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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Peacekeeping Without Peacebuilding Cannot Sustain Peace: Asim

Islamabad: At the United Nations, Pakistan's Permanent Representative to the UN Ambassador Asim Iftikhar Ahmad has emphasized that peacekeeping efforts alone are insufficient to sustain peace without the integral component of peacebuilding. Accordin...