Pakistan News

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  • Turkish firm acquires Dawlance for $258m

    KARACHI: Arçelik AS, a global leader in the home appliances industry, on Friday announced the $258 million acquisition of Dawlance, Pakistan’s market-leading home appliance brand, as part of its global expansion into fast-growth opportunity markets...

    Dawlance was founded in Karachi in 1980 and remains a privately-owned company...

  • Turkish company acquires Dawlance for $243m

    KARACHI: Turkish company Arçelik A...

    , which announced earlier this year that it was buying Pakistan’s home appliances brand Dawlance, said on Tuesday it has obtained all regulatory approvals needed for the $243-million acquisition and the transaction is now complete...

  • 16m euros to be injected in Dawlance

    KARACHI: An additional capital of 16 million euros is expected to be injected in Dawlance this year while new equipment and machinery are being deployed to further expand the company’s product range, Chief Technology Officer (CTO) Arcelik Mr Ozuzhan Ozturk said...

    A press release issued following the CTO’s visit to Pakistan said that since acquiring Dawlance in 2016, Arçelik — Turkey’s largest enterprise — has invested more than 36...

  • PM forms committee to address Karachi’s misery

    ISLAMABAD: Prime Minister Imran Khan constituted a high-level committee on Sunday to work out plans to address issues being faced by the residents of Karachi...

    The committee has been asked to suggest short-, medium- and long-term measures for the betterment of Karachi...

  • Centre comes under fire over formation of body to address Karachi’s problems

    KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that the federal government has constituted a strategic committee for Karachi without consulting or taking him into confidence...

    The CM says he was not consulted; the governor explains the body will examine the job of various civic agenciesIn response to a question, the chief minister said he was neither consulted nor taken into confidence on the formation of the committee on...

  • Bilawal calls for joint efforts to address new global challenges

    ISLAMABAD: PPP Chairman Bilawal Bhutto Zardari has said that new global realities have posed new challenges to mankind and are beyond the capacity of any single state or a single political party to address...

    Therefore, concerted and joint efforts are needed to address them both within and beyond national borders...

  • Mengal asks govt to address Baloch concerns on CPEC

    ISLAMABAD: The president of the Balochistan National Party-Mengal (BNP-M), Sardar Akhtar Mengal, said here on Thursday that the fate of the ambitious China-Pakistan Economic Corridor (CPEC) project would not be different from that of the Kalabagh dam without addressing the concerns of Baloch people...

    Addressing a press conference along with Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan, he said “our concerns on the CPEC project are...
  • Imran to address rally in Lahore on Friday

    ISLAMABAD: Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan will address a public meeting in Lahore on Friday as ‘his contribution’ to the campaign of his party’s candidate for by-election for the National Assembly seat NA-120, polling for which is scheduled for Sept 17...

  • PM, Imran and Siraj to address public meetings in Mansehra

    MANSEHRA: Prime Minister Nawaz Sharif, Pakistan Tehreek-i-Insaf chairman Imran Khan and Jamaat-i-Islami chief Sirajul Haq are due to address public meetings here this week, as electioneering for the May 30 local government elections is gaining momentum in the district...

    Mr Sharif is likely to address a public gathering at Thakara Stadium on May 21, which might increase the tempo of electioneering in the district...

  • President Xi to address parliament on 21st

    The sources said that before the address, the Chinese president, to be accompanied by National Assembly Speaker Ayaz Sadiq, will go to the meeting hall to meet presiding officers of the two houses of parliament and other dignitaries...

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