Roosevelt Hotel Archives

Pakistan seeks billion-dollar deal for iconic Roosevelt hotel This effort complements ongoing privatizations, including a partial stake sale in PIA, as required by IMF conditions.

On: July 11, 2025

Tagged: Billion-dollar deal, IMF conditions, PIA privatizations, Roosevelt Hotel

ISLAMABAD ( WEB NEWS ) Pakistan’s government is seeking a $1 billion valuation for the Roosevelt Hotel in New York City, aiming to offer a minority stake in a joint redevelopment venture while retaining overall ownership. This forms part of a broader $7 billion IMF-backed privatization drive. The Roosevelt Hotel,Read More →

Pakistan fulfills IMF’s requirements, IMF to release tranche in the offing There was no discussion or agreement of selling PIA or Roosevelt Hotel to Qatar. Miftah Ismail

On: August 27, 2022

In: Breaking News

Tagged: $4 billion gap, IMF, Miftah Ismail, PIA airports, Roosevelt Hotel, Saudi Arab

IMF to release tranche in the offing Says Pakistan fulfills IMF’s requirements ISLAMABAD ( Web News ) Minister for Finance and Revenue Miftah Ismail Friday said the International Monetary Fund (IMF) would release the tranche (worth US$1.17bn) to Pakistan after its board meeting on Monday. Addressing a press conference here,Read More →