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 177,873.88
195.45M
0.28%
500.11
ALLSHR 106,712.07
1,040.19M
0.56%
589.19
KSE30 51,887.21
103.81M
0.29%
152.18
KMI30 255,042.46
89.67M
0.46%
1169.47
KMIALLSHR 69,162.85
342.71M
0.85%
584.42
BKTi 48,733.27
19.48M
-0.22%
-108.13
OGTi 36,043.06
20.06M
2.70%
947.37
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 65,520.00 68,420.00
65,050.00
-3395.00
-4.93%
BRENT CRUDE 96.29 97.13
95.06
0.47
0.49%
RICHARDS BAY COAL MONTHLY 127.15 0.00
0.00
-1.45
-1.13%
ROTTERDAM COAL MONTHLY 138.00 138.00
137.90
0.60
0.44%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 88.92 89.64
87.80
0.18
0.20%
SUGAR #11 WORLD 18.40 18.54
18.16
0.18
0.99%

Chart of the Day


Latest News
November 14, 2026 at 08:42 PM GMT+05:00

Provinces post Rs600bn combined surplus in 1QFY27


November 14, 2026 at 06:27 PM GMT+05:00

World Bank approves $300m water project for Sindh


November 14, 2026 at 01:10 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


November 14, 2026 at 12:17 PM GMT+05:00

Petrol price cut by Rs2 per litre, diesel rate unchanged


November 14, 2026 at 12:04 PM GMT+05:00

Weekly Market Roundup



Top 5 things to watch in this week

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