Business & Finance News

Karachi, MCB Investment Management Limited, the management company overseeing the MCB Pakistan Asset Allocation Fund, announced a significant interim dividend payout. The Chief Executive Officer, on behalf of the Board of Directors, has approved a div...

Karachi, Alfalah Asset Management Limited has declared a dividend payment for its Alfalah Islamic Rozana Amdani Fund (AIRAF). The announcement was made by the company’s Chief Executive on behalf of the Board of Directors. On June 30, 2024, the manag...

Karachi, Waves Home Appliances Limited has disclosed significant share transactions by one of its substantial shareholders, Waves Corporation Limited, on June 27, 2024. The transactions, which involved the sale and repurchase of shares, were aimed at ...

Islamabad, MCB Investment Management Limited, the management company overseeing the Alhamra Opportunity Fund - Dividend Strategy Plan, has declared an interim dividend distribution. Unit holders registered by June 25, 2024, will receive Rs. 6.00 per u...

Islamabad, Pakistan Telecommunication Company Limited (PTCL) has successfully secured a $400 million financing agreement for its acquisition of Telenor Pakistan and Orion Towers. The deal, facilitated by a consortium led by the International Finance C...

Karachi, The shareholders of ABL-Funds have received their interim cash dividend electronically, with a distribution rate of Rs. 7.6242 per share, or 76.2420%, for the year ending June 27, 2024. This financial transaction was completed on June 28, 202...

Lahore, The First Punjab Modaraba, managed by Punjab Modaraba Services (Private) Limited, presented its 31st Audited Financial Statements for the fiscal year ended December 31, 2023. Despite facing significant economic challenges, the company demonstr...