Centro Ceramico certifies Pakistani tiles with European quality standards
KARACHI: Centro Ceramico, one of the biggest tile testing laboratories in the world has certified Pakistan’s ‘Stile Porcelain Tiles’ for meeting European...
OGDC makes gas discovery in Baratai block, Kohat, Khyber-Pakhtunkhwa
LAHORE: A bourse notification filed Friday by Oil and Gas Development Company (OGDC) revealed the joint venture of Baratai Block in which...
United Energy to buy Kuwait Energy for $651m
Founded in 1992, United Energy acquired BP’s assets in Pakistan in 2011 for $775 million and has since invested heavily in that country,
Abraaj’s reputation nosedives over allegation of misused funds
Abraaj has seen a wave of investments get sidelined, a shake-up of its top management, talks of divestment of its investment arm collapse and questions over misuse of funds by leading investors like Melinda Gates Foundation continue
Asia LNG spot prices plummeted by 50pc from January to $2.5 per mmBTU in July: Fitch Solutions
Analyst believes low international prices are a brilliant opportunity for the Pakistani government nowadays to regain energy competitiveness, provide affordable electricity/gas & catalyze the decaying industrialization
Saudi Arabia to announce slight rise in oil, gas reserves after audit – source
For almost 30 years - despite rising production, large swings in oil prices and improved technology - Riyadh has annually reported the same number for reserves at around 261 billion barrels, according to a statistical review by BP
Clover Pakistan to initiate due diligence for acquisition of Hascombe Business Solutions
LAHORE: A bourse notification filed Monday by Clover Pakistan Limited revealed its board of directors granted approval to initiate due diligence for...
Akzo Nobel Pakistan divests Specialty Chemicals business to Akzo Nobel Chemical for Rs33.5 million
LAHORE: A bourse notification filed Wednesday by Akzo Nobel Pakistan Limited revealed its board of directors had approved divesting of its Specialty...
Engro Fertilizer profits dip 2.17 percent, sales decline 9pc for FY 2017
LAHORE: A bourse notification filed Thursday by Engro Fertilizer announced its financial year results for the year ending December 30th, 2017.
The results...
Gold price surges to record Rs100,400 per tola
The gold price reached an all-time high of Rs100,400 in Pakistani markets on Tuesday, the All Sindh Saraf and Jewellers Association (ASSJA)...
Byco successfully begins operations at reformer of oil refining complex
LAHORE: A bourse notification filed Tuesday by Byco Petroleum disclosed operations at its reformer of oil refining complex Il (ORC Il) have...
Hascol enters into joint operations agreement with Total Parco
LAHORE: A bourse notification filed Thursday by Hascol Petroleum revealed it had entered into a joint operations agreement with Total Parco Pakistan...
Pumping out water for Thar coal mining not to affect drinking water sources: SECMC
ISLAMKOT (THARPARKAR): Revealing some of the unknown facts and breaking a commonly perceived myth, Sindh Engro Coal Mining Company (SECMC) has clarified...
Multiple taxes hurting the stock market
KARACHI: High-taxation rates are the scourge of the Pakistan Stock Exchange, as multiple taxes contributes to rates as high as 40 percent...
Dollar normalizes, after increasing to Rs108.50 in inter-bank market
KARACHI:Â The US dollar attained a sense of normalcy after rising more than three rupees in the inter-bank market earlier on Friday.
The US...