Business & Finance News

Apna Microfinance Bank Faces Challenges Despite Improved Economic Outlook

Karachi: Apna Microfinance Bank Limited has released its unaudited condensed interim financial information for the first quarter ending March 31, 2024. The bank reported a significant reduction in losses, which declined from PKR 1,514 million in the c...

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Apna Microfinance Bank to Increase Authorized Capital and Issue New Shares

Lahore: The Board of Directors of Apna Microfinance Bank Limited (AMBL) has announced a significant corporate financial restructuring, including an increase in the bank's authorized capital from Rs. 5 billion to Rs. 7.5 billion, in a move aimed at str...

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Fauji Fertilizer Company Announces Second Corporate Briefing for 2024 Results

Karachi: Fauji Fertilizer Company has scheduled its second corporate briefing of the year to discuss the business results for the first half of 2024. The event is set for Tuesday, August 13, 2024, at 3:00 PM, and will take place at the PSX Auditorium ...

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Fauji Fertilizer Bin Qasim Limited to Host Corporate Briefing on Financial Performance

Karachi: Fauji Fertilizer Bin Qasim Limited (FFBL) announced that it will conduct a Corporate Briefing Session (CBS) on 13 August 2024 in Karachi to discuss the company’s financial performance for the period ended 30 June 2024.

The session aims to p...

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Khawaja Usman Arif Acquires Significant Stake in Oilboy Energy Limited

Karachi: A major transaction in the energy sector unfolded as Khawaja Usman Arif disclosed acquiring 14.82% of the voting shares of Oilboy Energy Limited. The purchase was completed on July 30, 2024, according to the regulations stipulated under Secti...

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United Brands Limited Reports No Known Cause for Share Price Volatility

Karachi: United Brands Limited (UBDL) has observed an unusual movement in its share prices recently. According to the management, they are unaware of any developments or material information that could have triggered this volatility.

The company has...

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