Arif Habib Group Set to Assume Management Control of PIA by Late April 2026
Federal government plans to transfer PIA management control to the Arif Habib Group consortium by end of April 2026 as part of a major privatization deal.
Federal Minister Mohsin Naqvi Unveils High Tech Business Passports and Manhattan Style Urban Projects to Lure Back Billions
Interior Minister Mohsin Naqvi proposes a specialized Business Passport and a Manhattan-inspired high-rise hub to restore economic trust and attract ten billion dollars in foreign capital.
Fauji Fertilizer (FFC) Outlook Stable Amid Strategic PIA Privatization and Thar Expansion
FFC management shares a stable outlook for 2026, driven by consistent urea prices, a 34% stake in the PIA privatization consortium, and the Thar Coal-to-Fertilizer project.
Pakistan Investment Landscape Transforms as 5G Auction and Aviation Privatization Drive Economic Momentum
Pakistan experiences a surge in investor confidence as the 5G spectrum auction and PIA privatization attract over $1.1 billion in combined domestic and global capital.
Fauji Fertilizer Joins Consortium for Pakistan International Airlines Acquisition as CCoP Grants Approval
The Cabinet Committee on Privatization approves Fauji Fertilizer Company as a key stakeholder in the Arif Habib-led consortium acquiring a majority stake in PIA.
PIA Privatization: Arif Habib Consortium Acquires 75% Stake; Fleet Expansion Planned
Arif Habib Group-led consortium acquires 75% stake in Pakistan International Airlines for Rs135 billion, plans to expand fleet to 64 aircraft and retain all employees for 12 months post-transaction.
Pakistan Completes Major SOE Privatization and Winding-Up Reforms in 2025
Pakistan has completed the privatization or winding-up of major state-owned enterprises including PIA, Utility Stores, PASSCO, and First Women Bank, marking progress in economic reforms.