Monday , August 17 2026

Tag Archives: #Investment

Aurangzeb raises $10bn support with US treasury chief

BeNewz Report WASHINGTON: Pakistan’s finance minister discussed economic reforms and stronger bilateral cooperation with the U.S. Treasury secretary as Islamabad reportedly seeks a $10 billion U.S.-backed exchange stabilization facility. Pakistan’s Finance Minister Muhammad Aurangzeb met U.S. Treasury Secretary Scott Bessent in Washington on Tuesday and discussed Pakistan’s economic reform agenda, …

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PIACL privatisation reaches first financial close

–Pakistan transfers management control of PIA to investor consortium after completing the first financial closing of the Rs180 billion privatisation transaction BeNewz Report ISLAMABAD: The Government on Monday transferred management control of Pakistan International Airlines Corporation Limited–PIACL–to an investor consortium led by Arif Habib Corporation Limited after successfully achieving the first …

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