The government's effort to privatise Pakistan International Airlines (PIA) failed as the only bidder, Blue World City, offered PKR 10 billion for a 60% stake, significantly lower than the PKR 85.03 billion minimum. The lack of competition and high government demands discouraged other bidders.
Full Story
2,917,000 news articles indexed and analysed from 346 sources in 4 languages.
Articles and images are sorted, ranked and categorised automatically, placement is not intended to cause offence.
WireBeat accepts no liability for the content published by third parties.
English ¦ 
Spanish ¦ 
French ¦ 
German
© Accumudata Limited 2022 Release Version 1.22 Company Number: 12846061 All Rights Reserved.