Oil and Gas Development Company Limited (OGDCL), one of Pakistan’s largest exploration and production (E&P) companies, has discovered oil and gas reserves at the Baragzai X-01 (Slant) exploratory well in District Kohat, Khyber Pakhtunkhwa. The listed E&P disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday. “We are pleased to inform that OGDCL, operator of
The Pakistan Stock Exchange (PSX) opened on a strong note, with the benchmark KSE-100 Index gaining nearly 1,700 points during the opening minutes of trading on Monday. At 9:35am, the benchmark index was hovering at 186,786.74, an increase of 1,687.91 points or 0.91%. Buying interest was observed in key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and g
ank Makramah Limited (BML) has announced the successful implementation of its court-sanctioned financial restructuring plan, as disclosed through Pakistan Stock Exchange (PSX) notices. Approved by the Islamabad High Court, the restructuring eliminates accumulated losses through a capital reduction, leaving the bank with a clean balance sheet and positioning it for sustainable, profitable growth.
Khyber Pakhtunkhwa Minister for Excise, Taxation and Narcotics Control, Syed Fakhar Jehan directed the Excise and Taxation offices in Peshawar and district-level officers to intensify efforts to achieve revenue collection beyond the assigned targets. He was speaking during a meeting at the Directorate General of Excise, Taxation and Narcotics Control, Hayatabad, to review the six-month performa
Mian Zahid Hussain, President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan and Chairman Policy Advisory Board FPCCI, said that the survival of Pakistan’s export sector hinges on two critical policy shifts: the immediate introduction of “Green Grid” certification for industrial estates to bypass European carbon taxes, and