PIA's decline had been building for decades. From the 1990s onwards, the airline was hit by mounting losses, poor management, ageing aircraft and maintenance issues, pushing it deeper into financial ...
Following a session marked by institutional profit-taking a day earlier, the Pakistan Stock Exchange (PSX) witnessed a measured rebound on Thursday as renewed buying helped the benchmark KSE-100 index ...
The Cabinet Committee on Privatisation (CCoP) on Tuesday endorsed the Rs135 billion bid of Arif Habib Group-led consortium for 75 percent shares of PIA and recommended its approval by the cabinet.