Lals Pâtisserie in Karachi wins prestigious La Liste ‘Pastry Discovery Gem Award’ 2024

The picture shared by La Liste shows Lal Majid (center), owner of Pakistan’s luxury chocolate shop, Lals Pâtisserie. (La Liste)
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Updated 02 September 2024
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Lals Pâtisserie in Karachi wins prestigious La Liste ‘Pastry Discovery Gem Award’ 2024

  • La Liste is world’s most selective global guide of restaurants, pastry shops and hotels
  • Lals was founded by Lal Majid and opened in Karachi’s Zamzama neighborhood in 2006

ISLAMABAD: Pakistan’s Lals Pâtisserie, a luxury chocolate shop that opened in Karachi in 2006, has won the ‘Pastry Discovery Gem Award 2024’ by the prestigious Paris-based La Liste, the world’s most selective global guide of restaurants, pastry shops and hotels.

The annual pastry awards celebrate the “diversity of talents, the creativity and audacity, education, and the commitment to values such as seasonality and biodiversity.”

“Lals Pâtisserie in Pakistan is the creation of the inspirational chocolatier Lal Majid, who as a child dreamed of owning a chocolate house like the one in her favorite story, Hansel and Gretel,” La Liste said on its website. 

“She made her dream come true by opening her first luxury chocolate shop in prestigious Zamzama, Karachi, in 2006. Over the past 14 years, Lal has poured her love, passion, and dedication into building the Lals brand, which is now recognized nationwide for its high quality chocolates, pastries, and freshly made gelato.”

La Liste said Majid’s pursuit of sweet perfection was evident in every creation, from the classic chocolate cake and red velvet cupcakes to the innovative honey baklava tart and coconut tea cake. 

“The flagship multi-story Lals Pâtisserie on Khayaban-e-Shahbaz offers an array of sweet and savory delights, including premium Italian-style gelato, waffles, crepes, and a wide range of hot and iced coffees,” the French ranking said. “Under Lal’s supervision, the kitchen produces an enticing selection of pastries, ensuring that every bite is a celebration.”

The Canadian Farine & Cacao pastry shop, which has been named one of the top pâtisseries in the world in the past, Chez Dodo, a charming pastry shop near St. Stephen’s Basilica in Budapest, and Alanya, a pastry shop in Lima’s bohemian Barranco district, also won the ‘Pastry Discovery Gem Award 2024’ alongside Majid among international contenders. 
 


Pakistan stocks edge higher as export financing, industrial power tariffs are cut

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Pakistan stocks edge higher as export financing, industrial power tariffs are cut

  • KSE-100 index gained 1,607.26 points, or 0.88%, to close at 183,945.38
  • Rebound follows steep sell-off a day earlier amid regional geopolitical tensions

ISLAMABAD: Pakistan’s stock market rebounded on Friday, with the benchmark index gaining more than 1,600 points, as analysts pointed to cuts in export refinancing rates and lower electricity tariffs for industrial consumers as key drivers of the recovery.

The KSE-100 index rose 1,607.26 points, or 0.88%, to close at 183,945.38, up from 182,338.12 a day earlier, according to Pakistan Stock Exchange (PSX) data.

The uptick followed Prime Minister Shehbaz Sharif’s announcement of a Rs4.4 per unit cut in electricity tariffs for industrial consumers, alongside a reduction in the export refinance rate from 7.5% to 4.5%.

“Stocks staged an early recovery at the PSX on institutional buying in oversold scrips after the prime minister’s assurance to renegotiate the IMF deal, along with cuts in the export refinance rate to 4.5% and industrial power tariffs by Rs4.4 per unit,” Arif Habib Commodities Chief Executive Officer Ahsan Mehanti told Arab News.

He added that higher global crude oil prices and earnings-season speculation also acted as catalysts for bullish activity.

According to local media reports last week, Pakistan is seeking flexibility in IMF lending conditions for the 2026–27 budget and aims to renegotiate its agreement to complete the remaining $7 billion under the Extended Fund Facility (EFF) and a $1.4 billion Resilience and Sustainability Facility (RSF) by September 2027.

The rebound came a day after Pakistani stocks plunged 6,042.26 points on Thursday, a drop analysts attributed to heavy selling and heightened geopolitical tensions between Iran and the United States.

Those concerns intensified after US President Donald Trump warned Iran this week that “time is running out” to reach a deal on its nuclear program, amid a steady buildup of US military forces in the Gulf.