Karachi, July 2, 2024 – Mari Petroleum Company Limited has announced the successful drilling of an appraisal well in the Ghazij Formation, Sindh. This achievement marks a significant milestone in the company’s exploration efforts.
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Citi Pharma Pakistan Inks Supply Agreement with Indian Company
Karachi, July 2, 2024 – Citi Pharma Limited Pakistan has announced a landmark agreement with Murli Krishna Pharma Private Limited, an Indian company. The partnership, revealed on Tuesday, aims to enhance the pharmaceutical landscape in Pakistan through the supply of high-quality Active Pharmaceutical Ingredients (APIs) and products.
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OGDCL Announces Production Optimization of Naspha-4 Well
Karachi, July 1, 2024 – The Oil and Gas Development Company Limited (OGDCL) announced on Monday the successful revitalization of the Naspha-4 well. This achievement underscores the company’s ongoing efforts to enhance its production capabilities and optimize resource extraction.
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PTCL Secures $400 Million Loan from IFC for Strategic Acquisition
Karachi, June 28, 2024 – Pakistan Telecommunication Company Limited (PTCL) has secured a $400 million loan from the International Finance Corporation (IFC). In a communication shared with the Pakistan Stock Exchange (PSX) on Friday, PTCL announced that the IFC Board of Directors has approved the debt financing to support PTCL’s acquisition of Telenor Pakistan and Orion Towers (Private) Limited.
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Honda Cars Pakistan Announces 800% Annual Profit Growth
Karachi (PkRevenue.com) – In a remarkable financial performance, Honda Atlas Cars Pakistan has reported an extraordinary 800 percent surge in annual profit for the fiscal year ended March 2024.
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TPL Trakker Announces Partnership with UAE Gargash Group
Karachi, May 24, 2024 – TPL Trakker Limited announced on Friday that its Board of Directors has authorized a fresh equity injection into its associated company, Trakker Middle East Limited (TME), and approved a binding agreement with the UAE-based Gargash Group.
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Jazz Posts 19.2% Revenue Increase in 1Q24
Islamabad, May 21, 2024 – After enduring eight consecutive quarters of negative USD revenue growth, Jazz, one of Pakistan’s leading digital operators, has reported a remarkable 19.2% revenue increase in USD for the first quarter of 2024 (1Q24).
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Zong 4G and MEPCO Forge Strategic Partnership
Islamabad, May 15, 2024 – Zong 4G, Pakistan’s premier telecom operator, has joined forces with Multan Electric Power Company (MEPCO) to elevate business communication services and address the telecommunications needs of one of Pakistan’s largest power distribution entities.
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Meezan Bank and Roche Pakistan Partner Against Breast Cancer
Karachi, May 9, 2024 – Meezan Bank, Pakistan’s leading Islamic financial institution, has announced a landmark partnership with Roche Pakistan, a subsidiary of the global biotechnology giant, to combat breast cancer, a leading health challenge in the country.
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Toyota Motor Reports Record Earnings of 4.94 Trillion Yen
Toyota Motor Corporation announced a historic milestone, reporting a record net profit of 4.94 trillion yen (approximately $31.82 billion USD) for the fiscal year 2023, ending in March.
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