Feb 12, 2026

Pakistan Stock Exchange Hosts Gong Ceremony to Celebrate the Successful Privatisation of Pakistan International Airlines (PIA)

The Pakistan Stock Exchange (PSX) today hosted a Gong Ceremony to mark the successful privatisation of Pakistan International Airlines (PIA), a landmark transaction valued at Rs 135 billion. The ceremony was graced by the Advisor to the Prime Minister on Privatisation, Mr. Muhammad Ali who also serves as Chairman of the Privatisation Commission of Pakistan. Distinguished guests included Mr. Muhammad Ali Farid Khwaja, Commissioner of the Securities and Exchange Commission of Pakistan (SECP), prominent business leaders Mr. Arif Habib, Mr. Aqeel Karim Dhedhi, Chairman PSX, Mr. Ruhail Muhammad and Board of Directors, Chairman Pakistan Banks Association (PBA) & CEO Bank of Punjab (BOP), Mr. Zafar Masud, CEO Central Depository Company (CDC), Badiuddin Akber, CEO National Clearing Company of Pakistan Limited (NCCPL), Mr. Naveed Qazi, representatives of Pakistan Stock Brokers Association, leading banks, brokerage houses and asset management companies.

The event celebrated a milestone in Pakistan’s economic reforms, as the privatisation of PIA marked the first major divestment of a state-owned enterprise in nearly two decades. The transaction attracted strong investor interest, with bids totaling approximately Rs250 billion (USD 900 million), underscoring growing confidence in Pakistan’s privatisation process.