Islamabad: The Government of Pakistan has provisionally granted petroleum exploration rights over seven new blocks to Oil and Gas Development Company Limited (OGDCL) and its joint venture partners. This decision follows a competitive bidding round con...
Read More »PTC Reports Revenue Growth but Finance Costs Weigh on Profits
Islamabad: Pakistan Telecommunication Company Limited (PTC) hosted an Analyst Briefing to discuss its recent financial performance and future outlook. The company reported a 16% year-on-year revenue growth for the calendar year 2024 and a 22% increase...
Read More »Market Moves: Pakistan Stock Exchange Witnesses Mixed Performance
Karachi: The Pakistan Stock Exchange (PSX) experienced a mixed trading session as key indices, KSE30 and KSE100, exhibited slight declines amidst fluctuations in market activities. The KSE30 index fell by 7.94 points to close at 36,293.72, while the K...
Read More »Lucky Cement Expands Iraq Operations with New Clinker and Grinding Lines
Karachi: Lucky Cement Ltd. has announced the successful commissioning of a new clinker line in Iraq, marking a significant expansion of its production capabilities in the region. The kiln of the clinker line, with a capacity of 1.82 million tons per a...
Read More »Jazz Unveils Zarr: A New Era for Digital Fashion Marketplace in Pakistan
Karachi: Jazz has announced the launch of Zarr, a digital marketplace aimed at transforming fashion and lifestyle retail in Pakistan. With a robust digital footprint and a user base exceeding 100 million, Jazz is introducing this innovative platform t...
Read More »PCJCCI and Daroghawala Industry Leaders Seek Auto Parts Collaboration
Lahore: In a significant move to enhance cooperation in the auto parts sector, the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) hosted a delegation from the Daroghawala Industry Owner Association, led by the Bani Group, at its secret...
Read More »PTCL Reports Strong Revenue Growth Amid Strategic Expansion Efforts
Karachi: Pakistan Telecommunication Company Ltd. (PTCL) announced a robust 16% increase in revenue for the calendar year 2024, reaching PkR220 billion, up from PkR189 billion in the same period last year. This growth was fueled by notable performances...
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