy and transportation needs.