Pakistan News

    Royal Foods Karachi

  • FDA to cut trans fats from processed foods

    NEW YORK: The US Food and Drug Administration on Tuesday made good on its proposal to effectively ban artificial trans fats from a wide range of processed foods, from microwave popcorn to frozen pizza, saying they raise the risk of heart disease...

  • Dutch company to acquire Engro Foods Ltd

    KARACHI: A Dutch dairy cooperative is set to buy out food giant Engro Foods Limited with an investment of around $460million, in what would amount to the largest private sector takeover by a foreign firm in the country's history...

    FrieslandCampina International Holding BV intends to acquire a 51 per cent stake of Engro Foods Limited, one of the largest listed companies at the Pakistan Stock Exchange (PSX), a notification on the...

  • Dutch firm buys Engro Foods for $450m

    KARACHI: Engro Corporation has finally entered into an agreement with a Netherlands-based dairy cooperative to sell up to 51 per cent shares in its subsidiary Engro Foods at an estimated cost of $448 million...

    Earlier on March 3, FrieslandCampina announced that it intended to acquire up to 51pc of voting shares of Engro Foods in line with local takeover laws...

  • Engro Foods’ profit drops by 25pc to Rs2.4bn

    KARACHI: Engro Foods posted a net profit of Rs2...

    “We attribute the decline in revenue to a heated competition in the dairy segment owing to the entrance of new players (Dostea, CupShup etc), especially in the tea-whitening category, which has affected the sale of Engro Foods’ largest dairy brand Tarang,” according to Topline Securities...

  • WHO concerned over sugary baby foods

    COPENHAGEN: Commercial baby foods often contain too much sugar and display confusing ingredient lists, according to a UN report that proposed new guidelines on Monday to improve infant diets...

    The WHO noted that while foods that naturally contain sugars, such as fruits and vegetables, can be appropriate in young child diets, “the very high levels of sugars present in commercial products is a cause for concern”...

  • Karachi Kings off to royal start

    DUBAI: A hat-trick by paceman Mohammad Amir followed by impressive half-centuries from Lendl Simm­ons and Shakib Al Hasan helped Karachi Kings outplay Lahore Qalan­dars by seven wickets in the PSL match here at the Dubai International Cricket Stadium on Friday...

    A 109-run third-wicket stand between Simmons and Shakib made the modest 126-run chase easy after Karachi made a disastrous start, losing two early wickets for just four runs...

  • Karachi’s role in Royal Indian Navy mutiny explored

    KARACHI: To mark the 70th anniversary of the Royal Indian Navy mutiny that took place on Feb 18, 1946, the Perween Rahman Lecture Series organised a talk by researcher Aslam Khwaja, which delved into the role the city of Karachi played at the time of the mutiny...

    “Both fronts played an integral role in the mutiny and during clashes in Karachi 14 Indian naval officers and over a dozen civilians lost their lives,” he said...

  • Royal Air Force's Red Arrows arrive in Karachi, perform aerobatics

    KARACHI: United Kingdom’s renowned aerobatic team Red Arrows arrived in the country on Tuesday, said a statement released by the Pakistan Air Force...

    The aerobatic team, led by Squadron Leader David of the Royal Air Force (RAF), performed aerobatics over the skies of the metropolis and attracted a large number of spectators, added the statement...

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