Category: Latest News
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Pakistan Oxygen Reappoints Matin Amjad as CEO Following Board Meeting
PAKISTAN Pakistan Oxygen Limited has informed the Pakistan Stock Exchange (PSX) that its Board of Directors has re-appointed Mr. Matin Amjad as Chief Executive Officer (CEO) of the company. According to the notification, the decision was taken during the Board meeting held on February 13, 2026. Mr. Amjad has been re-appointed for a period up…
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PSQCA, CGA Sign MoU to Implement Financial Accounting and Budgeting System
PAKISTAN The Pakistan Standards & Quality Control Authority (PSQCA) and the Controller General of Accounts (CGA) have signed a Memorandum of Understanding (MoU) for the implementation of the Financial Accounting and Budgeting System (FABS). The move is being described as a major step toward institutional transparency, digital governance, and financial reform. The signing ceremony was…
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FPCCI Welcomes 3% Cut in Export Refinance Facility, Calls It Lifeline for Exporters
PAKISTAN The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has welcomed the banking sector’s voluntary decision to reduce the Export Refinance Facility (ERF) rate by 3 percent, bringing the end-user financing cost down to 4.50 percent. FPCCI President Atif Ikram Sheikh described the move as a timely relief for export-oriented industries and reiterated…
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SECP Registers 3,881 New Companies in January; Total Tally Reaches 283,540
PAKISTAN The Securities and Exchange Commission of Pakistan (SECP) registered 3,881 new companies in January 2026, raising the total number of registered companies in the country to 283,540. According to the SECP, the newly incorporated firms brought in a cumulative paid-up capital of Rs 8.4 billion during the month. Notably, 99.9 percent of the registrations…
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KU’s Chemical Engineering Dept to Host Conference on Application of AI in Chemical Process Industries on Feb 13
PAKISTAN The Department of Chemical Engineering, University of Karachi (UoK), is organizing a conference titled “Application of AI in Chemical Process Industries” on Friday, 13 February 2026, aiming to explore how artificial intelligence is transforming process optimization, safety, efficiency, and innovation in chemical and allied industries. Prof. Dr. Bilquees Gul, Dean, Faculty of Science &…