PM directs power ministry, heads of DISCOs to improve efficiency
ISLAMABAD
Prime Minister Shahid Khaqan Abbasi Friday directed Ministry of Power and the heads of the power distribution companies (DISCOs) to come up...
OGDCL profits disappoint as increase of 6.3pc reported for FY 2016-17
Karachi: In a notification sent to the bourse on Friday, Oil and Gas Development Company Ltd announced its results for the financial...
Pakistan Petroleum Ltd profits surge by 107pc for FY 2016-17
Karachi: In a notification sent to the bourse on Friday, Pakistan Petroleum Limited (PPL) announced its results for the financial year 2016-17...
Post penalty HBL appoints ex-SBP governor Ashraf Wathra as consultant international operations
Profit Exclusive
Lahore:Â Taking cognizance of the negative fallout of its exit from the United States, on top of a hefty US$225 million fine,...
Kohinoor Textile Mill reports 9.33pc increase in profits for FY 2016-17
Karachi: In a notification sent to the bourse on Thursday, Kohinoor Textile Mills Limited (KTML) announced its annual financial results for the...
Senators raise questions over perks being granted to PSO MD
 Islamabad: Senators on Wednesday questioned the salary, allowances and perks being  enjoyed by Pakistan State Oil (PSO) Managing Director Imranul Haque.
During the...
KPMG report suggests OGRA to permit 7.1pc UFG allowance for SSGC and SNGL
Karachi: Consultant KPMG Taseer Hadi and Co hired by Oil and Gas Regulatory Authority to provide independent advice for the proposed breakup...
Pakistan’s exports to Spain rose 5.43pc for FY 2016-17
Islamabad: The GSP+ plus facility which was introduced to boost Pakistani exports to the European Union (EU), seems to have paid dividends,...
SSGC intensifies effort to control natural gas theft
KARACHI
Spurred on by the Gas Theft Control and Recovery Act 2016, passed by the current National Assembly, SSGC has intensified its efforts...
Govt finalises plan to end electricity crisis prior to elections 2018
ISLAMABAD
The federal government has finalised a plan to end electricity crisis prior to next general elections in the country by rationalising the...
OGDCL, MOL Group sign MoU on strategic cooperation
ISLAMABAD
The Oil and Gas Development Company Limited (OGDCL) and MOL Group have announced forming a strategic cooperation initiative for evaluating future potential...
Senate committee expresses concerns over non-availability of agri-credit
ISLAMABAD
Senate’s Standing Committee on National Food Security and Research here on Wednesday expressed its concerns over the non-availability of credit for the...
Asset base of Islamic banking industry grew by 8pc during April-June 2017 quarter
Karachi: An Islamic Bulletin Banking report issued by the State Bank of Pakistan on Monday revealed that the asset base of the...
Kohinoor Mills reports 12.77pc increase in profits for FY 2016-17
Karachi: In a notification sent to the bourse on Thursday, Kohinoor Mills Limited reported its financial year results for 2016-17 ended 30th...
Global oil prices stay mixed amidst report of rise in US crude stockpiles
Tokyo: Oil prices were mixed on Wednesday, dampened by reports of rising U.S. crude stockpiles but retaining some of the gains made...