Tag Archives: Roosevelt hotel

Aftab Maken ISLAMABAD:  Jones Lang LaSalle (JLL), the global real estate services firm, has resigned from its role as Financial Advisor for the privatization of the iconic Roosevelt Hotel in New York. The decision, formally conveyed to the Privatisation Commission of Pakistan, stems from a potential conflict of interest, as …

The National Assembly’s Standing Committee on Privatization was informed that the financial advisor hired for the privatization of the national airline, Pakistan International Airlines (PIA), had already been paid Rs 1.2 billion, yet the privatization process remained incomplete. The meeting, held in Islamabad under the chairmanship of Dr. Farooq Sattar, …