Despite the expected price of Rs 85 billion, PIA attracts a bid of only Rs 10 billion from the sole bidder – Trendy Blogger

Despite the expected price of Rs 85 billion, PIA attracts a bid of only Rs 10 billion from the sole bidder

 – Trendy Blogger

The final bidding process for the privatization of Pakistan International Airlines (PIA) took place at a local hotel in Islamabad, on October 31, 2024. — Screengrab via YouTube/Geo News ISLAMABAD: Pakistan International Airlines (PIA) has attracted Rs10 billion from the sole bidder for a stake in the national carrier for the expected minimum price of … Read more

Refinery costs are expected to rise as the government bans tax adjustments – Trendy Blogger

Refinery costs are expected to rise as the government bans tax adjustments

 – Trendy Blogger

The government prohibited oil refineries from adjusting input taxes on crude oil purchases against sales tax on refined petroleum products, including gasoline and diesel. The change, introduced through the Finance Act 2024, has raised concern across the refining industry, as it threatens to increase operating costs and disrupt refinery upgrade projects. According to Pakistan Refinery … Read more

The price of gasoline is expected to fall further in the November fortnightly review – Trendy Blogger

The price of gasoline is expected to fall further in the November fortnightly review

 – Trendy Blogger

Motorcyclists wait for their turn to fill fuel in their bikes at a petrol pump on May 16, 2024. – App ISLAMABAD: Prices of petroleum products in Pakistan may see a decline of up to Rs 3.50 per liter from November 1 in the next two weeks, sources said. Geographic News. According to sources, a … Read more

US President Biden is expected to visit Germany on October 18 Trendy Blogger

US President Biden is expected to visit Germany on October 18

 Trendy Blogger

U.S. President Joe Biden delivers remarks during a visit to the United Association Local 190 Training Center in Ann Arbor, Michigan, U.S., September 6, 2024. REUTERS US President Joe Biden is expected to visit Germany next week, a government source said on Sunday, after an initially planned trip was canceled due to Hurricane Milton. “He … Read more

Memorandums of understanding worth $2 billion are expected to be signed with the arrival of a high-level Saudi delegation in Pakistan – Trendy Blogger

Memorandums of understanding worth  billion are expected to be signed with the arrival of a high-level Saudi delegation in Pakistan

 – Trendy Blogger

Petroleum Minister Musaddiq Malik receives a Saudi delegation upon its arrival in Islamabad on October 9, 2024. – Screengrab via Geo News A Saudi minister delivers a speech before the Business Forum during the visit Agreements and memorandums of understanding to be signed in various fields. Companies from various sectors are part of the delegation. … Read more