April 19, 2024

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Pakistan Revenue

Tag: Engro Corp

Engro Corporation establishes subsidiary in UAE
Mar 1
Corporate

Engro Corporation establishes subsidiary in UAE

KARACHI: Engro Corporation, Pakistan’s premier business conglomerate, has commenced office operations of its wholly owned subsidiary, Engro Eximp FZE, in the Jebel Ali Free Zone, Emirate of Dubai. Engro Eximp FZE will explore potential trading opportunities in the energy, fertilizers, petrochemicals and food & agriculture sectors. Ghias Khan, President & CEO of Engro Corporation said: […]

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IFC helps Engro in reducing plastic waste
Dec 6
Corporate, Trade & Industry

IFC helps Engro in reducing plastic waste

KARACHI: International Finance Corporation, a member of World Bank Group, has signed an agreement to assist Engro Corporation in reducing plastic waste, promoting recycling, and boosting the company’s energy efficiency. The project is part of IFC’s Pakistan Resource Efficiency Program, which aims to improve efficiency, cost-competitiveness, reliability, and productivity in the manufacturing sector, particularly in […]

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Engro hosts dialogue on climate change at Dubai Expo
Nov 5
Corporate

Engro hosts dialogue on climate change at Dubai Expo

KARACHI: Engro Polymer & Chemicals, a subsidiary of Pakistan’s premier conglomerate Engro Corporation, hosted an insightful dialogue on climate change, construction materials and technologies of the future, building inclusive communities, and circular economy, to celebrate the Rural & Urban Development week at Expo 2020 Dubai. Hussain Dawood, Chairman of Engro Corporation and Dawood Hercules Corporation, […]

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Food inflation not linked to urea prices
Nov 3
Corporate, National

Food inflation not linked to urea prices

KARACHI: The fertilizer industry is playing a critical role in ensuring food security and managing food inflation in Pakistan through adequate and affordable supply of urea at one fifth the international prices.  In a media briefing on Wednesday, Imran Ahmed, CFO of Engro Fertilizers, highlighted that food inflation is one of the biggest challenges being confronted […]

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Engro Fertilizers awarded for largest taxpayer
Oct 25
Corporate, Taxation, Top stories

Engro Fertilizers awarded for largest taxpayer

Engro Fertilizers has been recognized as the largest tax paying company in the fertilizer sector. Engro Fertilizer is Pakistan’s premier seed-to-harvest solutions provider. Engro Fertilizers has been recognized as the largest tax paying company in a ceremony held at the Aiwan-e-Sadr. Nadir Qureshi, CEO of Engro Fertilizers, received the award from the Honorable President Dr. […]

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Engro Corp posts 23% revenue growth in nine months
Oct 23
Corporate, Energy, Stock & Commodity

Engro Corp posts 23% revenue growth in nine months

KARACHI: Engro Corporation Limited has posted a significant 23 per cent growth in consolidated revenue for the nine-month period ended on September 30, 2021. Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the third quarter ended September 30, 2021. Engro delivered a strong operational performance in first nine months of 2021 […]

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Engro Enfrashare signs Rs4.5 billion Islamic financing
Sep 14
Corporate, IT & Telecom, Money & Banking

Engro Enfrashare signs Rs4.5 billion Islamic financing

KARACHI: Engro Enfrashare, a wholly-owned subsidiary of Engro Corporation, has entered into an Islamic syndicate arrangement amounting to Rs4.5 billion, led by Meezan Bank and Faysal Bank, according to a statement issued on Tuesday. The proceeds raised through this Islamic syndication would be utilized to finance the development of tower sites for various mobile network […]

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Engro, BOP make arrangements for agri financing
Sep 2
Corporate, Money & Banking

Engro, BOP make arrangements for agri financing

 KARACHI: Engro Fertilizers Limited and The Bank of Punjab (BOP) have made arrangements to provide financing to farmers through the bank’s branch network across Pakistan, a statement said on Thursday. Under this arrangement, progressive farmers under Engro Fertilizers Limited’s Shandaar Kissan program will be able to avail financing on easy terms and concessional markup rates […]

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