Karachi, January 29, 2024 – Mari Petroleum Company Limited (MPCL) has reported a remarkable 57% increase in net profit for the first half (July – December) of the fiscal year 2023-24.
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Johnson & Phillips (Pakistan) Initiates Delisting Process from PSX
Karachi, January 29, 2024 – Johnson & Phillips (Pakistan) Limited has formally announced its decision to delist from the Pakistan Stock Exchange (PSX), marking a strategic move in the company’s corporate structure.
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Lucky Cement’s 107% Profit Surge in 2QFY24 Above Expectations
Karachi, January 26, 2024 – Lucky Cement Limited (LUCK) has stunned the market by announcing its 2QFY24 financial results, revealing an unconsolidated Profit After Tax (PAT) of PKR 6.8 billion, translating to Earnings Per Share (EPS) of PKR 22.9.
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Meezan Bank and IBA Collaborate for Talent Development
KARACHI, January 16, 2024 – Meezan Bank, Pakistan’s premier Islamic bank, has unveiled an ambitious talent development initiative named “Meezan Justuju” in collaboration with the Institute of Business Administration (IBA) – Centre for Excellence in Islamic Finance (CEIF).
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Mari Petroleum Discovers Gas Reserves in North Waziristan
Karachi, January 11, 2024 – Mari Petroleum Company Limited (MPCL) has made a substantial gas discovery in North Waziristan, Khyber Pakhtunkhwa Province, as announced on Thursday.
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KE Secures 10-Year PPAA with Government
Karachi, January 5, 2024 – K-Electric Limited (KE), the sole electricity distributor for Karachi and its suburbs, has inked a transformative Power Purchase Agency Agreement (PPAA) with the government of Pakistan for a significant term of 10 years.
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Meezan Bank Partners with PAFLA to Empower Freelancers
Karachi, December 22, 2023 – Meezan Bank Limited, Pakistan’s premier Islamic bank, has taken a significant step towards supporting the flourishing freelance community by entering into a strategic partnership with the Pakistan Freelancers Association (PAFLA).
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Meezan Bank Convenes 63rd Sharia Board Meeting
Karachi, December 20, 2023: Meezan Bank, a pioneer in Islamic banking, convened its 63rd Shariah Board Meeting at Darul Uloom, Karachi, underscoring the institution’s unwavering commitment to upholding Islamic principles in its financial operations.
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ABHI Recognized as Future 100 Company in UAE
KARACHI – December 15, 2023 – ABHI has emerged as one of the Future 100 companies in the United Arab Emirates (UAE), a prestigious recognition bestowed upon startups contributing to the nation’s future readiness and economic competitiveness.
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PTCL Acquires Telenor Pakistan in Landmark Telecom Deal
Karachi, December 14, 2023 – The Pakistan Telecommunication Company Limited (PTCL) has formally announced its acquisition of 100 percent shares in Telenor Pakistan Limited (TPL).
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