Lahore, Pakistan, 22 December 2023: Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Pakistan, announced the inauguration of two new Carrefour supermarkets in Lahore, as part of Majid Al Futtaim’s vision to expand its investment and retail footprint in the country.
ISLAMABAD: The federal government has declined the stringent conditions laid out by commercial banks to extend a new loan of Rs15 billion to the financially struggling Pakistan International Airlines (PIA).
In November 2023, Pakistan saw a 13% reduction in total energy imports, which amounted to $1.42 billion. This decline highlighted a decreased demand for petroleum, oil, and gas products due to subdued economic activities and heightened prices impacting various sectors.
Pakistan is incurring a monthly loss of $1.5 million due to the omission of actual freight charges in meat exports to Dubai
Merely a month after its official debut in Pakistan, Regal Automobiles has declared a substantial price decrease for its domestically assembled Seres 3 Electric Vehicle (EV).
Kia Pakistan initiated a price reduction for its vehicles in October, becoming the first local automaker to do so
On the trading battlefield of the Pakistan Stock Exchange (PSX), bears persist in their ruthless domination, unleashing chaos fueled by pre-election uncertainty and exorbitant leverage costs.
In the initial three months and ten days of the current fiscal year, spanning from July 1 to November 10, the federal government borrowed over Rs3.244 trillion from commercial banks.
Yamaha Motor Pakistan has revealed the latest iteration of the Yamaha YB125Z-DX, accompanied by a noticeable price surge. Priced at Rs. 440,500, the new model represents a Rs. 17,000 increase from its predecessor.
As per an official document released on Sunday, the price of a 50kg urea bag has surged to Rs5,550, leading to a significant rise in fertilizer expenses.
As anticipated, a widespread disruption affected social media platforms across Pakistan, including popular services like X, Facebook, Instagram, and YouTube, as reported by the internet monitoring service Netblocks.
The Privatisation Commission board’s approval of new rules is set to accelerate the privatization of the financially distressed Pakistan International Airlines (PIA).
