Traders say Karachi plaza fire caused $54 million losses as death toll climbs to 71

Rescue and emergency team members gather at the entrance, following a massive fire that broke out in the Gul Plaza Shopping Mall in Karachi, Pakistan, January 23, 2026. (Reuters)
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Updated 23 January 2026
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Traders say Karachi plaza fire caused $54 million losses as death toll climbs to 71

  • Rescuers work through unstable debris as identification continues, compensation announced
  • Rising death toll underscores scale of the disaster and the challenges now facing forensic teams

ISLAMABAD: A deadly fire at a major shopping plaza in Pakistan’s largest city of Karachi has killed at least 71 people and caused estimated losses of up to Rs15 billion ($53.6 million), traders and officials said on Friday, as recovery teams continue searching unstable debris and families await identification of victims.

The fire broke out on Jan. 17 at Gul Plaza, a densely packed commercial complex in the heart of Karachi that housed more than 1,200 shops. The blaze burned for over 24 hours before being brought under control, trapping workers and shoppers inside and leaving large sections of the building structurally unsafe.

Deadly fires are a recurring problem in Karachi, a city of more than 20 million people, where overcrowded markets, aging infrastructure, illegal construction and weak enforcement of safety regulations frequently contribute to disasters. Officials say a blaze of this scale is rare.

“We have processed 71 sets of remains, of which 20 have been identified,” chief police surgeon Dr. Summaiya Syed said on Friday, underscoring the scale of the disaster and the challenges facing forensic teams.

Identification has been significantly slowed by the condition of the remains recovered from the site, Syed said, noting that many bodies were found in fragments, complicating DNA analysis and prolonging the process for families waiting for confirmation.

Tanveer Pasta, president of the Gul Plaza Market Association, said all shops in the plaza were destroyed, estimating total losses at up to Rs15 billion ($53.6 million).

“There were big importers sitting here,” he told Arab News on Thursday. “Just three days before this fire, 31 [shipping] containers were unloaded.”

Relatives of dozens of missing persons have remained near the destroyed plaza and at hospitals even after submitting DNA samples, with some families expressing frustration over the pace of recovery and identification.

Karachi Mayor Murtaza Wahab said the city administration remained focused on rescue operations and on returning victims’ remains to their families as quickly as possible. His remarks came after he visited the homes of several victims, according to a statement from his office.

“Rescue personnel of the Karachi Metropolitan Corporation are still engaged in the rescue operation, while the administration is making every effort to hand over [remains] of the victims, loved ones to their families at the earliest,” Wahab was quoted as saying.

Earlier this week, the Sindh provincial government announced compensation of Rs10 million ($35,720) for the family of each person killed in the blaze and said affected shopkeepers would also receive financial assistance.

Authorities have not yet confirmed the cause of the fire. Police have said preliminary indications point to a possible electrical short circuit, though officials stress conclusions will only be drawn after investigations are completed.
 


Pakistan deputy PM speaks with Iranian FM as Saudi Arabia intercepts missiles and drones

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Pakistan deputy PM speaks with Iranian FM as Saudi Arabia intercepts missiles and drones

  • Ishaq Dar expresses concern over evolving regional situation as both officials agree to remain in contact
  • Pakistan earlier reminded Tehran of its mutual defense pact with Saudi Arabia during diplomatic outreach

ISLAMABAD: Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar spoke with Iranian Foreign Minister Seyyed Abbas Araghchi on Friday amid escalating tensions in the Gulf, including recent missile and drone attacks targeting Saudi Arabia that were intercepted by the Kingdom’s air defenses.

The call comes as Islamabad remains in contact with both Tehran and Gulf states to prevent the widening Iran conflict from spilling further across the region, particularly after attempted strikes on Saudi territory, a sensitive development for Pakistan, which signed a mutual defense pact with the Kingdom last year.

Pakistan’s foreign ministry said Dar raised concerns about the evolving regional situation during the conversation.

“Deputy Prime Minister/Foreign Minister Senator Mohammad Ishaq Dar spoke this evening with the Foreign Minister of Iran, Seyyed Abbas Araghchi,” the ministry said in a statement.

“The DPM/FM expressed concern over the evolving regional situation. The two agreed to remain in touch on the developments,” it added.

The ministry did not share details of the conversation, though it came amid fast-moving developments in the region, with Saudi Arabia saying its air defenses intercepted multiple missiles and drones early on Friday.

Earlier this week, Prime Minister Shehbaz Sharif’s adviser on political affairs Rana Sanaullah said Pakistan was in contact with Iran to discourage attacks on Gulf countries and prevent misunderstandings.

“Such attacks should not be carried out from Iran’s side,” he told Geo TV.

Prior to that, the deputy prime minister told Pakistan’s Senate that Islamabad had engaged both Iran and Saudi Arabia at the outset of Iran’s retaliation in the region, reminding Tehran of its defense agreement with Saudi Arabia and conveying assurances from Riyadh that Saudi territory would not be used against Iran.

Pakistan says its administration is striving to end the conflict, though the United States-Israeli strikes on Iran, which triggered the war and led to its spillover, have only intensified.

Iranian President Masoud Pezeshkian said on Friday some countries had begun mediation efforts but insisted Tehran would defend its sovereignty.

Meanwhile, US President Donald Trump has called for Iran’s “unconditional surrender” on his Truth Social platform as the confrontation shows little sign of easing.