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KE asserts that recent tariff adjustment will not be entirely applicable on consumer bills

Karachi, January 03, 2020: Spokesperson K-Electric reiterates that different figures ranging from PKR 4 upwards being circulated in media circles as increase in consumer bills are misleading. According to the Spokesperson, “Some News Channels and Publications have quoted a figure of more than PKR 4 being increased in the end consumers’ monthly bills which is…

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Uber completes acquisition of Careem

Karachi, January 03, 2020: Uber (NYSE: UBER) today confirmed the official close of the previously announced acquisition of Careem for $3.1 billion. Careem Networks FZ-LLC has become a wholly-owned subsidiary of Uber, preserving its brand. Careem co-founder and CEO Mudassir Sheikha will continue to lead the Careem business, which will report to a board made…

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