Imtiaz Super Market expands to Punjab, opens first store in Gujranwala
Karachi:
Imtiaz Super Market (ISM), the Karachi-based chain of grocery stores, is opening its first outlet in Gujranwala on Sunday, Sept., 25, sources...
ExxonMobil set for comeback in Pakistan after nearly three decades: Report
Mr Sayyed in a letter sent to the BoI stated ExxonMobil has been assessing its re-entrance into Pakistan since quite a while and has been assiduously hunting energy-related opportunities for past few years
Petrol, diesel prices slashed by Rs2 for April 2018
ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...
Al-Shaheer enters processed food industry
Karachi
In what seems like an effort to grab a slice of the largely untapped frozen food industry of Pakistan – which accounts...
Matco Foods concludes IPO, gets successfully listed on PSX
LAHORE: A bourse notification filed Monday, Pakistan Stock Exchange (PSX) approved the application for listing and quotation of shares of Matco Foods Limited...
Hong Kong-based investment bank returns to Pakistan’s capital markets. But why?
CLSA, a subsidiary of a Chinese state-owned company CITIC, has acquired a stake in Bank Alfalah’s securities trading arm Alfalah Securities
Gold prices fall, as dollar strengthens
The dollar strengthened against a basket of currencies and extended its gains against the yen to hit a fresh six-week high of 111.06 yen, supported by the relative strength of the U.S. economy and on prospects of further rate hikes from the Federal Reserve
OGDCL makes oil & gas discovery at Chanda oilfield in Kohat
The block is operated by OGDC with 72 percent stake along with 17.5 percent and 10.5 percent stake of GHPL and ZPCL respectively
Gold prices dip amid firm dollar; trade tensions limit downside
Spot gold was 0.1 percent lower at $1,267.23 an ounce as of 0432 GMT, while U.S. gold futures were down 0.2 percent at $1,268.80 per ounce
Morin’s appointment as PSX CEO arouses envy & worries of foreign takeover
KARACHI: Pakistan Stock Exchange’s newly appointed Canadian chief executive officer, Richard Morin is becoming a source of envy for brokers and investors...
Over $600 million saved in LNG supply deal signed with Qatar: Report
The negotiations with Qatar stalled after the latter refused to decrease the offer price for LNG and Pakistan used that to its benefit by approaching the open market in late 2015 to publicly seek 120 cargoes in two huge tenders
Onecoin: Cryptocurrency for the gullible
Our society seems to be fascinated with credulity and self-delusion. I first noticed this back in 2013, when “Engineer” Agha Waqar came...
Petroleum sector makes waves, OGDC wipes 112pts
LAHORE: The oil and gas sector made waves at Pakistan Stock Exchange (PSX) throughout the day as the Oil & Gas Development...
Mughal Steel gets amendments to expansion plan approved
LAHORE: A bourse notification filed Monday by Mughal Iron and Steel Industries Limited (MISIL) revealed amendments to expansion plan have been approved...
Rupee devaluation pushes steel prices to record highs
Due to continuing depreciation of the rupee against the greenback in inter-bank and kerb market, the rise in steel prices was expected