Shimad appointed chairperson of Fenaka amid merger

21 hours ago

Shimad Ibrahim, the managing director of State Trading Organization (STO), has been was appointed as the chairperson of Fenaka Corporation – which is being merged with and made a subsidiary of STO, as part of a major reshuffle of state-owned companies. The merger between STO and Fenaka is set to take effect at the beginning of next year. On Sunday, the Privatization