Pakistan International Airlines

Government Transfers PIACL Management After First Financial Closing

Management control handed over as Rs180 billion investment deal moves into execution phase ISLAMABAD: Pakistan has completed the first closing of the privatisation of Pakistan International Airlines Corporation Limited (PIACL), formally transferring management control of the national carrier to a consortium led by Arif Habib Corporation Limited, the Privatisation Commission said on Monday.

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OGDCL gas

OGDCL strikes major oil and gas discovery in Sindh’s Sanghar district

Discovery at Bobi Deep-1 well expected to boost domestic hydrocarbon reserves and strengthen Pakistan’s energy security Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery in Sindh’s Sanghar district, a development that could strengthen Pakistan’s domestic energy resources and support efforts to reduce reliance on imported fuels.

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