Majid Al Futtiam invests further Rs1bn in Carrefour: Razzak Dawood

News Image

MG News | January 12, 2022 at 12:55 PM GMT+05:00

January 12, 2022 (MLN): Majid Al Futtiam, an Emirati holding company based in Dubai has invested a further Rs 1 billion to its current investment Rs9.5bn  in Carrefour, Abdul Razzak Dawood, the adviser to the Prime Minister on Commerce and Investment informed via his Twitter handle on Wednesday.

The retail sector of Pakistan is showing great growth and confidence in government policies, he added.

In a series of tweets, he congratulated Majid  Al Futtaim on the achievement and urge the business community to invest in Pakistan.

He also assured that the government and institutions will extend full support to investors.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 175,802.79
267.06M
-1.30%
-2320.78
ALLSHR 106,568.29
617.78M
-1.25%
-1352.24
KSE30 52,497.68
83.82M
-1.25%
-665.92
KMI30 247,323.37
106.69M
-1.37%
-3422.76
KMIALLSHR 68,315.26
363.70M
-1.37%
-952.13
BKTi 49,936.11
23.35M
-1.18%
-594.28
OGTi 34,758.02
9.23M
-1.71%
-605.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 64,060.00 64,525.00
62,570.00
-325.00
-0.50%
BRENT CRUDE 88.16 88.33
83.71
3.93
4.67%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-0.65
-0.61%
ROTTERDAM COAL MONTHLY 119.80 120.30
119.80
0.00
0.00%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 81.76 82.07
77.93
3.48
4.45%
SUGAR #11 WORLD 14.82 14.94
14.39
0.38
2.63%

Chart of the Day


Latest News
July 18, 2026 at 12:37 AM GMT+05:00

Govt raises petrol price by Rs5, diesel by Rs31 per litre


July 17, 2026 at 06:51 PM GMT+05:00

Petroleum import bill clocks in at $1.5bn in June


July 17, 2026 at 06:28 PM GMT+05:00

Textile exports rise 13.5% YoY in June


July 17, 2026 at 05:39 PM GMT+05:00

Pakistan’s import payments climb to $64.5bn in FY26



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg