PCAL, Bahra Electric sign MoU for industrial expansion

By MG News | October 11, 2024 at 10:12 AM GMT+05:00

0:00

October 11, 2024 (MLN): Pakistan Cables Limited (PSX: PCAL) and Bahra Electric have signed a Memorandum of Understanding (MoU) aimed at strengthening collaboration in the industrial and energy sectors between Pakistan and the Kingdom of Saudi Arabia.

It is worth noting that Bahra Electric is a leading manufacturer of cables and electrical goods from the Kingdom of Saudi Arabia.

The agreement focuses on the development of electrical products for the energy sector, enhancing supply chain resilience, and expanding distribution networks.

This partnership is expected to foster long-term strategic collaboration and promote industrial development, contributing positively to economic relations between the two countries.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	130,686.66 280.01M	0.26% 342.63
ALLSHR	81,305.25 897.01M	0.35% 281.26
KSE30	39,945.45 114.02M	0.09% 37.19
KMI30	190,698.05 148.61M	0.61% 1163.05
KMIALLSHR	55,074.15 495.43M	0.53% 290.50
BKTi	34,568.40 28.73M	-1.07% -372.33
OGTi	28,739.35 22.59M	1.57% 443.29

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	110,515.00	111,220.00 109,200.00	230.00 0.21%
BRENT CRUDE	68.94	69.14 68.32	-0.17 -0.25%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	-0.75 -0.76%
ROTTERDAM COAL MONTHLY	108.45	109.80 108.45	-0.55 -0.50%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.20	67.58 66.53	-0.25 -0.37%
SUGAR #11 WORLD	16.37	16.40 15.44	0.79 5.07%