Cnergyico joins hand with Abhi

News Image

MG News | April 25, 2022 at 01:03 PM GMT+05:00

April 25, 2022: Cnergyico Pk Limited formerly Byco Petroleum, one of Pakistan’s largest petroleum companies, today announced the signing of a memorandum of understanding (MoU) with the financial wellness platform Abhi which provides salary advance service, said a press release issued on Monday.

Cnergyico plans to use Abhi’s innovative financial technology to facilitate its employees located all across Pakistan. With Abhi, employees can access their earned salary, at any time of the month.

Speaking on the occasion, Mr. Azfar Saeed Baig, Cnergyico’s Vice President for Information said, “taking care of employees has been the number one priority at Cnergyico. The company has been blessed with hundreds of hardworking and dedicated individuals who are all part of the Cnergyico family. We not only offer attractive wages, invest in training and development, cultivate a diverse and inclusive work environment, and ensure the health and safety of our employees but also provide attractive benefits by using innovative, technology-driven products like Abhi.”

Cnergyico is one of the biggest employers in the energy industry in Pakistan since the company operates the country’s largest oil refinery in terms of installed capacity, a rapidly growing network of over 430 retail outlets, the nation’s first and only Single Point Mooring, and other energy infrastructure assets.

By collaborating with Abhi, Cnergyico seeks to give greater financial flexibility to its employees so they can prosper and succeed.

Press Release

Related News

Name Price/Vol %Chg/NChg
KSE100 168,944.96
50.67M
-0.90%
-1533.98
ALLSHR 101,900.52
255.86M
-0.96%
-985.01
KSE30 50,393.48
20.76M
-0.95%
-484.13
KMI30 241,590.27
18.90M
-0.95%
-2327.59
KMIALLSHR 66,082.47
113.81M
-0.99%
-660.88
BKTi 45,900.80
6.02M
-0.90%
-416.67
OGTi 34,838.46
2.20M
-1.08%
-380.17
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 62,610.00 64,325.00
59,600.00
2095.00
3.46%
BRENT CRUDE 97.52 97.75
95.00
4.43
4.76%
RICHARDS BAY COAL MONTHLY 122.00 0.00
0.00
-0.40
-0.33%
ROTTERDAM COAL MONTHLY 134.35 0.00
0.00
0.35
0.26%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 94.59 94.84
92.20
4.05
4.47%
SUGAR #11 WORLD 14.12 0.00
0.00
-0.02
-0.14%

Chart of the Day


Latest News
June 08, 2026 at 10:45 AM GMT+05:00

Fitch cuts global growth forecast to 2.4%


June 08, 2026 at 10:24 AM GMT+05:00

Gold slips on fed rate hike bets


June 08, 2026 at 09:57 AM GMT+05:00

Middle East escalation lifts oil prices


June 08, 2026 at 09:42 AM GMT+05:00

ITANZ Technologies approves over Rs4bn investment



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg