Shell, Al Shaheer sign MoU

Shell Pakistan Limited and Al Shaheer Corporation Limited have signed a Memorandum of Understanding (MoU) to collaborate in their retail business in Pakistan. Under the terms of this MoU, Shell and Al Shaheer would jointly assess the opportunities for having the Meat One branded shops, chillers and products across the 700 plus Shell retail sites across Pakistan over the coming years. "The first Meat One shop at a Shell retail site will commence operations in July 2016 in Karachi," said a stock filing by Al Shaheer.