A Pakistani Senate committee has expressed frustration over the prolonged twenty-year stalemate in transferring ownership of Karachi's Hyatt Regency hotel. The oversight body has directed the Privatisation Commission to engage with railway authorities to secure necessary clearance for the property buyer. However, officials have cited ongoing litigation as the primary obstacle preventing the transaction from moving forward, highlighting administrative and legal complexities surrounding the high-profile asset.

Summary auto-generated by AI from the original publisher's content. Editorial standards.