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Profiting from tragedy: Fire safety equipment prices surge after Gul Plaza tragedy

All over the world, tragedies lead to awareness, but in Pakistan, some turn these events into an opportunity to make money

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Hammad Qureshi

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A business journalist with 18 years of experience, holding an MS in Finance from KU and a Google-certified Data Analyst. Expert in producing insightful business news content, combining financial knowledge with data-driven analysis.

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Profiting from tragedy: Fire safety equipment prices surge after Gul Plaza tragedy play icon
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All over the world, tragedies lead to awareness, but in Pakistan, some turn these events into an opportunity to make money.

After the Gul Plaza fire that claimed dozens of lives, the prices of fire safety equipment have surged in Karachi. As the demand for fire extinguishers went up, their prices more than doubled from PKR 1,700 to around PKR 4,000.

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