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Pak Elektron Ltd (PEL) was founded in 1956 through a technical collaboration with AEG.In 1978, PEL was acquired by Saigol Group and was taken public a decade later. In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan.
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In 2004, Pakistan Petroleum was listed on the Karachi Stock Exchange, following an initial public offering at PKR 55 per share. [4] In 2012, Pakistan Petroleum acquired MND operations in Pakistan for $180 million. [5] Later, it was unearthened that Pakistan Petroleum paid twice the market value and this resulted in the loss of PKR 6.21 billion. [6]
Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. As of 1 January 2025 Pakistan inflation rate was 4.1% lowest in 6.75 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...
Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the fifth-most populous country, with a population of over 241.5 million, having the second-largest Muslim population as of 2023. Islamabad is the nation's capital, while Karachi is its largest city and financial centre. Pakistan is the 33rd-largest country ...
Pakistan Muslim League (N) – 8 Farooq Leghari (1940–2010) 14 November 1993 2 December 1997 4 years, 18 days Pakistan People's Party: 1993 — Wasim Sajjad (born 1941) acting: 2 December 1997 1 January 1998 30 days Pakistan Muslim League (N) 9 Muhammad Rafiq Tarar (1929–2022) 1 January 1998 20 June 2001 3 years, 170 days Pakistan Muslim ...
The Pakistan Air Force, which already was operating Dassalt Mirage IIIs and Dassalt Mirage 5s, began its procurement of second-hand Mirage fighters from Australia, Lebanon, Libya, and Spain at the price range within the MoD's fund. [17] Over 90% of the aircraft were retrofitted at the Aeronautical Complex in Kamra; few were upgraded in France. [17]
Consequently, most of the reported health problems in Pakistan are either a direct or indirect result of polluted water. [8] 45% of infant deaths are due to diarrhea and 60% to overall waterborne diseases. [9] According to researchers, Pakistan is projected to become the most water-stressed country in the region by the year 2040. [10]