Kilowatt Labs & GGL to produce supercapacitor batteries in Pakistan

KARACHI, PAKISTAN: Ghani Global Holdings Limited (GGL) and Kilowatt Labs Inc USA have entered into a formal partnership to start maiden manufacturing of supercapacitor energy storage systems in Pakistan to…

NNR November 17, 2021

PSX

Coca-Cola to buy Rs1.43bn worth of coolers from WSPL

KARACHI: Coca-Cola Beverages will buy 1.43 billion worth of chest coolers and visi coolers from Waves Singer Pakistan (WSPL), a bourse filing said. “For the second consecutive year since its…

NNR November 16, 2021

PSX

Pakistan seeks two LNG cargoes in November 2021

KARACHI: Pakistan LNG Limited (PLL) has issued tender for the import of two LNG cargoes to be delivered on November 19-20 and November 26-27, 2021. This emergency tender came after…

NNR November 3, 2021

PSX

Waqar Siddiqui appointed CE & MD of Shell Pakistan

KARACHI, PAKISTAN: Waqar Siddiqui has been appointed as the Chief Executive & Managing Director of Shell Pakistan Limited (SPL) with effect from November 01, 2021, a statement said. Waqar joined…

NNR November 1, 2021

PSX

Pakistan Stock Exchange reverts back to old trading system

KARACHI, PAKISTAN: Pakistan Stock Exchange (PSX) had implemented the new trading system (NTS), which was procured from the Shenzhen Stock Exchange (SZSE), China, and went live on Monday, October 25,…

NNR October 31, 2021

PSX

Pakistan Petroleum seeks two mining licenses in Baluchistan

KARACHI: Pakistan Petroleum Limited (PPL) has submitted an Expression of Interest (EoI) for acquiring mining rights in two blocks in Balochistan, a province of Pakistan, which shares borders with Iran and Afghanistan.…

Web Desk October 26, 2021

PSX

PIA receives delivery of A320 aircraft

KARACHI: Pakistan International Airlines (PIA) has received delivery of the second A320 aircraft acquired on dry lease. The A320 aircraft reached Islamabad airport from Paris. CEO PIA, Air Marshal Arshad…

NNR October 24, 2021

PSX

Archroma Pakistan declares force majeure due to raw material shortage

KARACHI: Archroma Pakistan has declared force majeure effective Thursday due to inability to manufacture and supply goods as the company’s raw material supply lines have choked. “Archroma's raw materials and…

NNR October 14, 2021

PSX

PLL’s LNG tender for 8 cargoes receives zero bids

KARACHI, PAKISTAN: These winters are going to be even colder primarily due to severe gas shortage, while the LNG tender issued by Pakistan LNG Limited (PLL) for 08 cargoes for…

Web Desk October 11, 2021

PSX

Air Link plans Rs500 million mobile manufacturing subsidiary

KARACHI: Air Link Communication is planning to incorporate a wholly owned subsidiary, Select Technologies (Pvt) Ltd, to take on additional mobile manufacturing of specific brands with an investment of Rs.500…

NNR October 6, 2021

PSX

SNB plans divestment of Samba Bank Pakistan

KARACHI: Saudi National Bank (SNB) has approved the commencement of an orderly well managed divestment of Samba Bank Limited (SBL) Pakistan. According to a bourse filing, Samba Bank has received…

NNR October 5, 2021