Business

US Dollar falls 23 paisa in interbank

By The Frontier Post | October 25, 2018

F.P. Report KARACHI: The US dollar further slipped by 23 paisa against Pakistani Rupee on Thursday and the Dollar is being traded around Rs 131.80 in interbank market. According to reports, the buying price of dollar is Rs130.50 while selling price is Rs132. In the last two days the Dollar value is been declined at…

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Dubai retail giant invests $30 million in Saudi grocery delivery platform

By The Frontier Post | October 25, 2018

RIYADH: UAE-based retail giant Majid Al Futtaim has announced an investment in Wadi Group which operates Wadi Grocery, the fastest growing online grocery delivery platform in Saudi Arabia. The investment in Wadi is part of a $30 million funding round that will help fuel Wadi Grocery’s growth, a statement said. As part of the agreement,…

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Tesla increases price of its new Model 3

By The Frontier Post | October 25, 2018

BEJING (Reuters): A Tesla Model 3 car is on display during the Auto China 2018 at China International Exhibition Center on April 25, 2018 in Beijing, China. Tesla has increased the price for its new Model 3 sedan launched last week by $1,000 to $46,000, according to the company’s website. The electric carmaker surprised markets…

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