Karachi: Following the acquisition of the Roosevelt Hotel in the United States, Pakistan International Airlines (PIA) has planned the privatization of the Scraib Hotel in Paris. The current estimated value of the Scraib Hotel Paris is around 200 million dollars. According to the details, the ...

The summoning of a crucial meeting in Dubai by the Civil Aviation Authority (CAA) to deliberate on matters concerning the outsourcing of Islamabad airport has been highlighted by ARY News. Scheduled for September 26, this meeting, initiated by the CAA administration, has extended invitations ...

          ISLAMABAD-Minister for Aviation Ghulam Sarwar Khan on Friday said Pakistan International Airlines (PIA) would not be privatized but to be structured for making it profit oriented organization.In response to a  Calling Attention Notice ...

Minister for Industries and Production Hamad Azhar has said the government has decided to privatize Pakistan Steel Mills in order to revive and steer it out of losses. Addressing a news conference in Islamabad today, he said fifteen parties have shown their interest in Pakistan Steel ...

Senate was informed that government has no plan of privatization of Pakistan International Airlines and an improvement plan is being prepared to make the national carrier stand on its feet.  Responding to a question during Question Hour at the Upper House of Parliament today, Federal Minister ...

*ISLAMABAD: **Pakistan Steels Mills is likely to be privatized to Chinese and Russian firms, Sources have revealed.* *The government has been in talks with five to six parties for privatization of Pakistan Steel, Secretary Privatization on Wednesday told the National Assembly’s standing ...

Minister for Finance Asad Omer says national institutions will be developed by bringing the experienced and professionals to turn them into a profitable entity for the nation. Talking to a private news channel, he said the government is not intending to privatize the state owned enterprises ...

ISLAMABAD: Finance Minister Miftah Ismail says the government has given relief to masses by reducing taxes on agriculture products, besides increasing pensions and house rent of employees.          Talking to a private news channel, he said without promoting agriculture ...

ISLAMABAD (APP): Minister of State and Chairman Privatization Commission, Muhammad Zubair has said the government had privatized five State Owned Entities (SOEs) worth of Rs.170 billion during its current regime."Habib Bank Ltd, United Bank Ltd, Allied Bank Ltd, National Power Construction Company ...

ISLAMABAD (APP): Minister of State for Information Technology Anusha Rehman Khan on Tuesday informed the Senate that the government was in the process to privatize Telephone Industries of Pakistan (TIP) and warned that strict action would be taken against corrupt mafia.Responding to a Calling ...