KARACHI: Yasmeen Bano stood on the edge of MA Jinnah Road, staring at the blackened remains of Gul Plaza, a shopping center that for decades had been a gateway to financial independence for small traders in Pakistan’s commercial capital. For Bano, a 55-year-old businesswoman, the charred structure represents far more than a shopping mall. It held the labor of two decades, the savings of a lifetime and the fragile economic security of her family, all wiped out in a deadly fire that tore through the multi-story plaza last week.

ISLAMABAD/KARACHI: A deadly fire at a major shopping plaza in Pakistan’s largest city of Karachi has caused estimated losses of up to Rs15 billion ($53.6 million), a traders…

KARACHI: Yasmeen Bano stood on the edge of MA Jinnah Road, staring at the blackened remains of Gul Plaza, a shopping center that for decades had been a gateway to financial…