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Karachi: Pakistan International Airlines (PIA) has taken USD 100 million Shariah compliant financing facility which is arranged by Abu Dhabi Islamic Bank, Al-Hilal Bank, Citibank N.A. and United Bank Limited as lead arrangers and joint book runners. According to Alfalah Securities Limited, Warba Bank of Kuwait will also act as …
Read More »Daily Archives: January 5, 2012
KSE raises governance standards – Alfalah Securities Limited
Karachi: Karachi Stock Exchange has sought clarifications from NIB Bank and Askari Bank on rumours/talks of sale out by their current sponsors. According to Alfalah Securities Limited has evaluated the impact of both these cases below: (i) NIB Bank NIB Bank has denied the rumours relating to sale of its …
Read More »Pakistan Housing Foundation Board of Directors Meet To Analyze Projects In Progress
Lahore: Federal Minister for Housing and Works, Makhdoom Faisal Saleh Hayat valued the much cherished efforts of Managing Director, Pakistan Housing Authority (PHA) RB Phulpoto for transformation of the long awaited issue of the authority into a public sector company with the name of Pakistan Housing Foundation (PHF) in a …
Read More »Karachi Chamber of Commerce demands to withdraw the FIRs
Islamabad: Chairman, Businessmen Group and former President Karachi Chamber of Commerce and Industry (KCCI), Siraj Kassam Teli, Vice Chairmen and former Presidents-KCCI, Tahir Khaliq, Muhammad Zubair Motiwala, Haroon Farooki, Anjum Nisar, President Karachi Chamber of Commerce and Industry Mian Abrar Ahmad, Senior Vice President Younus Muhammad Bashir, Vice President Zia …
Read More »Consumer expectation surveys will facilitate the process of designing a forward-looking monetary policy: Yaseen Anwar
Karachi: The Governor, State Bank of Pakistan, Mr. Yaseen Anwar has said that the consumer expectation surveys will facilitate the process of designing a forward-looking monetary policy in the country. ‘Such surveys will help us study the inflation expectations and economic confidence of households and their reaction to economic and …
Read More »Sanghar Sugar Mills Limited’s financial results for the year ended September 30, 2011
Karachi: We have to inform you that the Board of Directors of our Company in their meeting held on Thursday, January 05, 2012 at 11:30 a.m. at the registered office: 101-1st Floor, Ocean Centre, Talpur Road, Karachi, approved the Audited Financial Statements of the Company for the year ended September …
Read More »The Karachi Stock Exchange (Guarantee) Limited’s order of high court for merger of Azam Textile Mills Limited into Saritow Spinning Mills Limited
Karachi: This to inform you that Azam Textile Mills Limited has been merged into Saritow Spinning Mills Limited as per order C.O. NO. 8 of 2011 of the Lahore High Court, Lahore, dated 23-12 2011, we enclose herewith a copy of Court Order approving Merger of Azam Textile Mills Limited …
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