Business & Finance News

Karachi: The Meezan Strategic Allocation Fund (MSAF), a Shariah Compliant fund of funds scheme, reported mixed financial results for its five investment plans as of June 30, 2024. The fund, aiming to generate returns through diversified allocation in ...

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has approved an extension for Dost Steels Limited, allowing the company additional time to hold its Annual General Meeting (AGM) and to submit its financial statements for the fiscal...

Lahore: Systems Limited has announced that its 223rd Board Meeting will convene on October 21, 2024, at Lahore office and online. The key agenda for the meeting will be to review the company's quarterly accounts for the period ending September 30, 202...

Karachi: In a significant move within the energy sector, Siemens AG has finalized the sale of its Energy Business Segment to Siemens Gamesa Renewable Energy (Private) Limited. This transaction, approved by Siemens AG's Board of Directors, carries a to...

Karachi: Meezan Pakistan Exchange Traded Fund (MZNP-ETF), operating as an open end Shariah Compliant Exchange Traded Scheme, has recorded an impressive annual growth, with its Net Asset Value surging by 73.48% from 7.81 to 13.52 points as of June 30, ...

Karachi: The Meezan Tahaffuz Pension Fund (MTPF), designed to offer Shariah-compliant pension solutions, has demonstrated a strong performance across its sub-funds for the fiscal year ended June 30, 2024. The fund caters to varying levels of risk tole...

Karachi: S.G. Power Limited has disclosed a series of share sales by Sohail Ahmed, Chief Executive/Director of the company, according to a notification sent to the Pakistan Stock Exchange Limited. These transactions, which took place on October 3, 8, ...