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The Nexus
BUSINESSJun 12 · 07:07 UTCDAWN[email protected] (News Desk)

President Zardari approves bill, 'fulfilling all legal formalities' for PIA's privatisation

President Asif Ali Zardari approved the repeal of the 2016 bill to privatize Pakistan International Airlines, fulfilling legal requirements. A consortium led by Arif Habib Corporation Limited secured 75% shares of PIA in December 2025 with a Rs135 billion bid and aims to acquire the remaining 25% government stake.

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Mentioned
Asif Ali ZardaripersonPakistan International AirlinesorganizationPakistan International Airlines Company LimitedorganizationArif Habib Corporation LimitedorganizationArif Habib-led consortiumorganizationPrime Minister Shehbaz SharifpersonPakistan International Airlines Corporation (Conversion) (Repeal) Bill, 2026topicPrivatisationtopic
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