privatization

The privatization committee recommends the sale of mono -advanced to the Roosevelt Hotel – Trendy Blogger

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The privatization committee recommends the sale of mono -advanced to the Roosevelt Hotel – Trendy Blogger

The Privatization Committee recommended a single transportation structure for the sale of the Roosevelt Hotel in New York City, and a senior official informed the Senate Senate. During the committee meeting, the Minister of Privatization, Othman, chosen Bajwa, revealed that a new committee has been formed to involve investors to privatize the upcoming Pakistani International … Read more

The government reveals the reforms of the overwhelming energy sector, privatization plans and reducing customs tariffs – Trendy Blogger

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The government reveals the reforms of the overwhelming energy sector, privatization plans and reducing customs tariffs – Trendy Blogger

Federal Energy Minister Sardar Owais Ahmed Khan Legari announced on Friday comprehensive reforms in the energy sector in Pakistan, including the privatization of the main assets, the restructuring of the purchase of electricity, and a long -term strategy to reduce electricity prices. In his speech to a press conference in Islamabad, Legari stated that the … Read more

USC to close 1700 outlets, thousands of thousands of delay privatization – Trendy Blogger

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USC to close 1700 outlets, thousands of thousands of delay privatization – Trendy Blogger

The Senate Standing Committee on Industries and Production has been informed that Stores Stores (USC) is preparing to close 1700 outlets and reduce its power operating by more than 11,000 employees as part of the long privatization process. The state-run retail chain is burdened by the obligations of 14 billion rupees, while the value of … Read more

The body of the cabinet directs rapid tracking to the privatization of the Roosevelt Hotel – Trendy Blogger

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The body of the cabinet directs rapid tracking to the privatization of the Roosevelt Hotel – Trendy Blogger

The Cabinet Committee has directed CCOP powers to accelerate the privatization process for the Roosevelt Hotel in New York, a property owned by Pakistani International Airlines (PIA). The decision was taken during a CCOP meeting on Tuesday, headed by Deputy Prime Minister and Minister of Foreign Affairs, Isaac Dar, to review the progress of continuous … Read more

Musk proposes the privatization of the American postal service and the national railway service – Trendy Blogger

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Musk proposes the privatization of the American postal service and the national railway service – Trendy Blogger

Elon Musk, billionaire businessman who advises President Donald Trump, suggested plans to reduce the size of the US government, the privatization of both USPS and Emsrak, the National Railway Service for American Passengers. Speaking at the Morgan Stanley Conference, Musk has argued that any government service that can be privatized must be, to name the … Read more

The Energy Department is a committee of six members to oversee the privatization of Fesco, Gepco and IESCO – Trendy Blogger

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The Energy Department is a committee of six members to oversee the privatization of Fesco, Gepco and IESCO – Trendy Blogger

IslamabadThe Energy Department formed a committee of six members to coordinate the continuous privatization process of Islamabad Electrical Company (IESCO), FAISALABAD Electric Supply (FESCO), and Gujranwala Electrical Company (GEPCO). According to an official notification from the Energy Division, Mohamed Khaled Khan, Joint Secretary (CAD), Energy Department, was appointed as the committee organizer. Among the other … Read more

PIA expands its fleet; It is looking to revive European operations amid privatization efforts – Trendy Blogger

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PIA expands its fleet; It is looking to revive European operations amid privatization efforts – Trendy Blogger

Pakistan International Airlines (PIA) has made major strides towards operational and financial recovery with the addition of the 11th Airbus A320, registered as AP-BOM, to its fleet. The refurbished aircraft, equipped with new engines, promises to enhance PIA’s network and quality of service, the airline’s spokesperson confirmed in a statement. The Airbus 320 has undergone … Read more

The government is looking to increase the value of the privatization of PIA after the ban on EASA is lifted – Trendy Blogger

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The government is looking to increase the value of the privatization of PIA after the ban on EASA is lifted – Trendy Blogger

SIALKOT: Aviation Minister Khawaja Asif has welcomed the decision of the European Commission and European Aviation Safety Agency (EASA) to lift the suspension on Pakistan International Airlines (PIA), stating that the move will enhance the value of the struggling national carrier. “This is an important development for PIA’s upcoming privatization efforts. It will add significant … Read more

Privatization of the Pakistan Investment Authority is a government-to-government option since traditional bids fail – Trendy Blogger

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Privatization of the Pakistan Investment Authority is a government-to-government option since traditional bids fail – Trendy Blogger

The Ministerial Committee on Privatization (CCoP) on Thursday reaffirmed its commitment to divestment of Pakistan International Airlines (PIA) while mentioning the government-to-government (G2G) option for the first time. The shift comes after the committee rejected a Rs10 billion bid from the Blue World City consortium, which did not meet the minimum target of Rs85 billion … Read more

There is only one bidder left as the PIA privatization auction date approaches – Trendy Blogger

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There is only one bidder left as the PIA privatization auction date approaches – Trendy Blogger

A Pakistan International Airlines (PIA) plane prepares to take off at Allama Iqbal International Airport in Lahore. – Reuters/File There is only one day left until the deadline for submitting privatization bids for PIA. Concerns loom over potential delays in the PIA sale. The privatization of the General Investment Authority is a priority within the … Read more