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Opinion: The Need For Privatisation

Privatisation intermittently figures in the national debate of Pakistan as it is reported that most international financial donors apply pressure on the government to...

Outsourcing of airports underway, not privatisation: PCAA

KARACHI: Pakistan Civil Aviation Authority (PCAA) has clarified that the authorities commenced the outsourcing process of the country’s airports but not privatisation, ARY News...

Egypt to privatise key state companies as inflation surges

CAIRO: Egyptian Prime Minister Mostafa Madbouli announced Sunday a string of planned privatisations of state-owned companies, as Cairo grapples with an economic crisis and...

Saudi Arabia plans airport takeovers and privatisations

Saudi Arabia plans to convert its airport operators into holding companies and transfer them to its powerful sovereign wealth fund with a view...

Saudi Arabia working on 160 privatisations

Saudi Arabia is working on 160 privatisations and intends to announce more next year, Finance Minister Mohammed al-Jadaan said on Thursday. Speaking at a financial...

Focused on timely completion of transactions of SOEs: privatisation minister

ISLAMABAD: Federal Minister for Privatisation Muhammad Mian Soomro said that the ministry is focused on the timely completion of the transactions of the state-owned...

SC fixes PSM privatisation case for hearing

A three-member bench of the SC will take up the case on May 5.

India shortlists four banks for potential privatisation

The government is considering mid-sized to small banks for its first round of privatisation to test the waters

SHC rejects pleas against K-Electric privatisation

The KE Labour Union had approached the court in 2005 against the government's decision to privatise the power utility.

Info minister rejects reports of PTV privatisation

The government is in the process of hiring new board members to run the organisation

Pakistan Railways to hand over eight trains to private sector

The Pakistan Railways decided to outsource commercial management of eight passenger trains to the private sector.

Govt to mull over transaction structure of PSM, Heavy Electrical Complex

The federal government will mull over the transaction structure of different state-owned institutions for its privatisation.

Senate session: Govt presents list of national entities slated for privatisation

A list containing names of 19 government institutions was presented in the Senate session by the federal government which are slated for privatisation.

Privatisation of five institutions to be completed by June 2021: minister

Mohammed Mian Soomro clarified that the privatisation process will not be interrupted by the expected political campaign of opposition parties.

Govt going to privatise 18 national institutions: minister

Muhammad Mian Soomro, while talking to journalists today, said that the final bid of the Liquefied Natural Gas (LNG) power plants will be released in April.

‘Air India will have to close if not privatised’

A group of officials, including India’s home and finance ministers, is finalising the process of inviting bids from the private sector for the loss-making national carrier.

Cabinet body directs to accelerate privatisation process of SME Bank, PIA investment Ltd    

The Cabinet Committee on Privatisation on Friday directed to expedite the pace of work on privatization of SME Bank Limited and the PIA Investment Limited.

Govt decides to expedite process of privatisation, mulls privatising NBP, State Life

FBR has brought 600,000 new taxpayers into the tax net

Asad Umar underscores need for privatisation of loss-making public entities

Asad Umar urged the authorities to improve the economic condition of such entities ahead of privatisation so that they could attract investors.

2016 marred with huge financial losses for PIA

KARACHI: The year 2016 proved to be one of the worst in Pakistan International Airline (PIA) history with graph of collective financial losses flying...
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