Jiddat Web Desk ::Pakistani company Mari Petroleum Company Limited (MPCL) has been included in the world’s most profitable companies list. A UK based known international firm Plimsoll has revealed the rankings of the most profitable companies and MPCL was ranked as the 29th most profitable firm in the world.
330 large companies in oil and gas sector were analyzed by Plimsoll. It was revealed that due to unstable global oil prices the sales growth and profit margins of E&P companies reduced.
A ‘Strong’ rating was given to MPCL which was only given to some other companies whose growth substantially increased overtime. The total value of MPCL is worth $1,137.4 million, as per the analysis by Plimsoll.
The total sales of MPCL were analyzed which increased six times in 2018 in comparison to other leadings companies. MPCL’s pretax profit margin has been rated at 37.5% in comparison to -0.4% globally. Furthermore Plimsoll stated that the profit of MPCL rose by 70% in 2018.
MPCL Managing Director Lt Gen (r) Ishfaq Nadeem Ahmad at this occasions congratulated the employees of his company on working hard to ensure that MPCL stands at this position as the best E&P Company around the globe.
Jiddat Web Desk ::60% of the 124 known coffee specifies are under threat of extinction. According to the first full assessment of the world’s coffee plants, scientists are worried that coffee is on edge of extinction.
Around 100 different types of coffee trees grow in the forests naturally. 2 of them are used in the coffee that we consume.The first full assessment of risks to the world’s coffee plants shows that 60% of species are on the edge of extinction.
Dr Aaron Davis of the Royal Botanic Gardens, Kew said, “If it wasn’t for wild species we wouldn’t have as much coffee to drink in the world today.Adding, “Because if you look at the history of coffee cultivation, we have used wild species to make the coffee crop sustainable.”
According to research published in Science Advances journal the conservation steps were inadequate” for wild coffees. The study revealed that 75 wild coffee species are under threat of extinctions, 35 are not under threat and no much is known about the left 14 species.The study found that 75 wild coffee species are considered threatened with extinction, 35 are not threatened and too little is known about the remaining 14 to make any judgement.
Dr Tadesse Woldemariam Gole, of the Environment and Coffee Forest Forum in Addis Ababa said, “Given the importance of Arabica coffee to Ethiopia, and to the world, we need to do our utmost to understand the risks facing its survival in the wild.”
Worldwide one in five plants is on edge of extinction in comparison to the 60% of coffee. Even wild tea and mangoes are threatened with extinction along with hazelnuts and pistachios.
Jiddat Web Desk ::Pakistan Tehreek-e-Insaf-led federal government has installed the face detection biometric system in all federal educational institutions, the Parliamentary Secretary for Federal Education and Professional Training, Wajiha Akram informed the National Assembly of Pakistan on Wednesday.
She further said that the government implemented this system to ensure the timely attendance of the teachers.While responding to a question on the floor of the house, she said that the Federal Directorate of Education has a mechanism of supervision of all the federal educational institutes through the field officers.
While responding to another question during the Question Hour, she said that the proposal of curriculum revision was in the phase of implementation by the ministry through the National Curriculum Council. The field officers are duty bound to pay visits to the federal educational institutes to assess the academic activities and administrative affairs of the institutions.