Tag Archives: privatization

Aftab Maken ISLAMABAD: For Pakistan’s aviation sector, the government has officially shelved a high-profile plan to hand over management and operations of Islamabad International Airport (IIAP) to the United Arab Emirates (UAE), following Abu Dhabi’s repeated failure to nominate a partner. The decision marks the end of months of negotiations …

Aftab Maken ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb on Wednesday chaired a high-level meeting of the committee tasked by the Prime Minister to oversee the closure and privatization of the Utility Stores Corporation (USC). The meeting, held at the Finance Division, focused on ensuring a smooth and transparent wind-up process, …