Wednesday, July 16, 2025
-Advertisement-

PIA Privatization: Government Plans Sale to Qatar or Abu Dhabi

- Advertisement -

The Pakistani government has launched a new plan for the privatization of Pakistan International Airlines (PIA), with the airline likely to be sold to either Qatar or Abu Dhabi under a government-to-government (G2G) agreement.

The government is now accepting expressions of interest, with applications due by November 30.

- Advertisement -

Following the cancellation of the Blue World Consortium’s bid, which had proposed 10 billion rupees to acquire PIA shares, the government has revised its approach, considering foreign government ownership as a solution.

Reports suggest that several pre-agreed conditions will be part of the sale to Qatar or Abu Dhabi.

- Advertisement -

Stay updated with the latest and breaking news directly on your mobile phone by joining Headline PK's WhatsApp group!

 

 

Latest stories

-Advertisement-

Highlights of the Week
Related

Events to check out this July in Dubai

Summer in Dubai isn’t just about beating the heat,...

inDrive Reports 57% Surge in Courier Partners in Pakistan Amid Push for Fair Earnings and Flexibility

inDrive, the global mobility and urban services platform, has...

Eighteen Welcomes You” Campaign: A Milestone in Modern Living

Eighteen, Pakistan’s premier luxury real estate development, proudly announces...
-Advertisement-
Join our Whatsapp Group for Exclusive News!
Join our Whatsapp Group for Exclusive News!