Pakistan has drawn bids from seven heavyweight consortia — including Citigroup, CBRE, Morgan Stanley and Cushman & Wakefield — to advise on the privatization of its storied Roosevelt Hotel in New York. The technical bids, opened this week by the Privatization Commission, put some of the world’s biggest names in finance and real estate into…

Mari Energies Ltd., Pakistan’s No. 2 oil and gas explorer, is set to formally take over significant stakes in three Orient Petroleum blocks within days, cementing its position in some of the country’s most promising hydrocarbon zones. “The process of formally claiming its stakes and relocating to the sites will conclude in a few days….

1,100 electric taxis to hit the roads; online applications open until Oct 5 The Punjab government on Tuesday rolled out its first-ever E-Taxi Scheme, announcing that 1,100 electric taxis will be distributed in the initial phase to promote eco-friendly and affordable transport across the province. Citizens can apply online at e-taxi.punjab.gov.pk until October 5, 2025….

Citi Pharma Limited has formally entered Pakistan’s veterinary healthcare market through its new subsidiary, Citi Veterinary Limited, which launched trading operations Friday with an ambitious plan to achieve PKR 10 billion in turnover within three years. The company is rolling out 32 veterinary products, including vaccines, backed by letters of credit for eight key offerings…