Middle East war squeezes Pakistan's Rs 900 million wedding economy
Synopsis
Key Takeaways
The ongoing Middle East conflict is delivering a measurable blow to Pakistan's wedding industry, with venue prices surging, guest lists shrinking, and wedding-tech startup Shadiyana reporting a sharp contraction in consumer spending, according to a report in Pakistani daily Dawn by Fatima S Attarwala, host of All Things Money.
Rising Costs and Pricing Volatility
Izzah Zaman, co-founder of wedding-tech startup Shadiyana, told Dawn that amid surging fuel rates and inflation, pricing volatility has reached new highs.