Adamjee Insurance Co. Reports 30% Distribution for December Year-End

Karachi, Adamjee Insurance Co. (AICL) today reported a closing rate of Rs. 31.28, with a daily weighted average rate of Rs. 30.64. The paid-up capital stood at Rs. 3,500.00 million. The company declared a 30% distribution for the year ending December 2023, with 30% and 15% distributions for 2022 and 2021, respectively. The high and low rates for January to September 2023 were Rs. 20.66 and Rs. 0, respectively, with a total turnover of 36,398,000.

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PM Directs to Intensify Search and Rescue Operations for Crashed Cargo Plane

Islamabad: Prime Minister Muhammad Shehbaz Sharif has expressed deep grief and sorrow over the tragic incident involving a private cargo aircraft en route from Sharjah to Karachi, which went missing after crashing into the Arabian Sea. According to ...