Business & Finance News

Karachi: United Bank Limited (UBL) has disclosed a significant transaction involving a non-executive director purchasing company shares. According to a recent notification to the Pakistan Stock Exchange (PSX), Haider Zameer Choudrey, a non-executive d...

Karachi: Pakistan Petroleum Limited (PPL) has officially commenced production at the Adhi South-9 well, a new development well within the Adhi Mining Lease, as of October 14, 2024. The company, holding a 39% working interest, collaborates with Oil and...

Karachi: MCB Investment Management Limited has declared an interim dividend for the Alhamra Islamic Money Market Fund (ALHIMMF), as confirmed on October 14, 2024. This distribution marks a significant update for investors seeking returns on Islamic fi...

Karachi: In compliance with the Companies Act of 2017, National Foods Limited has released the details for the upcoming election of its board of directors, scheduled to take place during the Annual General Meeting on October 21, 2024, at Karachi. The ...

Karachi: Engro Powergen Qadirpur Limited has declared an interim cash dividend for the nine months ending September 30, 2024, and disclosed its financial performance, reflecting a robust fiscal outlook. According to information available from the Paki...

Karachi: The Meezan Islamic Income Fund (MIIF) has recorded a significant annual return of 20.94% for the fiscal year ended June 30, 2024, primarily driven by profits on Sukuk and Islamic bank deposits. According to the fund's latest report, the MIIF,...

Karachi: The Meezan Gold Fund (MGF), which aims to provide investors with Shariah-compliant returns through investments in physical gold, has shown notable performance in its fiscal year ending June 2024, according to details revealed in its latest re...