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Fire at Karachi’s PSX brought under control: rescue officials

by News Publishing
08/07/2024
in Business, Economy, Finance, Main
Reading Time: 4 mins read
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Fire at Karachi’s PSX brought under control: rescue officials
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A fire that broke out at the Pakistan Stock Exchange (PSX) building in Karachi on Monday has been brought under control, according to rescue officials.

Sindh Rescue 1122 spokesperson Hassaan Khan reported that no loss of life occurred due to the fire. The blaze initially ignited on the fourth floor of the Ali Habib Trading Company building on I.I. Chundrigar Road. The cooling process of the building is currently underway.

Upon receiving information about the fire, Rescue 1122’s Central Command and Control dispatched two fire brigade trucks to the scene to combat the flames. Additionally, one snorkel and a total of six fire brigades were deployed to extinguish the fire.

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In February, the Karachi Metropolitan Corporation informed the Sindh High Court that it had conducted a fire safety audit of over 265 commercial buildings. Shockingly, not a single building had a fire safety certificate or a no-objection certificate (NOC) issued by the fire brigade department. The report, filed on behalf of Metropolitan Commissioner Afzal Zaidi, highlighted serious shortcomings observed during the audit.

In November, a woman suffered burn injuries after a fire erupted in a multi-storey building on I.I. Chundrigar Road. The fire started on the third floor of the Business and Finance Centre and spread to the sixth floor. DIG Raza stated that there were 300 offices in the building with 2,000 employees, all of whom were safely evacuated.

This is a developing story and will be updated as more information becomes available. Initial reports in the media can sometimes be inaccurate, but we strive to ensure timeliness and accuracy by relying on credible sources, including concerned authorities and our staff reporters.

Tags: Fire at Karachi’s PSX buildinglatestPakistanPakistan Stock ExchangePSX

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