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ISLAMABAD:* The consortium led by the Arif Habib Group has announced plans to acquire the remaining 25 per cent government stake in Pakistan International Airlines (PIA), aiming to secure complete ownership of the national flag carrier. In December 2025, the group purchased a 75 per cent stake in PIA for Rs135 billion, with a commitment to turn around the loss-making airline through operational restructuring, fleet modernisation, and enhanced customer services. The acquisition of the remaining shares, valued at approximately Rs45 billion, will enable the consortium to implement its revival strategy…

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Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry announced on Saturday Pakistan had secured $3 million from the Global Environment Facility (GEF) to conserve marine biodiversity and accelerate a shift toward sustainable and regenerative fisheries management. In a statement, the maritime minister said the project titled ‘Conserving marine biodiversity by accelerating transition to sustainable and regenerative fisheries management practices’ would be executed by the Ministry of Maritime Affairs. Proposed by the Ministry of Maritime Affairs through the Ministry of Climate Change and Environmental Coordination, it aligns with national priorities and…

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10-gram price climbs to Rs451,784; silver per tola declines to Rs8,219, 10-gram price to Rs7,046 Gold prices rose in both international and Pakistani local markets on Saturday, reversing some of the losses seen a day earlier, while silver prices in the domestic market continued to weaken. In the international bullion market, the price of gold per ounce gained about $70 to reach $5,042, reflecting renewed bullish momentum in global precious metals trading. In Pakistan’s domestic market, gold also strengthened as the price per tola rose by Rs7,000 to Rs526,962, and…

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