US Edition
News from AUGAF
Top AUGAF News
Pakistan · PakistanThe Sazgar Engineering Works (SAZEW) reported on Friday that it had sold 1,349 units of its 4-wheelers in June 2025, a number that a local research house said was the company’s second highest in a month. The company anticipated in April 2025 that the demand for automobiles would boost in the wake of economic stabilisation and reduced interest rates in Pakistan. SAZEW rolled out its first four-wheeler in August 2022 in Pakistan under a joint vent…See the Story
Sazgar Records ‘Second-Highest’ 4-Wheeler Sales in June 2025
Pakistan · PakistanThe Sui Northern Gas Pipeline (SNGPL) clarified on Friday that it had received payments from the Power Division on June 26 and 27, 2025, as part of routine business transactions. This was informed to the Pakistan Stock Exchange (PSX) by SNGPL about various news items circulating on social media networks/ digital newspapers regarding payments against circular debts. SNGPL to establish wholly-owned subsidiary “These payments relate to the company’…See the Story
Payments From Power Division ‘Part of Routine Business’, Says SNGPL
Saudi Aramco · Saudi ArabiaUnder pressure to increase payouts to Saudi Arabia, the Kingdom’s state oil giant Aramco is considering selling up to five gas-fired power plants in deals that could raise some $4 billion, sources familiar with the plans told Reuters on Friday. Aramco has seen profits – and payouts to the Kingdom – decline this year with the slide in oil prices compared to last year’s levels. Saudi Arabia relies on income from oil exports and Aramco’s dividend p…See the Story
Saudi Aramco Could Raise $4 Billion From Power Plant Sales
Coverage: 2 sources
