Skip to main content

Puma Energy Extends Brand Licences to Chishti Group

                                                  

Puma Energy International and Chishti Group have signed an extended brand licence agreement authorizing the use of the Puma Energy brand and name in Pakistan.

This brand license agreement reflects the growing strength of the Puma Energy International brand and its attractiveness as a fuel retail brand across high-potential growth markets. 

The agreement marks Puma Energy International’s optimism regarding Pakistan’s long-term economic outlook, as well as Puma Energy Pakistan’s capability to grow and capture greater market share through quality products and services.

The Chishti Group, which operates a retail network under the Puma Energy Pakistan brand, has over 600 retail sites across the country that currently consists of over 50 Puma branded retail sites. The company plans to expand the network to include all the key retail sites as part of its growth plans. In addition, as part of its collaboration with Puma Energy International, the Chishti Group will explore powering Puma Energy-branded retail sites with solar energy as well as expanding its services to LPG distribution to consumers through its growing retail network.

The agreement was signed by Puma Energy International CEO Hadi Hallouche and Chishti Group Chairman Amir Chishti. A delegation of Puma Energy International, Trafigura, and Puma Energy Pakistan also welcomed and met with Pakistan’s Mr. Muhammad Ali, Caretaker Federal Minister of Energy, and discussed the country’s future outlook, as well as the Group’s commitment to the country. The delegation from Chishti included Amir Chishti, Chairman of the Chishti Group; Fayaz Khan, CEO of Puma Energy Pakistan; Javed Ahmedjee, Vice Chairman of the Board of Directors of Puma Energy Pakistan; and Kamal Haider Board Member of Puma Energy Pakistan.


Comments

Post a Comment

Popular posts from this blog

Huawei and OPPO Sign Global Patent Cross-licensing Agreement

            Huawei and OPPO announced the signing of a global patent cross-licensing agreement, which covers cellular standard essential patents, including 5G. "After more than 20 years of continuous innovation, Huawei has developed multiple high-value patent portfolios in the global marketplace in domains like 5G, Wi-Fi, and audio/video codecs," said Alan Fan, Head of Huawei's Intellectual Property Department. "We are delighted to have reached a cross-licensing agreement with OPPO. The mutual recognition of intellectual property value between companies is a major step towards fostering a positive cycle of innovation and research in high-value standards: investing, receiving returns from investment, and then reinvesting. This will enable our industry to keep innovating and provide consumers with more competitive products and services." "We are very pleased to enter into patent cross-licensing agreement with Huawei. It clearly demonstrates that the two compa...
Post a Comment
Read more

Peshawar Zalmi Releases "Zalmi Raalal" Official Anthem Powered by TCL

             TCL, Pakistan's No.1 LED TV Brand, in collaboration with Peshawar Zalmi, has released their most awaited anthem for PSL 8, " Zalmi Raalal ". Directed by the maestro Hassan Dawar himself, "Zalmi Raalal" is a star-studded, power-packed amalgamation of music, fashion, and sports, the three foremost passion points of Peshawar Zalmi. Produced by Naughty Boy, who has worked in the global music industry with the likes of Beyoncé, Wiz Khalifa, and Sam Smith, the music video features cricket's biggest superstars Darren Sammy and Babar Azam, as well as Pakistan's biggest celebrities Mahira Khan and Hamza Ali Abbasi. Peshawar Zalmi's official anthem for 2023, "Zalmi Raalal", is an ode to passion, a story entailing the beauty and power of the KP region and its people. The anthem has crossed one million views on all online platforms since its release, and the number is increasing fast.   The star-studded and narrative-centric anthem feature...
Post a Comment
Read more

Economic confidence among finance professionals edges higher globally despite big fall in North America

                                            The latest ACCA (the Association of Chartered Certified Accountants) and IMA ®  (Institute of Management Accountants)  Global Economic Conditions Survey (GECS) suggests that confidence among accountants and finance professionals edged slightly higher in Q2 2024 and is just above its historical average.  For chief financial officers (CFOs), all the key global indicators rose, with sharp gains evident in the New Orders and Capital Expenditure indices.   There were some notable regional differences . Western Europe-based accountants reported another decent increase in confidence as the euro area and UK economies continue to stage recoveries. Even Asia Pacific saw a small rise off the back of a huge gain previously, and the New Orders Index increased strongly. The region is benefitting from improvements in the global economy...
Post a Comment
Read more