While leading automakers such as Pak Suzuki and Kia have raised vehicle prices following the implementation of new taxes under the Federal Budget 2025–26, Sazgar Engineering has taken a different approach. In an official announcement, the company stated that it will absorb the cost of the newly introduced New Energy Vehicles (NEV) Adoption Levy. As a result, Haval vehicle prices will remain unchanged. This decision comes at a time when Pak Suzuki Motor Company and Kia Lucky Motors increased their prices, citing the increased sales tax rate and additional levies introduced in the new fiscal policy. Suzuki models like the Alto, Cultus, and Swift saw noticeable price hikes, while Kia increased rates across most of its popular vehicles, including Sportage and Picanto. Sazgar, on the other hand, emphasized its commitment to customer welfare by maintaining price stability. “As a responsible and customer-focused organization, Sazgar has consistently taken proactive measures to protect t...
In a significant development, Saudi Arabia’s foreign minister hinted at the kingdom’s willingness to recognize Israel, contingent on a comprehensive deal inclusive of Palestinian statehood.
This revelation, made at the World Economic Forum, underscores the evolving dynamics in the Middle East. The prospect of a Saudi-Israel normalization deal could reshape the region’s geopolitics, with potentially far-reaching consequences.
The path to this diplomatic breakthrough, however, faces challenges, including the recent conflict between Israel and Hamas that temporarily halted plans for normalization. The article explores the implications of such a landmark agreement and its potential impact on regional stability.
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