PTCL signs Huawei for transformation of its IP Edge & Optical Transport Network

KARACHI: Pakistan Telecommunication Company Limited (PTCL), has signed strategic contracts with Huawei Technologies Pakistan for the transformation of its IP Edge and Optical Transport Network (OTN). Nadeem Khan, Acting CEO…

NNR June 29, 2021

PSX

Morgan Stanley Capital proposes to reclassify Pakistan into MSCI Frontier Markets

KARACHI, Pakistan: In a recent development, Morgan Stanley Capital International (MSCI) has proposed to reclassify Pakistan into MSCI Frontier Markets (MSCIFM) from MSCI Emerging Markets (MSCIEM). “MSCI has been artificially…

NNR June 25, 2021

PSX

Octopus Digital selling its 20% shares for Rs793.15 million through IPO

KARACHI, PAKISTAN: Octopus Digital Limited will sell 20% shares at a floor price of Rs29/share translating into Rs793.15 million, a news release said. Pakistan Stock Exchange (PSX) has invited the…

NNR June 23, 2021

PSX

Pakistan LNG Limited invites bids for eight LNG cargoes

KARACHI: State-owned Pakistan LNG Limited (PLL) has floated a tender seeking delivery of eight cargoes of the liquefied natural gas (LNG) to be delivered in September and October this year.…

NNR June 21, 2021

PSX

Image Pakistan becomes country’s 1st approved seller on Amazon

KARACHI: Image Pakistan Limited, country’s first approved seller on Amazon, plans to create a wholly owned subsidiary titled Image Tech Limited to avail the recently announced incentives by the government…

NNR June 10, 2021

PSX

Vitol Bahrain to provide one LNG cargo to Pakistan LNG Limited

KARACHI, PAKISTAN: Vitol Bahrain has offered to provide one LNG cargo of 140,000 cubic meters to Pakistan LNG Limited (PLL) at the rate of $12.77/mmbtu. PLL had invited bids for…

NNR June 8, 2021

PSX

K-Electric announces launch of K-solar, a renewable energy company

KARACHI, PAKISTAN: K-Electric Limited (KE) has announced the launch of K-Solar, a renewable energy company that will enable the shift towards a greener and cleaner energy future. K-Solar is the…

NNR June 4, 2021

PSX

Pakistan Kuwait Investment Company to make Rs500 million equity investment in Planet N

KARACHI, PAKISTAN: Pakistan Kuwait Investment Company (Private) Limited (PKIC) announces that it is making an equity investment of PKR 500 million in Planet N (Private) Limited. This is the largest…

NNR June 3, 2021

PSX

Shell Energy Pakistan receives gas marketing license from OGRA

KARACHI, PAKISTAN: The Oil & Gas Regulatory Authority (OGRA) has awarded a ‘gas-marketing license’ to Shell Energy Pakistan (Pvt) Limited, a news release said. Shell Energy Pakistan (Pvt) Limited has…

NNR May 31, 2021

PSX

Reliance Petrochem Industries petrochemicals exports to Europe

KARACHI, PAKISTAN: Reliance Petrochem Industries has secured a $145 million export order for Europe, and dispatched the first ever shipment of Made in Pakistan petrochemicals including white oils and textile…

NNR May 30, 2021

PSX

Pakistan LNG Limited seeks 9 LNG cargoes of 140,000 cubic meters each

KARACHI: Pakistan LNG Limited (PLL) has invited bids for the supply of nine LNG cargoes of 140,000 cubic meters each on fixed dollar rate and tendering schedule for deliveries are…

NNR May 29, 2021