Pakistan’s Car Market Offers More Choice but Parts Localization Remains Uncertain
New brands and electric vehicles are reshaping the automotive market, but uncertain sales volumes are making local parts production harder to plan.
Year: 2026
Colgate-Palmolive Buys P&G Port Qasim Factory After Exit
Colgate-Palmolive Pakistan has agreed to acquire Procter & Gamble’s 58-acre Karachi manufacturing site as the multinational winds down its local operations.
South African Rand: Currency Gains as Lower Oil Prices Ease Inflation Concerns
The South African Rand strengthened in early trading on Monday as softer oil prices eased inflation concerns, while investors assessed the results of municipal elections and ongoing coalition negotiations.
Nvidia Probe: Analysts Divided Over Jensen Huang’s Future as CEO
Nvidia Probe into whether Chief Executive Jensen Huang was targeted by a foreign intelligence operation has sparked differing reactions among investors, analysts and political figures, with concerns ranging from corporate governance to potential national security risks.
Google Investment: $15 Billion Malaysia Expansion to Boost Data Centres and Clean Energy
Google Investment plans worth $15 billion will expand the company’s data centre infrastructure in Malaysia during 2027 and 2028, alongside initiatives to strengthen clean energy, water security and workforce skills.
AirV Electric Bikes: Air Link Communication Enters Pakistan’s Motorcycle Market
AirV Electric Bikes mark a new business direction for Lahore-based Air Link Communication, which has expanded beyond smartphone assembly into Pakistan’s electric motorcycle market.
Tesla Cybertruck: Musk Plans to Scale Back Production by Mid-2027
Tesla plans to scale back Cybertruck production at its Texas Gigafactory by mid-2027 as the electric vehicle maker shifts manufacturing capacity towards its autonomous Cybercab programme amid declining pickup sales.
Krakow Shooting: Gunman Dies in Hospital After Killing Six in Poland
A 24-year-old gunman who killed six people in a mass shooting in central Krakow, Poland, on Saturday has died in hospital, police said early Monday.
Aramco Tower: Debris From Missile Attack Damages Saudi Arabia’s Riyadh Office
Saudi Aramco’s corporate office in Riyadh sustained damage after debris from an intercepted missile attack struck the building, as escalating hostilities between Saudi Arabia and Yemen’s Houthi movement raised fresh security concerns.
Egypt Train Collision: At Least 7 Killed and 112 Injured Near Cairo
Two passenger trains collided south of Cairo, derailing several carriages and prompting emergency rescue operations and a government investigation into the cause of the crash.