Mari Petroleum Makes Second Consecutive Gas Discovery in Ghotki

Mari Petroleum

Mari Petroleum Company Limited (MPCL) has discovered gas deposits in the Ghotki district of Sindh. In a notification sent to the Pakistan Stock Exchange, company secretary Assad Rabbani said that the gas was discovered at the exploratory well Shaheen-I in the Mari lease area. He added that Shaheen-I flowed at a rate of 12.334 mmscfd (million standard More...

by Zonaira Chaudry | Published 4 days ago
Fauji Cement
By Zonaira Chaudry On Monday, February 20th, 2017
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Fauji Cement Profit Goes Down in Second Quarter of 2016

In a notice sent to the Pakistan Stock Exchange (PSX), Fauji Cement Com pnay Limited (FCCL) reported a profit of Rs. 694 million in the second quarter ending on December 31, 2016. Fauji Cement Profit has gone down More...

Fauji Cement earns profit
By Zonaira Chaudry On Thursday, February 16th, 2017
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Fauji Cement earns profit of Rs. 694 million

Corporate results shows that Fauji Cement earns profit, the Fauji Cement Company Limited (FCCL) posted a net profit of Rs694 million in the second quarter ended December 31, down by a massive 58% compared with Rs1.67 More...

first bus service of Pakistan to list in Stock Exchange
By Zonaira Chaudry On Monday, February 6th, 2017
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Daewoo becomes first bus service of Pakistan to list in Stock Exchange

It’s not just Chinese companies that are looking to cash in on the investment opportunity Pakistan presents. The China-Pakistan Economic Corridor (CPEC) that envisages over $55 billion in loans and investments More...

Serene Air domestic flights
By Zonaira Chaudry On Tuesday, January 31st, 2017
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Serene Air domestic flights begins operations

A private airline Serene Air domestic flights operation has started in Pakistan. At the time of flying of the first flight ER-503 Boeing 737-800 the Chief Operating Officer (COO) of the airline, a retired Air Commodore, More...

Companies Bill 2016
By Zonaira Chaudry On Saturday, January 28th, 2017
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National Assembly committee approves Companies Bill 2016

The National Assembly’s Standing Committee on Finance approved Companies Bill 2016 after an outrageous debate session. Officials were asked technical questions to which they did not have answers. Key committee More...

Pakistan Stock Exchange new record
By Zonaira Chaudry On Saturday, January 28th, 2017
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Pakistan Stock Exchange new record – closes above 50,000 and hits record Rs10tr

After failed attempts in the previous two sessions to settle above 50,000 points, the KSE-100 index finally managed to accomplish the feat for the first time and Pakistan Stock exchange new record was made. The More...

Pakistan Stock Exchange
By Zonaira Chaudry On Friday, January 27th, 2017
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Pakistan Stock Exchange touches record high of 49,876 points

The Pakistan Stock Exchange (PSX) closed at its highest level in its history at 49,876 points on Monday, with a net increase of 511 points on the index. The benchmark KSE-100 shares index touched a high point of More...

e commerce market of Pakistan
By Zonaira Chaudry On Saturday, January 21st, 2017
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Alibaba is interested in e commerce market of Pakistan

Chairman Alibaba Group Jack Ma met Prime Minister Nawaz Sharif and expressed his interest in investing in e commerce market of Pakistan. While meeting the prime minister on the sidelines of the World Economic Forum More...

American Companies to invest in Pakistan
By Zonaira Chaudry On Friday, January 20th, 2017
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American Companies to invest in Pakistan

Over 78 percent American companies to invest in Pakistan as the investors has said that they plan to invest in Pakistan over the next 12 months because of the improvements in the law and order situation along with More...