Karachi: United Bank Limited informed Karachi Stock Exchange that Numair Zafar, Head Branch IT Service & Management country, UBL Lahore sold 1,400 shares of the bank @ Rs180.50 per share in the market on July 24, 2015 through CDC. “United Bank Limited is incorporated in Pakistan and is engaged in the business of commercial banking and other related services. The foundations of the bank are developed under the Banking Companies Ordinance, 1962. The bank is responsible for accepting the deposits of money on current accounts and withdrawal by cheque, draft or order. The registered office of the bank is located at Islamabad. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The global depository receipts of the bank are on the list of the UK Listing Authority and the London Stock Exchange Professional Securities Market. The subsidiaries are located in Switzerland, UK and Tanzania. United Bank AG Zurich, UBL Funds Managers and United Executors and Trustees Company Limited are also the subsidiaries of the bank. The associate companies include UBL Insurers Limited and Oman United Exchange Company LLC. The products of the bank are UBL Click N Bank, UBL Tezraftaar, UBL Click N Remit, UBL Tezraftaar Account Services, NRP Direct and UBL Tezraftaar Pardes Card for the customers. The bank is also provides global remittance facilities to its customers. The symbol “UBL” is being used by the stock exchanges for the shares of United Bank Limited.

Karachi: Engro Powergen Qadirpur Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on August 07, 2015 at Karachi. The agenda of the meeting is to consider 2nd Quarter half year ended June 30, 2015 accou...

Karachi: Ghazi Fabrics International Limited informed Karachi Stock Exchange that Mr Rizwan Arshad, Director of the company purchased 52,500 shares of the company @ Rs. 7.30 per share from the market on June 23, 2015 through CDC.

Karachi: Lalpir Power Limited informed Karachi Stock Exchange about transaction of shares of the company. Mian Hassan Mansha, Director of the company sold 99,000 shares @ Rs. 34.83 per share in the market on July 24, 2015 through CDC. “Lalpir Power Limited formerly known as AES Lalpir Private Limited is in the business of electricity generation and distribution businesses. The business of the company falls in the category of solar energy, fuel and energy. The products of the company are plant spares and consumable chemicals, electricity and power generation. The registered office of the company is located in Lahore. The symbol “LPL” is being used by the stock exchange for the shares of Lalpir Power Limited.

Karachi, July 27, 2015 (PPI-OT): Mian Muhammad Idrees, President Federation of Pakistan Chambers of Commerce and Industry, urged upon Governor State Bank of Pakistan to give necessary instruction to commercial Banks in Pakistan for LC opening to import Iranian Products, in view of recent agreement signed between Iran and USA/EU. President, FPCCI also asked Minister ...

Lahore, July 27, 2015 (PPI-OT): Pakistan’s property sector is poised for recovery in the second half of 2015, according to property portal, Lamudi (www.lamudi.pk). The property search on the Lamudi portal for both residential and commercial category has already increased by 54 percent in the first six months of 2015. Real estate experts from all ...

Lahore, July 27, 2015 (PPI-OT): There is no ambiguity in the fact that smart phones have become an indispensable need of today and if a person forgets his phone at home, his whole day’s routine gets affected. Keeping in focus this situation, Huawei has manufactured such a Smartphone which does not only fit perfectly in ...