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Articles for tag: Arif, consortium, deal, Fauji, fertilizer, Habib, joins, PIA, privatization

December 26, 2025

News Desk

Fauji Fertilizer joins Arif Habib Consortium in PIA privatization deal

View of Pakistan International Airlines (PIA) passenger plane. — APP/File The consortium plans to increase operational aircraft from 18 to 62. Rs 125 billion will be invested in the first year to upgrade land businesses. The new owner is expected to take over in April, subject to approvals. Arif Habib Consortium has announced that Fauji Fertilizer Company Limited has joined its consortium which acquired 75% stake in Pakistan International Airlines with the highest bid of Rs 135 billion in an auction held for the national carrier’s privatization process. The joint venture, in its statement issued on Thursday, said the partnership

December 25, 2025

News Desk

Arif Habib joint venture plans to expand PIA’s fleet to 64 aircraft after Rs 135 billion takeover

A Pakistan International Airlines (PIA) plane prepares to take off at the Alama Iqbal International Airport in Lahore. — Reuters/File Habib confirms that Fauji Fertilizer has also joined the joint venture. Adding the remaining 25% stake will bring Rs 45 billion to the fund. The government expects to have an airline operating under a new owner by April 2026. Arif Habib, founder of one of Pakistan’s leading business conglomerates, said on Wednesday his joint venture plans to expand the fleet of Pakistan International Airlines (PIA) to 64 aircraft in phases after acquiring a majority stake under the government’s privatization process.

September 19, 2025

News Desk

Taurees Habib Basks in the sound of success

Karachi: Pakistani talent continues to shine on the world stage. On Wednesday, sound engineer Taurees Habib took on social media to remind the fans that he had quietly made the story earlier this year, making the first Pakistani sound engineer – and only the second Pakistani overall – to win a Grammy award. “I am so incredibly honored that I have received it for my job,” he wrote. “And to be the first Pakistani to receive it for the engineering and only the second Pakistani to ever win a Grammy. It’s crazy to walk in my living room and see

September 7, 2025

News Desk

Saad Habib Rallies to win the 64th Pakistan

Pakistan’s Saad Habib Malik sets a trophy after the victory of the 64th Pakistani Amateur Golf Championship in Karachi. – Journalist Karachi: Saad Habib Malik made an impressive return to win the 64th Pakistani Amateur Golf Championship, held on September 4-7 in the Defense Authority and Golf in Karachi. The four -day tournament, with top golfers from Pakistan, Sri Lanka and Bangladesh, brought valuable rankings of the world golf (WAGR) and finished in a finale. Habib, who fell in 15th after a poor second round that included a costly mistake in the 8th hole, returned his way back with a

January 12, 2025

News Desk

Lebanese Hady Habib makes history with his first Grand Slam victory at the Australian Open

Listen to the article Lebanon’s Hady Habib made history on Sunday at the Australian Open, becoming the first player from his country to win a Grand Slam match. World number 219 Habib is the only Lebanese, male or female, to make it past the qualifiers and into the main draw in one of the four majors. The 26-year-old continued his fairytale run with a 7-6 (7/4), 6-4, 7-6 (8/6) victory over China’s Bu Yunchaokete in front of a frenzied crowd on Court 13. he was draped in his flag Livanou as he signed autographs after the match. “This is probably

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