Trending News: Global YouTube Sensation MrBeast Announces Upcoming Visit to PakistanUAE to Replace ID Cards with Advanced Facial Recognition TechnologyPIA Records Rs. 26.2 Billion Net Profit After 21 Years, Operating Margin Exceeds 12%PMD Issues Heatwave Alert as Temperatures in Sindh Set to Surge 5-7°C Above NormalPakistan’s Inflation Hits 59-Year Low at 0.7% in March 2025Dubai to Launch Self-Driving Taxis by 2026Six Dead and 165 Injured in Traffic Accidents During Eid Holidays in KarachiThe Nobel Institute has rejected the claim of Imran Khan’s nomination for the Nobel Prize.No Traffic Fines for Minor Violations in Karachi Until Chand Raat: DIG TrafficKarachi to Experience Hot and Dry Weather During Eid, Temperature May Reach 38°CIMF Approves Rs. 1 Per Unit Reduction in Pakistan’s Electricity Tariff“Sab Ka Shajra Pakistan” ISPR Releases a New National Song on Pakistan Day in Atif Aslam’s VoiceFire Erupts in Building Near Baloch Colony Bridge; Over 10 Trapped on RooftopYoung Motorcyclist Killed in High-Speed Cement Mixer Collision Near Johar Mor Karachi5.5 Million Pilgrims Perform Umrah in the First Ten Days of RamadanWe Will Play Fearless Cricket Against New Zealand : Salman Ali AghaEid Shopping Rush : Karachi Implements Special Traffic Plan, Rickshaws & Taxis Banned in Key MarketsPakistani-American student Rejects Columbia University Admission Over Restrictions on Free SpeechGermany-Imported Advanced Passport Printers Arrive in Pakistan, Capable of Printing 1,000 Passports Per HourPSL 10 Trophy Unveiled in a Historic Deep-Sea CeremonySea Levels Increasing Faster Than Expected, NASA WarnsFinance Minister Advises State Bank to Introduce CryptocurrencyGovernment Launches VPN Licensing Service for Legal Business UseChampions Trophy 2025, Bangladesh Cricket Team Arrives in Pakistan for Remaining MatchesPowerful Storm Approaching California, Flood Warnings Issued for LowlandsCold Spell Continues in Karachi Temperature to Remain Between 9°C and 11°CCan’t Risk Saim Ayub’s Career Just for Champions Trophy : Chairman PCB Mohsin NaqviKarachi Braces for Cold Spell Temperature Likely to Drop to 9°CWitness Rare Planetary Parade Today, Venus, Jupiter, Mars, and Saturn To Be Visible Without TelescopeOver 1,000 Flights Canceled as Storm Hits UK and IrelandAnother Huge Wildfire Erupts Near Los Angeles, Forces 31,000 to EvacuateQuaid-e-Azam University Ranks Among Top 500 in World University Rankings 2025PCB Announces Special Fund for International Players in PSL 10, Offering $100,000 Bonus Per PlayerSelectors Considering Shan Masood to Replace Injured Saim Ayub for ICC Champions TrophyDutch Researcher Designs Smart E-Bike to Enhance Cycling Safety Bike Uses Sensors to Predict and Prevent AccidentsKarachi University Prohibits Revealing Clothes, Casual Footwear Under New Dress CodeAbu Dhabi Ranked as the World’s Safest City for 2025UAE Becomes the Largest Importer of Pakistani MangoesFresh Snowfall Turns Swat into a Winter Paradise Attracting Tourists NationwideSunil Gavaskar Names Pakistan as Favorite for ICC Champions Trophy 2025Shakib Al Hasan’s Arrest Warrant Issued Over Unpaid Loan in 2016 Business DealPakistan’s Largest Airport, Gwadar International, to Become Operational TodayState Bank Reports Significant Rise in Imports from China, While Exports DeclineSnowfall in Balochistan’s Ziarat Valley and Surroundings Temperature Drops SignificantlyPakistan’s Exports to Afghanistan, Bangladesh, and Sri Lanka Rise Despite Overall Trade LossState Bank Data Shows Pakistan’s Trade Loss Increase Due to High Imports and Low ExportsHafiz Naeem-Ur-Rehman Officially Inaugurates “Mera Brand Pakistan Expo” in KarachiSpinners Shine : West Indies Dismiss Pakistan for 230 in 1st TestPakistan’s IT Exports Reach Record $348 Million in December, Marking 15% GrowthImran Khan Sentenced to 14 Years, Bushra Bibi to 7 Years in Corruption CaseConcerns Rise in Karachi as Three Children Abducted in a WeekSuleman Akram Raja Claims 20 PTI Members Receive Invitations to Trump’s Inauguration CeremonyVirat Kohli’s Fitness Questioned Following Neck Strain Ahead of Key TournamentsShahid Afridi Takes Javelin Throwing Lessons from Olympic Gold Medalist Arshad NadeemLivestock Expo 2025: Electrical Fault Claims Lives of Two Cattle at Karachi Expo CenterRonaldo Signs New Contract with Saudi Club Al-Nassr with Salary of 16 Crore Per DayJamaat-e-Islami Stages Protest Outside Karachi Intermediate Board Over Disputed Examination ResultsPakistan’s Gilgit Baltistan Among 50 Best Travel Destinations in World for 2025Bollywood Actor Saif Ali Khan Injured in Robbery Attempt at Mumbai ResidenceTikTok Plans Complete Shutdown in the United States on January 19 : ReportsMir Hamza Injured During Fielding in President’s Trophy MatchFawad Alam Reaches 15,000-Run Milestone in First-Class CricketProfessors in Sindh Announce University Class Boycott Over Bureaucrats Appointed as VCsRising Debt Burden Each Pakistani Now Owes Rs. 302,000, Marking a Significant IncreaseOver 700,000 Pakistanis Seek Employment Abroad in 2024Bangladesh to Import 800,000 Tons of Rice from Pakistan in 5 MonthsTragic Incident in Korangi Robbers Kill 17-Year-Old After He Raises Alarm During FleeingKarachi’s Traffic Crisis, 23 Lives Lost in Accidents Within the First 10 Days of the New YearStray Dog Overpopulation in Karachi Poses Growing Threat to Public SafetyBrave Woman Fends Off Robber in Karachi’s Federal B AreaKarachi residents face significant inconvenience as gas pressure declines across multiple areas this winter season.Prime Minister Shahbaz Sharif Celebrates Record Surge in Remittances, Calling It a Triumph for Pakistan’s EconomyRemittances Surge by 29% in December 2024, Reaching $3.08 BillionFatal Collision on Shaheed Millat Road: Two Killed, One Injured in Water Tanker AccidentKarachi Mayor Murtaza Wahab Sets New Burial Fee at Rs. 14,300, Urges Citizens to Report Overcharging at 1339Jamaat-e-Islami Announces Nationwide Protest on January 17th Over Rising Electricity PricesMinister of Energy Signals Possible Reduction in Electricity Prices by 10-12 Rupees Per UnitManhole Covers Stolen by Drug Addicts—Who Will Take Responsibility? Munim ZafarPrime Minister Shehbaz Sharif Identifies Multiple Strategies to Reduce Electricity CostsKarachi Experiences Coldest Night of Winter, Temperature Drops to 8°CKarachi Experiences Temperature Drop to 9°C, Perceived Cold at 7°CPCB Decides to Send Injured Saim Ayub to London for TreatmentNew Passport Offices Established in Central and Western Districts; Opening Scheduled for Next WeekK-Electric Begins Repair Work at Dhabeji Pumping Station, Karachi Faces 100 MGD Water ShortageJamaat-e-Islami Karachi Amir Monem Zafar Khan Criticizes Sindh Government Over Intermediate Failures of A1 Matriculation StudentsChicken Prices Surge by 100 Rupees per Kilogram in Karachi, Egg Prices Also RiseSaim Ayub to Remain Out of Cricket for Six Weeks Following InjuryAchakzai Raises Concerns Over Talks Between Government and PTI, Cites Lack of Legitimate MandateSaim Ayub Nominated for ICC Emerging Cricketer of the Year AwardKE Electric Seeks 4.98 Rupees Per Unit Electricity Rate Cut for One MonthKarachi Faces Widespread Disruptions as Protests Block Over 10 Major RoutesKarachi Experiences Coldest Night of the Season with Temperature Dropping to 6.5°C in Gulistan-e-JauharRemittances Surge by 33.6%, Reaching $14.77 Billion in Current Fiscal YearU.S. Want to Target Pakistan’s Missile Program, Imran Is Just an Excuse : Bilawal ZardariKarachi Protest Sit-ins Block Key Roads, Disrupting City Traffic2024 Declared Most Challenging Year for Business Community and Public, Says Pakistan Business ForumSindh CM Directs Completion of Malir Expressway by December 30Shafique Ends Series Without Scoring a Single Run, Achieving a Rare MilestoneJamaat-e-Islami Karachi Chief Holds PPP Responsible for Karachi’s Water CrisisHafiz Naeem Ur Rehman Calls for Reduction in Electricity Prices, Warns of Protests
Thu. Apr 24th, 2025
Trending News: Global YouTube Sensation MrBeast Announces Upcoming Visit to PakistanUAE to Replace ID Cards with Advanced Facial Recognition TechnologyPIA Records Rs. 26.2 Billion Net Profit After 21 Years, Operating Margin Exceeds 12%PMD Issues Heatwave Alert as Temperatures in Sindh Set to Surge 5-7°C Above NormalPakistan’s Inflation Hits 59-Year Low at 0.7% in March 2025Dubai to Launch Self-Driving Taxis by 2026Six Dead and 165 Injured in Traffic Accidents During Eid Holidays in KarachiThe Nobel Institute has rejected the claim of Imran Khan’s nomination for the Nobel Prize.No Traffic Fines for Minor Violations in Karachi Until Chand Raat: DIG TrafficKarachi to Experience Hot and Dry Weather During Eid, Temperature May Reach 38°CIMF Approves Rs. 1 Per Unit Reduction in Pakistan’s Electricity Tariff“Sab Ka Shajra Pakistan” ISPR Releases a New National Song on Pakistan Day in Atif Aslam’s VoiceFire Erupts in Building Near Baloch Colony Bridge; Over 10 Trapped on RooftopYoung Motorcyclist Killed in High-Speed Cement Mixer Collision Near Johar Mor Karachi5.5 Million Pilgrims Perform Umrah in the First Ten Days of RamadanWe Will Play Fearless Cricket Against New Zealand : Salman Ali AghaEid Shopping Rush : Karachi Implements Special Traffic Plan, Rickshaws & Taxis Banned in Key MarketsPakistani-American student Rejects Columbia University Admission Over Restrictions on Free SpeechGermany-Imported Advanced Passport Printers Arrive in Pakistan, Capable of Printing 1,000 Passports Per HourPSL 10 Trophy Unveiled in a Historic Deep-Sea CeremonySea Levels Increasing Faster Than Expected, NASA WarnsFinance Minister Advises State Bank to Introduce CryptocurrencyGovernment Launches VPN Licensing Service for Legal Business UseChampions Trophy 2025, Bangladesh Cricket Team Arrives in Pakistan for Remaining MatchesPowerful Storm Approaching California, Flood Warnings Issued for LowlandsCold Spell Continues in Karachi Temperature to Remain Between 9°C and 11°CCan’t Risk Saim Ayub’s Career Just for Champions Trophy : Chairman PCB Mohsin NaqviKarachi Braces for Cold Spell Temperature Likely to Drop to 9°CWitness Rare Planetary Parade Today, Venus, Jupiter, Mars, and Saturn To Be Visible Without TelescopeOver 1,000 Flights Canceled as Storm Hits UK and IrelandAnother Huge Wildfire Erupts Near Los Angeles, Forces 31,000 to EvacuateQuaid-e-Azam University Ranks Among Top 500 in World University Rankings 2025PCB Announces Special Fund for International Players in PSL 10, Offering $100,000 Bonus Per PlayerSelectors Considering Shan Masood to Replace Injured Saim Ayub for ICC Champions TrophyDutch Researcher Designs Smart E-Bike to Enhance Cycling Safety Bike Uses Sensors to Predict and Prevent AccidentsKarachi University Prohibits Revealing Clothes, Casual Footwear Under New Dress CodeAbu Dhabi Ranked as the World’s Safest City for 2025UAE Becomes the Largest Importer of Pakistani MangoesFresh Snowfall Turns Swat into a Winter Paradise Attracting Tourists NationwideSunil Gavaskar Names Pakistan as Favorite for ICC Champions Trophy 2025Shakib Al Hasan’s Arrest Warrant Issued Over Unpaid Loan in 2016 Business DealPakistan’s Largest Airport, Gwadar International, to Become Operational TodayState Bank Reports Significant Rise in Imports from China, While Exports DeclineSnowfall in Balochistan’s Ziarat Valley and Surroundings Temperature Drops SignificantlyPakistan’s Exports to Afghanistan, Bangladesh, and Sri Lanka Rise Despite Overall Trade LossState Bank Data Shows Pakistan’s Trade Loss Increase Due to High Imports and Low ExportsHafiz Naeem-Ur-Rehman Officially Inaugurates “Mera Brand Pakistan Expo” in KarachiSpinners Shine : West Indies Dismiss Pakistan for 230 in 1st TestPakistan’s IT Exports Reach Record $348 Million in December, Marking 15% GrowthImran Khan Sentenced to 14 Years, Bushra Bibi to 7 Years in Corruption CaseConcerns Rise in Karachi as Three Children Abducted in a WeekSuleman Akram Raja Claims 20 PTI Members Receive Invitations to Trump’s Inauguration CeremonyVirat Kohli’s Fitness Questioned Following Neck Strain Ahead of Key TournamentsShahid Afridi Takes Javelin Throwing Lessons from Olympic Gold Medalist Arshad NadeemLivestock Expo 2025: Electrical Fault Claims Lives of Two Cattle at Karachi Expo CenterRonaldo Signs New Contract with Saudi Club Al-Nassr with Salary of 16 Crore Per DayJamaat-e-Islami Stages Protest Outside Karachi Intermediate Board Over Disputed Examination ResultsPakistan’s Gilgit Baltistan Among 50 Best Travel Destinations in World for 2025Bollywood Actor Saif Ali Khan Injured in Robbery Attempt at Mumbai ResidenceTikTok Plans Complete Shutdown in the United States on January 19 : ReportsMir Hamza Injured During Fielding in President’s Trophy MatchFawad Alam Reaches 15,000-Run Milestone in First-Class CricketProfessors in Sindh Announce University Class Boycott Over Bureaucrats Appointed as VCsRising Debt Burden Each Pakistani Now Owes Rs. 302,000, Marking a Significant IncreaseOver 700,000 Pakistanis Seek Employment Abroad in 2024Bangladesh to Import 800,000 Tons of Rice from Pakistan in 5 MonthsTragic Incident in Korangi Robbers Kill 17-Year-Old After He Raises Alarm During FleeingKarachi’s Traffic Crisis, 23 Lives Lost in Accidents Within the First 10 Days of the New YearStray Dog Overpopulation in Karachi Poses Growing Threat to Public SafetyBrave Woman Fends Off Robber in Karachi’s Federal B AreaKarachi residents face significant inconvenience as gas pressure declines across multiple areas this winter season.Prime Minister Shahbaz Sharif Celebrates Record Surge in Remittances, Calling It a Triumph for Pakistan’s EconomyRemittances Surge by 29% in December 2024, Reaching $3.08 BillionFatal Collision on Shaheed Millat Road: Two Killed, One Injured in Water Tanker AccidentKarachi Mayor Murtaza Wahab Sets New Burial Fee at Rs. 14,300, Urges Citizens to Report Overcharging at 1339Jamaat-e-Islami Announces Nationwide Protest on January 17th Over Rising Electricity PricesMinister of Energy Signals Possible Reduction in Electricity Prices by 10-12 Rupees Per UnitManhole Covers Stolen by Drug Addicts—Who Will Take Responsibility? Munim ZafarPrime Minister Shehbaz Sharif Identifies Multiple Strategies to Reduce Electricity CostsKarachi Experiences Coldest Night of Winter, Temperature Drops to 8°CKarachi Experiences Temperature Drop to 9°C, Perceived Cold at 7°CPCB Decides to Send Injured Saim Ayub to London for TreatmentNew Passport Offices Established in Central and Western Districts; Opening Scheduled for Next WeekK-Electric Begins Repair Work at Dhabeji Pumping Station, Karachi Faces 100 MGD Water ShortageJamaat-e-Islami Karachi Amir Monem Zafar Khan Criticizes Sindh Government Over Intermediate Failures of A1 Matriculation StudentsChicken Prices Surge by 100 Rupees per Kilogram in Karachi, Egg Prices Also RiseSaim Ayub to Remain Out of Cricket for Six Weeks Following InjuryAchakzai Raises Concerns Over Talks Between Government and PTI, Cites Lack of Legitimate MandateSaim Ayub Nominated for ICC Emerging Cricketer of the Year AwardKE Electric Seeks 4.98 Rupees Per Unit Electricity Rate Cut for One MonthKarachi Faces Widespread Disruptions as Protests Block Over 10 Major RoutesKarachi Experiences Coldest Night of the Season with Temperature Dropping to 6.5°C in Gulistan-e-JauharRemittances Surge by 33.6%, Reaching $14.77 Billion in Current Fiscal YearU.S. Want to Target Pakistan’s Missile Program, Imran Is Just an Excuse : Bilawal ZardariKarachi Protest Sit-ins Block Key Roads, Disrupting City Traffic2024 Declared Most Challenging Year for Business Community and Public, Says Pakistan Business ForumSindh CM Directs Completion of Malir Expressway by December 30Shafique Ends Series Without Scoring a Single Run, Achieving a Rare MilestoneJamaat-e-Islami Karachi Chief Holds PPP Responsible for Karachi’s Water CrisisHafiz Naeem Ur Rehman Calls for Reduction in Electricity Prices, Warns of Protests
Thu. Apr 24th, 2025

Against 85 Billion Expected Minimum, 10 Billion Bid Received for PIA Sale

A single bid has been submitted for PIA’s privatization, with a private company offering 10 billion rupees for acquisition.

The bidding process for the sale of 60% of PIA’s shares was conducted in the federal capital.

Against an anticipated minimum price of 85 billion rupees, only a 10 billion rupee bid has been received.

As reported by BBC Urdu, Pakistan’s federal cabinet is set to review the 10 billion rupee bid submitted by Blue World City to acquire PIA.

PIA operates as a public limited company, with approximately 96% of its capital held by the government.

    • Karachi Matters Editor

    Related Posts

    PIA Records Rs. 26.2 Billion Net Profit After 21 Years, Operating Margin Exceeds 12%
    PIA Records Rs. 26.2 Billion Net Profit After 21 Years, Operating Margin Exceeds 12%

    According to Media Reports, After 21 years, Pakistan’s national airline has achieved a historic financial milestone, recording a net profit of Rs. 26.2 billion in 2024. The airline also posted…

    Continue reading
    Pakistan’s Inflation Hits 59-Year Low at 0.7% in March 2025
    Pakistan’s Inflation Hits 59-Year Low at 0.7% in March 2025

    Pakistan’s headline inflation dropped to 0.7% year-on-year in March 2025, marking a 59-year low — the lowest since December 1965, according to SBP data. This decline follows a 1.5% rate…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    City Karachi

    Karachi

    Six Dead and 165 Injured in Traffic Accidents During Eid Holidays in Karachi

    Six Dead and 165 Injured in Traffic Accidents During Eid Holidays in Karachi
    Karachi

    No Traffic Fines for Minor Violations in Karachi Until Chand Raat: DIG Traffic

    No Traffic Fines for Minor Violations in Karachi Until Chand Raat: DIG Traffic
    Karachi

    Fire Erupts in Building Near Baloch Colony Bridge; Over 10 Trapped on Rooftop

    Fire Erupts in Building Near Baloch Colony Bridge; Over 10 Trapped on Rooftop
    Karachi

    Young Motorcyclist Killed in High-Speed Cement Mixer Collision Near Johar Mor Karachi

    Young Motorcyclist Killed in High-Speed Cement Mixer Collision Near Johar Mor Karachi
    Karachi

    Eid Shopping Rush : Karachi Implements Special Traffic Plan, Rickshaws & Taxis Banned in Key Markets

    Eid Shopping Rush : Karachi Implements Special Traffic Plan, Rickshaws & Taxis Banned in Key Markets
    Karachi

    Karachi University Prohibits Revealing Clothes, Casual Footwear Under New Dress Code

    Karachi University Prohibits Revealing Clothes, Casual Footwear Under New Dress Code