Business & Finance News

Karachi: According to recent disclosures from the Pakistan Stock Exchange, numerous major corporations and financial institutions across Pakistan have significant investments managed by various trust funds, indicating a strong trend of corporate provi...

Karachi: Standard Chartered Bank (Pakistan) Limited has announced the appointment of Mr. Ghiasuddin Khan as an Independent Non-Executive Director, effective July 12, 2024. Mr. Khan joins the board following approval from the State Bank of Pakistan, ...

Karachi: The management of MCB Investment Management Limited has declared a daily dividend payout for the ALHAMRA Islamic Money Market Fund (ALHIMMF). The Chief Executive Officer, acting on behalf of the Board of Directors, confirmed the dividend dist...

Karachi: During the Board meeting of Bunnys Limited, the company has appointed Mrs. Saadia Omar as the new Chairperson of the Board of Directors and reappointed Mr. Omar Shafiq Chaudhry as the Chief Executive Officer for another three-year term. The...

Lahore: Honda Atlas Cars (Pakistan) Ltd. has successfully distributed its final cash dividend for the fiscal year ended March 31, 2024. The dividend was electronically transferred into the bank accounts of its shareholders on July 09, 2024. The comp...

Karachi: Alfalah Investments has announced a new daily dividend for its Alfalah Islamic Rozana Amdani Fund (AIRAF), as confirmed by the Chief Executive on behalf of the Board of Directors of Alfalah Asset Management Limited. The fund will distribute...

KARACHI: Pakistan Hotels Developers Limited (PHDL) disclosed a significant share transaction executed by Mr. Zaheer Baweja, a non-executive director of the company. The sale, involving 46,888 shares, took place on July 9, 2024, at a rate of 706.45 PKR...