Sunday, May 9, 2021

Zain Zubair

PSO Launches Digitally Integrated Oil Terminal

The nation’s most progressive energy company, Pakistan State Oil (PSO), has once again taken the lead in digitizing its petroleum product supply chain. Special Assistant to Prime Minister for Power & Petroleum, Tabish Gauhar inaugurated Pakistan’s first digitally integrated oil...

Pakistan achieves new record in Kinnow exports

Pakistan has achieved a new record by exporting 460000 metric tons of Kinnow during the export season of Kinnow in the year 2020-21 , being the highest export volume in the country's history. During the global Pandemic COVID-19 ,...

Faysal Bank signs agreement with Emaar Karachi to promote Home Financing

Faysal Bank Limited signed an agreement with the leading Dubai-based real estate development company, Emaar Karachi, to provide home financing to its customers for Emaar’s current projects in the country. Through this partnership,FaysalIslamiwill facilitate individual clients to avail the Shahriah...

PSO enters strategic partnership with PARCO, PAPCO

Pakistan State Oil (PSO) has signed multiple infrastructural MoUs of strategic importance with Pak Arab Refinery Limited (PARCO) and Pak Arab Pipeline Company (PAPCO) which aim to safeguard the country’s petroleum product supply chain and enable economical and environment...

Imran Khan lauds SBP, Overseas Pakistani’s support as RDA crosses US 1 bln mark

Prime Minister Imran Khan paid rich tribute to Overseas Pakistanis for their overwhelming response to the Roshan Digital Account (RDA). He said their support and vote of confidence have been pivotal in making the initiative a big success within...

PSO attains highest ever quarterly profit in 3QFY21

Pakistan State Oil Company Limited (PSO) announced its financial result for 3QFY21 whereby the company declared a profit after tax (PAT) of PKR 8.7bn (EPS: PKR 18.57) compared to a loss of PKR 3.4bn (LPS: PKR 7.30) in 3QFY20....

CCOE approves electricity production plan based on commercial viability

Cabinet Committee on Energy (CCOE), chaired by Minister for Planning, Development Asad Umar, approved the summaries presented by the Power Division of the National Electricity Plan 2021 and Indicative Generation Capacity Expansion Plan (IGCEP). Asad Umar said that the policy...

Power Generation up by 4.8% YoY during 9MFY21

Power generation has surged by 30% YoY to 8,965 GWh (12,049 MW) during Mar'21, compared to 6,911 GWh (9,289 MW) during Mar’20. The rise in generation is witnessed due to low base. Major contributors during Mar'21 were Coal (Share: 31%),...

HBL becomes Market Maker for debt instruments listed on PSX

A Gong Ceremony was held at Pakistan Stock Exchange (PSX) to welcome HBL on board as a Market Maker for debt securities on PSX. An agreement was signed between PSX and HBL on Thursday at the PSX Trading Hall whereby...

Emirates commences IATA Travel Pass trials simplifying COVID-19

Emirates on Monday commenced trials of the International Air Transport Association (IATA) Travel Pass– a mobile app to help passengers easily and securely manage their travel in line with any government requirements for COVID-19 testing or vaccine information. The first...

About Me

Zain Zubair is a staff writer for World News Observer. He is studying ACCA in Pakistan. Besides Accountancy and writing pieces, he loves cooking and nature photography. Zain has attended various modern journalism workshops. Contact: [email protected]
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