Ghandhara Nissan to manufacture Chery cars/SUVs in Pakistan
KARACHI: Ghandhara Nissan Limited has entered into formal arrangements with Chery International Corporation – Wuhu, China for manufacturing and distribution of Chery passenger cars (SUVs/...
AGP Limited led SPV to acquire product portfolio of Sandoz
KARACHI: AGP Limited, along with its parent Aitkenstuart Pakistan, has formed a special purpose vehicle (SPV), to acquire a select product portfolio of Sandoz AG....
K-Electric committed to keeping industries powered up
KARACHI: Following the Federal Cabinet’s approval of moratorium on gas supply to industrial units for self-generation of electricity, K-Electric (KE) continues to remain fully committed...
Vitol Bahrain to supply Pakistan with two LNG cargoes in April
ISLAMABAD: Vitol Bahrain has offered the lowest rates for supply of two sport cargoes tendered by Pakistan LNG Terminal for delivery in April 2021. Pakistan...
Agha Steel to install 2.25 megawatt Solar captive power plant
KARACHI: Agha Steel Industries, a leading Steel rebar manufacturing company has signed a contract with Renewable Power Pvt. Ltd. for installing a 2.25 Megawatt solar power...
OGDCL reports hydrocarbon discovery in Sindh
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) as operator (95%) and Government Holdings (Pvt) Limited (5%) has discovered gas & condensate from its exploratory...
PSX holds Ceremony for onboarding of Meezan Bank as market maker
KARACHI: A Gong Ceremony was held at Pakistan Stock Exchange (PSX) to welcome Meezan Bank Limited on-board as a Market Maker for Shariah-compliant debt securities...
Bank Alfalah and Beaconhouse Group sign MoU for personal loan financing solutions
LAHORE: Bank Alfalah and The Beaconhouse Group – one of Pakistan’s largest private school networks – have signed a memorandum of understanding (MoU) to facilitate...
Waves Singer Pakistan to acquire 96.6% stake in Heavy Electrical Complex
KARACHI: The Board of Directors of Waves Singer Pakistan Limited (WSPL) have approved submission of an Expression of Interest (EOI) for the acquisition of 96.6...
Pakistan State Oil (PSO) issues tender for supply of LNG, motor gasoline cargoes
KARACHI: Pakistan State Oil (PSO) has invited bids for the supply of one cargo of liquefied natural gas (LNG) to be delivered on April 15-16,...
Agreement signed for onboarding of MRA Securities as market maker of ETFs
KARACHI: In a very positive development for Pakistan’s capital market, an agreement has been signed between Pakistan Stock Exchange (PSX) and MRA Securities Limited (MRA)...
Panther Tyres Limited raises Rs2.63 billion in an over-subscribed bookbuilding
KARACHI: Panther Tyres Limited successfully raised Rs2.632 billion through a two-day book building, which saw a broad based participation from institutional and high net worth...