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       KARACHI: Industrialists in Hub announced an indefinite strike starting Thursday due to ongoing water shortages disrupting production activities, leading to significant financial losses.

       The Hub Chamber of Commerce Industry (HCCI) spokesperson said, “We have exhausted all channels of communication from repeated complaints to local government bodies, yet the issue remains unresolved.”

       He added that production activities cannot be continued without water, and industrialists have no choice but to take this drastic step.

       He said the lack of water supply has not only affected the operations of factories but also placed the livelihoods of workers and residents at risk.

       HCCI has emphasised that the strike will remain in place until the water issue is addressed, urging the local authorities to act swiftly and find an immediate solution to ensure the continuity of business operations in the area.

       National Foods shuts Dubai unit

       National Foods DMCC, based in Dubai, has decided to close its subsidiary National Foods (FZE), which is registered in Sharjah. The parent company, National Foods Ltd, disclosed the development in a stock filing on Monday.

       “We would like to inform you that the company’s wholly owned subsidiary, National Foods DMCC, based in Dubai, has completed the liquidation and closure of FZE,” read the notice.

       Published in Dawn, February 18th, 2025