ISLAMABAD: Al-Nihang Group’s PKR 100 Billion Offer Aims to Revitalize PIA Amid Privatization Interest from Provincial Governments Al-Nihang, an overseas Pakistani group, has placed a significant bid of PKR 100 billion to acquire Pakistan International Airlines (PIA). The ambitious offer includes taking on PIA’s PKR 250 billion debt, doubling employee salaries over a 30-month period, and modernizing the airline’s fleet. This proposal comes on the heels of both Khyber Pakhtunkhwa (KP) and Punjab governments expressing interest in acquiring the struggling airline. In an offer letter submitted to Pakistan’s Ministers of Privatization, Aviation, and Defense, Al-Nihang outlined its comprehensive plan to…
Author: holidayweekly
ISTANBUL: During the recent Hitit Partner’s Event in Istanbul, Pakistan International Airlines (PIA) executives honored Ms. Nur Gökman, the former CEO of Hitit, with a commemorative plaquette. The gesture recognized her exceptional leadership and steadfast support in driving PIA’s digital transformation journey, which began in 2018 when the airline first partnered with Hitit. Ms. Gökman, who is currently the Chairwoman of Hitit’s Board of Directors, has been instrumental in advancing the technological growth and modernization of PIA. The appreciation shown by PIA underscores the valuable collaboration between the two companies, a partnership that has grown steadily and contributed to PIA’s…
SEATTLE, Nov 5 (Reuters) – Ending the strike only stemmed the bleeding at Boeing. Now, CEO Kelly Ortberg, just three months into the job, is faced with repairing a divided, demoralized, and drifting American corporate icon. More than 33,000 factory workers in the U.S. Northwest will trudge back to work over the next week after they voted by a slim margin to accept Boeing’s third contract offer, ending a seven-week strike that brought Ortberg’s honeymoon at Boeing to a shuddering halt. The strike has exposed divides that run right through the company, not just between the board and machinists, but…
RIYADH: Saudi Arabia has broken ground on the Mukaab, a cube-shaped skyscraper in Riyadh that, when completed, will be the largest built structure in the world. The building will span 400 meters on each side, providing enough volume to house up to 20 Empire State Buildings, according to Boomberg. The Mukaab is the focal point of New Murabba, a larger urban development designed to reshape Riyadh as a global destination and showcase Saudi Arabia’s ambitious Vision 2030 project to diversify the economy away from oil dependency by fostering tourism, entertainment, and urban innovation. Other Saudi megaprojects under Crown Prince Mohammad…
BEIJING: A direct freight train link between Afghanistan and China was inaugurated on Thursday, marking a significant step in trade relations between the two nations, Taliban’s embassy in Beijing announced. The Taliban’s ambassador to China, Bilal Karimi, stated that the freight train will depart from China’s Jiangsu Province, bound for Hairatan port in northern Afghanistan. Chinese officials, including Yue Xiaoyong, Beijing’s special envoy to Afghanistan, attended the inauguration ceremony. The initial shipment comprises 50 containers of commercial goods, with the journey to Hairatan expected to take around 20 days. Karimi highlighted the importance of the Wakhan Corridor, a strategic route…
DUBAI: Middle Eastern burger chain Salt has announced plans to expand into Pakistan with its Wagyu beef burgers, the company revealed in a social media post on Thursday. In a recent Instagram post with the message “Time to pass the salt, Pakistan!” Salt hinted at a near launch, though it has yet to reveal the specific cities where it will open its branches. Salt is headquartered in Qatar and is known for its Wagyu beef burgers. It has branches in Qatar, Saudi Arabia, the UAE, the UK, and Hungary. Salt’s menu includes a variety of beef and chicken sliders, such…
DUBAI: The UAE has extended its visa amnesty program until December 31, 2024, according to an announcement from the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP). This two-month extension allows those in violation of residency regulations more time to regularize their status. Major General Suhail Saeed Al Khaili, Director General of ICP, noted that the extension aligns with the UAE’s 53rd Union Day celebrations and reflects the country’s commitment to humanitarian values. It also responds to the wishes of violators seeking to settle their status, whether by exiting the country or securing an employment contract to remain…
ISLAMABAD: The longstanding issue of passport printing delays in Pakistan is expected to be resolved soon with the arrival of 10 advanced desktop passport printing machines from abroad. These new machines are set to be operational by the first week of November, according to official sources, and will double the country’s current passport printing capacity. Currently, approximately 22,000 passports are printed each day, but with the new equipment, this number is projected to increase to around 50,000 daily, effectively addressing the high demand for both new and renewed passports. Pakistan receives about 50,000 passport applications daily from citizens nationwide, highlighting…
ISLAMABAD: In a significant development, the federal government has amended passport rules, allowing Pakistani citizens to apply for a passport from any city nationwide, regardless of the address on their Computerised National Identity Card (CNIC). This policy aims to streamline the application process and reduce bureaucratic hurdles for citizens, officials said. Following the policy amendment, a notification has been sent to regional passport offices, empowering citizens to apply for passports outside their registered residential areas. Mustafa Jamal Qazi, Director General (DG) of Immigration and Passports, noted that the new rule is a response to longstanding challenges faced by applicants, ensuring…
ISLAMABAD: Pakistani nationals can now drive in 132 countries with an International Driving License (IDL) issued by the government of Pakistan, making global travel more convenient and accessible. This move simplifies the process for Pakistani travelers who wish to legally drive abroad for tourism, business, or personal exploration without needing additional permits. The International Driving License is now recognized across major regions, including North America, Europe, Asia, Africa, South America, and Oceania. With this license, Pakistani travelers can navigate the roads in countries like the United States, United Kingdom, Germany, Canada, Saudi Arabia, Japan, and Australia, among others. This expanded…



