Business & Finance News

Lahore: Jubilee Spinning and Weaving Mills Limited is close to securing a crucial No Objection Certificate (NOC) from the National Bank of Pakistan (NBP), a significant step towards the company’s planned name change. The management has been diligent...

Islamabad: The Bank of Khyber has announced a board meeting to be held on July 12, 2024, at its headquarters in Islamabad. The gathering is set to discuss critical agenda items that fall under the board’s oversight, reflecting pivotal governance activ...

Karachi: Haji Mohammad Ismail Mills Limited continues to face significant challenges, including ongoing legal proceedings and difficulties in securing investors for restructuring. The company's troubles began in 2017 when the Securities and Exchange...

Karachi: A significant share purchase by a substantial shareholder in First Elite Capital Modaraba has been officially recorded and disclosed. Nauman Rathore, categorized as a substantial shareholder, acquired 9,500 shares of First Elite Capital Mod...

Karachi: United Bank Limited (UBL) has successfully completed the sale of its shareholding in United National Bank Limited (UNBL), UK, as confirmed today. The transaction, finalized on July 5, 2024, followed all necessary regulatory approvals as req...

Karachi: Citi Pharma Limited has officially appointed Mr. Ghulam Dastgeer as the new Company Secretary, effective from July 1, 2024. This strategic appointment comes as part of the company's ongoing efforts to strengthen its management team and enhanc...

Karachi: The Chief Executive Officer of MCB Investment Management Limited, the managing entity for Alhamra Islamic Money Market Fund (ALHIMMF), declared today that a dividend distribution has been sanctioned by the Board of Directors. According to inf...