Business & Finance News

Karachi, In a significant move to bolster its financial standing, Popular Islamic Modaraba Management Company (Pvt.) Limited, the manager of Popular Islamic Modaraba, has passed a crucial resolution to increase its capital and expand its authorized fu...

Karachi, NBP Fund Management Limited has declared an interim distribution for the NBP Pakistan Growth Exchange Traded Fund (ETF). The Chief Executive Officer, with authorization from the Board of Directors, announced a distribution of Rs 1.7565 per un...

Lahore, The Bank of Punjab has successfully completed its fourth round of profit payments to Term Finance Certificate (TFC) holders, specifically under the BOP ADT-I scheme. The total payment made was Rs. 939,819,812, distributed among 35 investors, A...

Karachi, SME Leasing Limited disclosed substantial losses in its financial results for the year ended December 31, 2023. According to information available from the Pakistan Stock Exchange (PSX), the company's board convened on June 20, 2024, in Karac...

Karachi, East West Insurance Company Limited has disclosed significant transactions involving shares of the company by key executives, as per the latest regulatory filing with the Pakistan Stock Exchange (PSX). According to information available fro...

Karachi, A significant board meeting of a Karachi-based company is set for June 28, 2024, focusing on matters other than financial results. This gathering is aimed at discussing various undisclosed agenda items that could influence the company's strat...

Karachi, The Board of Directors of UBL Fund Pakistan Enterprise ETF Managers Limited has delegated authority to the Chief Executive Officer to evaluate and potentially approve an interim distribution from the earnings of the UBL Pakistan Enterprise Ex...