ISLAMABAD: The Cabinet Committee on Privatisation has approved the inclusion of Fauji Fertiliser Company (FFC) in the consortium. A meeting of the Cabinet Committee on Privatisation was held under the chairmanship of Deputy Prime Minister and Foreign Minister Ishaq Dar. The meeting approved the inclusion of Fauji Fertilizer Company Limited in the consortium. FFC will purchase 33.99 percent of PIA Equity Limited’s shares, with Arif Habib Corporation continuing to be the lead consortium member in the PIA privatisation process. The cabinet committee’s decision was sent to the federal cabinet for ratification.

Source: The Patriot March 12, 2026 11:26 UTC