PIA has been sold for $482m to a consortium led by finance mogul Arif Habib. But the military gets a piece, too.

JI leader Hafiz Naeemur Rehman slammed PIA’s privatisation, calling it a “strategic asset” wrongly sold. He blamed decades of ...

Pakistan sells banks, hotels after PIA privatization amid $131B debt crisis. IMF demands Agenda-5 asset fire sale to avert collapse. Read to know more!

Pakistan is accelerating the privatisation of key state-owned enterprises, including banks, power utilities, hotels, and ...

Pakistan has finalized the privatization of Pakistan International Airlines, selling a 75% controlling stake to a private ...

ISLAMABAD -- A consortium led by a Pakistani investment firm acquired a 75% stake in state-run Pakistan International ...

Pakistan, which is surviving on international loans and dole, sold its flag-carrier Pakistan International Airlines (PIA) on ...

To attract more investors, the government reduced PIA's debt, removed sales tax on new aircraft, and offered protection from ...

Pakistan plans to sell a controlling stake in the national flag carrier, a long-struggling enterprise central to the ...

Pakistan International Airlines (PIA) is expected to be run by a new owner from April next year and receive fresh capital ...

Jamaat-i-Islami leader condemns Pakistan International Airlines' privatisation, calling it a critical mistake. He blames ...

PIA’s challenges are different from those Air India faced. The new consortium faces a challenge in turning around a carrier ...