Tag Archives: Saudi tycoon in Pakistan to end impasse over KE sale

ISLAMABAD: A Saudi group that had originally bought the Karachi Electricity Supply Corporation, now called K-Electric, in 2005 has re-entered the scene amid an impasse over the future of the power utility’s business relations with the government following the downfall of Abraaj Capital chief Arif Naqvi. The owner of the Aljomaih Holding Company of Saudi Arabia, Shaikh Abdulaziz Hamad Aljomaih, …

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