Tag: Privatisation

PIA confused between Emirates and Etihad privatization offers

News Analysis | The government will try to privatise Pakistan International Airlines (PIA) before general elections due this year, privatisation minister Daniyal Aziz said, as...

Karachi in dire need of investment in power infrastructure

Ikram Sehgal | During the 1980s the shortfall between electricity generated and consumers’ demand in Karachi widened to unmanageable proportions. Rampant over-staffing compounded by excessive...

Saudi Crown Prince’s sale of the century stutters

Reuters | Saudi Arabia's $300-billion privatisation programme was billed as the sale of the century when Crown Prince Mohammed bin Salman unveiled his plan to...

Employees rejected proposal to lease out Pakistan Steel Mill for 30...

The employees of Pakistan Steel Mills (PSM) have opposed a government proposal to lease out the country’s largest industrial unit for 30 years and...

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