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.
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.
This post was last modified on November 13, 2024 6:46 pm
Russian President Vladimir Putin extends Eidul Fitr greetings to Muslims across the country. The festival…
Billy Idol Reflects on Past Behavior and Possible ADHD Diagnosis Billy Idol has been contemplating…
Israeli settlers sexually assaulted a Palestinian man during an attack in March, according to the…
Prime Minister Shehbaz Sharif rejected a proposal for increasing petrol and high-speed diesel (HSD) prices…
Mexico's President Claudia Sheinbaum condemned the deaths of three Mexican nationals detained by U.S. immigration…
Sindh CTD foils Karachi rail attack plot, arresting five members of an Indian-backed militant network…
This website uses cookies.
