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  Jones Lang LaSalle Quits Role in Sale of Pakistan-Owned Roosevelt Hotel in New York – What’s Next? Published: July 25, 2025 Author: Financial Insider Blog |  📍 Introduction One of the most valuable foreign assets of Pakistan, the Roosevelt Hotel in New York City , is once again in the headlines. The 100-year-old landmark building, located near Grand Central Station , is owned by Pakistan International Airlines (PIA) and is currently up for partial sale. But in a surprising twist, the global real estate giant Jones Lang LaSalle (JLL) has resigned from its advisory role on the sale process, citing a possible conflict of interest . So, what does this mean for the future of the Roosevelt Hotel? Will this decision delay Pakistan’s ambitious privatization plan under the IMF-backed $7 billion reform program ? Let’s dive deep into the situation and understand what’s happening, what’s at stake, and what’s next. 🏨 What Is the Roosevelt Hotel? The Roosevelt Hotel is not j...

🚀 Pakistan Stock Exchange Hits Historic Close Near 140,000 as Bulls Take Over Meta Description: Pakistan Stock Exchange breaks records, closing at 138,597 after a 4,298-point weekly gain, supported by strong economic indicators, IMF satisfaction, and investor confidence. Labels: Pakistan Stock Exchange, PSX, KSE-100 Index, Economic News, July 2025, Investment, Pakistan Economy, Stock Market Update Pakistan Stock Exchange Hits New Heights – Closes Near 140,000 Points KARACHI – July 20, 2025: The Pakistan Stock Exchange (PSX) celebrated a historic week as the KSE-100 index surged by 4,298 points , ending the week at 138,597 — its highest weekly close ever. This 3.2% increase was powered by renewed investor confidence, strong economic signals, and broad buying across major sectors. What Fueled the Market Rally? Multiple factors came together to drive this bullish momentum: ✅ Current Account Surplus: Pakistan recorded a $2.1 billion surplus in its current account for FY25 — ...