Engro Corporation sets up a trading subsidiary in UAE

MG News | February 28, 2022 at 03:39 PM GMT+05:00

0:00

February 28, 2022: Engro Corporation, Pakistan’s premier business conglomerate, has commenced office operations of its wholly-owned subsidiary, Engro Eximp FZE, in the Jebel Ali Free Zone, Emirate of Dubai.
Engro Eximp FZE will explore potential trading opportunities in the energy, fertilizers, petrochemicals and food & agriculture sectors.

According to Ghias Khan, President & CEO of Engro Corporation, “With a vision to expand the Group’s footprint outside Pakistan, we have opened our trading company in Dubai. Through its trading activities, Engro Eximp FZE will aim to create more export engines for sustainable economic growth.”

He added that this business will help leverage the enormous supply potential of Pakistan to tap the rising GCC demand. The Group’s strategic partnerships and global alliances provide Engro Eximp FZE with the foundation to grow and establish its brand internationally.

Press Release

Related News

Name	Price/Vol	%Chg/NChg
KSE100	153,866.17 113.04M	-0.36% -555.27
ALLSHR	92,322.41 289.91M	-0.18% -165.37
KSE30	47,054.02 67.50M	-0.57% -268.71
KMI30	220,139.18 52.42M	-0.81% -1787.82
KMIALLSHR	59,630.44 114.87M	-0.43% -258.98
BKTi	44,089.65 23.49M	-0.09% -38.05
OGTi	31,668.31 6.28M	-0.15% -47.11

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,495.00	0.00 0.00	170.00 0.24%
BRENT CRUDE	103.89	103.95 97.60	3.43 3.41%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-12.90 -11.49%
ROTTERDAM COAL MONTHLY	122.70	123.80 122.70	-1.10 -0.89%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	99.31	0.00 0.00	0.60 0.61%
SUGAR #11 WORLD	14.41	14.53 14.30	0.03 0.21%