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OGDCL Advances Tight Gas Exploration in Pakistan’s Indus Basin

Karachi: Oil and Gas Development Company Limited (OGDCL) is advancing its exploration of tight gas resources in Pakistan's Indus Basin, aligning with the Government of Pakistan's new Tight Gas Policy 2024. The company has achieved initial success with...

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Jazz Partners with ENA for Precision Cooling in Data Centers

Karachi: Jazz has signed a three-year frame agreement with ENA, a subsidiary of JBS, to provide precision cooling solutions for its data centers, aiming to ensure top-tier connectivity services and contribute to sustainability goals.

According to J...

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Oil and Gas Development Company Credits Interim Dividend to Shareholders

Karachi: Oil and Gas Development Company Limited (OGDCL) has credited the first interim cash dividend of Rs 3.00 per share to its shareholders for the period ending September 30, 2024. The payment was electronically deposited into the designated bank ...

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Tajik Envoy Highlights Karachi’s Potential for Reviving Tourism and Trade

KARACHI: Ambassador of Tajikistan Sharifzoda Yusuf has emphasized the importance of restoring Karachi's former stature as a thriving and secure destination for foreign tourists. During a meeting at the Karachi Chamber of Commerce and Industry (KCCI), ...

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AGP Ltd Reinstated with Buy Rating Amid Positive Growth Outlook

Karachi: AGP Ltd has been reinstated with a buy rating and a target price of Rs220 per share, indicating a 48% potential upside from current levels. The optimism is fueled by AGP's strong growth trajectory, cost optimization strategies, and favorable ...

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Foreign Currency Exchange Rates Show Slight Fluctuations in Pakistan

Karachi: Foreign currency exchange rates in Pakistan experienced minor fluctuations over a 24-hour period, reflecting changes in the buying and selling values of several major currencies. The Exchange Companies Association of Pakistan reported these s...

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FrieslandCampina Engro Pakistan Partners with Reon Energy for 3.4 MW Solar Project

Karachi: FrieslandCampina Engro Pakistan Limited has announced a partnership with Reon Energy to implement a 3.4 MW solar power project at its manufacturing facility in Sahiwal. The initiative aims to generate 5,013.6 MWh of clean energy annually, red...

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