Karachi: The oil marketing companies (OMC) reported a sales volume of 1.3 million tons in September 2024, reflecting a 20% year-on-year (YoY) and 5% month-on-month (MoM) increase. The growth is attributed to a lower base, as petroleum prices surged si…
KARACHI: Oil Marketing Company (OMC) sector sales volumes reached 1.27 million tons in September 2024, marking a 20% year-on-year growth, largely driven by an increase in retail fuel sales and consecutive cuts in fuel prices.
According to AKD Securi…
Karachi: Three Pakistani companies showcased their products at Intersec Saudi Arabia 2024, a global exhibition focusing on security, safety, and technology sectors, which took place from October 1st to October 3rd at the Riyadh International Conventio…
Karachi: Exchange rates of major currencies in Pakistan, including the US Dollar, Euro, and British Pound, exhibited slight fluctuations on consecutive days, as per data released by the Exchange Companies Association of Pakistan.
According to Exchan…
Karachi: VIS Credit Rating Company Limited has reaffirmed the credit ratings of Al-Ghazi Tractors Limited (AGTL) at ‘A+/A-1’, indicating good credit quality and a strong likelihood of timely repayment obligations. The outlook on these ratings is stabl…
Karachi: K-Electric has submitted a petition to the National Electric Power Regulatory Authority (NEPRA) for a fuel charge adjustment (FCA) of PKR 0.51 per unit for August 2024, which is PKR 2.58 lower than its requested FCA for July 2024. NEPRA concl…