Karachi’s Rainbow Centre: From ‘glorious’ entertainment hub to relic of the past

In this picture, taken on May 5, 2023, shop owner Syed Ghulam Mohiuddin (R), gestures at his CD shop in Karachi's popular entertainment hub "Rainbow Center" in the Saddar area. (AN Photo)
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Updated 09 May 2023
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Karachi’s Rainbow Centre: From ‘glorious’ entertainment hub to relic of the past

  • The bustling market, set up in 1980, thrived in the decades of VHS tapes, CDs and DVDs
  • Now cloth merchants, dry fruit sellers and food vendors line the alleys of Rainbow Centre

KARACHI: In 1980s Karachi, if you wanted to be the first to watch a new movie or TV or stage drama on video cassette, Rainbow Centre was the place to go.

But the bustling entertainment market, which thrived in the decades of VHS tapes, CDs and DVDs, where even celebrities and cricket stars came to attend launches of new releases or buy copies of their own content, has been all but killed by the internet and smartphones.

Today, cloth merchants, dry fruit sellers and food vendors line the alleys of Rainbow Centre, a quiet and unrecognizable shadow of its lustrous past.

At the end of a narrow corridor flanked by clothing shops, ‘Mehran Video Urgent Recording’ is one of the last few CD shops left in Rainbow Center, located in downtown Karachi’s Empress Market where it was set up in 1980.

“There was a time when people would flock to the shops here to buy whatever entertainment treasures they had to offer such as cultural programs, stage shows, and old Pakistan Television dramas,” Syed Ghulam Mohiuddin, the owner of the shop, told Arab News as he pushed a VHS tape into a dusty VCR.

“Now, in current times all these programs can be watched through the internet on mobile phones and YouTube.”

The only people who still showed up for business at the 10-15 remaining entertainment stores at Rainbow Centre were those who wanted to have old wedding or family videos turned into DVDs, the shop owner said.

“This is the last thing that remains here now,” Mohiuddin said as a shop keeper next door folded brightly coloured sports jerseys at his clothing store. 

Once upon a time, however, it was a different story.

When a new film or TV or stage drama came out, the celebrities themselves showed up to the market to promote, and sometimes even to obtain copies of, their content.

“The hero himself and the ones who had played a role in the story, all those characters would come here and feel happy seeing their film or drama being released,” Mohiuddin said.

Fazal Mehmood, the owner of an adjacent CD shop, recalled the long queues that formed in anticipation of new stage dramas, especially when legendary actors and comedians like Umar Sharif and Moin Akhtar visited the market. The stars of the stage would also make appearances for launches, adding to the excitement of customers.

“A lot of cricketers visited this place, former cricketers used to come here to buy these VCR cassettes,” the shop owner said.

But now times had changed, he said, and all he had left were memories - and no regrets.

“The past is always glorious. I've spent 40 years in this market,” Mehmood said. “So, the glory is always remembered. That is immortal in my memories.”


Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

Updated 19 February 2026
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Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

  • Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
  • Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office 

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday. 

The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida. 

Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff. 

“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said. 

It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.

“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added. 

Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.