Abdullah Zahid LAHORE: The Pakistan Cricket Board (PCB) has announced an impressive and highly encouraging response to the tender process for the sale of two new franchises in the Pakistan Super League (PSL), said an official statement of the PCB. A total of 12 parties submitted formal bids by the …
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Aftab Maken ISLAMABAD: The Cabinet Committee on Energy has approved a landmark decision to introduce integrated, long-term energy planning, ending decades of fragmented federal and provincial policymaking in the power and energy sector. Under the decision, energy requirements, consumption trends, and production planning of both provincial and federal governments will …
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BeNewz Report ISLAMABAD: The Privatization Advisor, Muhammad Ali, announced on Thursday that the privatization of Pakistan International Airlines (PIA) will generate Rs 55 billion for the national exchequer, significantly higher than the initially cited Rs 10 billion. Addressing a press conference alongside Minister for Information Attaullah Tarar, Ali emphasized that …
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BeNewz Report ISLAMABAD: The Economic Coordination Committee (ECC) of the federal cabinet has approved recommendations for the country’s largest-ever spectrum auction, which will improve 3G and 4G services while enabling the commercial rollout of 5G technology in Pakistan for the first time. Federal Finance Minister Muhammad Aurangzeb and Minister of …
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Aftab Maken ISLAMABAD: In a major development regarding the privatization of the national flag carrier, the Arif Habib Group has outpaced all competitors by submitting the highest bid of Rs 135 billion for Pakistan International Airlines (PIA). Thisrecord-breaking offer has been forwarded to the Federal Cabinet for final approval, after …
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Aftab Maken ISLAMABAD: The privatization process for Pakistan International Airlines (PIA) is set to reach its climax tomorrow (December 23, 2025), with sealed bids to be submitted and opened in a live broadcast for transparency. The bidding will cover a 75% stake in the flag carrier, marking a crucial step …
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BeNewz Report ISLAMABAD: Pakistan and Libya reportedly inked a US$4.6 billion (approximately RM21.62 billion) defence deal, underscoring a shift toward affordable and flexible military partnerships outside traditional Western or Russian spheres, according to Defense Security Asia. The deal reportedly focuses on rebuilding Libya’s armed forces amid ongoing fragmentation, while boosting …
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Muhammad Arsalan DUBAI: Pakistan produced a dominant all-round performance to defeat India by 191 runs in the final of the ACC Under-19 Asia Cup in Dubai, clinching the title in emphatic fashion. Chasing a daunting target of 348 runs, India’s Under-19 batting line collapsed under pressure and was bowled out …
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Aftab Maken ISLAMABAD: Pakistan’s short-term inflation edged higher during the week ended December 18, 2025, as food and energy prices recorded mixed movements, official data showed. The Pakistan Bureau of Statistics said the Sensitive Price Indicator increased 0.24% week-on-week, reflecting rising prices of several essential consumer items. The SPI tracks …
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Aftab Maken ISLAMABAD: The Economic Coordination Committee, chaired by Finance Minister Senator Muhammad Aurangzeb, reviewed inflation trends and approved key financial and development measures for FY 2025-26. The committee was briefed that Pakistan’s overall inflation has shown marked improvement in the current fiscal year, reflecting enhanced price stability and effective …
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