SBP Seeks Resolution as Roosevelt Hotel Debt Issue Worsens

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The State Bank of Pakistan (SBP) has raised concerns over the delay in repayment of a National Bank of Pakistan (NBP) loan linked to the…

Roosevelt Hotel NYC Gets ECC Banking for Urgent Financial Support

By Sabica Tahira ⏐ 2 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The Economic Coordination Committee (ECC) has expressed support for providing urgent financial assistance to Pakistan’s Roosevelt Hotel in New York, a landmark property facing challenges…

PIA-Owned Roosevelt Hotel Gets Interested Bidders Deal Amid JLL Exit

By Abdul Wasay ⏐ 3 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Several major global firms, including Citigroup and CBRE, have submitted bids to become financial adviser for the privatization of the Roosevelt Hotel in New York,…

Pakistan Plans to Sell Minority Stake in Roosevelt Hotel, Eyes $1 Billion Valuation

By Zohaib Shah ⏐ 5 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Reports claim: Pakistan is preparing to sell a minority stake in the historic Roosevelt Hotel in Manhattan. The government is targeting a valuation of over…

Get Alerts