PIA Privatization Deal Signed with Arif Habib Consortium
The privatization of Pakistan International Airlines concluded with the signing of transaction documents between the federal government and the Arif Habib Consortium in Islamabad.
Category : Corporate News
Pakistan Breakfast at Davos 2026 Highlights Economic Reforms
The Pathfinder Group's flagship Pakistan Breakfast at Davos 2026 brought together global leaders, with PM Shehbaz Sharif and Finance Minister Aurangzeb outlining economic reforms and investment opportunities.
Pakistani Auto Sales Drop 32% in FY25, PAMA Reports
Pakistan's auto industry faces a severe 32% sales decline in FY25. Motorbikes and three-wheelers lead the downturn. Explore the PAMA data and what it means for the economy.
CCP Approves Toyota-Daimler Commercial Vehicle Restructuring
Pakistan's Competition Commission approves the restructuring of Indus Motor Company and Master Motors, paving the way for new Toyota and Mercedes-Benz commercial vehicles. Discover the impact on the auto sector.
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PIA Starts Air-to-Rail Facility for Canada, UK Passengers
Pakistan International Airlines launches a new air-to-rail facility for passengers traveling to Canada and the UK, offering seamless connectivity from major Pakistani cities to final destinations.
IESCO, PMC Clarify Rs1 Billion Rent Default News
Islamabad Electric Supply Company and Pakistan Medical Commission refute reports of a Rs1 billion rent default. Official statements clarify the payment status and legal standing.
SECP Reforms Fuel 33% Jump in New Business Registrations
SECP's landmark reforms have triggered a 33% surge in company registrations, enhancing Pakistan's business transparency and ease of doing business. Discover the key changes.
State-Owned Enterprises Post Rs122.9 Billion Net Loss in FY25
Pakistan's state-owned enterprises suffered a massive Rs 122.9 billion net loss in FY25. The Cabinet Committee on SOEs reviews performance, highlighting PIA and Pakistan Steel Mills as major contributors to the financial crisis.
UAE Hosts 1.4 Million Active Companies, Reveals Minister
UAE's economy surges with 1.4 million active companies, a 13% annual growth. Minister Bin Touq highlights the nation's robust business environment and strategic vision for future economic diversification.
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Warner Bros Rejects Paramount's $1.08B Takeover Bid
Warner Bros Discovery has turned down a revised $1.08 billion offer from Paramount Global, opting to continue its lucrative licensing partnership with Netflix instead. Get the full details on this major media industry decision.
PIA Loses Rs 77 Billion Due to Aircraft Grounding Crisis
Pakistan International Airlines faces a staggering Rs 77 billion loss from grounded aircraft, shrinking its operational fleet to just 19 planes. The crisis deepens as financial woes mount.
Warner Bros. Rejects Paramount's $108.4B Offer
Warner Bros. Discovery's board unanimously rejected Paramount Skydance's $108.4 billion offer, calling it inadequate. They urge shareholders to support the existing Netflix merger for better value and certainty.
FBR Seals Safina Sugar Mills Chutes Over Tax Violations
FBR seals two chutes at Safina Sugar Mills for failing to install mandatory digital cameras. Action underscores zero-tolerance policy on tax evasion in sugar sector. Read details.
SAFCO Outlines 2026 Goals After Award-Winning 2025
SAFCO Group held its New Year 2026 ceremony in Hyderabad, reviewing a year of global recognition and pledging intensified efforts in tech, agriculture, and women's economic empowerment. Read their strategic vision.
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Paramount's $26B Warner Bros. Acquisition Bid Rejected
Paramount Global's ambitious $26 billion bid to acquire Warner Bros. Discovery has been blocked. Discover the reasons behind this failed mega-merger and its impact on the media landscape.
Azeem Siddiqui Elected ICMA Pakistan President
Azeem Hussain Siddiqui is elected as the 26th President of ICMA Pakistan for 2025-26. Discover his vision for the accountancy profession and key council appointments.
Hyderabad Industry Leaders Hail New Press Club Leadership
Hyderabad SITE Association leaders congratulate newly elected Press Club office bearers, highlighting transparent journalism as key to economic stability and industrial growth. Partnership aims to address critical issues.
K-Electric Offers Earned Wage Access to Employees
K-Electric partners with Neem Paymenow to provide Earned Wage Access (EWA) to its workforce, enabling early access to earned salaries for better financial flexibility.
GTR Tyre Hosts Drive Excellence Awards 2025
GTR Tyre honored its leading dealers at the prestigious Drive Excellence Awards 2025 in Karachi. The event recognized outstanding sales performance and commitment to customer service.
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Pakistan Railways Pensions Surpass Operational Income
Pakistan Railways' pension payments have shockingly exceeded its core operational revenues, creating a severe financial crisis. Explore the details and implications for the national carrier's future.
Govt Sells PIA for Rs135 Billion in Privatisation
Pakistan International Airlines has been sold for Rs135 billion in a landmark auction, marking the largest privatisation in the country's history. Discover the details and implications.
Three Bidders Compete for PIA's 75% Stake
Three entities have submitted bids for a controlling 75% stake in Pakistan International Airlines. The privatisation process enters a critical phase as the government aims to finalise the deal.
SECP Amends Share Issuance Rules to Protect Minority Investors
SECP Pakistan amends share issuance regulations to safeguard minority shareholders, ensure corporate governance & transparency. New rules enforce 'one share, one vote' principle.
PIA Privatization Auction Takes Place Today
Pakistan International Airlines (PIA) is set for its long-awaited privatization auction today. The process, managed by a financial adviser consortium, marks a major shift for the struggling national carrier. Discover the details and implications.
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Engro's Rs133bn Islamic Finance Deal for Telecom Towers
Engro executes a landmark Rs133 billion Islamic financing transaction to acquire Deodar's telecom towers, boosting Pakistan's digital infrastructure and Shariah-compliant banking vision. Discover the details.
Toho Establishes European Base in London, Buys Anime Limited
Japan's Toho Global announces a major European expansion with a London HQ and the acquisition of UK's Anime Limited, targeting the booming $4.8 billion anime market. Discover the strategic move.
Warner Bros. Rejects Paramount, Sticks with Netflix
Warner Bros. Discovery has rejected a merger offer from Paramount Global, choosing instead to strengthen its existing partnership with streaming giant Netflix. Get the full details on this major media industry decision.
Dialogue on Social Cohesion and Innovation for Pakistan
Pathfinder Group's dialogue in Islamabad unites leaders to discuss social cohesion, innovation, and building a future-ready Pakistan. Key figures share insights.
Pakistan Railways Earns Rs 300 Billion in 4 Years
Pakistan Railways reports a historic revenue of Rs 300 billion over four years, driven by modernization and improved services. Discover the key factors behind this financial turnaround.
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Netflix CEO Ted Sarandos Meets Donald Trump in New York
Netflix CEO Ted Sarandos held a private meeting with former President Donald Trump in New York, fueling rumors ahead of a potential Warner Bros. Discovery acquisition. Details inside.
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