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Bank Makramah Limited Proposes Additional Rights Issue

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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Dar Discusses Regional Developments with Foreign Ministers of Singapore and Indonesia

Islamabad: Deputy Prime Minister and Foreign Minister Ishaq Dar interacted with Foreign Minister of Singapore, Dr. Vivian Balakrishnan, and Foreign Minister of Indonesia, Sugiono, ahead of the plenary session of the ASEAN Regional Forum Ministerial Me...