LAHORE: The Lahore High Court on Tuesday issued an interim stay order restraining the federal government from privatizing Allama Iqbal International Airport Lahore till further orders. The court issued notices to the federal authorities,…
RIYADH: Arid Saudi Arabia could need more than $53 billion in water sector investment supported by private funds as demand grows, officials said on Sunday. The world's largest oil exporter, whose petroleum revenues fell 51 percent last…
ISLAMABAD: The International Monetary Fund is encouraged that Pakistan will convert its cash-strapped national airline into a limited company but said on Wednesday it will see if the reforms go far enough in restructuring the company.
ISLAMABAD: Finance Minister Ishaq Dar has vowed to withdraw administrative cases against the Pakistan International Airline (PIA) employees who were booked during a protest against government move to privatize the national flag carrier, ARY…
KARACHI: The joint action committee of Pakistan International Airlines (PIA) employees has announced to end its weeklong strike against possible privatization of the national flag carrier, ARY News reported.
GUJRANWALA: Minister for Commerce Khurram Dastgir Khan said that the federal government will privatize the state-institutions that are in losses in order to reduce the burden on national exchequer.