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Engro Polymer gives 73% return to shareholders
Aftab Ahmed Islamabad: The Engro Polymer has given 73% return to shareholders following impressive performance as the scrip has outrun the benchmark index by a whopping…
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Apple’s stock outperforms
Apple’s stock has outperformed over the past year. It returned 91.8% overall over the past year, more than the S&P 500’s total return of 46.1%. Apple…
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SECP to Introduce Concept of SPA Company
ISLAMABAD: In light of its vision to provide a viable and sustainable eco-system for capital formation, the Securities and Exchange Commission of Pakistan (SECP) is exploring…
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PSO to import petrol from Saudi Arabia on deferred payment
Aftab Ahmed Islamabad: Prime Minister Imran Khan is set to seek import of petrol by Pakistan State Oil (PSO) on deferred payment to ease pressure on…
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KE chairman meets Finance Minister
Islamabad: Chairman K-Electric Shan A. Ashary along with Mr. Khaqan Khan, Member Board of Director and CEO K-Electric Syed Moonis Abdullah Alvi called on the Federal…
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Electricity: IESCO top performer company in reducing losses
Ibn-e-Ameer Islamabad: Electricity is surplus now what policymakers say. However, electricity theft continues by energy companies. Islamabad Electric Supply Company (Iesc0) has emerged as a top…
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Govt awards 6 oil and gas exploration blocks
Aftab Ahmed Islamabad: The Government on Friday awarded six exploration blocks to oil and gas exploration and production companies to attract a minimum of US $…
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Oil, gas firms contribute Rs 864bn in taxes
Aftab Ahmed Islamabad: The State-owned Entities (SoEs) in the oil and gas sectors contribute Rs 864 billion in taxes annually. The Petroleum division informed during a…
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Oil terminals’ illegal licenses: PD sacks DoE officials
The companies include Attock Petroleum, M/S Puri, Engro Thar Coal, Fauji Trans Terminal Limited, and Al-Noor Oil Terminal Aftab Ahmed Islamabad: The petroleum division has terminated…
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TRGIL to sell its full stake in E-telequote
Islamabad: Primerica Inc, a Delaware Corporation has entered into a share purchase agreement with E-Telequote Limited to acquire 80% of the shareholding at an EV of…