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Karachi, July 10, 2012 (PPI-OT): SECP PROPOSES NEW TAKAFUL RULES The Securities and Exchange Commission of Pakistan (SECP) in response to industry’s demand has proposed new Takaful Rules. According to MR Securities, which will allow the conventional insurance companies to offer Takaful products through their dedicated Shariah compliant window operations. …
Read More »Daily Archives: July 10, 2012
Morning Briefing for July 10, 2012 – Standard Capital
Karachi, July 10, 2012 (PPI-OT): E and P companies strategies alignment with investor’s strategy Standard Capital has the desire to align investor’s strategies with oil and gas exploration companies overall strategies. In this context, Standard Capital see overall hydrocarbon activity is restricted to Pakistan’s biggest company OGDC, which is also …
Read More »AKD Quotidian about — Afghan aid pledge – Positive for Pak Cement?
Karachi, July 10, 2012 (PPI-OT): And the good news keeps on flowing for the cement sector! Following concurrent price increases, reduction in FED and turnover tax and fall in international coal prices, now comes the news flow concerning aid pledge to Afghanistan. At an international donor’s conference, about US$16 billion …
Read More »Cement export price reduced for India – Alfalah Securities Limited
Karachi, July 10, 2012 (PPI-OT): Pakistani cement manufacturers have lowered the cement prices for export to India by USD 9 per ton or 13% in order to compete well in the Indian markets. According to Alfalah Securities Limited, the steep devaluation of Pak Rupee against dollar has created room for …
Read More »SECP proposes new Takaful Rules – Alfalah Securities Limited
Karachi, July 10, 2012 (PPI-OT): Securities and Exchange Commission of Pakistan (SECP) in response to industry’s demand has proposed new Takaful Rules which will allow the conventional insurance companies to offer Takaful products through their dedicated Shariah compliant window operations. The chairman of SECP is scheduled to formally launch the …
Read More »Local POL products’ prices likely to be eased off – Alfalah Securities Limited
Karachi, July 10, 2012 (PPI-OT): In line with a drop in the international petroleum product prices particularly petrol and diesel, it has been estimated that the prices of petrol, Compressed Natural Gas (CNG) and diesel are likely to go down by PkR 2.70, PkR 2.5 and PkR 1.0 per liter …
Read More »Gas deposits discovered in Sui – Alfalah Securities Limited
Karachi, July 10, 2012 (PPI-OT): Heavy gas deposits have been confirmed in the Sui area of Dera Bugti which was reported after completion of 2-dimension survey to explore new natural gas reservoirs in Sui area. According to Alfalah Securities Limited, the survey was delayed for the last 15 years due …
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