The Pakistan Times was owned and operated by Mian Iftikharuddin, a Punjabi politician formerly of the Indian National Congress but of the All-India Muslim League after 1946.

After his arrest in 1951 in connection with the Rawalpindi Conspiracy Case, Mazhar Ali Khan served as the editor-in-chief.

[2][3][4] The Pakistan Times continued to be an influential newspaper in the 1950s, with its disparaging criticism of the government in participating in the US-sponsored military alliances.

[5] During the military regime of Ayub Khan, rigorous pre-censorship was imposed on the press including The Pakistan Times.

[9] Disinvestment and privatisation of companies and newspapers belonging to the National Press Trust took place in 1996.