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Articles for tag: business, completed, KIV, Latest, project, water

November 30, 2025

News Desk

The K-IV water project will be completed in 2026

KARACHI: Water and Power Development Authority (Wapda) Chairman Lt. Gen. (Retd) Muhammad Saeed, during a two-day visit, reviewed construction progress at key locations of the Greater Karachi Bulk Water Supply Scheme (K-IV project) being constructed by Wapda on behalf of the federal government to meet the water needs of Pakistan’s largest city. Key work sites visited by the president included the intake structure and pumping stations at Keenjhar Lake in Thatta district, the water transfer system including high pressure pipelines from Keenjhar Lake in Karachi and one of the filtration plants in Karachi. The general manager and project manager along

October 30, 2025

News Desk

Privatization of PIA will be completed by December, the Senate committee said

Crew members disembark from a Pakistan International Airways (PIA) flight at Kabul airport, Afghanistan, September 13, 2021. — AFP The due diligence process is nearing completion, officials say. Privatization to follow the set schedule, ensures supply. Afanullah-led committee reviews progress on PIA sale. ISLAMABAD: The Senate Standing Committee on Privatization, chaired by Senator Afnanullah, was briefed on the ongoing privatization process of the national carrier during its meeting in Islamabad. Officials of the Privatization Commission informed the committee that the process to privatize Pakistan International Airlines (PIA) is underway and expected to be completed by December this year. Committee representatives

March 6, 2025

News Desk

PIA privatization must be completed in three months: Aleem Khan

A representation of the PIA plane image. – AFP/file All concerns of interested parties treated correctly: Aleem Khan Says the new plan in progress to make Pia privatization more attractive PIA is ready to become profitable again by new measures, he says. Investment and privatization Minister Abdul Aleem Khan said Thursday that the government would complete the privatization process of Pakistan International Airlines (PIA) over the next three months. In a statement, the Minister of Privatization said: “All the concerns of the parties interested in the privatization process of the airline have been properly addressed.” He said the government has

January 7, 2025

News Desk

FinMin says 150,000 vacancies eliminated, consolidation of 42 ministries to be completed by end of June

Finance Minister Muhammad Aurangzeb speaking during a press conference in Islamabad on Tuesday, January 7, 2025. — YouTube screengrab/Geo News 60% of vacant regular posts abolished, says finance minister. The Aurangzeb Oath Committee will reduce 80 institutions to 40. He says they are trying to cut government spending by $900 billion. Rs. ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday pledged to streamline 42 ministries and their 400 attached departments by June 30 of the current fiscal year to reduce expenditure and improve government efficiency. Speaking during the press conference sharing the six-month performance of the High Power Rights Committee, the

November 18, 2024

News Desk

Australia completed the clean sweep against Pakistan with a 3-0 series win

Australian batsmen Josh Inglis (L) and Marcus Stoinis (R) take a quick single during the third Twenty20 international cricket match between Australia and Pakistan at Bellerive Oval in Hobart on November 18, 2024. — AFP Australia beat Pakistan on Monday to secure a 3-0 T20I series win after beating the visitors in the third and final match at Bellerive Oval. Set to chase a modest 118, Australia raced to victory losing just three wickets in 52 balls at their disposal. The home side made a shaky start to the chase as openers Jake Fraser-McGurk (two) and Matthew Short (18) both

September 10, 2024

News Desk

PIA privatization process to be completed by October: Khawaja Asif

Federal Aviation Minister Khawaja Asif has announced that the privatization process of Pakistan International Airlines (PIA) will be completed by the end of October. Speaking during a session of the National Assembly, Asif stressed the urgent need for privatisation, citing the airline’s heavy debt of Rs. 800 billion The minister responded to a notice calling attention to the prolonged closure of Hyderabad airport for commercial flights, explaining that resumption of PIA operations on this route is not financially feasible due to the airline’s mounting debt. “Routes that are not economically viable cannot operate,” he added. Asif also noted that the

September 5, 2024

News Desk

The PIA tender is likely to be completed in a month

KARACHI: The government has imposed conditions on the potential buyer of state-run Pakistan International Airlines (PIA), barring the investor from reselling the company for the first three years after its takeover and requiring it to induct 20 aircraft into the fleet. Speaking to The Express Tribune, Arif Habib, Chairman of Arif Habib Corporation, one of the default bidders for the airline, said the government’s business plan after the privatization of PIA showed that the buyer could not resell it for at least three years . Earlier, while discussing the business plan with a group of reporters, Habib said the new

June 25, 2024

News Desk

Spain show depth in victory over Albania, completed perfect group stage

DUSSELDORF: Spain offered further evidence of their Euro 2024 title credentials as Ferran Torres’ goal secured a virtual second-row line-up that beat Albania 1-0 to make it three wins from three in Group B on Monday. Having already secured a place in the last 16 as group winners, Spain manager Luis de la Fuente took the opportunity to make 10 changes to the team that started the victory over the Italian champions. Spain lacked the brilliance of their first two games but a number of players gave De La Fuente food for thought as he approaches the business end of

April 7, 2024

News Desk

Israel has completed preparations for a possible war with Iran

JERUSALEM: Israeli Defense Minister Yoav Gallant said on Sunday that Israel has completed its preparations to respond to any possible scenario against Iran days after the Iranian consular building in Damascus was bombed. This was in light of Israel’s readiness for Iran’s response to the killing of several Revolutionary Guard officials in Damascus, according to the Yedioth Ahronoth newspaper. “The defense system has completed preparations for a response to any scenario that may develop with Iran,” Gallant said in an assessment held at Defense Ministry headquarters in Tel Aviv. At least seven members of Iran’s Islamic Revolutionary Guard Corps, including

March 9, 2024

News Desk

Plan to provide online services for land records completed

Islamabad: The Ministry of Overseas Pakistanis and Human Resource Development (OP&HRD) has finalized a plan to provide online services for land records to overseas Pakistanis following instructions from the prime minister. Prime Minister Shehbaz Sharif has taken the issues related to transfer of property and issuance of related certificates seriously. Currently, overseas Pakistanis either have to grant power of attorney to their relatives or physically visit Pakistan to manage property transfers and obtain other land documents. According to sources, the D&D Ministry has largely addressed the issues with plans to use technology for online land transfers and issuance of documents

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