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Dawlance was founded in 1980 by Bashir Dawood, a member of Dawood family, as a manufacturer of refrigerators. [5] In 1988, the company expanded its product line by introducing deep freezers. [5] In the mid-1990s, Dawlance began manufacturing air conditioners, microwave ovens, washing machines and water dispensers in Pakistan. [5]
In 2017, Arçelik acquired Pakistan’s Dawlance for $243M. [24] In 2017, Arçelik and Tata Group has announced a new partnership. Arçelik and Voltas will form a joint-venture in India named Voltbek Home Appliances Ltd. This entity will provide manufacturing, sales, and after-sales services for VoltasBeko branded home appliances (refrigerators ...
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The Core i7 brand targets the business and high-end consumer markets for both desktop and laptop computers, [50] and is distinguished from the Core i3 (entry-level consumer), Core i5 (mainstream consumer), and Xeon (server and workstation) brands. Introduced in late 2008, Bloomfield was the first Core i7 processors based on the Nehalem ...
In 2004, Haier began manufacturing home appliances in Pakistan, including microwave ovens. [1] In 2015, Haier invested $5 million to establish a mobile phone assembly plant in Lahore, which would annually manufacture over 1.5 million cellphones for the Pakistani market. [3] In 2017, Haier established a plant to assemble laptops in Pakistan. [4]
Nestlé Pakistan Limited (/ ˈ n ɛ s l eɪ / NESS-lay) is a Pakistani food company which is a subsidiary of Swiss multinational company Nestlé. [2] It is active in dairy, confectionery, coffee, beverages, infant nutrition and bottled drinking water areas. [3] [4] [5] It is based in Lahore, Pakistan. Nestlé trades on the Pakistan Stock ...
The Pakistan Meteorological Department reported Severe Heatwave conditions occurring on 21–31 May 2024 through most of the country, and primarily in Sindh.Temperature highs rose to 40–42 °C (104–108 °F) in Karachi and 42–44 °C (108–111 °F) in Thatta, Badin and Sujawal districts, causing 2,547 reported instances of heat stroke and 133 livestock deaths.
In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in ...