M&A Alert: Fauji and KAPCO team up for cement takeover
In a bold move that could reshape the landscape of Pakistan’s cement industry, Fauji Foundation and Kot Addu Power Company Limited (KAPCO) have submitted a...
With 10 new blocks in hand, is Mari Energy set for a breakout?
Mari Energies Limited (MARI), one of Pakistan’s leading energy exploration companies, has made a significant stride by securing 10 new onshore exploration blocks through Pakistan’s...
What SBP’s interest rate cut to 11% means for the economy?
In a widely anticipated move, the State Bank of Pakistan (SBP) has reduced the benchmark policy rate by 100 basis points, bringing it down to...
How does Mari Energies’ Soho-1 discovery position it for growth in FY26?
Mari Energies Limited (MARI) has announced a significant gas discovery at its exploratory well, Soho-1, located in the Sujawal Block of Sindh. The company, holding...
PSX Skyrockets 9,475 Points as Ceasefire and IMF Boost Investor Confidence
The Pakistan Stock Exchange (PSX) witnessed a historic surge on May 12, 2025, as the KSE-100 Index soared by 9,475 points (8.84%) to close at...
PTC to launch Africa-1 submarine cable
In November 2020, the Board of Directors approved an investment of US$ 59.5 million for the Africa-1 submarine cable project. This initiative aims to provide...
LCC Korea to sell 75.01% stake in Lotte Chemical Pakistan
On 20-02-2025, Lotte Chemical Pakistan Limited (LOTCHEM) disclosed the following material information.
LCC Korea to divest 75.01% stake in Lotte Chemical Pakistan
The Board of Directors of Lotte Chemical Corporation, South Korea (LCC Korea), the majority (75.01%) shareholder of Lotte Chemical Pakistan Limited (Company), has approved and...