Business & Finance News

Mari Petroleum Executive Reports Share Transactions in Compliance with PSX Regulations

Karachi: An executive of Mari Petroleum Company Limited has officially reported trading shares of the company. The disclosed transactions occurred on August 30, 2024, aligning with regulatory compliance standards as mandated by the PSX and the Securit...

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Indus Motor Company Announces Additional Rs. 1.1 Billion Investment for Vehicle Localization

Karachi: The Indus Motor Company Limited has approved an additional investment of Rs. 1.1 billion for the localization of vehicle parts and components, aiming to strengthen the local auto industry and reduce foreign exchange outflows. This investment,...

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Nimir Industrial Chemicals Completes Acquisition of Hub Soap Manufacturing Plant

Karachi: Nimir Industrial Chemicals Limited (NICL) has officially completed the acquisition of the soap manufacturing facility in Hub, Balochistan from Procter and Gamble Pakistan, as confirmed on September 1, 2024. This strategic move is set to expan...

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Arif Habib Dolmen REIT Schedules Board Meeting for Financial Decisions

Karachi: Arif Habib Dolmen REIT Management Limited, overseeing the Globe Residency REIT, has convened an emergent board meeting on September 07, 2024, in Karachi. The session is set to finalize the financial statements for the year ended June 30, 2024...

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Attock Refinery Announces Strong Financial Results and 150% Dividend for 2024

Rawalpindi: Attock Refinery Limited (ARL) has reported a robust financial performance for the fiscal year ended June 30, 2024. The company declared a total dividend of Rs. 15.00 per share, marking a 150% payout, including an interim dividend of Rs. 2....

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