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 178,922.76
458.03M
-1.36%
-2475.46
ALLSHR 107,850.27
1,038.22M
-1.24%
-1356.82
KSE30 53,308.95
263.66M
-1.46%
-789.54
KMI30 255,193.17
241.09M
-1.46%
-3789.62
KMIALLSHR 69,955.81
579.69M
-1.31%
-930.18
BKTi 48,839.93
52.13M
-1.20%
-593.67
OGTi 36,450.04
22.36M
-1.87%
-693.83
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 63,105.00 63,415.00
62,315.00
160.00
0.25%
BRENT CRUDE 80.38 80.81
78.77
0.53
0.66%
RICHARDS BAY COAL MONTHLY 115.00 0.00
0.00
-0.25
-0.22%
ROTTERDAM COAL MONTHLY 125.50 0.00
0.00
1.20
0.97%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 76.54 76.78
74.98
0.69
0.91%
SUGAR #11 WORLD 14.14 14.50
14.10
-0.23
-1.60%

Chart of the Day


Latest News
June 19, 2026 at 06:08 PM GMT+05:00

Govt slashes petrol price by Rs74/litre, HSD by Rs67


June 19, 2026 at 05:22 PM GMT+05:00

GEMPACRA opts out of TISL rights issue


June 19, 2026 at 05:11 PM GMT+05:00

PKR inches up against USD


June 19, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: Red Avalanche



Top 5 things to watch in this week

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