Daily Archives: Mar 13, 2025
MSCI Downgrades Pakistan to Frontier Market
“MSCI Inc. (NYSE: MSCI) announced that it will reclassify the MSCI Pakistan Indexes from Emerging Markets to Frontier Markets,” it said in a press...
OGDC discovered Gas & Condensate at Wali # 01 in KPK
Oil and Gas Development Company Limited ((PSX: OGDC) announced that it has made a Gas & Condensate discovery over Hangu Formation at Wali #...
AVN secured its 1st project in the Arab Republic of Egypt...
Avanceon FZE, a wholly owned subsidiary of Avanceon Limited established in the Middle East, in a joint effort with Elsewedy Electric have secured its...
Avanceon FZE signs multi-year maintenance contract with Dubai Metro
Avanceon FZE, a wholly-owned subsidiary of Avanceon Limited established in the Middle East, has been awarded a nine-year extension on its contract to maintain...
CPI Inflation recorded at 8.4% in August
Pakistan's Yearly Inflation in August 2021 was 8.4% as compared to 8.4% in July 2021. The CPI reading in Ausust 2020 was at...
Pakistan’s four energy companies secured an offshore exploration contract from UAE...
Pakistani energy companies won big in Abu Dhabi, with four of them securing an offshore exploration contract from UAE blue-chip ADNOC. The contract is...
