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Affairs

Govt Wants PIA Bidders to Be Worth At Least Rs. 30 Billion

The federal government has approved the eligibility criteria for potential buyers of Pakistan International Airlines (PIA) who want to acquire majority stakes in the flag carrier.

The government is willing to sell 51-100 percent of PIA’s shares, set…

Saudi Arabia Likely to Invest $1 Billion in Reko Diq

The Kingdom of Saudi Arabia will likely invest up to $1 billion in the Reko Diq gold and copper mine, high-level sources told ProPakistani.

Finance Ministry sources said that as part of the deal, Saudi Arabia will buy shares of Oil and Gas Developme…

IHC Upholds President, FTO’s Decision in Radiation Machine Case

The Islamabad High Court (IHC) has upheld the President’s and Federal Tax Ombudsman’s decision directing the Lahore Customs collector to get a radiation machine meant for cancer patients’ treatment released within, which had been lying with Gerry’s D…

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