The deal for the carrier failed several times in the past, as per the report.. The realty firm Blue World City was the only one to submit a final bid of PKR 10 billion ( ₹ 302.59 crore), where ...

Blue World City consortium refused to match the minimum expectation of the Privatisation Commission of Rs85.03 billion and stuck to its original offer of Rs10 billion for a 60% stake in Pakistan ...

Blue World City quotes Rs10bn against expected bid of Rs85bn; ... (PIA) passenger plane sits on tarmac, as seen through a plane window, at the Islamabad International Airport, on Oct 27, 2024.

Islamabad has previously said it was putting on the block a stake of between 51% and 100% in the debt-ridden airline as part of reforms urged by the International Monetary Fund. Blue World City, ...

The government's effort to privatise Pakistan International Airlines (PIA) failed as the only bidder, Blue World City, offered PKR 10 billion for a 60% stake, significantly lower than the PKR 85. ...

Pakistan's state-owned airline PIA has received a 10 billion rupee ($35.99 million) bid from real-estate development company Blue World City, the Privatisation Ministry said on Thursday without ...