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Karachi, In a notable financial move, Bank Makramah Limited, previously Summit Bank Limited, has proposed an additional rights issue. The company, as per the latest Pakistan Stock Exchange report, plans to issue rights at a rate of 11.2443%. This proposal follows the bank’s earlier announcement of a 65% rights issue, reflecting its strategy for capital augmentation.
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Pakistan Condemns Demolition of Century-Old Mosque in Saharanpur
Islamabad: Pakistan has strongly condemned the demolition of the century-old mosque in Saharanpur, India. Responding to media queries regarding reports of this incident, Foreign Office Spokesperson Sajjad Haider Khan stated that this action against a...