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Business

Web Desk
Oct 02, 2024

Privatisation of PIA, Discos to be completed before 2024 end: Aurangzeb

Aurangzeb announced that the government aims to complete the privatisation of Pakistan International Airlines (PIA) by the end of this year.

Business

Web Desk
Aug 30, 2024

Pakistan races to finalise PIA privatisation by October 1 as deficit soars

The privatisation of Pakistan International Airlines (PIA) is set to conclude by October 1, according to an official briefing to the Senate Standing Committee on Privatisation on Thursday.

Business

Web Desk
Jun 27, 2024

NHA and power sector lead list of loss-making SOEs in Pakistan

The National Highway Authority (NHA) and the power sector have emerged as the top loss-making entities in Pakistan.

Pakistan

Zahid Gishkori
Sep 08, 2023

Losses of eight state-owned entities surges to Rs2,201billion

The combined financial losses incurred by eight government entities that operate at a deficit have surged, reaching a staggering Rs2,201 billion. Among these entities are prominent names like Pakistan Steel Mills, Pakistan International Airlines (PIA), and the Pakistan Railways (PR).