June 18, 2026

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Wafi Energy Reappoints Chairperson and CEO for Three-Year Terms, Reports 2.5x Profit Surge

Wafi Energy Reappoints Chairperson and CEO for Three-Year Terms, Reports 2.5x Profit Surge

Laiba Shah 0

Wafi Energy Pakistan Limited (PSX: WAFI), formerly known as Shell Pakistan Limited, has reappointed Ghassan Al Almoudi as Chairperson and Zubair Shaikh as Chief Executive Officer, each for a further three-year term effective June 16, 2026. The decision ensures continuity in the company’s governance and strategic direction as it continues to strengthen its position in Pakistan’s downstream petroleum sector….

iTANZ Technologies Secures $5 Million UAE Digital Transformation Deal

iTANZ Technologies Secures $5 Million UAE Digital Transformation Deal

Laiba Shah 0

iTANZ Technologies Limited (PSX: iTANZ) has secured a long-term contract for a digital transformation program with a leading wholesale distribution conglomerate headquartered in the United Arab Emirates. The total engagement value stands at $5.00 million over the next five years, with an equal annual fee structure, according to a disclosure submitted to the Pakistan Stock Exchange. Read…

LSE SPAC-I Files Petition with Lahore High Court to Advance Ningbo Green Light Merger

LSE SPAC-I Files Petition with Lahore High Court to Advance Ningbo Green Light Merger

Laiba Shah 0

LSE SPAC-I Limited (PSX: SPAC1), together with the target company, has jointly filed a petition before the Honorable Lahore High Court seeking approval and sanction of the proposed merger with Ningbo Green Light Energy Limited through a Scheme of Arrangement and Reconstruction. The development marks a significant procedural step toward completing Pakistan’s first-ever SPAC transaction….

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