06 February, 2026

PIA Privatization Finalized |Arif Habib Consortium Wins 75% Stake with Rs135 Billion Bid|

Pakistan International Airlines (PIA) has officially entered a new phase as the government completed one of the largest privatisation deals in Pakistan’s history. After a transparent and televised bidding process, the Arif Habib Corporation-led consortium emerged as the winning bidder, securing a 75% majority stake in the national flag carrier for Rs135 billion. The move […]

Pakistan Faces Rs371bn Flood Losses as IMF Review Begins Amid Reform Delays

Islamabad, October 1, 2025 Pakistan has informed the International Monetary Fund (IMF) that the country incurred economic losses of Rs371 billion due to the recent floods. The disaster has forced the government to cut its GDP growth target for 2025-26 from 4.2% to 3.9%. At the same time, an IMF mission led by Iva Petrova […]

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