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Nov 14, 2026 اردو

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Business & Finance Print edition: 2024-10-01

Sheikh Umer Rehan elected PVMA chairman for 2024-26 term

ISLAMABAD: Sheikh Umer Rehan has been elected as new Chairman Pa-kistan Vanaspati Manufacturers Association (PVMA)...

Published October 1, 2024 Updated October 1, 2024 06:49am

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By Recorder Report

ISLAMABAD: Sheikh Umer Rehan has been elected as new Chairman Pakistan Vanaspati Manufacturers Association (PVMA) for the year 2024-26.

Asjad Arif and Khalid Islam Sheikh were also unanimously elected Senior Vice Chairman and Vice Chairman respectively for the year 2024-2026.

The Secretary General PVMA Monday announced the final results at 80th Annual General Body Meeting of the Association at FPCCI Capital House, Islamabad.

The Executive Committee and Members of PVMA congratulated Sheikh Umer Rehan and hoped that being a veteran, seasoned and experienced person he will fully utilize his potentialities to resolve the problems being faced by the ghee/cooking oil industry.

The event was held at FPCCI Capital House, Islamabad to bid farewell to the outgoing Chairman Sheikh Abdul Razzaque and to welcome the incoming Chairman Sheikh UmerRehan.

Razzaque and Sheikh Umer Rehan, in their speeches highlighted, the challenges being faced by the industry. Sheikh Umer Rehan thanked the members for reposing confidence in him and assured to solve their problems on fast track basis.

PVMA Sheikh Umer Rehan

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Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
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S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 14	330
Diesel/Litre / Nov 14	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

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