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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.

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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.

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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.

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).