KARACHI: SI Global Solutions, a leading maritime and fastest-growing ICT system integrator and consultancy company, has become the first Pakistani company to receive membership in the International Association of Lighthouse Authorities (IALA). This prestigious recognition solidifies SI Global Solutions’ commitment to excellence for the safety of our ports and harbours domain and positions Pakistan on…
Islamabad, November 01 2024: In a significant development for bilateral relations, a high-level meeting between Pakistani and Saudi ministers was convened in Riyadh to discuss and finalize a roadmap for increased investment between the two nations. The meeting focused on the implementation of existing Memoranda of Understanding (MOUs) and the progression of agreements established during…
Karachi, October 31st, 2024: Wafi Energy Holding Limited (Wafi Energy) becomes the majority shareholder of Shell Pakistan Limited (SPL) after The Shell Petroleum Company Limited, a subsidiary of Shell plc (Shell), completes the sale of its 77.42% interest in SPL. Wafi Energy, an established Saudi company and affiliate of the Asyad Group, now holds approximately…
Lahore, October 30 2024: Saudi oil giant Aramco has officially entered the Pakistani market with the launch of its first fuel retail station in Lahore. This significant step follows Aramco’s acquisition of a 40% stake in Gas & Oil Pakistan (GO) earlier this year, marking a strategic expansion into the South Asian energy sector. Aramco’s…
KARACHI, October 29 2024: UNITY Foods has announced its financial results for the first quarter of FY25, showcasing a significant turnaround with consolidated earnings of Rs88 million, translating to an earnings per share (EPS) of Rs0.07. This marks a remarkable recovery from a loss of Rs660 million (loss per share of Rs0.55) in the same…